Purchasing a condominium in Pattaya

The purchase of a condominium in Pattaya is actually a simple and clear procedure. However, there are some things you should take before you begin.

Foreigners can own 49% of the aggregate unit space in a building.

For foreigners to come into question, in a condominium in Thailand must demonstrate (Tor Tor 3) the Department of Earth that the funds from abroad to acquire foreign currency remitted. Without such proof of the department of territoryenable the transfer of property to foreign buyers.

Please note the following the transfer of the exercise:

Transfer of funds must be in foreign currency, not only in Thai Baht are made.

According to The transfer must be from your bank account in exactly the same name sent to the sales contract.

Third Funds transferred more than $ 20,000 in order to obtain a form of Tor Tor 3.

The fourth reason for the transfer must include the remittance advice. Thisshould be "To purchase a condominium"

Fifth sure that the developer or seller sends you a copy of Tor Tor 3 for each, your transfers. If you do, you will avoid future problems. Make sure the gate was Gate 3 output correctly.

One reason for the Tor Tor 3 form is so that you can transfer money back from Thailand, if you sell.

Consider the following conditions:

Leasehold means that you do not own the property. Will only leave them outThe owner of the land.

Freehold: Gives you full ownership rights. Obviously freehold much better.

Rai is: equivalent to 1,600 square feet

An equivalent Wa: 4 square meters

Why invest in Pattaya Jomtien?

- Destination Foundation in Thailand

- Great beaches and islands

- Proximity to the new Bangkok International Airport.

- Sweeping compounds in air, road, and Laem Chabang deep sea port

- Growinghigh quality residential properties and luxury real estate market.

- Corporate general infrastructure: health, medical, commercial, international education, roads, telecommunications, utilities and services

- Location choice for many foreign buyers

- Next major weekend destination for residents of Bangkok

- Pattaya is at the heart of the province of Chonburi

- Chonburi Province is the fastest growth in Thailand for tourism and business.

However, if youcan not afford to invest now for the property in Pattaya is right, you can come to look and visits to see their investment before the feasibility of your future. By living in an apartment or guest house to reduce costs, rather than staying at the hotel.