Pattaya Property: Incredible Bargains You Can't Afford to Miss! Less than 2mil Baht!
ฝัง
- เผยแพร่เมื่อ 24 มิ.ย. 2024
- 3 Condos all less the 2mil Baht and located in nice areas, take a look what's on offer now!
Pattaya has so many properties available, and people are always looking for a great deal. Well, look no more! Martin from Cornerstone has these incredible properties available here in Pattaya at prices that simply can't be beaten.
If you are genuinely looking for a property in Pattaya, whether for a home or a rental opportunity, these discounted properties are truly unbeatable. Take a look at these stunning places, and you may just find the deal of the decade!
Don't miss out on these incredible Pattaya property bargains - they won't be on the market for long. Act fast and secure your slice of Pattaya real estate at an amazing price.
Buying a condo in Pattaya can be a great investment opportunity, but it's important to consider several factors before making a decision. Here is a brief overview of buying a condo in Pattaya:
1.Foreign Property Ownership: Foreigners are not allowed to own land or houses in Thailand, but they can hold title to 49% of above-ground apartments in a single building.
2.Location: Pattaya offers various locations to consider when buying a condo. Some popular areas include Pattaya City, Wongamat Beach, and Jomtien Beach.
3.Cost: The cost of condos in Pattaya varies depending on the location and amenities. On average, expect to pay around $3,000 per square meter.
4.Fees and Taxes: When buying a condo in Pattaya, there are certain fees and taxes to consider. These include maintenance fees, property taxes (which are low), a transfer fee based on the property's value, and a stamp duty tax paid by the seller.
5.Investment Potential: Pattaya's condo market can be volatile, but it offers potential for rental yields ranging from 3% to 5%. However, it's important to note that capital appreciation potential in Pattaya is minimal compared to other Asian real estate markets.
Links for todays video
1.Nova Ocean View
bit.ly/45GNb3Z
2.Angket Condo
bit.ly/3VBBffj
3.Paradise Park
bit.ly/4eFhpZe
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Buying at 2m baht compares to 133 months (11 years) renting at say 15k. Great value properties, but Thais don't like second hand, so don't expect the value to increase over time.
I get ya mate and yeah good value
The value can't increase due to so many condos STILL being built. Supply and demand rules apply, and there's too much supply for the demand. I'd rather keep my 2 million baht invested elsewhere, and rent one of these condos at a knock down price. If they ask for 15000 per month then offer 10000. They'll bite your hand off.
That pool area in the 3rd condo is a stunner!
mate I was shocked myself, was really nice
TB1.95M equals £41,801 currently. Which isn't a great deal of money for one bed flat (condominium) in the tropics. However long term rentals with pool, gym and room cleaning are found for between B6000-10,000 a month, which is about £112- £214.
Now my point being is for me being mid 50's and drinking and smoking for most of my adult life, also taking into account the three-score-years and 10 life expectancy, then I believe rentals are the way to go. Also if you remain a citizen of your Western origins, then think of the additional complications involved in sorting your estate upon your death that will occur. If you're under 40ish I'd probably buy outright, considerably over, then rent.
Not being a professional/qualified financial advisor my advice is free😆
I get ya mate, maybe something to pass on if you have family
@@Buzzinpattaya No Trev, you clearly don't get me. I did explain about the complications of the estate being passed over to family back in your Western origins.
If you have Thai children, then yes it's far easier to bequeath property to them than overseas. But I clearly didn't mention that 😆
Chill out mate you don’t have to buy the condo
Good points.
take it from me STOP SMOKING , VAPING N. O. W I NOW HAVE ... COPD ... AND 3 SCORE AND 10 WILL NOT WORK WITH THIS , I'M 71 AND HAVE ABOUT 5 YRS LEFT if I'm lucky !!!
This is a nice place. Cornerstone has always been decent to me.
Got to tell you though. The world is on fire at the moment and many changes are even going on around here as you know. My opinion and just me talking here is Id just rent. Its not the UK or US. Rent is very affordable and keeps you loose and easy to leave if things here go South... Governments change and so do rules.. Were only guests here...I just keep it in mind...
All the best!
Yeah they are very reliable
Loved this video Trev...I will use Martin when I sell my house in Ban Chang and buy a condo in Jomtien...but I gotta say the current status of Thai Real Estate is terrible. While foreigners pretend to be isolated from the recession in Thailand the Thai people are struggling....car repos and home repos are way up. You could easily see a 50% reduction in Real Estate values soon...especially existing properties. The reason they increased foreigner condo ownership to 75% is because Thai's can't afford to buy....I'm not trying to scare anyone but I've got 30 years experienced as a broker in the USA and seen similar things in America around 2008....and been hanging around Thailand since 1996...Love the place...anyways I'd wait to buy...rent a year and see how it plays out.
cheers mate and yes he is very professional
There must be a massive over supply? Thai govt announces possible larger percentage ownership, even admits over supply. Now this info on " cheap condos"
Pattaya is tremendously over supplied- who controls the maintenance fees and charges? Who monitors the funds and how they are spent and if invoice costs are fair charges?
I know guys who bought similar a decade ago- pretty sure they paid 2.5 even back then? Their units must look old by now I guess.
I dont know why someone wants to buy, with massive supply, one can hold onto their cash, take bank deposit rates of 5% and not have any of the headaches. Also this method gives the punter the option of living in old or new premises.
Is there 35% tax on the money being bought in?
Always worth a look
Great vid Trev. This is exactly what l asked for since your reality vid. Thank you and Martin. Keep up the good work
Glad you enjoyed it
Halfway to the weekend podium challenge 🏃♂️
Smashed it mate BOSH
Love these videos thanks to you and Martin.
Glad you like them!
@@Buzzinpattaya Very helpful I am planning now. Can you please talk about or ask Martin what the operating costs, taxes, maintenance/condo fees, etc. are? I’m having trouble finding credible information on how that works. Much appreciated 🙏
Coming to Pattaya. Where to stay as good all rounder for property and fun stuff.
Best ask in Discord, so much help and info in there mate discord.com/invite/QuMkdKn2
Martin and his team at Cornerstone are the best realtors in town.
very professional
Awesome information
Thank you 🙏🏻
Glad it was helpful!
Nice place but there are too many condos in Pattaya so the rule of supply & demand ensures they are not worth much.
Okay
1.5 million is around 12 years rental payments, so age is a consideration, and the fact you could be stuck there in one place for years, if you buying it to rent out, going to be a long time before you get your money back, renting is still best for most people.
Yeah I get you but you can always rent it out as an investment
Love you did a low price condo video mate, if you going to live there you might want your own place, and then investments wize later on you can never know those things, so lovely video much appreciatig 👍😜
cheers mate
EXCELLENT VIDEO AGAIN GOOD SIR!
Thanks again!
Great video Trev, very helpful. I will definitely be in touch with Martin, closer to when my medical discharge goes through.
Cheers mate
Nice
thanks
Yeah Pattaya like Phuket is being frequented by a lot of Russians, Indians and Chinese now. And that is fine of course. But I just prefer Hua Hin, which still have a better balance of all nationalities. Or you can claim that Phuket and Pattaya now is more balanced in order of world population, and Im just an old fart who like everything more in the old days 🙂
Cheers mate
Trev & Martin great video. Those apartments were definitely valve for money.
Thanks for that mate cheers
Great video injoy watching.. 😁👍📹
Thank you 👍
Great video!
How long have Martin been at Cornerstone? How long Cornerstone been in business? Do they represent any other location in Thailand?
I think about 15 years
As soon as I saw those Union Jack cushions, I knew you’d bring them up, Trev! 😅 .. I really enjoyed seeing those apartments; the Price Point, The views it was all quite interesting.
Couldn't resist hahaha
As an Airbnb investment, they're good.
Agreed
My yearly net rental income in Pattaya is 6%. Can’t complain.
fair one
You should inform us what the monthly sevice charge is for each condo.
People forget that and it is usually 1200 baht plus per month.
I will ask next time thank you for the suggestion
7:39 Ahh, beautiful pool! 🌞🏖
Was lovely
Like the look of the one
Cheers mate
I like the 2nd condo the best. Good value and a nice view.
yeah was nice mate
Expect prices to bottom out if the government pass law to allow transfers from Thai to foreign ownership of condominium currently 51% Thai - 49% foreign ownership .
Let's see mate
I probably missed it, but do the prices include the furnishing?
Well done informative video. Interested in seeing what is possible long term. Thanks.
yes in general mate
good looking unit that studio , good size
Sure is
Great stuff lads.Can you rent them out when your not in the country? or is that a legal minefield?
yes mate you can
If the Australian dollar rate was as high as the US or the pound, I might consider buying a condo whether it be Thailand or Philippines
Fingers crossed it works itself out soon mate
Good value properties
Indeed
1st one if I was looking but 8 yrs ago bought a house for 600,000 baht up north.
Fair one mate
Nice video, 👏🏻🇺🇸
Thank you
@@Buzzinpattaya no problem, I subscribed maybe a year ago+ You got good info, and videos 👍
The 2nd property for me all day long.just for the wrap around balcony
yeah was nice
Hi Trev.
Does it work out cheaper if I am able to buy a condo under Thai ownership? ( I am able to do this).
Cheers
No mate it means a Thai can purchase land
Yes in certain cases you can buy a similar unit in the same building that is under Thai quota. They do tend to be slightly less as a foreigner tends to only wish to view the foreign ownership units
@@CornerstoneRealEstate Cheers. My Son is a Thai citizen and I am able to purchase under his name.
Pool in that last place was great for the value of the condo
absolutely
IN my 10 years in Thailand I never ever met a farang who made any baht on trying to sell his property,most take a loss to leave Thailand or just give it to his ex-wife and her family.Don't buy,just rent.You will be stuck in one place an can't really move around.Thai's won't buy your place either,it is used.
I know many who made money as well, yes some as you said lost money, but in fairness it's a risk we all take
Is there body corporate structure for condominiums?
Need to ask Martin as not sure mate sorry
Just a query, here in Aus if I make an offer on a property I include a commonly used phrase: 'subject to building and pest inspection'. I would then arrange a professional inspection for structural integrity, pest infestation, etc. How would I go about doing this in Thailand? Cheers
I get ya mate
We have a similar clause in the UK but the term 'pest inspection' refers to neighbours who might cause a problem in the future.
Chat with the realtor maybe. He doesn't get ya!
How dependable is the power grid in Pattaya
pretty good mate
You can get pretty good power out of the electricity sockets.
Great prices Trev I love pratamnak area best where do you like best living
Me personally the Eastside, it's more real and few tourists
@@BuzzinpattayaIs East Pattaya really practical if you don’t have transport
I might buy a place like this for a rental property but it's too small for me to live in.
Rental project works
If you can get it rented out. There are a lot more units for rent in the area than there are people wanting to rent.
1st one quiet until they start building across the road.
2nd one no one overlooking you. 90 balconies overlooking you.
3rd one how much would that cost in your country. Probably a lot more, but the people in my country earn a liverble wage, not 400 baht a day.
Wow what a positive outlook lol 😂😂
Glad you are enjoying/enjoyed your time in Thailand.
@@ifh4030 you don't have to pretend everything is perfect to enjoy living somewhere
Number 2 & 3 look good. Makes a change seeing affordable options rather than most TH-camrs doing expensive flash looking condos, probably for their own enjoyment rather than informing others what is available on the market
3:55 Eww the stain on the Bed Board 🤑
Hahahaha
Paradise park ❤
indeed
Hey trev .off topic . The best person to ask is you.. the girls on soi 6 at the front promoting.like the ones you see along the street.. can you bar fine them..???
Most yes mate
@@Buzzinpattaya and when you agree on ST or LT price . Do you pay upfront or in the morning.???
Yeah nice I’ll have two 😊😅
5555
What are the additional fees on top of the price. Very interested
Please ask Martin
The main cost would be the Land Office fees to transfer from the current foreigner to yourself. On all 3 it would likely cost around 100,000 Baht total which is split 50/50 between you and the seller (so about 50k), The yearly condo fees are all under 15,000 Baht Per Year
@CornerstoneRealEstate Thanks for the information. Looking to visit with a view to seeing a few units in September.
Looking for investment to rent out.
Will contact to closer to the visit, to see what's available.
Are there ever condos with Tennants for sale?
@CornerstoneRealEstate thanks
Do you have any condos in that price range with sitting Tennant
Interested for investment
IMO the studios are better as the wall in the 1 bedder always takes up too much room
I get ya
Decent to the money I nust say
Personally I thought they were good value
I'd be keen to know if they have many condo's for us cripples (at times in wheelchairs)
Most have lifts so access should be okay
I would advise not to buy a condo in Thailand and especially the Pattaya area. You would be better off keeping your money in a high interest bank account in your home country and then just rent a place. Much easier to move if for some reason you don't like where you are at.
I guess but it's horses for courses mate, I know many who own and are happy
@@Buzzinpattayaabsolutely Mate. Very good investment in my case.
I can get retirement visa in Philippines military one for cheap and Cambodia I believe cheaper if I’m wrong please correct me and I’ll add a place in Thailand to my already one in the Philippines
Fair one mate
The last one is only 38K in euro's.... That's cheap, even when it's not that big...
Yeah good prices
@@Buzzinpattaya Next year ill come back to Thailand again.. (was there this year too) And just planning to buy a condo there...
TBH 49% is still NOT ownership IMHO!! So how does that work out? In some EU countries (like Hungary where foreigners are not allowed to own property either) you ARE allowed to OWN 100% of a LTD (or somthing alike!) that has 100% ownership of a propery. Making you 100% owner, but with a U turn (and extra €€'s for fees and ltd costs). How does that work out in Thailand?
BTW great VIDEO !!!
BTW2: what I miss wrt some infos is the following:
1) what are Martin's (or company he works for) fees and who pays for that?
2) is there something that resembles a HOA (and I mean EU style not US style! more like Canadian STRATA)?
3) what exactly are ALL recurring and/or one time fees exactly?
I see Martin does know a LOT (and that's great!), but I'd like to know for sure that everything's covered (incl. silly tax things that might occur!).
49% of the condos, so you own it out right
You don’t own 49% of the condo 😂 you own 100% but in any condo block at least 51% of the individual units must be Thai-owned.
Wan put podium attempt
On it mate
1.5m baht is a good deal. Wouldnt even get you a garage in london.
I totally agree
@@Buzzinpattaya if you spend few months there well worth it to have your own place.
What’s Soi 6 ?
A street in pattaya full of girly bars
Soi= road and 6 = number, so road 6. The one in Pratumnak is not the same as the one in Pattaya.
Great place for afternoon nibbles
A street in Pattaya
So one needs a Thai bank account to buy one ?
its very easy to open a thai bank account , and in todays society money has to be accounted for to maake sure its not been laundered especialy when its large amounts
not always mate you can transfer to the owner or agent
Very interesting, thanks Trev. It would be interesting to see what youd get on the luxury end of things, 5-10 million baht if possible...
Thanks for the idea!
✌
Cheers mate
See the professor at University. The libraries there have all das Antwerps.
cool
Problem is retirement visa
See Mark at One Stop Visa Services in Soi 6
@@Buzzinpattaya thank you I will do currently in the Philippines I’ll honestly hop over have a great night
cheapest I heard of well apartment to buy £12,800 or rent £108 per Month crazy
Cheers
2 nd
Morning mate
God I wish I could leave now all 3 is worth what there asking considering places like these in the states would all be over a 100 grand all 3 each under 60 grand
Absolutely mate
I have heard if u buy a condo if the owner sells the land he can knock it down &I am left with nothing is this true good luck on Sunday I think u need a miracle I would be happy to buy a condo it would do me I would be on the beach mot of the day r in the pool 😊😊😊
Very unlikely that will happen mate
Please make sure to mention if washing machine hook-up is available if there isn't a washing machine!
I did show the machines and also the laundry mart
waiting on that damn new 5yr DTV.... cmon govt hurry up!
Haha
i reckon id just live at march hotel
Nice one
you forgot to say tax free ☺
Gotcha
👍🏼🍻🇦🇺
Morning mate
They say a man doesn’t go by how tall it’s length 😊😊 after ur treatment u could be a winner don’t make a blog on this he is just a big fella a man built to play rugby 🏉
cheers mate
whatvoceam
ok
only 500 SUBS to go young fella .. I heard you will be putting on free piss and body slides for all the punters at a gogo club 55555555
55555 love these rumours hahahahah
@@Buzzinpattaya 555555555555555555
Question: Do these overpriced units include your cut Trevor, or is this charlatan paying you upfront?
Lol honestly have a word with yaself, geeze
Some people will do anything for a couple of quid.
lol meaning?