Jul 6 2007
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."