Royal Hill Condominium. An excellent located lowrise condominium project set atop Pratumnak Hill, directly between the bustling Pattaya City, and the more relaxed Jomtien beach.
This is a very unique condominium purchase as the property consists of 2 absolutely stunning studio condos, both held under a single title deed.
To elaborate, when the owner purchased the property from new, the total area was a 108sq.m open plan shell unit. Various layouts have been selected by different owners, and this owner chose to divide equally the space into two 54sq.m identical studios.
The owner lived in one, and rented the other, benefitting him from an income and being on call for any tenant, and even being able to take advantage of higher rental returns by offering short term occupancy.
For anyone looking at rental investment, this property should definitely be considered. It offers to beautifully furnished, and decorated units which rent quickly and easily, plus being so nice, perhaps the new buyer would choose to copy the outgoing owner, and choose to live in one, and rent the 2nd.
Access into Pattaya city is easy, as the building is directly on a taxi routes, plus the project boasts excellent communal facilities, and a wide range of International restaurants, super markets, and local nightspots.
The beaches of Pratumnak, and Jomtien are very nice, and less crowded that the stretch of beach in the city, plus a range of watersports are still on offer.
Owned under Thai company ownership this also keeps the transfer costs down to a minimum.