Waterfront Pattaya.

Location

• Pattaya’s premier location

• Set against the scenic wooded backdrop of Pratunak Hill (the

city’s most famous temple) and just over 100meters from the
ocean’s edge

• Adjacent to Bali Hai Pier, Pattaya City, Chonburi, Thailand

• Absolute waterfront, enjoying stunning view of the Bay of

Pattaya, islands and city skyline

• 150 meters from the entrance to the world famous Walking

Street

• Surrounded by high class restaurants and entertainment

venues

• Unparalleled convenience for high-class retail outlets,

internationally renowned hospitals and schools.

• 30 Championship golf courses within a 1 hour drive

• Some of the world’s finest sailing and water sport conditions

• Just 1 hour’s drive from Savurnabhumi International Airport

• Just 30 minutes drive from U-Tapao Airport

The Building

• 53 storey building by leading edge international design team

• Every unit has an unbroken ocean view from every floor

• 14 storey high sky-window with terrace pool

• 6-star residential living from THB 5,643,000, Euro 117,000, US$

171,000

• 315 units from 54m2 studios to penthouses in excess of 350m2

• Facilities include
 1. Terrace pool on the 4th floor with pool bar

2. External pool surrounded by lush landscaping

3. Outdoor entertainment area

4. Residents barbeque

5. Climbing wall

6. Jogging track

7. Private speed boat exclusively for the use of residents

8. Daily shuttle service to our private beach and surrounding

islands

9. World class gymnasium

10. Spa, Sauna, treatment rooms

11. Hi- tech golf simulator

12. Games room including snooker etc

13. Squash court

14. Coffee shop

15. Cocktail bar

16. Business center including wi-fi areas

17. Key card access to elevators and residential floors

18. On site secure parking

19. Full on-site CCTV coverage

20. Full time trained and uniformed security team

21. Highly trained professional management team

Interior specification
 • Floor to ceiling glass windows / doors in all units offering
uninterrupted views

• Full state of the art security system

• Ceramic tiled floors with optional wood or, marble

• Wood laminate flooring available in living area and bedrooms

• Leading imported European kitchens

• Corian work surfaces

• Leading European appliances

• Imported high-end designer sanitary ware and fittings

• Rain water showers with high pressure water supply

• Glass shower units

• Built in wardrobes to master bedroom

• Central air conditioning system

• European style electrical outlets and switches

• All units are wired for cable and satellite TV, internet and
direct phone

• Direct lobby to unit phone system utilizing a dedicated in-

house TV channel

*Options

• Individualized lighting and sound system packages

• Built- in audio-visual display units

• Designer furniture package from some of the world’s most

prestigious design houses

• Mid range furniture packages

 • Wood and marble flooring

• Up-graded kitchen appliance packages

• Remote controlled blinds and curtains

*Options are price on request only. Specification is based on

availability. The developer reserves the right to change
specification without notice

Investment potential

• Waterfront is a joint venture project between Bali Hai Company

an Elran Real Estate, one of Israel’s most experienced and
reputable real estate businesses. Elran has extensive
international assets principally in Eastern Europe including
Russia

• Independent consultant reports state that the likely rental yield

should be in the range of 10 – 13%

• Capital growth in the best projects in Thailand achieve typically

30-50%

Legal

• Purchase of property in Thailand through a Thai Registered

Company or, by 3 x 30 year lease is well established.

Thai Company

The foreigner is allocated 39% of the shares. On the day of company

registration the qualified Thai shareholders transfer all voting rights
to the foreign shareholder. The share transfers are signed but not
dated. The foreigner enjoys complete legal freedom to sell, lease or
rent the property. There are no on-going payments to the Thai
shareholders. Under current Thai law, share transfers are not subject
to Capital Gains Tax (profit on sale).
Costs of setting up a Thai registered company are approximately THB
30 – 35,000.

Annual accounting costs including Company Tax are approximately

THB 15 -20,000

In excess of 60% of all property transactions completed in Thailand

are via Company.

Lease

Under the current Lease laws of Thailand it is possible for a foreigner

to sign a Lease giving exclusive use of land and or, property for a
period of 30 years. This period is renewable for potentially 2 further
periods of 30 years = Total 90 years.

This is currently under International Law the safest approach to

acquisition of property in Thailand. The lease period is currently under
review by the Thai government with commentators expecting either
extended lease periods i.e. 50 years renewable or, even Perpetual
Leasing.

It is important therefore, that purchasers have a “convertible” clause

written into the contract which facilitates transfer into any new
leasing format.