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Blog posts tagged in House sale

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Thinking of buying a property in Thailand

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Real Estate Specialists Thailand Co,. Ltd

Thinking of buying property in Thailand Investment property Thailand Vacation Home or permanent residence to relocate to Thailand,

One of the things we are all guilty of I think is the first thing we do is google search a particular subject, google search is a amazing tool for Knowledge and with out doubt is huge benefit BUT BUT BUT there is always people out there who will add comments without doing the research and in doing so may give unfounded opinions and sometimes I think for some underhand reasons, for example I invested for the first time in a crypto currency a couple of months ago, the I read a report on this particular crypto currency that basically it was all a scam and I would loose my initial investment, after talking with my investment broker after he pointed out a few things in the report which were totally incorrect and up to date I am still happy with my crypto currency, Don’t get me wrong I am not saying crypto currencies are good or bad the point is do not go of the first article your read and check the validity of the report by cross-referring with other reports and articles, This goes with anything we are doing research on property, investments, medical absolutely everything.

Buying selling renting property in Thailand the correct way.  Real Estate Specialists Thailand Co,. Ltd

At Real Estate Specialists Thailand, we have over 30 years’ experience in the Thailand property and Real Estate market you would think after 30 years you would know everything there is to know about Thailand Real Estate Not so, For a Example We sold a plot of land in one of the Pattaya suburbs just under a year ago, the factory my customer was planning to operate fitted all the rules and regulations at that present time. Another customer of ours was looking for a plot of land for a similar factory only 2 months ago when we found the right plot of land, when we went to the regional land office the rules had changed and now there is no more factory permits to be issued luckily we do these checks for our customers before any money is ever paid, As anywhere in the world rules regulations and laws change so due diligence should be at the fore front of any property or land transaction,  

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When planning to purchase a property in Thailand doing the research is a absolute must before purchasing a Thailand property and finalizing the property sale transfer and payment.

In many instances None Thai nationals may think the process is simple and straight forward, which the actual transfer of ownership rom the seller to the buyer is simple and straightforward and as long as you know the procedure there will be no problems, but there are many things to take into account before going ahead and using the knowledge of a reputable Thailand property agent or property broker, Real Estate Specialists Thailand Co,. Ltd are not the only reputable Property brokers there are many reputable ones, we do off a very honest and unbiased opinion and guide people in the right direction, if we feel that the best course of action is to find a quality lawyer or solicitor then we have people we can recommend sometime in certain instances it is advisable but not always necessary.

We are now based in the Jomtien area of Pattaya city located in the Jomtien complex very easy to find only a few minutes’ walk from Jomtien beach, so look us up if you are in The Pattaya or Jomtien area advice is free and no obligation, some of the areas we now cover are Central Pattaya, South Pattaya, North Pattaya and east Pattaya obviously Jomtien beach properties Mabprachan lake properties the moving down the coast to Na Jomtien Baan Ampur, Huy Yai, Bangsaray and Sattahip Contact R.E.S.T PROPERTY

Some things to take into account when Buying a property in Thailand and my focus of Pattaya and the Pattaya suburbs;

What are your options to own condominiums Thailand?

Buying a condominium in Pattaya or Jomtien

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(1a) In Thailand and in particular the Pattaya Real Estate Market and the Jomtien Real Estate market mainly because of the amount of condominiums available for sale new Pattaya projects and established condominium projects, condominiums are a more viable proposition, also the most common way and easiest way to own Pattaya property in your own name 100%, None Thai nationals are unable to purchase and own land in their own name Buying condominium

(2a) at the present time condominium projects are set at a 49 percent foreign ownership 51 percent owned by Thai nationals, if you have a Thai Registered company formation you may buy in the Thai quota in your company name, slight benefit in this is that the Thai quota is normally cheaper than the Foreign ownership quota,

(3a) big benefit for condominiums is that you have no external property maintenance to pay for as this is taken out of the yearly maintenance fees also known as body corporate fees in other parts of the world and these fees are a lot cheaper comparing with other countries.

Buying a house in Pattaya or Jomtien

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When I say buying a house in Jomtien this is only as this is my point of interest in the Thailand Real Estate Market generally rules and regulations are the same in all the Thailand provinces,

(1b) you will have probably read many times before that None Thai nationals are prohibited from owning land, this is true we hear many times that the government are going to Relax this law but it never seems to happen, I for one cannot see this changing in the near future to allow None Thais (Falangs) to own land.

(1b) as in the condominiums in Thai name if you have a Thai registered company you may buy land through your registered Thai company so basically you are the director of the company and the company owns the land, don’t forget the company has to be a Thai registered company not a foreign company.

(2b) if you do not have a Thai company then you may take a 30-year lease on land which will be registered at the Regional Land office

(3b) if you are married to a Thai National your spouse may own the land, but must declare that the land is purchased and paid for by your spouse, the spouse can then manage the land as they wish without seeking approval from you, once the spouse has purchased the land then you may draw up a 30 year lease agreement, advisable to get a Thai Lawyer to draft the lease agreement to protect both parties.

(3b) Now the land issue is covered now  the house, first thing advisable to do is decide do you want to live on a secure Gated Pattaya Village or buy a Pattaya Standalone house,House on secure Village there are benefits to both in my opinion, gated community will have communal facilities IE Communal swimming pool, 24 hour security maybe communal garden areas, but for this privilege you will have a Yearly Village maintenance fee to pay,  Stand alone house you tend to get  bigger land area for your money no Village maintenance fees, there will not be community security Pattaya Jomtien well most areas of Thailand are safe and secure and with all the new technology you can have a very good personal house security system fitted or a big dog works ?Bangsaray house 30 million home23

Call Barry (English) +66(0) 899333583   Email Click here

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Why should i buy a condominium or house In Pattaya?????

Why should i buy a condominium or house In Pattaya?????

Thinking of buying a Thailand Condominium or house as a second home, Investment property, permanent residence, or retirement home, as everyone knows in Real estate purchases we say Location Location Location and that location is different to us all,

Condominium with beach view the most important to some a Condominium with Mountain views to others will be more important you alone can make the decision, if like many before you have decided that amazing Thailand is the country for your property purchase condominium or pool villa maybe,  the next step is where and which city or province is your preferred choice, there are so many options  with in Thailand, Bangkok city of angels, Phuket / Krabi with amazing beaches and scenery as good as anywhere in the world.

Chang Mai with some of the most scenic mountain ranges with some of the best biking trails to be found.

Koh Samui small but as they say big things come in small packages, the natural parks and reservations and coast line is a true amazement or Pattaya the vibrant city on the beach,

Here are a few reasons I decided to settle in Pattaya after living 3 years in Phuket, 2 years in Koh Samui and 1 year in Bangkok all have many positives but sadly a lot more negatives from my point of view for long term living.

Have a read and I would love to listen to your opinion and comments. I do not like to spend much time talking about the negative points, negative points for me maybe positive points for others and who am I to say.

  1. The well established infrastructure that Pattaya has to offer to new home owners or condominium buyers is the first thing, the infrastructure may not be the first thing that comes into your mind especially coming from the western developed countries as the creature comforts are to be expected, could you actually imagine life with out stable internet, Transport links and Highways within Thailand and all the provinces, or only living on Thai food ( in my opinion the best cuisine in the world but still like roast dinner from time to time) some parts of Thailand still have very basic restaurant’s without the foreign influence, medical care it is a nice thought to know that on your doorstep there are many international Standard Hospital’s   as good as anything in the western world, and education if you have children this has to be a major thought in your decision making, Pattaya has some amazinginternational schools offering some of the very best education.

So, if you are planning on relocating Pattaya has all the above in a abundance it is all here in Pattaya city.

(2)

Pattaya Populated but not Over Populated

There is no doubt that Pattaya has so many attractions not just the Pattaya night life of Pattaya beach road and the famous Walking street but Many other attractions that attract visitors either as tourists or long term stayers, So the question is answered quite simply over populated and to busy NO, Pattaya city is none stop practically 24 hours a day, Now with the infrastructure that has been dramatically improved over the last few years with new roadways, Highways, Tunnel and now the proposed high speed rail link, Pattaya city has now regenerated and improved a lot of the Suburbs, so if Pattaya is a bit to hectic and crowded for you to live here then now you can move to some of the much quitter suburbs areas that are now just minutes away by car or Taxi areas such as Naklua &  Wongamat  Beach the famous Pratamank hill renowned for the quietness with the Buddha Hill being located there and the Thai Royal Family having a residence there very clean and safe Family area, Not to forget East Pattaya growing in popularity with many expats who purchase a house on one of the many villages that have been built for privately owned properties to be purchased or rented on long term stays, other areas that are easily accessible to Pattaya city are ,Mabprachan lake area, Huay Yai, Silver lake, Baan Ampur, Na Jomtien  and one of my personal favorites retreats the sleepy Fishing Village of Bangsaray, some of the most scenic beach coastline, picturesque area if the budget is there to buy a beach front Villa, out of all the areas we have discussed Bangsaray is probably the furthest from Pattaya city yet still under 30 minutes’ Drive,  Are all of these options available to you in a city  such as Bangkok? I do not think so;

 

 

  1. Pattaya Booming or on the decline

This is a easy question is Pattaya Booming: YES: all you have to do is drive around Pattaya City the first thing you will notice is the traffic and the tour busses, Shopping malls existing such as Royal Garden Plaza, Mikes and Central Festival and the new Shopping Mall to open soon Terminal 21, expected cost of the build of Terminal 21 Pattaya is 7.5 billion THB with  early 2019 as expected opening date as I understand, so if a company is willing to invest 7.5 billion thb, and the latest high rise condominium luxury top end 5 star condominium to be built  The Edge Pattaya which is  is under construction by the Sansiri group. If you would like to learn more about the edge please Rest-property The Edge

Would you say that Pattaya was a area on the up or on the decline????  

  1. Thailand Pattaya Stable property market?

The Pattaya property market is relatively stable when you compare with some of the western countries with property prices gradually increasing, when you compare with a lot of western countries this should give you a certain level of confidence in the Pattaya property market, even when there has been a down time in the Pattaya property market the property prices no matter if buying or selling condominiums or buying or selling Houses the actual purchase price has never plummeted, in my experience the worst case scenario has been that the property prices have just stayed the same no increase in house prices or decrease in house prices for a short period of time,

This makes the time for the Pattaya property market shorter to rebound and prices to start to increase.

This is a period of time globally that the property market is just starting to comeback where as the property market in Pattaya is still flying along, with many new projects being released some luxury high end condominiums have just been released  in Pattaya and Jomtien, says a lot about the Pattaya property market when you look at the quality being built, the market before was for the smaller budget condominiums for sale now it has changed, not so many of the small budget condominium’s being built but more of the middle to high end condominiums being released and under construction.

New Modern Pattaya  Pool villas for sale on secure project complexes are on the increase, House sales of new and existing homes is also increasing, the local developers have truly upped there game now there are many different styles of houses for sale Thai Bali, Modern European Style , Traditional Thai Style houses many options available as the Pattaya property market offers the options that you desire with also the House for sale Price range something to fit all budgets affordable to the luxury pool villas and homes, when you compare what you can get here compared to the western world, for example modern Style 3 bedroom fully fitted and furnished with private swimming pool under 5 minutes to the beach 4,500,000thb Modern 3 bedroom villa  

or would you prefer exclusive a more exclusive Villa

  1. There is little doubt that Pattaya and the surrounding suburbs have plenty to offer everyone Young or old.  After all, if you are going somewhere for a vacation or you are actually buying a property to live here you don’t want to be bored do you, Pattaya caters for every taste. If you are sports minded the golf in the region is undoubtably a golfing mecca with over 16 international golf courses water sports every type you can think off, excellent beaches close by and of course all the famous nightlife that Pattaya is famous for Pattaya beach road nigh life Pattaya walking street truly amazing, you could not ever wish for more. For the younger people also, many things to do in Pattaya, water Parks, Movie theaters, Bowling, Museum, Go Carting,   No matter how long you stay, you can be certain you won’t get bored young or old Pattaya is a place that you can enjoy,  life the quite peaceful Pattaya suburbs or live in central Pattaya and enjoy all the nightlife, with all the infrastructure improvements to the Pattaya Area and suburbs traveling is quick safe and efficient so live anywhere and still be able to enjoy all of the attraction’s that are available.  

  1. Is Pattaya City Close everywhere?

Pattaya is a city with which all the infrastructure has changed dramatically over the last few years with new Highways connecting all the local areas beach areas such as Wongamat beach, Jomtien beach, Dongtan beach, Baan Ampur beach and the ever-popular fishing village of Bangsaray all easily accessible with very good connecting road ways, Thailand’s capital city Bangkok and the Bangkok international airport is 90 minutes’ drive with direct access to the motorway, the old Domestic airport Utapo has undergone a major face lift and upgrade to Full international airport and now renamed Utapo Rayong international, Many airlines are now using this local airport for international arrivals and departures soon we will all be able to fly in and out of this airport with out the need to travel to Bangkok, Utapo airport is around 30 minutes from Central Pattaya New International airport Utapo Rayong  

why would anyone wish to live anywhere else Than Pattaya city or the Pattaya Suburbs?

I Hope this has been informative if you do have any questions regarding the Pattaya area and the suburbs please feel free to contact Real Estate Specialists Thailand (R.E.S.T)  Click here

Summary Why should i buy a condominium or house In Pattaya????? Property prices are varied and if you look hard enough and use a reputable agency to assist with your search you should be able to buy a condominium or buy a house in the budget you have set for the purchase of a Pattaya property. Remember get your agent to give you a detailed insight into the area that you are thinking of investing in a property no mater if It is a budget condominium or a luxury pool villa, if you are using a reputable agency they will take time and be diligent spending a little time and effort will get that ideal property and you will be a Pattaya resident / Pattaya expat for many years to come.

We enjoy interaction so please contact any time for a chat or if you are in the Pattaya Jomtien area look us up in The Jomtien complex R.E.S.T office is conveniently located between The Agate Hotel   http://www.theagatepattaya.com/

and the Thai Blind Massage institute highly recommended for one of the finest therapeutic Thai Massages in the area Thai blind Massage review  

Good luck in any of your searches for Property in Pattaya Thailand or any of the Pattaya suburbs, please be diligent in your condominium purchase or your house purchase and if you ever require the services of Real Estate Specialists Thailand or you just require another unbiased opinion on your proposed purchase we will be more than Happy to assist if we can be of assistance on any topic to do with Pattaya and the  Pattaya suburbs or Pattaya real estate houses condominium pool villas sales or rentals we always offer a unbiased and professional service at  Real Estate Specialists Thailand

https://realestatespecialiststhailand.com/

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