Property Insights

04 November 2024
Understanding Owner Financing for Property Purchases With limited financing options for foreign buyers from Thai banks, many property owners in Pattaya offer "Owner Financing" as an alternative. This allows buyers to make payments directly to the owner over time, generally between 6 months and 3 years, though some arrangements may extend longer. Typically, these agreements require a down payment of 25-50% of the property’s price.
16 October 2024
Ownership Options for Foreigners in Thailand Foreigners are not allowed to own land in Thailand under Thai law, meaning a foreigner’s name cannot appear on the title deed for a house or land plot. However, foreigners can own a condominium in their own name through freehold ownership. Any further questions can be answered by one of our experienced agents here at Cornerstone Real Estate. You can get in touch via email info@cornerstone.co.th or call us on +66 38 411 250
16 October 2024
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16 October 2024
October 2024 - New Condo Rentals Available Now! All these featured condos are below 20,000 Baht. Discover these highly desirable condos, recently listed by Cornerstone Real Estate, and available for long-term rent! These exclusive properties won’t be on the market for long, so act fast to secure your new home today.
15 October 2024
Making a lasting first impression is crucial to selling or renting out your home quickly. Marketing and displaying your home in its best "show ready" condition will generate immediate interest and greatly increase your chances of success. As a seller in today's marketplace, you play a vital role in achieving your end goal. Proper preparation for photography will help us capture elegant, eye-catching images. Follow these easy steps to get your home photo ready and buyers will be seeing it in no time. There is no time to move furniture, or personal items from room to room while the photographer is on set. The indoor and outdoor areas needed to be ready before our arrival. If your home is not ready for the photo shoot, please re-schedule a photo session by 5:00pm the day before the photo shoot appointment. REMEMBER: Everything that is in the room will be captured in the photo, so remove anything of value that you do not wish to be visible in the photos. Our agents and photographers will be happy to walk you through the home before we start the photo shoot; however, we can only make quick lighting suggestions and small detail adjustments. Moving items from room to room is not an option while the photographer is there; everything needs to be moved ahead of time. Cornerstone Real Estate thanks you for the opportunity to photograph your home, we look forward to you seeing the finished media.
11 October 2024
In this video, we’ll explore a charming terrace house that blends comfort with easy access to local conveniences perfect for families or anyone seeking a welcoming home in a friendly neighborhood. Next, we’ll highlight a luxurious pool villa designed for both entertainment and relaxation, ideal for those who enjoy unwinding by the water in style. Lastly, we’ll visit a sleek modern condo that combines urban convenience with vibrant city living, featuring top-notch amenities and stunning views. Whether you're thinking about relocating to Pattaya or simply curious about the real estate market, this tour has something for everyone!
13 September 2024
Construction of U-Tapao Rayong-Pattaya International Airport's second runway will begin this year, with a 36-month completion target. This project, part of Thailand’s Eastern Economic Corridor (EEC) development, is funded through a loan from the Asian Infrastructure Investment Bank (AIIB). Italian-Thai Development (ITD), in partnership with the Royal Thai Navy, has been awarded the contract. The 3,505-meter runway will be 1,140 meters from the current one, increasing the airport’s capacity to 70 flights per hour, including wide-body aircraft, with a total investment of 15.2 billion baht. However, potential delays in the high-speed rail line connecting Don Mueang, Suvarnabhumi, and U-Tapao airports remain a concern. The tunnel for the rail line, integral to the runway project, must be completed within 18 months. If delayed, the EEC may transfer tunnel responsibility to the State Railway of Thailand (SRT) to avoid impacting the runway schedule. U-Tapao International Aviation is also planning a large-scale development across 6,500 rai, with an estimated 100 billion baht investment in the first phase. Completion is expected within five years.
26 August 2024
Why Buy in Pattaya? - A Thriving Real Estate Market
22 August 2024
Navigating the Pattaya rental market can be complex, and renters may encounter unforeseen challenges. In this video interview, Trevor discusses potential pitfalls with Martin from Cornerstone Real Estate, emphasizing the risks of renting directly from owners. Martin advises renters to conduct thorough research, understand local market dynamics, and be wary of unclear contracts, hidden fees, or subpar properties. Many have reported negative experiences when renting without professional guidance. By working with a reputable real estate agent, renters can avoid common mistakes and ensure a smoother experience in the Pattaya rental market.