Pattaya Real Estate Guide
At some point in your life, you’ve probably asked yourself: is it better for me to continue renting or to buy a home of my own?
The buy vs. rent question is a notoriously tough one for consumers, and it’s not just a financial decision; in fact, it can be a very personal choice. Weighing all the factors and looking to your own needs – paired with the proper financial analysis – will help you make the smart decision for your particular situation and lifestyle.
Our buying property vs renting property in Pattaya guide is here to walk you through the myriad things you ought to consider when confronting the buy vs. rent question, so you can come to the decision that’s right for you.
Over the years, the condominium sector has emerged as the fastest growing and strongest property sector in Thailand.
Bangkok, the bustling capital and international travel hub, has seen steady price growth, as have resort destinations like Pattaya, Hua Hin and Phuket.
What Makes a Great Real Estate Agency?
Choosing a qualified and experienced real estate agency can mean all the difference in your real estate experience and the success of your transaction.
While the specific details of what you’ll be looking for are different whether buying or selling, there are a few core values that make up a great real estate agency for Pattaya property.
Why use a Real Estate Agency?
When deciding whether to use a real estate agent or sell on your own, be sure to carefully weigh the pros and cons so that you make the best decision for your family and situation.
Home Buying Guide before Starting a Search
will walk you through the home search process, with helpful advice, common pitfalls and some
great ideas that will help take the stress out of finding your dream home in Pattaya.
Home Buying During Search Inspection
After you made the decision what type of new home to buy, you should provide as many details to your estate agent as possible. They will do their best to find your perfect home.
For more information read more our useful
If using a mover: contact moving companies for estimates.
If moving yourself: contact truck rental companies for estimates.
Create a floor plan of new home for furniture placement.
Sell or donate unneeded pieces.
Make a home inventory.
Begin to remove clutter. Start with basement, attic, and garage.
Start a file of moving paperwork and expenses which can be used for tax credits and claims.
Home insurance policies in Thailand vary a lot.
There are comprehensive policies which will cover a house or condo against damage from a number of sources such as fires, earthquakes, monsoon damage and thefts as well as covering the homeowner for accidental damage, limited loss of personal possessions outside the home and personal accident cover. A policy can also cover the main structure of the buildings, compensation if needed for domestic staff and any legal liabilities.
The most common type of property purchased by expats is the condo and some companies offer a policy specifically for these.
Condo policies will cover your own apartment but not the structure of the building. It is the responsibility of the building owner to arrange this and it is illegal for them not to do so. Our essential Pattaya guide to real estate insurance will explain more!
Buying a home is one of the most important decisions you will make.
That's why it's in your best interest to choose an experienced real estate agent who listens to you and understands your needs, and has detailed knowledge of the area in which you want to live.
Learn all you need to know about buying your home in Thailand on our
Buying a Condominium in Thailand
Purchasing a condominium is by far the most popular and relatively straightforward method for a foreigner to acquire a property in Thailand.
That said, there are certain steps which should also be considered as part of the
Buying off the plan is a literal term for purchasing property that has not yet been built.
In other words, making a decision to buy an apartment / condominium or house based on the documentation available prior to construction.
Read more about
Things to know about buying a vacant lot.
Buying a plot of land with a view to building your dream home can bring some unique challenges, from locating the perfect site to planning permission and other legalities.
When it comes to finding building plots and land for sale these days, it can sometimes be easier said than actually done. Land can be snapped up so swiftly by keen developers that actually getting any hint of a site becoming available in the first instance can be a big bonus.
These days, an increasing number of people are renting and the quality and range of rented accommodation is better than ever.
Renting is usually cheaper than owning and bills are more predictable too, which is great news for those who prefer stable finances.
And with fewer outgoings, you can save more.
Selling your house is a big step, and your main goal would be to sell your property in the shortest possible time with maximum financial return.
This Sellers Guide will take you through the processes encountered when selling a house or condominium, and provide you with useful tips from understanding the property market and property fix-ups, and choosing the right Estate Agent.