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Who Is The Right Developer for You?

Many tourists who visit Pattaya fall in love with this vibrant city and see that there are many condominiums and villas available to purchase for very reasonable money. But how do you choose the right developer?

Here’s a list of important questions that you need to ask yourself before looking at what the different developers have to offer;

• How much do you want to spend?

• Are you looking for a Condo, House or Pool Villa?

• Location – Are you looking for a sea side location? Are you looking for nearby schools for your children? Do you want to be in the city, by the beach or in a quiet residential area?

• Do you want to buy in foreign name, Thai name, Thai Company Name or do you wish to have a long term lease?

• Do you want to buy off plan or buy a property that is already complete with title deeds available?

• Do you want to design your own home with the help of a developer/construction company?

• Do you want to buy to live in, to rent out or are you simply looking to purchase for investment?

• Do you need wheel chair access? Do you require a lift rather than stairs, or do you simply want a condo on the ground floor or on the 26th floor with sea views?

As you can see, there are many things to consider before purchasing a property and this list covers many, but not all. You have to start with a budget in mind for sure, this is a major decision making factor. Then the type of property you want. Many developers in Thailand and Pattaya specialise in either building houses, villas or condos. There are both Thai and foreign development companies operating here that have had good success, and those that have not.

In and around Pattaya there are many condo developments under way within the city and on beach locations. Pratumnak Hill, Jomtien and Wongamat are prime loctions to name but a few!

When buying an off plan condo it is strongly advised to only buy from an established company that has a track record of completing their projects. Due diligence is the name of the game, an hour or two’s on line research will reveal all the pros and cons about the developer you’re considering to buy from. Why buy off plan? Normally the answer is simple, if you buy during construction or even before the project has broken ground, unit prices are cheaper than when completed. If you are not in a hurry to move in or sell for profit, off plan condo and housing can be a good option.

Buying in foreign name, Thai name, Thai Company Name or buying to lease or rent… The options can be a little confusing at first. To simplify, 49% of a condominium units can be owned in a foreign name, i.e. Non-Thai. The remaining 51% of the units can be sold in Thai name, sold to a Thai registered company, which can have a foreign controlling Director or can be leased from the Thai registered construction company/developer. Leases are for 30 years and renewable.

When buying a house foreigners cannot own land in Thailand, with a few exceptions. Both good condo and villa/house developers will advise you on all options available to you. Again, internet research is a must for any housing or pool villa development company. A good company track record with lots of completed projects over many years always promotes confidence!

If you are looking to purchase a property for investment purposes and do not intend to live in it, the best option is to by a condo with guaranteed rental return.
A few companies in Pattaya offer 5 and 10 year deals that guarantee 7 – 10% annual return on your investment, one company is offering 20 year deals with guaranteed buy back options on 2 specialist projects!

Ownership options include foreign ownership, in Thai name, in Thai company name and lease hold.

Location is a big part of a property purchase decision, once the budget is decided it’s often the second or third most important factor, but for some people its number one! If you are buying to invest and the developer offer guaranteed rental return based on running your condo as a part of a hotel, a good location is also important, but not so critical if they have good tour operators working for them!

Who can help you find what you are looking for? A reputable Real Estate Agent can! It’s why they earn a good % commission on a sale, it’s their job to guide you in making the right decision in what you buy ultimately. It’s probably best to buy from an independent Agent when looking to buy an off plan or investment property for the simple reason that they will show you a full range of developers units on offer, not just from one company, unless they feel what they are showing is the from best developer that meets your needs.

In conclusion, the right developer for you is one that offers what you’re looking for, within your budget, with the right location and with the right type of ownership and living or guaranteed rental arrangement. Online research by yourself or with help from a friend who isn’t making a % from the deal is of paramount importance.

You can organise all the paperwork and completion of legal documents yourself, but it is recommended to employ a highly reputable lawyer and Real Estate Agent to take care of this for you.

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WALKING STREET PATTAYA BUSINESSES

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WALKING STREET PATTAYA

Walking Street Pattaya is the unrivalled epicentre of Pattaya’s nightlife, packed with hundreds of neon-lit bars, nightclubs and strip joints, or more commonly known in Pattaya as Agogo bars! . A trip down Walking Street is an experience you won’t forget in a hurry!

Come nightfall, Walking Street is closed to vehicles (6pm to 2am), This is when the floods of wide eyed young lads, veteran expats and Chinese tour groups come out to play.

What To Do!

Just hop on a taxi and get stuck in to Walking Street Pattaya!. If you want to ease yourself in before the inevitable carnage, Walking Street has a number of places to eat. From Seafood to Italian, Street food and fine dinning, the choice yours. Walking street provides a wealth of international eateries and drinking spots to satisfy your cravings.

There are many live music venues, sports bars and many other forms of entertainment to keep you busy. If you enjoy a spot of people watching, the beer bars in Walking Street are a great place to sit back and watch the world go by (you see some truly astonishing sights). You can sit for hours watching this street come to life as it fills with the nights patrons.

Highlights

Some of Walking Streets best highlights are the Agogo Bars. Popular examples would be Dollhouse Agogo, Electric Blue, Windmill Agogo, Infinity, Glass House Agogo and too many more to mention! There

If you’ve never been to an Agogo bar before, Walking Street is a good place to start. The greeting is always a friendly one and the beer is relatively cheap. Please note: Booze prices can vary wildly on Walking Street so remember to ask if they have deals on certain beers to avoid a shock when you receive your bill.

Walking Street Pattaya also boasts a number of top class nightclubs such as i-Bar, Insomnia, 808 and Lucifer which LOVEPATTAYA think are well worth checking out.

Stay Safe

An important landmark to note is the tourist police station on the entrance to Walking Street. If you have lost something or someone or you feel something dodgy may have gone down. Just head over and have a chat with the guys. They speak many languages, so you should be able to get your problem resolved.

Our Listings

Take some time to look through our Walking Street Pattaya listings. The bars are updated regularly so check back to see what’s new.

LOVEPATTAYAs relationship with Walking Street is a tight one. We’ve had our ups and downs but we have always come back wanting more.

Check out our Walking Street Pattaya Video on Youtube and subscribe to our YouTube channel! Thanks Guys

WALKING STREET PATTAYA VIDEO'S

WALKING STREET PATTAYA BUSINESSES

ETA-Banner
ETA-Banner

WALKING STREET PATTAYA

Walking Street Pattaya is the unrivalled epicentre of Pattaya’s nightlife, packed with hundreds of neon-lit bars, nightclubs and strip joints, or more commonly known in Pattaya as Agogo bars! . A trip down Walking Street is an experience you won’t forget in a hurry!

Come nightfall, Walking Street is closed to vehicles (6pm to 2am), This is when the floods of wide eyed young lads, veteran expats and Chinese tour groups come out to play.

What To Do!

Just hop on a taxi and get stuck in to Walking Street Pattaya!. If you want to ease yourself in before the inevitable carnage, Walking Street has a number of places to eat. From Seafood to Italian, Street food and fine dinning, the choice yours. Walking street provides a wealth of international eateries and drinking spots to satisfy your cravings.

There are many live music venues, sports bars and many other forms of entertainment to keep you busy. If you enjoy a spot of people watching, the beer bars in Walking Street are a great place to sit back and watch the world go by (you see some truly astonishing sights). You can sit for hours watching this street come to life as it fills with the nights patrons.

Highlights

Some of Walking Streets best highlights are the Agogo Bars. Popular examples would be Dollhouse Agogo, Electric Blue, Windmill Agogo, Infinity, Glass House Agogo and too many more to mention! There

If you’ve never been to an Agogo bar before, Walking Street is a good place to start. The greeting is always a friendly one and the beer is relatively cheap. Please note: Booze prices can vary wildly on Walking Street so remember to ask if they have deals on certain beers to avoid a shock when you receive your bill.

Walking Street Pattaya also boasts a number of top class nightclubs such as i-Bar, Insomnia, 808 and Lucifer which LOVEPATTAYA think are well worth checking out.

Stay Safe

An important landmark to note is the tourist police station on the entrance to Walking Street. If you have lost something or someone or you feel something dodgy may have gone down. Just head over and have a chat with the guys. They speak many languages, so you should be able to get your problem resolved.

Our Listings

Take some time to look through our Walking Street Pattaya listings. The bars are updated regularly so check back to see what’s new.

LOVEPATTAYAs relationship with Walking Street is a tight one. We’ve had our ups and downs but we have always come back wanting more.

Check out our Walking Street Pattaya Video on Youtube and subscribe to our YouTube channel! Thanks Guys

WALKING STREET PATTAYA VIDEO'S

WALKING STREET PATTAYA BUSINESSES

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