Buying the Perfect Retirement or Vacation House in Pattaya

Pattaya is one of the most popular tourist destinations in Thailand, and according to Wikipedia, the coastal town sees, on average, about 10 million tourists per year. If you’re among this large group of people, you have most probably toyed with the idea of buying a vacation or retirement house in Pattaya before. There are many properties for sale in Pattaya, so how do you know which one is best for you? Today, we will share some tips on choosing the right property for you.

Tips on Buying a Home

Buying a property overseas can be a daunting experience, especially if you’re unfamiliar with the local laws and regulations. However, there are some general guidelines you should follow that will take some of the anxiety out of your home-buying experience.

Find a Good Location

Finding the perfect location can mean the difference between a fantastic investment and potential liability. It’s important to research the area thoroughly before deciding on a property. You should consider the local culture, the amenities available, and the environmental factors within the immediate vicinity of your property. For example, if you’re buying a beachfront location, it’s important to survey the land near your property. In some cases, erosion on the shoreline can have an adverse impact on your property’s foundations. Before confirming your purchase, visit the property several times and at different times of the day. The sun may be scorching hot in a certain part of the house. If you find this out early enough, you might be able to address it, or if it can’t be addressed, you can at least change your mind about the property. If you’re looking for a retirement home in Pattaya, you might not want to be too close to the night scene. East Pattaya has several gated communities that are tucked away from the rowdy tourist joints in Central Pattaya. There are also several golf courses here that are perfect for retirees looking to spend their mornings on the course.

Legal Considerations

Buying a property, unfortunately, involves going through stacks of paperworke that’s enough to drive anyone up the wall. But it’s important to ensure that your rights are protected and that the property you’re buying doesn’t have any hidden issues. You will also need to familiarize yourself with the local property tax laws and regulations, and it’s a good idea to ensure that the seller is the legitimate owner of the property and that there are no outstanding debts. What most buyers do is seek local legal representation; someone who is familiar with all the local laws and regulations. It will be a tremendous bonus if you can find a real estate company with in-house lawyers to help you through the buying process.

Make your Asset Work For You

Given the popularity of Pattaya, it might be worth considering renting out your property on a short lease if it’s not going to be your full-time home. At the very least, your property will pay for its monthly maintenance, which ensures that it will be maintained and looked after when you’re not around. However, if you consider this route, make sure you have a real estate management company you can trust to manage your property while you’re away.

Properties in East Pattaya

There are many properties for sale in East Pattaya that would make an excellent investments or vacation and retirement homes. Check out some of our recent listings:

The Infini Pattaya

Recently completed, this modern luxury villa features four bedrooms and four bathrooms with a two-car garage. The villa is sprawled out over 290 square meters of land. It’s part of a gated community that consists of just 18 units on land that’s no more than 5 Rais. The Infini Pattaya offers convenient access to the market, shopping center, and international schools.

The Prospect

Another modern villa, this one is designed as a tropical resort co-existing with nature. The Prospect villa features three bedrooms and four bathrooms with a 2-car garage. The villa sits on 660 square meters of land and is part of an 80-unit gated community that ensures your family will have the privacy you want. Pearl Property Pattaya is a real estate company you can trust. We have been operating in Pattaya for many years and can guide you through the entire home-buying process. Our in-house legal, moving, and real estate management services will make it a seamless and painless process for you. Get in touch with us today!