New nordic vip suites 4 (Sold)

Properties for Sale (Resale)

Project New Nordic VIP suites 4
Address Pattaya, Phratam Nak soi4
Station -
Year Built 2016
Unit Type Studio
Area 24 sqm
Floor 4
Price 1,100,000 Baht
Price/sqm 44,828 Baht/sqm
Common fee 40 Baht/sqm(Common fee)/ -
Developer

New Nordic

Total floor, Total unit 7 Floors / 79 Units
Expected yield Approximately 7.6%

 

Remarks

It is located in the Pratumnak area of Pattaya. Multiple condominium buildings have been constructed by New Nordic company in this same area.

This area has many long-term residents from Russia and Western countries. The surroundings are quiet, and the sea is nearby.

Although it is a condominium, it was originally marketed with a rental guarantee and operated like a hotel, so the layout resembles a hotel room rather than a typical condo. It offers a high degree of flexibility for short-term rentals.
Due to the pandemic, rental payments from the developer have stopped, and this property is being resold prior to its registration.

Unfortunately, there is no view, but it is available at a bargain price—less than half of the developer's original purchase price.

While the photos indicate that some tiles have come detached, we understand that repairs will be completed prior to the transfer of ownership.

This is a perfect opportunity for anyone looking for a budget-friendly home in Pattaya.

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