The Pattaya Heights project presents a unique investment opportunity to purchase
outstanding condominium units, currently in high demand from foreign buyers
as up to 49% foreign freehold allows direct foreign ownership of units, a rarity
for the overseas buyer in Thailand, and providing a sound exit strategy for
any investor.
Pattaya Heights offers 114 deluxe condominium units within two identical seven
storey buildings. Designed to combine the opulence of a resort within a stylish
city location, it is the first condominium development in Pattaya to have two
"infinity edge" roof top swimming pools boasting outstanding unrestricted
views of the Pattaya Bay. Occupying a strategic location within what is recognised
as the most secure neighborhood of Pattaya and only 5 minutes to the commercial
heart with some excellent restaurants, shopping, entertainment and superb coral
sand beaches.
In line with Obelisk
International's commitment to bring only the highest quality real estate investments
to investors, the company is proud to introduce its partnerships with the Iguana
Company and Chandler and Thong-EK on the Pattaya Heights project.
The Iguana Company is a professional Thai property developer and constructor
combining over seventy years experience in property development. The company's
initial activities constructing private villas and purchasing second hand condominiums
for reformation to European standards, has today extended to designing and constructing
their own exclusive condominium projects providing outstanding design and construction
to the highest quality. For the Pattaya Heights project, the Iguana Company
offer a comprehensive property management service to ensure Obelisk International
clients are able to maximise the rental potential of their investments.
Internationally recognised Chandler and Thong-EK have been operating in Thai
business and finance legal practices for over thirty years, and are distinguished
for their extensive consulting experience throughout a number of disciplines
including corporate, commercial and financial transactions. The International
Financial Law Review (IFLE) has awarded Chandler and Thong-EK the "Thai
Law Firm of the Year" for seven consecutive years, highlighting the company's
excellence in its field. Situated in the heart of Bangkok, the company is part
of an established network of professional lawyers, present in financial centers
and foreign jurisdictions around the world. This outstanding excellence, breadth
of experience and inherent due diligence demonstrated by Chandler and Thong-EK
supports Obelisk International's commitment to provide only the most secure
investments for our clients.
The outstanding opportunity presented by the Pattaya Heights project lead Kevin
Prior, Obelisk International's Sales and Marketing Director, to comment; "In
line with our dedication to provide only the highest quality investment opportunities
to our clients this latest project further illustrates our unflinching commitment.
I would entirely expect Pattaya Heights to replicate the astounding demand demonstrated
most recently in the Estrela do Atlantico project where all availability sold
within a 48 hour period."