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118 350 €

Commercial property in Pattaya, Thailand

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  • Property ID on Prian.info: 2694905
    Property ID on company's website: 2577
    Last update: 26.10.2023
    Number of views: 1873

118 350 €

Commercial property in Pattaya, Thailand


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  • Property ID on Prian.info: 2694905
    Property ID on company's website: 2577
    Last update: 26.10.2023
    Number of views: 1873

Specifications

Sale price 118 350 €
Construction phase Off-plan
Address Thailand, Pattaya

Description

ELYSIUM RESIDENCES – Serviced and ma...

ELYSIUM RESIDENCES – Serviced and managed by ROYAL TULIP luxury hotels. Total units: 75 No. of floors: 18 Total units in hospitality management program: 71 Toal units available to sell for private use only: 3 Penthouse apartments on top floor Facilities: Lobby & reception, restaurant, 2 high speed elevators, roof-top infinity edge swimming pool, sky-gym with ocean views, sauna & steam rooms, sky-bar & lounge, underground parking, cctv, 24-hours security, shuttle mini-bus. Sea views start from 4th floor (3A floor) 1 & 2 beds (33.3-123.3 m2) 150 meters from the beach Prices from: 4.3 MB Prices include luxury furniture Investment Highlights: -10 Years Hospitality Management Program by Royal Tulip Luxury Hotels - up to 9.8% Gross Rental Yield p.a. -Rental Guarantee 7% p.a. during first 2 years (no private usage rights) -3rd-10th years Revenue Split - 40% of the Gross Room Revenue goes back to owners, 60% will cover operating & marketing expenses of hospitality management program. Owners will have complimentary 14 days of private stay per year during years 3rd-10th. After 10 years unit owner can renew management agreement for additional 10 years period or can exit the program. -Each buyer will receive “VIP Owner’s Card” that will give card users special discounts on food & beverage, accommodation, spa & leisure activities in Royal Tulip & Golden Tulip hotels in South-East Asia. -Exchange Program. Each buyer will be able to exchange 14 days of private stay in Elysium Residences to stay in other branded residences under Royal Tulip brand around South-East Asia. Destinations map will be available by completion of the project.