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New development to offer superb property in Thailand


Wednesday 27th of July 2011

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 – 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 (£34,780) 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.