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Urban Attitude, Pattaya

Property ID: 2179
Pattaya City,
Thailand
£38,000
Studio
  • 475
  • 0
  • 1 Bathroom
  • 25 sq m
Kinney Smith
Kinney Smith
Contact Agent

Description

Urban Attitude

Despite the growth of other parts of Pattaya, it is still the city centre that is most popular with rental tenants and a large proportion of buyers looking for a second home in the city. For many, the convenience of having most of the city’s main amenities within easy walking distance outweighs the advantages of the other areas.The problem is that, because there are so few remaining building plots in the city centre, new projects in this part of a city are a rarity – and usually the prices are outside the budgets of many potential buyers.

This makes Urban Attitude a very welcome addition to our portfolio, as it offers highly affordably-priced apartments in a highly central location.  Urban Attitude is located in a quiet street just behind Third Road, in an area which has always proven to be very popular with British, American, Australian and Western European buyers.  This is very much a boutique development, containing a mere 146 units in an eight-storey building in order to ensure an air of exclusivity for all who live here.

No matter what type of apartment you are looking for, there is sure to be a suitably-priced unit for you.  The range of apartments start with studios, ranging in size from 25 to 28.5m2, plus a full range of one-bedroom apartments.  These start with compact and affordable 31m2-sized units which is ideal for holiday makers, going up to 44m2 which is sufficiently large enough for full-time living, 365 days per year.  There are also 58.5m2 two-bedroom/two-bathroom options which make for exceptionally good rental investments due to the lack of affordable two-bedroom options in the city centre today.

Despite the small and intimate nature of the development, Urban Attitude offers a full range of facilities to owners and residents.  Most notable of the features are the fact that there are not one, but two, swimming pools available on the project.  There is a large swimming pool on the second floor which is surrounded by greenery and decking for sunbathing, plus an infinity pool on the roof terrace area.  The roof terrace also offers a garden area and more decking, from where there are spectacular views across the city.  The project also contains a fully-equipped fitness centre.

The development comes from an award-winning local developer for whom Urban Attitude will be their eighth development in the city, all of which are located in premium locations which have proven to be highly popular with rental tenants.  Due to this fact, the company has a very active rental division which should have no problem in ensuring that all clients buying at Urban Attitude with an intent to let out their units should have few problems in finding tenants for this very well-situated development.  As a result, rental yields of 8-10% per annum should be easily achievable at Urban Attitude.

 Type  m2  Price/THB    Start Date          Q1-2015
Studio – Min     25.0       1,681,707 Closing Costs              2%
Studio – Max  28.5       1,993,134 Payment Plan
One-Bed – Min     31.0       1,947,786 Reservation Fee       THB 25,000
One-Bed – Max     44.0       3,104,579 Deposit Payment            20%
Two-Bed – Min     58.5       3,675,660 Interim Payments            30%
Two-Bed – Max     58.5       3,995,283 Handover            50%

Amenities

Communal Pool
24 Hour Security
Sea Views
Terrace
Roof Terrace
Fully Furnished
Close To Beach
Private Parking
Air Conditioning
Swimming Pool

Key Features

City Centre location
Sauna
Fitness centre
Reception

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