Are you looking at making Thailand your permanent residence? Or planning on staying in Pattaya for extended periods of over two months at a time? If so, then Southpoint could very well be the perfect property for you.
Normally it is not so easy for anyone under the age of 50 to obtain a long-term residency in Thailand. However, the Tourism Authority of Thailand operates a scheme called ‘Thailand Elite’ which offers a multitude of benefits to the holder, most important of which is a 20 Year Visa. Click here for full information on the programme.
Enrollment in the Thailand Elite scheme usually costs THB 2 million. However, anyone purchasing an apartment at Southpoint gets to enjoy all of the benefit of property co-project membership.
As for the project itself, Southpoint is a truly luxurious project worthy of a VIP. The development is located in a prime position on Kasetsin Soi 7 on Pratumnak Hill, just 100m from vibrant Rajchawaroon Street and 300m from the popular Cosy Beach.
Southpoint consists of two towers of 30 and 20 floors, beautifully designed by architects, SODA. The development will contain a total of 672 units across the two towers.
Tower A, the taller of the two, is the building containing apartments available for purchase. This tower topped out in October 2014 and is now well on course for completion in Q3-2016 The majority of units in the tower face either north – offering buyers views over the top of the hill to Pattaya city and the bay – or south, looking towards Jomtien and the clear sea views beyond.
A variety of unit sizes at Southpoint means that there will be a suitable apartment for all buyers, no matter what their unique individual requirements may be. Those on tighter budgets will probably be most interested in the 30m2 studios that are on offer. A step up from the studios are the 41m2 one-bedroom apartments, while those requiring more space still may wish to opt for 61m2 two-bedroom apartments.
No matter whether buyers opt for a studio or a penthouse, they still have access to the wide variety of facilities which are on offer at Southpoint, including the infinity pool which is located on a skydeck on the 25th floor, providing all users with beautiful views across Pratumnak to Koh Lan island, Pattaya city centre and Jomtien. The skydeck will also house Southpoint’s fully-equipped fitness centre, which also contains a sauna.
The fact that Southpoint is located on a large plot means that there is a lot more room for facilities at ground level too – certainly a lot more than on most competing tower developments on Pratumnak. Southpoint offers buyers the use of a children’s pool and play area, set in the project’s gardens, which will be landscaped by a modern Zen Master.
With the developer’s enviable track record of having been responsible for some of the most luxurious developments located in Pattaya to date, Southpoint is sure to be one of the highest-quality projects to be constructed in this exclusive part of the city.
With apartments at Southpoint starting from just over THB 3.8 million, Southpoint is the perfect choice for anyone looking to obtain long-term residency in Thailand. Those taking advantage of the scheme need only pay THB 1 million upon contract, with the remainder not due until the project is ready for handover before the end of 2016.
|Type||m2||Price/THB||Start Date||Feb 2013|
|Studio – Min||30||3,816,685||Closing Costs||1%|
|Studio – Max||30||5,719,236||Payment Plan|
|One-Bed – Min||41||4,893,935||Reservation Fee||THB 50,000|
|One-Bed – Max||76||12,023,266||Deposit Payment||10%|
|Two-Bed – Min||61||7,217,155||Interim Payments||10%|
|Two-Bed – Max||97||12,834,933||Handover||80%|