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Global Properties

1167m² Commercial property in Bang Lamung, Thailand No. 16618

$ 1 872 542
$ 1 605 per m²
1167 Living space, m²
Bang Lamung, Thailand
Parameters
Living space, m²
1167
ID
16618
Type
Commercial property
Property description
 

An exceptional commercial space designed for serviced offices, located on the Eastern Seaboard. This property offers an open floor plan spread over two floors, providing a generous 1,167 square meters of space that has been purpose-built to meet your business needs.

The commercial space is partially fitted and comes with high-quality air conditioning and infrastructure. It is ideally located in a prime location, making it a coveted place for businesses.

One of the unique selling points of this property is that it is available at below market value as a freehold, making it an excellent investment opportunity. Additionally, the property is eligible for Board of Investment (BOI) incentives.

The Eastern Seaboard is projected to be a major focal point in the coming decade, especially as the demand for quality serviced offices grows post-Covid. This property is situated in the high-quality location of Phratamnak, offering easy access to the numerous amenities of the Chonburi area.


The property holds a competitive advantage being one of the few commercial real estates of this size, and even fewer with parking and large floor plates. Plus, no other commercial space is expected to enter the market soon, further adding to its exclusivity.

Given the growing number of digital nomads needing workspace and facilities, this project can cater to this demand as currently, no such spaces exist in Chonburi or Pattaya. This presents an early mover advantage to provide Class A office facilities.

In terms of economics, the purchase price is THB55,000 per square meter, totalling THB64,200,000. 

Potential buyers can look forward to an exclusivity agreement and a provisional sale and purchase agreement, with an extended timeframe for due diligence on economics. The legal framework for ownership includes BOI options for corporate or foreign ownership, with possible tax and investment incentives.

Step into a world of unparalleled potential, the ideal place to boost your business prospects and growth."
Features
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  • Unfurnished
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