Prime Commercial Building at Boat Avenue, Phuket

  • THB29,000,000
Bangtao, Cherngtaley, Laguna, Thalang

Overview

Property ID: 0034
  • Villa & House
  • Property Type

Description

Prime Commercial Building at Boat Avenue, Phuket

Discover a lucrative investment opportunity in the bustling area of Boat Avenue with this commercial building. Situated in a top location near The Bake, this property promises both strategic positioning and strong potential returns. Here’s a closer look at what this commercial building has to offer:

  • Location: Positioned in the highly sought-after area of Boat Avenue, the commercial building enjoys a prime location with high foot traffic. The proximity to The Bake adds to the appeal, making it a desirable spot for businesses.
  • Unit Price: The commercial building is competitively priced at 29 million baht, presenting a valuable investment opportunity in a thriving commercial hub.
  • Expected Rental Price: Anticipate a monthly rental income ranging between 200,000 and 250,000 baht, providing a steady cash flow for investors. The flexible rental contract allows for a 3+3+3+3+… years arrangement, offering stability and convenience.
  • Yearly Return: With an attractive yearly return of 8%, investors can expect a favorable income stream from their investment in this commercial property.
  • Future Value: In the next 3-5 years, the expected sale price is projected to increase substantially, ranging between 38 and 40 million baht. This potential for appreciation adds to the long-term value of the investment.

This commercial building not only offers an immediate income through rental yields but also presents a promising appreciation potential in the coming years. With a strategic location, competitive pricing, and flexible lease terms, this investment opportunity aligns with both short-term and long-term investment goals. Prospective investors should conduct thorough due diligence and consult with real estate professionals for more detailed information.

Details

Updated on December 28, 2023 at 10:50 am
  • Property ID: 0034
  • Price: THB29,000,000
  • Property Type: Villa & House
  • Property Status: For Sale, New

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