Elysium Residences Pratumnak – ELS05
Best Price 23,484,000THB - 360, Condominium
120.84 Sqm Penthouse 2 Bedroom with Direct Sea Views in Elysium Residences Pattaya For Sale Location: Pratumnak Hill Bedroom: 2…
120.84 Sqm Penthouse 2 Bedroom with Direct Sea Views in Elysium Residences Pattaya For Sale Location: Pratumnak Hill Bedroom: 2…
70.51 Sqm 2 Bedroom with Direct Sea Views in Elysium Residences Pattaya For Sale Location: Pratumnak Hill Bedroom: 2 Bathroom:…
*Fill In the form and we will be In touch ASAP.
Elysium Residences Pattaya is located on a prime 3 Ngan 57 Square Wah/1,428 Square Meter near beach plot of land right in the heart of Cozy Beach on Pratumnak Hill.
The project is comprised of just 75 ultra-luxurious mixed purpose residential/rental apartments ranging in size from entry level 33.30 Square Meter, studios followed by larger 56.70, 1 bedroom and even larger 123.20 Square Meter, 2 bedroom penthouse apartments spread across a single 18 story high-rise building with 2 High-speed passenger lifts. The project was completed back in 2022 by Elysium Group Co.,Ltd. and is being professionally managed by the SOBHA Hospitality Group.
Savvy investors (who decide not to use their apartments for private residential purposes) have the added option of being able to participate in the Developers 60:40 profit sharing scheme. Profit sharing participants are required to sign a 10 Year Lease Agreement with the hospitality management company, and this lease can be extended a maximum of two times in increments of ten years a piece for a maximum of 30 Years in total subject to mutual agreement by the two parties. And in so doing, earn themselves a totally hassle-free, passive income stream without any of the associated property management headaches. Obviously profit sharing participants are precluded from using their own apartments throughout the duration of the lease and in a bid to compensate them for this perceived inconvenience, the Developer in association with the property management company offer participants 14 Days Free-stay* within the project per annum. * terms and conditions apply
To avoid any misunderstandings or confusion, profit sharing participants always own their apartments under “freehold” title and the apartments are ultimately handed back to their owners to do with, as they please, once the lease has been terminated.
The project boasts an impressive array of amenities such as it’s stunning infinity-edged swimming pool, sun deck and gymnasium on the 18th Floor. Other amenities on the 18th Floor include an open-air (but covered) seating area, Male & Female change-rooms with showers and a large uni-sex sauna. The project also features an ornate “hotel-like” drop-off point together with a classically themed hotel lobby, lounge and reception desk. Last but not lease the project also features an underground car-park with capacity for 30+ vehicles, 24 Hour security and CCTV cameras.
Elysium Residences Condominium was completed in Qtr 4, 2022.