Blog posts tagged with 'pattaya thailand'

Are you dreaming of owning a piece of paradise in Thailand while enjoying high rental yields and returns? Look no further than Pattaya, a tropical haven that offers not only stunning landscapes but also incredible investment opportunities. In this blog post, we'll explore why Pattaya is the perfect place to invest in real estate, and how Cornerstone Real Estate Pattaya can help turn your dreams into reality.

Pattaya: A Haven for Real Estate Investment

1. High Rental Yields: Pattaya's thriving tourism industry and growing expatriate community create a consistent demand for rental properties. Whether you invest in beachfront condos or city-center apartments, you can expect impressive rental yields year-round.

2. Capital Appreciation: Over the years, Pattaya's real estate market has shown steady growth, making it an excellent choice for capital appreciation. As the city continues to develop and attract more tourists and expats, property values are expected to rise.

3. Diverse Investment Options: Whether you're interested in luxury condos, vacation homes, or properties for long-term rentals, Pattaya offers a diverse range of real estate investment opportunities to suit your preferences and budget.

4. Strong Tourism: Pattaya's allure as a top tourist destination ensures a consistent stream of visitors throughout the year. This is great news for property investors looking to generate rental income.

Cornerstone Real Estate Pattaya: Your Trusted Partner

Investing in a foreign real estate market can be daunting, but that's where Cornerstone Real Estate Pattaya comes in. Here's how we can help you achieve your investment goals:

1. Expertise: With years of experience in the Pattaya real estate market, our team of experts is well-versed in local property trends, regulations, and investment strategies. We provide you with valuable insights to make informed decisions.

2. Exclusive Property Listings: We offer a wide selection of exclusive properties, ranging from luxury beachfront condos to affordable city-center apartments. Our listings are carefully curated to ensure you have access to the best investment options.

3. Professional Guidance: Our dedicated agents guide you through every step of the investment process. From property selection and due diligence to negotiations and legal matters, we provide comprehensive support.

4. Maximized Returns: Our focus is on helping you achieve the highest possible rental yields and returns on your investment. We analyze market data and rental trends to optimize your property's performance.

5. Satisfied Clients: At Cornerstone Real Estate Pattaya, client satisfaction is our top priority. Many landlords who have partnered with us to buy and manage their properties have been so pleased with our performance that they've taken the time to leave 5-star reviews on our website and Trustpilot.

Trust Cornerstone Real Estate Pattaya to Make Your Dreams a Reality

Investing in Pattaya real estate is not just a financial opportunity; it's a chance to own a slice of tropical paradise while enjoying impressive returns on your investment. With Cornerstone Real Estate Pattaya as your trusted partner, you can navigate the market with confidence, access exclusive listings, and tap into the expertise of our dedicated team.

Don't just take our word for it; read the glowing reviews from satisfied clients who have turned their real estate dreams into reality with Cornerstone Real Estate Pattaya. Join the ranks of successful investors who have discovered the potential of Pattaya's real estate market, and let us help you embark on a journey towards financial success and a piece of Thai paradise.

Invest wisely, invest with Cornerstone Real Estate Pattaya, and make your investment dreams a reality today!

Pattaya, Thailand – a name synonymous with stunning beaches, a vibrant city center, and a thriving expat community. This coastal gem has long been a popular destination for tourists and expatriates alike. But what if you could make it your permanent home? In this blog post, we'll dive into the beauty of Pattaya, the ease of buying property as a foreigner, and the convenient amenities that make this location perfect for international living.

The Beauty of Pattaya

Beaches That Take Your Breath Away: Pattaya boasts some of the most beautiful beaches in Thailand. The crescent-shaped Pattaya Beach, with its golden sands and clear blue waters, is a sight to behold. The nearby Jomtien Beach offers a more relaxed atmosphere, perfect for sunbathing and water sports. If you're a fan of pristine, untouched beaches, a short drive away, you'll find serene spots like Wong Amat Beach and Naklua Beach.

Vibrant City Center: Beyond the beaches, Pattaya's city center is a bustling hub of activity. From lively markets to world-class dining and nightlife, the city caters to all tastes and preferences. Stroll along the vibrant Walking Street or explore the local markets for unique souvenirs and delicious street food. The nightlife is electrifying, with bars, clubs, and entertainment venues to suit every mood.

Buying Property in Pattaya: Foreigner-Friendly

One of the most appealing aspects of purchasing property in Pattaya as a foreigner is the straightforward process. Here's a brief overview of how it works:

1. Condominium Ownership: Foreigners can own a condominium in their own name without restrictions, thanks to Thailand's Condominium Act. This means you can enjoy full ownership rights, just like a Thai citizen, making condos an attractive option for expatriates.

2. Legal Assistance: To navigate the property buying process smoothly, it's advisable to advice from a qualified real estate agent, such as Cornerstone Real Estate who have over 18 years Pattaya Property experience, and who specializes in real estate transactions in Pattaya, Thailand. They can guide you through the legal requirements and ensure a hassle-free purchase.

3. Due Diligence: Before buying any property, conduct thorough due diligence. This includes checking the developer's reputation, verifying the property's title deed, and understanding the terms of the sale. Again with their experience, Cornerstone Real Estate can take you through all steps and show you how, and what they do for you.

4. Financing Options: While foreigners can own property, they often cannot get a mortgage in Thailand. Many expats choose to purchase properties with cash or explore alternative financing options.

Convenience for International Living

Pattaya's allure extends beyond its natural beauty and foreigner-friendly property laws. The city offers a range of conveniences for international residents:

1. International Schools: Pattaya is home to several reputable international schools, making it an ideal choice for families. Schools like Regents International School Pattaya and Tara Pattana International School offer a world-class education for expat children.

2. Golfing Paradise: Golf enthusiasts will be delighted by the world-class golf courses in the area. Pattaya boasts some of Thailand's best golf clubs, including Siam Country Club, Laem Chabang International Country Club, and Phoenix Gold Golf & Country Club.

3. Excellent Connectivity: Pattaya's location along the Gulf of Thailand provides easy access to various parts of the country. The city is just a short drive from the capital, Bangkok, and the recently expanded U-Tapao International Airport makes international travel more convenient than ever.

In conclusion, Pattaya, Thailand, offers not only stunning beaches and a lively city center but also a welcoming environment for foreigners to buy property. With the ability to own a condominium in your own name and a range of amenities like international schools, golf courses, and excellent connectivity, Pattaya is an ideal destination for those seeking the perfect blend of natural beauty, convenience, and a vibrant expat community. Consider making Pattaya your home, and experience the best that Thailand has to offer.

Thailand’s Gulf really does boast some of the best sailing conditions in the country. Supported by optimal winds conditions, some truly breathtaking islands, crystal clear waters, and fantastic weather almost all year round.

The Ocean Marina Yacht Club Pattaya is located on a glorious stretch of coastline, and just 12 kilometres from Central Pattaya. It stands as one of Asia’s largest marinas, one of the few that offers full facilities for yachts.

Ocean Marina Yacht Club Pattaya is Thailand's first unique marina lifestyle complex, renowned as one of the best marina-front leisure destinations and the biggest marina in Asia.

Ocean Marina Yacht Club Pattaya offer over 380 superior quality, modern floating berths which have been designed for all types of boats, from day runabouts, to super yachts of up to 215 feet.

Either side of the marina are some beautiful stretches of sandy beaches and some superb beachfront restaurants and bars. Fresh seafood & cocktails whilst soaking in the views.

The latest extensions to the Bangkok/Pattaya motorway have meant that there is now an exit directly opposite Marina. It is now possible for Bangkok luxury yacht owners to leave their home in the capital and be sailing with the wind in their hair in less than 2 hours!

When considering air travel, U-Tapao airport is just 25 kilometers further South from the Ocean Marina Yacht Club Pattaya and is the perfect landing pad for all international sailors, and enthusiasts who arrive to participate, or watch the various sailing events and shows. These are hosted regularly and attract large crowds throughout the weekends.

Build wealth overseas easily.

Pattaya has easily become one of the most favoured places for foreigners from Western countries to retire, and the worlds capital party town.

Pattaya City has become one of the biggest cities in Thailand, and seen a wide range of changes to the property market, and tourism sector during these times.

Future
Pattaya City offers easy direct access from the International Suvarnabhumi Airport via the Bangkok-Pattaya motorway. Also, there are convenient access routes to the Eastern Seaboard estates, and now parts of Eastern Pattaya are right in the heart of the new “Eastern Economic Corridor” infrastructure projects. These upgrades will see the local (U-Tapao) airport become Thailand’s 3rd busiest International airport and develop a national maintenance center to oversee commercial repair and overhaul services, and an aviation training center. Along with this the long time promised High Speed Rail Link that will join Bangkok with Pattaya, this city shall quickly grow in interest and thus property values shall rise accordingly.

Lifestyle
The retirement and family Ex Pat market sees Pattaya City as a more attractive location to the capital (Bangkok) as it offers far less traffic congestion and air pollution, a more relaxed and healthier lifestyle with clean fresh air, lovely beaches, and a large choice of world class golf courses.

Also, on the doorstep are a good selection wide range of Thai & Western restaurants (many with children’s playground), plus lots of family activities, lakes and tourist attractions.
Add to this the excellent choice of International schools and The Asian University, this whole area supports every family’s requirements.

History
Pattaya City covers a large territory and was predominantly a seaside location, with multiple smaller beaches creating individual areas such as Wongamat, Jomtien and Pratumnak. Now the city limits stretch 20kms south along the coastline to Baan Ampur and Bang Saray, plus 20kms east to include the residential housing market, employees from the ever-expanding Eastern Seaboard and the Western Ex Pat community.

Throughout the years, Pattaya has continued to grow even during the U.S and European economy crisis of 2008, and the Russian Ruble crash of 2014. Compared to prices in Bangkok with its daily congestion, or the premium islands such as Phuket or Koh Samui, Pattaya City still has an excellent array of properties to suit every budget and purpose.

Condominium Choices
There is now a good choice of condominium style available throughout the city. There are the obvious high-rise towers which span the Pattaya coastline from Wongamat beach all the way to Bang Saray beach around 35kms south of Pattaya City. These tall skyscrapers boast some incredible high floor panoramic views of the whole metropolis, yet tend to be the most expensive properties when calculated per square metre. So, if you want to live in the sky, you need to pay for it!

New towers along the coastline will start from around 100,000 Baht per square metre (approx. US$6,000 pr.sqm) up to 200,000 Baht per square metre (approx. US$12,000 pr.sqm) for the higher floor units and penthouses.

As well as these tall structures, there are developers building more simple, cheaper low-rise buildings. These tend to be a maximum of 8 stories. Older low-rise condominium complexes tend to be just 1 or 2 buildings with large apartments within. The newer complexes are now becoming very creative and have started creating “resort style” developments which can feature lagoon central swimming pools, underwater or poolside gymnasiums, waterfalls and water slides similar to themed waterparks!

Because the overall constructions costs are cheaper to build a low-rise building in comparison to a tall high-rise tower, the prices are typically a lot lower cost to purchase. Many rental investors choose this type of condominium project as the initial outlay is less for a similar rental return, or the lower cost allows investors to purchase multiple properties within the same project so that it is easier to manage as a rental portfolio.

Low-rise Condominium projects can start from around 65,000 Baht per square metre (approx. US$2,000 pr.sqm) up to 100,000 Baht per square metre (approx. US$6,000 pr.sqm) for the higher floor units and penthouses.

It is typical to see high rises along the coastline, and the low-rise complexes a little further inland but with lots of onsite facilities.

Beach and Countryside Houses
As Pattaya expanded from a small fishing town into one of the biggest cities in the country, the spaces to build have moved away from the coastline and further inland. Houses which are close to the sea or within the city limits are either starting to show their age and can be in need of total renovation to bring them up to 21st Century standards, or the properties have been built on recently purchased land plots that have become rare and highly sought after, that mean that after the initial land purchase and construction costs these homes are in the upper price bracket anywhere from 8,000,000 – 15,000,000 Thai Baht (approx. US$450,000) for the slightly older properties, rising quickly to between 25,000,000 – 80,000,000 Thai Baht – (approx. US$2,500,000++)

Driving just 15 minutes East and heading out of town you come to a huge residential housing area of Pattaya where there are a huge variety of properties ranging from stand-alone homes, terraced town homes, and Thai or Western secure village compounds with every house of similar style and including on site facilities such as communal swimming pools, fitness centers common gardens which may have children’s play areas. These villages are secured by entrance barriers with access granted by the onsite security guards or by more modern keycard entry. In many of the more expensive villages there can be CCTV installed around all the internal roads and common areas, landscaping throughout the whole village and even fiber optic Wi-Fi everywhere.

New prices for villages like these in East Pattaya can start from as little as 3,500,000 Thai Baht (approx. US$100,000) for 2-3 bedroom properties set upon 200sqm to 400sqm and rise upwards to around 7,000,000 Thai Baht (approx. US$200,000) for larger homes, land plot or total developer fit out and furnishings.

Also, another option would be the stand alone homes which typically sit upon much larger land plots, between 600sqm to over 1,600sqm. Easily secured with high walls and modern security such as alarms, CCTV, motion lighting etc. they are just as safe as other homes. These larger plots offer owners the chance to create lush tropical gardens, have larger private swimming pools, guest houses, outdoor dining areas and large covered terraces.

Large stand alone homes like these can be valued between 8,000,000 Thai Baht (approx. US$250,000) to around 15,000,000 Thai Baht (approx. US$450,000), however you can expect to pay between this, and anywhere up to 45,000,000 Thai Baht (approx. US$1,250,000) for the most lavish

The choice is yours!!

Why not get in contact with us and we can help to tailor the best investment package to suit your needs and budget? Email info@cornerstone.co.th or call our office +6638411250