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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Property for sale or rent
Pattaya's rental market is growing at high speed. The demand for condominiums in prime areas of Pattaya combined with high class quality and excellent service is higher than the market has to offer. It's difficult to find an apartment or house that matches the criteria of the potential tenant and it's getting harder by the day.
Long term rentals of 1-3 years are requested by a vast group of corporate clients, that work in either Pattaya or in one of the headquarters of multinationals on the Eastern Seaboard.. Preferably they would like to rent a new house or an apartment within Pattaya.
What are these potential tenants exactly looking for?
- Top of the wish list are luxury houses with at least 3-bedrooms, bungalows are preferred. The house should be located on a secured development with either a private pool or at least have free access to a community pool.
A nice garden would be very much appreciated.
The location should not be too far away from Pattaya's city center and shopping facilities.
The monthly allowance they are willing to pay is between
THB 30,000.00 - THB 100,000.00.
Preferred attributes of a rental home
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- 2 or 3 bedroom luxury apartment with sea- view either located in Jomtien, Pattaya city, Pratumnak or Wong Amart.
The monthly allowance they are willing to pay is between:
THB 60,000.00 to THB 120,000.00.
Location of a property is key for it's value and the appreciation you can expect from your investment depends on it. Rental returns of a property, which is located on a decent development, well fitted, with nice facilities generate average 7% - 9% net return per annum. This is much higher than most Westerners expect, but is reality in Pattaya.
Properties in less desired areas of Pattaya, could be sitting empty for quite some time and will most likely not deliver half of the money you might wish for or even expect.
Rental potential can be evaluated. It is always advisable to asses the value before you buy a property or when you are already an owner of a condominium or house. A professional real estate agent or even a few different ones will inform you what you can expect in return.
Most likely the answers of the real estate agents will match. When buying a new property for the purpose to rent it out, an excellent location with good security, management and durable, quality construction will always generate an agreeable rental yield. If so you are truly on the road of success.
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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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