Pattaya offers many condominiums which can be rented and / or purchased. There are several reasons why foreigners buy condos in Pattaya, yet the main reason is because foreigners can not own land. Owning a condominium is the only way to own real estate in Thailand up to this point in time.
Location, Location, Location
Like with any Real estate purchase the main value is in the location of the condo no matter where one chooses to buy real estate. The closer the condo is located to the sea, and the more breathtaking the view, the higher the purchase price. Most people think that condominiums with sea view are extremely pricey but that is not necessarily true in Pattaya.
There are condominiums for sale under under one million Baht or around $ 30,000 depending on the exchange rate at the time of purchase. For a Condo close to the beach in an exotic location like Pattaya, that is not a lot of money. Thailand is a very attractive option for retirees because of the low cost of housing and living.
Monthly rent for newly updated, fully furnished, one million Baht Condominium in Pattaya starting at around 10,000-12,000 Baht, which makes it attractive for investors as well. Renting a condo in Pattaya is a great option for people who are not sure if they want to buy.
Condominiums usually offer the convenience of a modern building in close proximity to shopping and services. Amenities and low maintenance make condos the number one choice for people who do not want to have to deal maintenance that comes with owning a house.
Amenities In Condominium Complexes Might Include:
- Health club facilities or Gym
- Garages and / or parking
- Community centers
- Swimming pools
- 24/7 security
- Party rooms
Even for tourists coming to Pattaya for more than a month, renting a condo may be a great alternative compared to staying in a hotel. Not only is staying in a Hotel usually more expensive than staying in a condo but living in a condominium complex is also a great opportunity to meet other people who may be retirees or long term residents.
Most Condo Complexes Offer:
- Attorney and translation services
- Convenience stores
- Laundry services
- Massage parlors
- Maid services
- Car rentals
Live in a condo next time you visit Pattaya and get to know a different side of the city. Away from the hustle and bustle yet close to everything.