A new 27-unit pool villa development near the undeveloped Soi 7 area of Na Jomthien has just been launched onto the Pattaya market.
Construction is now well underway on the Royal Ambassador Residence and three show villas, the clubhouse, guardhouse and much of the development´s infrastructure have already been completed.
The project sits opposite the Ambassador City Hotel, 700 metres from Na Jomthien’s Soi 7 and while much of the rest of the surrounding area is still in its natural state there are big plans afoot for the location – which could spell substantial rental yields for investors. “The area is still unspoiled,” says Gino Mifsud, the project´s director of sales and marketing. “however, it is earmarked for a major entertainment development.”
Even without the yet-to-be-built entertainment project Mifsud believes the location already has much to recommend it, “We are minutes away from Jomthien Beach, Ocean Marina Yacht Club, the Alangkarn Entertainment Extravaganza Complex; which includes a Hexa Stage Theatre, Cultural Rostrum and a restaurant, an elephant riding venue, the Phoenix Park & Golf Course, and a choice of seafood restaurants on the water.”
Construction got underway on the luxury Thai-Bali-style project, which is the work of Thanongsak Wiboonma, chief architect and managing director of Quartect Corporation house of Bangkok-based architects, in June 2006.
Units in the development, which can be purchased in two, three or four-bedroom format, vary greatly in size although all come with private pool, jacuzzi, tropical gardens, maids’ quarters and garage with automated door.
The two-bedroom ´Amanda´ villas come on an average plot of 350sqm and a building area of 328sqm, three-bedroom ´Baliya´ villas have a plot size of 400sqm and a building area of 353sqm, while the four-bedroom ´Cataleeya´ villas sit on plots of around 700sqm and boast a build area of 612sqm. Prices start at Bt12.5 million and run up to Bt28.5 million.
As well as being sold directly from the developers, the product is also available from CB Richard Ellis, East Coast Real Estate, Jomtien Property, Oasez Real Estate and Paradise City Property. Owners acquire membership in Royal Ambassador Residents Club and participate in a one time club-raffle for a new Toyota Camry.