Invest in real estate in Thailand without any unnecessary “question marks”. Read the answers to our customers' questions.
Real Estate and Financing
Are foreigners able to own real estate in Thailand?
Yes. In Thailand, any foreign citizen may own 100% of apartment property. In the case of apartment development projects, however, there is a condition that at least 51 % of the apartments are owned by Thai citizens. For this reason, it is best to act quickly. Choose your apartment/s in time, because only 49 % of the apartments in the development projects are available to foreign clients.
Can an apartment be financed by a mortgage loan?
No. The Thai Bank provides mortgage loans to Thai citizens only. Clients from all over the world can use our flexible 3-year payment plan.
Is the apartment price final in Thailand?
Yes. The price of the apartment/s mentioned in a contract is final. Only before registration in the cadastral office, the buyer must pay a one-time fee of THB 70 000 - 130 000, depending on the size of the apartment. The fee includes water and electricity connections, cable TV installation; part of it goes to the administrative fund of the building.
Can I rent out the apartment later?
Yes, and we are happy to assist buyers with this, as part of the services we offer after signing a contract.
Is it possible to view the apartment personally now?
Yes. You can view our Showroom.
Operations of Real Estate
What are the fees associated with the operation of an apartment?
The fee for services within the resort (swimming pools, sporting facilities) including a parking space, cleaning of communal areas and waste collection, amounts to THB 480 per sqm/year.
Is it possible to connect to the Internet and TV in the apartments?
Is it possible to pay extra for the cleaning of an apartment?
What should an owner do if something is not functioning in the apartment?
Contact us. If there are any technical issues, we will solve them for you.
Is it possible to park a car in the resort?
Yes. Each apartment has an underground parking space, guarded by a camera system (CCTV).
Political Situation in Thailand
Is the political situation in the country stable?
Thailand is a constitutional monarchy administered by the military junta. It is a founding member of the Association of Southeast Asian Nations (ASEAN) and has the second most developed economy in Southeast Asia.
Is Thailand safe?
Thailand is a relatively safe country. If you do not offend the King or take drugs, you are not at risk. Both these offences are subject to high penalties. However, you need to be vigilant in popular tourist locations, where pickpocketing sometimes occurs.
You should be careful when in traffic, especially on a motorcycle. During the monsoon period, there is a risk of local flooding at the coast. However, a day later, you will be unaware that a flood has taken place.
What languages are spoken in Thailand?
The official language is Thai. English, Chinese and Malaysian are also spoken.
What time zone is used in Thailand?
Daylight saving time: UTC (London) +6, SEC (Prague) +5
Winter time: UTC +7, SEC +6
Is Thailand expensive?
It is not. Compared to Europe, the prices are significantly lower in Thailand. For example, 100 CZK is equal to approx. 150 Baht; 100 EUR is equal to 4 000 Baht and 100 GBP is approx. 4 500 Baht, depending on current exchange rates.
What is the currency in Thailand?
Thai Baht (THB).
How long does it take to fly to Thailand?
The flight from Europe to Thailand takes over 9 hours. It depends on your airport of departure.
Will I have someone to contact in Thailand?
Yes, you can contact us directly, because we are based in Pattaya. We will be happy to help you with anything, whether you have questions about real estate or are seeking a tour guide around the city.
Will I be bored in Thailand?
There is no time for boredom in Thailand. There are thousands of attractions. You can vary your daily programme according to your mood. You can relax on beaches or at a pool. You can go on an excursion to the surrounding islands, go shopping, or enjoy the bustle of the nightlife in Pattaya.
How long does the main season last in Thailand?
The main season in Pattaya lasts from November to May. But the weather is warm all the year round, because Pattaya lies in a tropical zone. Occasional monsoon rains may occur from June to September.
Is it possible to rent a car in Thailand?
Yes. You can rent a car and a motorcycle in hundreds of places in the city. And at very affordable rates. On average, car rental costs approx. EUR 30 per day.
Can the public access the Resort?
No. The Resort and facilities are only accessible to residents.
What about an inheritance procedure?
Upon submission of the Last Will and Testament or Death Certificate, a property will be transferred to an heir within 60 days and will be ready to be handed over by the property developer.
How many projects has the developer completed and handed over?
In Pattaya, the developer has completed and handed over 21 projects to date. Another 2 projects are under construction right now. You can view all the new projects under “current projects”.
Aerial view of downtown Pattaya
Big Buddha Pattaya
Pattaya city view, Sanctuary of Truth in the foreground
City Beach - Jomtien Beach
Start Your “Plan B” Now
Are you interested in investing in real estate in Pattaya? Do you have any questions? Contact us. We can arrange a personal meeting or a phone call.
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