Incredible "investor" package located just a stones throw from Wongamat beach, and a number of fantastic beachfront restaurants including Surf and Turf, The Glasshouse, and The Pullman Beach Club. This price is for THREE separate 2bed, 2 bath condos with sizes as follows; 115 sqm - 99 sqm - 121 sqm. Under 39,000 THB per sqm, average price on soi 16 is in excess of 85,000 THB per sqm.
Wongamat Residence is a low rise boutique building, built by a European Developer in 2006. A huge plus to living in this building is that Residents can also use the pool and gym of the Long Beach Garden Hotel. The pool is a fantastic beachfront pool bettered by very few pools in Pattaya.
Can you find better value on Soi 16? Each unit is sold fully furnished and registered in one company name so there are no large transfer fees to pay.
Anyone renovating these units should look to rent them for 30-35,000 THB a month.