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Two units for sale.


villevictor

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Two units for sale in the Thappraya / Third Road crossing. The units are located between the very popular poolplace "Country Road" and "Go Minimart". Newly renovated with fresh toilets. Good place to have a business running with several rooms for renting out. Will get some pictures from the inside shortly.

 

Current price is set at 8 million baht.

 

For more information contact me on 0871342219 or [email protected].

 

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Edited by villevictor

Living and partying in Pattaya from August 2009 until I´m either broke or dead.

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10 mil. sounds like a lot of money for this project .

 

Looks like 4 rooms for rent 3000/4000 bath each = 12/16000 bath

2 business units 5000/7500 bath each = 10/15000 bath

 

Makes roughly 20/30.000 bath a month , that's about 2,0-3,0% on your 10 mil. bath .

Keeping in mind there is something like inflation and maintenance i can think of

a more fun way throwing your money away .

 

Correct me if i got the numbers wrong .

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I take it this is FREEHOLD then?

Yes

 

10 mil. sounds like a lot of money for this project .

 

Looks like 4 rooms for rent 3000/4000 bath each = 12/16000 bath

2 business units 5000/7500 bath each = 10/15000 bath

 

Makes roughly 20/30.000 bath a month , that's about 2,0-3,0% on your 10 mil. bath .

Keeping in mind there is something like inflation and maintenance i can think of

a more fun way throwing your money away .

 

Correct me if i got the numbers wrong .

 

If you want to make it as a guesthouse you could have about 8-10 rooms with the current layout. The business downstairs would run quite good I believe due to the good location. The price is set at 10 million right now but can be lowered quite a lot.

 

I get your point though, but as long as you are willing to work hard I think it's a good place to get something good out of it.

Living and partying in Pattaya from August 2009 until I´m either broke or dead.

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Down to 8 million baht.

Living and partying in Pattaya from August 2009 until I´m either broke or dead.

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Mate that seems very pricey for the location and for what I could see the returns being

 

 

Good luck with it though

Better to be daring and cool, than timid and uncool! Life's journey is not about arriving at your gravesite in a well preserved condition, but rather dropping into it in a long sideways skid, totally worn out, and shouting "Holy Shit...What a ride" - Indian Larry

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