10 Bedroom Shophouse for sale at Massage Shop Pratumnak

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Nong Prue, Pattaya, Chon Buri
Unit ID: U225749
6% Rental Yield
10 Bedrooms
4 Bathrooms
650 SqM Indoor Area
Completed

About This Shophouse

This property is a 650 SqM shophouse with 10 bedrooms and 4 bathrooms that is available for sale. It is part of the Massage Shop Pratumnak project in Nong Prue, Pattaya. You can buy this shophouse for a base price of ฿29,900,000 (฿46,000/SqM) and it is also available for long term rentals starting from ฿160,000 per month.

Commercial Property in Cosy Beach

STUNNING COMMERCIAL BUILDING OF 650 SQMS, OVER 5 LEVELS IN THE MAIN SOI OF COSY BEACH.

ONLY 100 METERS FROM THE CHOCOLATE FACTORY AND SKY LOUNG RESTAURANTS AND BEACH.

NO EXPENSE SPARED ON THIS BUILDING THAT WAS THE KITO KATO MASSAGE, SPA & BEAUTY THERAPY.

THE RENOVATION TOOK NEARLY 2 YEARS TO COMPLETE, HAS TO BE SEEN TO APPRECIATE IT.

 

LEVEL 1:  MAIN RECEPTION AREA CONSISTS OF MARBLE ENTRY WITH BESPOKE RECEPTION COUNTER,

BEAUTIFUL AQARIUM, WALL UNITS, LOVELY SOFAS AND MATCHING FURNISHINGS AND WALL ART, TV,

SMALL KITCHEN AND TOILET, 2 LARGE DAIKEN AIR CONDITIONING UNITS, SECURITY CAMERAS, WI-FI,

 

LEVEL 2:  CONSISTS OF A LARGE LOUNGE AREA WITH 2 LARGE DAIKEN AIR CONDITIONERS, THIS AREA WOULD SUIT A GENTLEMANS CLUB, KAROKE  LOUNGE OR A MASSAGE AND RELAXATION  AREA,

STORAGE ROOM, 2 LOCKER ROOMS,  TOILETS ON EVERY LEVEL

 

LEVEL 3: CONSISTS OF 4  BEDROOMS OR MASSAGE ROOMS OR OFFICES, IT HAS A DRY SAUNA,

A LARGE  STEAM ROOM, STORAGE ROOM, LOCKER ROOM

 

LEVEL 4: CONSISTS OF 3  MORE ROOMS SAME AS LEVEL 3, ALSO A BEAUTY CARE ROOM WITH SPECIALIZED EQUIPMENT WHICH IS SOLD WITH THE PROPERTY, ANOTHER LARGE STEAM ROOM

 

LEVEL 5: THIS LEVEL HAS 2 LARGE OFFICES WITH EXPENSIVE FURNITURE AND WALL UNITS ETC,

LOUNGE ROOM, ENSUITE BATHROOM,  STORE ROOM, STAFF ROOM WITH SHOWER AND TOILET,

THE TOP FLOOR COULD EASILY BE MADE INTO A PENTHOUSE APARTMENT.

 

REMARKS: THE BUILDING HAS A BACK UP POWER TRANSFORMER THAT COST APPROX 1.4MB

DAIKEN AIR CONDITIONERS THROUGHT THE BUILDING, MARBLE STAIRCASES WITH STAINLESS STEEL CUSTOM HANDRAILS, MARBLE ENTRY. IMPORTED CEILING LIGHTS ETC, ETC

Basic Information

Date Listed Nov 5, 2019
Updated 2 years ago
Property Type Shophouse
Bedrooms 10
View(s) N/A
Listed By
Private Owner
Unit ID U225749

Investment Opportunity: Charges & Yield

Sale Price
฿29,900,000
Rent
฿160,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
16
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Loan Calculator

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Pattaya
Nong Prue

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