A leading Thai developer and
hotel company have joined forces to announce the construction of a brand new
luxury development offering superb new property in Thailand. Developers the Tulip Group have teamed
up with Centara Hotels ââ¬â the largest hotel chain in Thailand – to launch the
Centara Avenue Residence and Suites in an upcoming area of Pattaya.
Strong brand to attract buyers to Pattaya property
The Pattaya Mail reports that the demand for city centre property in
Thailand is once more driving the market upward, and buyers at this brand new
development will also have the added reassurance of the Centara brand.
Centara is the largest hotel
chain in Thailand with 43 properties in the country as well as a further 13
abroad. The award winning hotel
chain will provide full project management as well as occupying building H of
the development.
The new Pattaya development will
also boast an international restaurant, concierge services and a 70 metre
swimming pool with water slides, pool bar, waterfalls, tropical landscaping, a
steam room, sauna and stunning roof gardens.
Excellent investment for buyers looking to purchase property in
Thailand
The prices for the new properties
will begin at 1.69 million baht (ã34,780) offering excellent investment
potential.
The newspaper reports that full
marketing of the Pattaya development will start this month, but interest and
demand has already been high for the investment. A spokesman for the sole estate agents confirmed that 50
properties were sold in the two weeks since the official announcement of the
joint venture.
Pattaya has been a popular
location for investors over recent years with its proximity to the airport and
to central Bangkok. It also offers
a huge range of beaches, shopping and world class restaurants and its
infrastructure is improving every year.
