Tag Archives: Thailand

The Legend Pratumnak Hill

The property is far more than just another Pratumnak Hill property development. The location of the development plays a key role in building a niche market for this product. The project backs into the queen sirikit national park on its eastern border, offering guaranteed sea views over the bay for the foreseeable future. On the north border of the land is The Royal Cliff, Pattaya's oldest and most well maintained 5 star hotel. Although there is much to love here, The Legend may not be right for everyone.

Contrary to the local trend favoring growth in smaller investment style condos (35-50 Sq. M) We expect very strong values in this development for larger sized units in Foreign ownership . The Legends appeal towards expats is undeniable due to the buildings 'off the grid' location and secluded surroundings. Furthermore, sales trends already show that buyers are favoring larger sized units in Foreign title because of the developments wide selection of unique unit styles and leverage-friendly financing.

'Buy-and-Flip' style investors will also do well here with proper unit selection and early purchasing. We feel that buyers looking for high rental returns on smaller sized units will do better at projects with better accessibility to public transport better exposure and easier access to entertainment and dining (see 'The Cliff' and 'The Vision'). Because of its location, it will has already been a huge hit with the expat scene – We expect a lower than average rental population in this building, but a very high population of fullpart time western expats looking to affordably escape the grind of the city life while still being close to all things Pattaya.