New Property
Park Lane Jomtien Resort
Visit our 1millionbaht.com to view this successful development. Start price: 1 Million Baht for 36 sq.m. fully furnished apartments with 1600 sq.m. Lagoon Swimming Pool.
The Apartment Buildings occupy a strategic position with walking distance to Jomtien Beach, only 600 meters to Sukhumvit Road and within 5 minutes you can reach some of the regions finest restaurants, shopping centers...
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How-to Buy
Freehold ownership of a condo for foreigners is allowed by Thai law. A condominium block may be of 49% of non-Thai ownership, if the proper condominium license has been acquired by the developer, this can rise to 100%.
The overseas buyer has two possibilities of owning property in Thailand, these are the freehold or leasehold options. If a condominium is still ...
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Thai Real Estate Status
The Thai property market and specific the Pattaya Jomtien market seems to be subject without a tangible outcome when reading publications be it on- or offline. There is much speculation, opinion, tension and contradiction.
Just a few facts: The property market is not slow. The saturation point is not reached and no, Malaysia will not convince anybody with their 10 year homeowner visas to buy a house in Kuala Lumpur instead of lively Pattaya, because the people of Kuala Lumpur keep coming to Pattaya, whenever...
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Investing in the Pattaya property market is nothing new. All major
members of the international hotel industry invested billions in
Pattaya, yet there is still a shortage of hotel rooms in the high
season. Investors from Japan and Hong Kong are very active in Pattaya
and seize the opportunity to increase their capital. Fact is that even
in a time when the US Dollar is weak, firms from the US are lining up to
invest in Thailand. Joint-ventures of Singapore-based and local real
estate development firms are no rarity. Large shopping-malls like U. K.'s
Tesco Lotus and the French Carrefour are both present in Pattaya and
also Makro has established itself for years. Local demands trigger
actions and Pattaya's demand is growing at a rapid speed.
Investors have a feel for a bargain. This is one reason why investment
companies try to get their foot in the door and specifically seek the
"ever popular Pattaya" as one of the favorite locations in Thailand.
Consider the number of tourists Pattaya counts.
Spain's entire Costa Del Sol has in one year in total as many tourists
as "little Pattaya" does. Andalucia stays behind. Stats show that people
go to Spain for the enjoyable climate and this is truly the main reason.
Going in March or April however to Spain can be a never ending wet water
trip and in winter can even be combined with snow if you are
unfortunate. If you go to Pattaya at any time of the year, you are
certain that summer clothes in your luggage are sufficient and that your
bathing suit will be of good use.
Compare the prices you pay for a » villa with garden, a 1500 sq.m. plot, lush landscaped garden inclusive a computerized irrigation system, car port for 2 cars, remote
controlled sliding gate, guest house, large swimming pool with Jacuzzi,
own water well and 360 sq.m. built size, in Pattaya, with the price you
will pay in, Marbella, Costa Del Sol.
You will most likely end up with a bill that is 3 times higher and
question is, if you then will also have a Jacuzzi in the package and a
remote controlled sliding gate for entering your property - guess not.
As a rule using rock solid' facts & figures is what any investor should do first before investing anywhere. Investing is always practiced checking the total of the country's economy, the region, the city and it's future perspectives, also to retrieve the actual status quo of the market you are in, is beneficial.
Official stats show that the price of land in Thailand increased
nationwide in 2007 by 26.9 per cent. In some locations prices increased
with a massive 85.79 per cent (in some areas in the South of Thailand)
while in Bangkok the increase was an average of 5.76 per cent. There is
no stagnation or even a decrease but a steady line that moves upwards.
This means: " the earlier you get in, the better the yield."
Reasons why you should invest in a condominium in Pattaya
- The market is not yet saturated and the demand is higher than the
condominiums market offers, especially in the elite and luxurious
condominium sector, the market is in fact still wide open.
- As a foreigner you can own a new condo (flat/apartment) but you
are restricted in buying land or a single house with a plot.
Therefore foreigners purchase condominiums in a much higher number
as a second home, vacation home or a retirement home than in other
countries where purchasing of plots is without hindrance.
- As your property appreciates in value in Thailand, the profit is
all yours when you sell. Capital gains tax does not exist in
Thailand and investments are appreciating year by year by year in
a solid upward line.
- A fast upward moving economy of over $130 billion and profits of
$13 billion every year, the highest growth rates in any of the
Asian countries means that land prices are going to soar,
especially in Pattaya.
Pattaya City
Thai refer to Pattaya as: "ever popular Pattaya" as this is what it is. The city is popular because it is a mixture of East meets West. We
have all the benefits of Thailand but also all the advantages of the
Western world. Thai love it because they can leave Bangkok behind and
foreigners love it because it's summer all year round. In Pattaya they
have everything they have at home and better.
Better is the affordable health care, dentists and the care for elderly
people. Pattaya has an ever expanding infrastructure with medical facilities that are hardly found in the Western world. The life style, the overall quality of life. This is why an
increasing number of retired couples settle in Pattaya to enjoy the sun,
water their orchids on the balcony and have a game of Bridge with their
friends.
It is a melting pot of nationalities. English is very well understood.
Each nationality seems to have started a club of natives; creating a
social circle of people where one can speak his native language. It
creates a certain "home feeling" and because of this, everything people
loved in their home country is available in Pattaya - be it food,
fashion, friends that speak English or their own language, even your favorite T. V. show. In general you can say: "If
you can afford it - it's yours".
Imported foods are just as expensive as in Europe. But a baguette from a
bakery in Pattaya made by a French baker is still much cheaper than in
France, The Netherlands or U. K. You can prepare your Irish Stew or
something more "exotic" - Pattaya provides the opportunity of choices.
Strategic Economical Location
The city is located on the Eastern Seaboard which reaches from Bangkok
right down to the tip of Thailand in the east, Pattaya and Jomtien are a
part of it.
The Eastern Seaboard is where you find the center of commercial activities, home to many huge industrial estates and the export oriented industries of Thailand. Laem Chabang port plays a key role as it is Thailand largest port for international marine shipping.
The Eastern
Seaboard also has a diversified economy comprising of emerging tourism,
construction, and retail industries. Here the most money is
concentrated, generating also a large part of the Thailand's GNP (Gross
National Product). Due to the economical importance of this region the
infrastructure is excellent. New railway development is recently
approved. It takes just 1 hour on the 8 lane Chon Buri Bangkok Motorway
to get from Bangkok to Pattaya this is the reason why so many Thais have
their weekend homes in Pattaya. Pattaya is "far away" from all this
industrial and busy hard working life. It is like the tranquil haven in
a stormy sea.
Wealthy regions always have visible, tangible prove of their well being.
Pattaya is the prove. It is the region's refuge where people unwind, the
place for leisure and fun and relaxation. It is the tourism center of
South East Asia. Tourists come from anywhere, be it from neighboring
countries or from another continent. Pattaya is ever changing, evolving,
innovative and always trendy.
Pattaya is known for its family orientated residential and holiday life
style. It is home of Thailand's most famous leisure facilities such as:
- 9 famous golf courses are reachable within 30 minutes from Pattaya.
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Ocean Marina Thailand's exclusive yacht club, on Jomtien beach. With hundreds of yachts at anchor makes an impressive and unsurpassed view.
- The world famous Nong Nooch Gardens with its butterfly house, presenting exotic species of butterflies from all over the world. A variety of tropical gardens, rare plants and elephants with special skills in playing football, dancing, and even interacting with tourists.
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Horseshoe Point, offering a multitude of great indoor and outdoor activities to individuals and families - from biking trails, tennis, squash, swimming, and horse-riding to organized outings. Famous is the International Riding School, a one of its kind in South-East Asia and especially built for true horse lovers.
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Located in South Pattaya you can find the Underwater World. Here you can view the richness of species of local marine life from near by. Not being a diver you would otherwise never get to know them.
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Shopping is available in Pattaya to suit all wallet sizes and ranges from the very expensive and exclusive brand name stores, located in the many, very elegantly styled shopping malls, to the local street markets where you can chaffer for the price with the seller.
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This tropical paradise is framed by fine coral sand beaches, the warm Gulf of Thailand gently laps at the shore. For the adventure seekers there are almost limitless water sport possibilities:
- deep sea fishing
- scuba diving
- jet skiing
- power boating
- parasailing.
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World class restaurants, bistros and cafes abound, with an almost endless variety of menus to suit everyone's taste and budget.
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The vibrant and exciting night life that can be accessed by all includes: several world famous theatres, international multi screen cinemas and innumerable other nightlife attractions in this beautiful city of 24 hours a day activity and entertainment.
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Thai Real Estate News
Property markets are very sensitive everywhere and react to even the smallest changes on the economic, social, or political level of a city, or region or even a whole country will be affected. Questions rises: Why is Pattaya so different...
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SMS Iguana Group
To make swift and efficient feedback possible and to guarantee the highest level of service possible to our clients, we have chosen to implement this online SMS service.
Any questions you might have in regard to investing or the purchase of your domicile in Pattaya area, Thailand, will be answered within 24 hours.
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Testimonials
Read the Testimonials Iguana Group has received from Ross-Tara Co. Ltd., Obelisk International and Uni-Serv Co. Ltd., all well established and known in the Real Estate and Investment Market.
Obelisk International
We choose to collaborate with Iguana Group on the Pattaya Heights project for Obelisk International's first project in the Thailand market. The extensive experience ...
Uni-Serv Company LTD.
We at Uni-Serv Company Ltd. have been partnering Iguana Group within ...
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