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Why should i buy a condominium or house In Pattaya?????

Why should i buy a condominium or house In Pattaya?????

Thinking of buying a Thailand Condominium or house as a second home, Investment property, permanent residence, or retirement home, as everyone knows in Real estate purchases we say Location Location Location and that location is different to us all,

Condominium with beach view the most important to some a Condominium with Mountain views to others will be more important you alone can make the decision, if like many before you have decided that amazing Thailand is the country for your property purchase condominium or pool villa maybe,  the next step is where and which city or province is your preferred choice, there are so many options  with in Thailand, Bangkok city of angels, Phuket / Krabi with amazing beaches and scenery as good as anywhere in the world.

Chang Mai with some of the most scenic mountain ranges with some of the best biking trails to be found.

Koh Samui small but as they say big things come in small packages, the natural parks and reservations and coast line is a true amazement or Pattaya the vibrant city on the beach,

Here are a few reasons I decided to settle in Pattaya after living 3 years in Phuket, 2 years in Koh Samui and 1 year in Bangkok all have many positives but sadly a lot more negatives from my point of view for long term living.

Have a read and I would love to listen to your opinion and comments. I do not like to spend much time talking about the negative points, negative points for me maybe positive points for others and who am I to say.

  1. The well established infrastructure that Pattaya has to offer to new home owners or condominium buyers is the first thing, the infrastructure may not be the first thing that comes into your mind especially coming from the western developed countries as the creature comforts are to be expected, could you actually imagine life with out stable internet, Transport links and Highways within Thailand and all the provinces, or only living on Thai food ( in my opinion the best cuisine in the world but still like roast dinner from time to time) some parts of Thailand still have very basic restaurant’s without the foreign influence, medical care it is a nice thought to know that on your doorstep there are many international Standard Hospital’s   as good as anything in the western world, and education if you have children this has to be a major thought in your decision making, Pattaya has some amazinginternational schools offering some of the very best education.

So, if you are planning on relocating Pattaya has all the above in a abundance it is all here in Pattaya city.

(2)

Pattaya Populated but not Over Populated

There is no doubt that Pattaya has so many attractions not just the Pattaya night life of Pattaya beach road and the famous Walking street but Many other attractions that attract visitors either as tourists or long term stayers, So the question is answered quite simply over populated and to busy NO, Pattaya city is none stop practically 24 hours a day, Now with the infrastructure that has been dramatically improved over the last few years with new roadways, Highways, Tunnel and now the proposed high speed rail link, Pattaya city has now regenerated and improved a lot of the Suburbs, so if Pattaya is a bit to hectic and crowded for you to live here then now you can move to some of the much quitter suburbs areas that are now just minutes away by car or Taxi areas such as Naklua &  Wongamat  Beach the famous Pratamank hill renowned for the quietness with the Buddha Hill being located there and the Thai Royal Family having a residence there very clean and safe Family area, Not to forget East Pattaya growing in popularity with many expats who purchase a house on one of the many villages that have been built for privately owned properties to be purchased or rented on long term stays, other areas that are easily accessible to Pattaya city are ,Mabprachan lake area, Huay Yai, Silver lake, Baan Ampur, Na Jomtien  and one of my personal favorites retreats the sleepy Fishing Village of Bangsaray, some of the most scenic beach coastline, picturesque area if the budget is there to buy a beach front Villa, out of all the areas we have discussed Bangsaray is probably the furthest from Pattaya city yet still under 30 minutes’ Drive,  Are all of these options available to you in a city  such as Bangkok? I do not think so;

 

 

  1. Pattaya Booming or on the decline

This is a easy question is Pattaya Booming: YES: all you have to do is drive around Pattaya City the first thing you will notice is the traffic and the tour busses, Shopping malls existing such as Royal Garden Plaza, Mikes and Central Festival and the new Shopping Mall to open soon Terminal 21, expected cost of the build of Terminal 21 Pattaya is 7.5 billion THB with  early 2019 as expected opening date as I understand, so if a company is willing to invest 7.5 billion thb, and the latest high rise condominium luxury top end 5 star condominium to be built  The Edge Pattaya which is  is under construction by the Sansiri group. If you would like to learn more about the edge please Rest-property The Edge

Would you say that Pattaya was a area on the up or on the decline????  

  1. Thailand Pattaya Stable property market?

The Pattaya property market is relatively stable when you compare with some of the western countries with property prices gradually increasing, when you compare with a lot of western countries this should give you a certain level of confidence in the Pattaya property market, even when there has been a down time in the Pattaya property market the property prices no matter if buying or selling condominiums or buying or selling Houses the actual purchase price has never plummeted, in my experience the worst case scenario has been that the property prices have just stayed the same no increase in house prices or decrease in house prices for a short period of time,

This makes the time for the Pattaya property market shorter to rebound and prices to start to increase.

This is a period of time globally that the property market is just starting to comeback where as the property market in Pattaya is still flying along, with many new projects being released some luxury high end condominiums have just been released  in Pattaya and Jomtien, says a lot about the Pattaya property market when you look at the quality being built, the market before was for the smaller budget condominiums for sale now it has changed, not so many of the small budget condominium’s being built but more of the middle to high end condominiums being released and under construction.

New Modern Pattaya  Pool villas for sale on secure project complexes are on the increase, House sales of new and existing homes is also increasing, the local developers have truly upped there game now there are many different styles of houses for sale Thai Bali, Modern European Style , Traditional Thai Style houses many options available as the Pattaya property market offers the options that you desire with also the House for sale Price range something to fit all budgets affordable to the luxury pool villas and homes, when you compare what you can get here compared to the western world, for example modern Style 3 bedroom fully fitted and furnished with private swimming pool under 5 minutes to the beach 4,500,000thb Modern 3 bedroom villa  

or would you prefer exclusive a more exclusive Villa

  1. There is little doubt that Pattaya and the surrounding suburbs have plenty to offer everyone Young or old.  After all, if you are going somewhere for a vacation or you are actually buying a property to live here you don’t want to be bored do you, Pattaya caters for every taste. If you are sports minded the golf in the region is undoubtably a golfing mecca with over 16 international golf courses water sports every type you can think off, excellent beaches close by and of course all the famous nightlife that Pattaya is famous for Pattaya beach road nigh life Pattaya walking street truly amazing, you could not ever wish for more. For the younger people also, many things to do in Pattaya, water Parks, Movie theaters, Bowling, Museum, Go Carting,   No matter how long you stay, you can be certain you won’t get bored young or old Pattaya is a place that you can enjoy,  life the quite peaceful Pattaya suburbs or live in central Pattaya and enjoy all the nightlife, with all the infrastructure improvements to the Pattaya Area and suburbs traveling is quick safe and efficient so live anywhere and still be able to enjoy all of the attraction’s that are available.  

  1. Is Pattaya City Close everywhere?

Pattaya is a city with which all the infrastructure has changed dramatically over the last few years with new Highways connecting all the local areas beach areas such as Wongamat beach, Jomtien beach, Dongtan beach, Baan Ampur beach and the ever-popular fishing village of Bangsaray all easily accessible with very good connecting road ways, Thailand’s capital city Bangkok and the Bangkok international airport is 90 minutes’ drive with direct access to the motorway, the old Domestic airport Utapo has undergone a major face lift and upgrade to Full international airport and now renamed Utapo Rayong international, Many airlines are now using this local airport for international arrivals and departures soon we will all be able to fly in and out of this airport with out the need to travel to Bangkok, Utapo airport is around 30 minutes from Central Pattaya New International airport Utapo Rayong  

why would anyone wish to live anywhere else Than Pattaya city or the Pattaya Suburbs?

I Hope this has been informative if you do have any questions regarding the Pattaya area and the suburbs please feel free to contact Real Estate Specialists Thailand (R.E.S.T)  Click here

Summary Why should i buy a condominium or house In Pattaya????? Property prices are varied and if you look hard enough and use a reputable agency to assist with your search you should be able to buy a condominium or buy a house in the budget you have set for the purchase of a Pattaya property. Remember get your agent to give you a detailed insight into the area that you are thinking of investing in a property no mater if It is a budget condominium or a luxury pool villa, if you are using a reputable agency they will take time and be diligent spending a little time and effort will get that ideal property and you will be a Pattaya resident / Pattaya expat for many years to come.

We enjoy interaction so please contact any time for a chat or if you are in the Pattaya Jomtien area look us up in The Jomtien complex R.E.S.T office is conveniently located between The Agate Hotel   http://www.theagatepattaya.com/

and the Thai Blind Massage institute highly recommended for one of the finest therapeutic Thai Massages in the area Thai blind Massage review  

Good luck in any of your searches for Property in Pattaya Thailand or any of the Pattaya suburbs, please be diligent in your condominium purchase or your house purchase and if you ever require the services of Real Estate Specialists Thailand or you just require another unbiased opinion on your proposed purchase we will be more than Happy to assist if we can be of assistance on any topic to do with Pattaya and the  Pattaya suburbs or Pattaya real estate houses condominium pool villas sales or rentals we always offer a unbiased and professional service at  Real Estate Specialists Thailand

https://realestatespecialiststhailand.com/

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Thailand Pattaya Real Estate set for boost with new international airport opening

Thailand Pattaya Real Estate set for boost with new international airport opening 30 minutes from Pattaya city, Are property prices set to boom ?


Thailand Pattaya Real Estate set for boost with new Utapo Rayong international airport opening 30 minutes from Pattaya city, Are property prices set to boom ?

Thailand Pattaya what does this news mean to Tourism and Real Estate Prices in the Pattaya area, Many people who work on Thailand's eastern seaboard in many of the industrial areas area applauding the new airport, Especially those people working in the Tourist Hot spots of Pattaya and Jomtien.  In my humble opinion and after living and working in the property industry in Thailand for nearly 24 years i feel this news is some of the best for the Pattaya property market and can only mean prices for buying houses, buying condominiums or even buying land are definitely set to increase.

Real Estate Specialists Thailand (https://realestatespecialiststhailand.com/) with over 24 years experience has seen many up sand downs in the Thailand property market and the Thailand economy, there  is some thing very unique about the Thailand economy in that it always seems to bounce back to any down turn very quickly, 

The Thailand property market is no different has always and will always i am sure bounce back to any down turns very quickly, the news that new International airport is now open,

The news that the high speed rail link  from Thailand's capital city Bangkok to Rayong with stops planned for Pattaya and Bangsaray has been give government approval and is now under tender for the construction  is another major boost for Pattaya and again another good reason to buy property or invest in the property market in Pattaya, Live on the beautiful Pattaya coast line with the fresh air and little if any air pollution yet be able to commute to Bangkok on a daily basis for work. 

I think there are happy times ahead for Pattaya tourism and the Real Estate market.

Investors thinking of investing in Thailands Eastern Seaboard or the property market in the Pattaya region remember the old expression

THE EARLY BIRD GETS THE WORM  

For a quick example Land prices in the Huay Yai region of Pattaya four years ago, to buy land would have cost around 1 million Thai Baht per Rai (1600 sq meters) 

Today you are lucky if you can find 1 Rai of land for 4 millon Thai Baht .

I hope you enjoy and find the article below by Chartrudee Theparet from the Bangkok post Business a interesting and informative read.

The Eastern Economic Corridor (EEC) meeting on Monday chaired by Prime Minister Prayut Chan-o-cha mandated to develop the first phase of the aerotropolis within five years to support a linkage with the high-speed rail connecting three airports - Don Mueang, Suvarnabhumi and U-tapao. 


Adm Sophon Wattanamongkol, president of the Royal Thai Navy's advisory group, said the ToR is slated for auction via PPP this October, with the winners expected to be announced by January 2019. 

The first phase of the 6,500 rai U-tapao airport and aviation centre will be capable of handling 15 million passengers in five years. Other projects include a second runway, business zone, maintenance repair overhaul (MRO), and air cargo. 

The MRO, which is a joint venture between Thai Airways International Plc and AIrbus, is expected to be settled when Gen Prayut visits France on June 25. 

Investors from China, Japan, Europe and the US have shown interest in investing in this aerotropolis project. 

Earlier, Industry Minister Uttama Savanayana said five giant bidders were expected to join the upcoming auction of the 224.54-billion-baht high-speed railway linking the three airports. 

He declined to disclose the company's names, saying only the project has been in the crosshairs of several local and foreign investors. 

These are likely to include BSR Joint Venture, a consortium of BTS Group Holdings Plc (75%), Sino-Thai Engineering and Construction Plc (15%) and Ratchaburi Electricity Generating Holding Plc (10%). 

PTT Group and Chaoren Pokphand Group have also expressed their intention to join the auction and seek investment partners, along with firms from Japan and China. 

The 2018 EEC Act allows foreign investors to own up to 51% stake, compared with general investment law capping foreign-owned share at 49%. 

AirAsia has informed the government of its intention to invest in the MRO at U-tapao aerotropolis, with a total investment worth US$150 million (4.8 billion baht). 

AirAsia's MRO will also offer its service to other airlines, and the investment is expected to attract around 10-20 companies to streamline their investments into Thailand. 

The company will also look for investors in a low-cost terminal at the U-tapao airport. The investment sum is projected at 1.5 billion baht, while construction is expected to take between 12-18 months. 

Kanit Sangsubhan, secretary-general of the EEC office, said the EEC committee yesterday agreed, the government may need to build a medium scale terminal at U-tapao airport, which can be completed within one year, because of higher arrivals at the airport. 

The first terminal can handle 3 million passengers, while the arrivals at the terminal are projected to reach 2 million by this year.

Mr. Kanit said the committee has also authorised related public agencies to plan for the third phase of the U-tapao aerotropolis development plan. 

The third phase involves increasing capacity to 15 passengers over the next five years, 30 million in the next 10 years, and 60 million within 15 years. 

The EEC committee has also authorised the EEC office to conduct a study for the development of surrounding areas some 10 kilometres from U-tapao airport in order to prevent environmental problems. 

"The government needs to prepare ahead with town planning and specific zoning for the aviation industry," said Mr. Kanit. 

Industry minister Uttama Savanayana said the government plans to conduct international roadshows following the EEC Act's enforcement, with the first roadshows scheduled in Britain and France this June and others taking place in South Korea, Japan, and China. 

by Chartrudee Theparet from the Bangkok post Business 

Any comments to this article or interactive comments are welcome if you are ever in the Pattaya or Jomtien area feel free to look us up at Real Estate Specialists Thailand  Real Estate advisers https://realestatespecialiststhailand.com/    [email protected] 

Thai Mobile +66 (0) 899333583  Line id 01barry30    Skype barry.rest 
 

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