Thailand attracts millions of visitors each year, who are captivated by its amazing culture, tropical climate, and the opportunity to have fun. It provides somewhere affordable compared to many other popular destinations with its growing infrastructure, including many attractions, being among the features which attract those from around the world.
There is little wonder that among those visitors, some will want to spend extended time there, either realising that there is the possibility to work remotely from the Land of Smiles, to enjoy more holidays or even to retire there. Rather than booking into hotels each time, or renting, it makes a great deal of sense to buy, especially when spotting luxury house for sale Pattaya online. Here are some top tips to follow when making such a purchase.
Working out exactly why the house will be bought is important as it might have implications if it is a foreigner who is making the purchase. Thailand has many complicated regulations which require adhering to, which means expert advice through a lawyer or real estate agent is advised. Maybe enquiring whether it is possible to rent out the house when it would otherwise be unoccupied to provide additional sums to pay for the property might be beneficial. Again, a professional management agency would be the best route to take under these circumstances.
Plenty of research should be carried out before buying, which should include checks as to its location, which can be critical in determining whether the house retains its value. For instance, if it is well served by good transport links but still provides tranquillity, it will be a far more attractive investment than somewhere that might be remote or hemmed in by future developments. The Pattaya landscape is forever changing, so finding out about what is in the pipeline from those in the know is wise. Maybe the value of the house might be increased through the addition of a cast iron bath.
It is always wise to make a list of the priorities for the luxury house. Things like finding out if it has the number of rooms that are required and if it is fitted out as desired can save money on refurbishment. Some might want a house with a pool, while others may enjoy a garden to offer an attractive exterior. Important financial matters like how many service charges are likely to be paid each month might change a decision.
Nearby amenities should also be considered, including some of the superb restaurants that Pattaya offers. However, it is a city with lots of entertainment for visitors and locals to enjoy, so noise could be an issue and should be checked out if anyone who might have a long-term retirement visa wishes to avoid it. Working with a leading real estate agent will cover much of the required due diligence.
Buying a luxury house in Pattaya offers many attractions to those looking to enjoy life, but it is important to be careful when making a purchase.