Thailand's Largest Hotel Chain and Pattaya Developer Join Forces

Top Quote Well known Pattaya Developers and Centara Hotels and Resorts launch Centara Avenue Residence and Suites. End Quote
  • (1888PressRelease) July 27, 2011 - On the 29th June 2011 at the Centara Mirage Grand Wongamat Beach, Naklua, developers Mr David Marciano and Mr Kobi Elbaz (CEO Tulip Group) along with Mr Kevin Wallace (President Centara Hotels & Resorts) held a contract signing ceremony for the Construction of Centara Avenue Residence and Suites in Central Pattaya.

    Centara Avenue Residence & Suites Pattaya will be a fantastic new development offering unbeatable value within one of Pattaya's most up and coming areas.

    Centara is the largest hotel chain in Thailand with currently a total of 57 properties, 43 of them nationwide and 14 overseas. The award winning hotel chain will occupy building H of the project and provide full project management.

    The demand for city centre homes is once more driving the market upward, and buyers will now have the security and peace of mind that their purchased properties will be under the Centara umbrella.

    In addition to the hotel management by Centara the project will also have world class facilities including 70m swimming pool covering a total area of 650M2, with water slides, pool bar, waterfalls, tropical landscaping, stunning roof gardens, sauna, steam-room, 60 M fitness room, international restaurant, and even concierge care, and will cover a land area of 6700 M2

    The most surprising thing about this project is the pricing, starting at just 1.69 Million Baht, which represents unbeatable value for a project of this stature and originality.

    Full marketing of the project will start this month, but interest and demand has naturally been high for such a prestigious secure investment, and a spokesman for Alan Bolton Property Consultants (Sole Agent) confirmed that 50 Properties had been sold in the 2 weeks since the official contract signing.

    This project yet again demonstrates that the Pattaya market is very strong and Pattaya's location to the airport and Central Bangkok as well as it huge range of activities from world class restaurants, shopping, beaches and growing infrastructure are key factors in why high profile developers continue to look for exciting new ways to deliver high quality sophisticated product to buyers both locally and internationally.

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