Feb 01, 2016

Advantages of Buying a Pre-sale Condo in Thailand

As a foreigner, if you want to purchase property in Thailand the easiest option is to buy an apartment. It is possible to buy a house in Thailand, however, there are several regulations that prevent foreigners from buying land directly in their own name. Yet, buying a condo is a simple and legal procedure.

Here in Pattaya, Thailand, there are a lot of new condo developments being launched so there is a plethora of condos to choose from. You should take your time to find the most suitable condo from these options.

If you have seen all the developments available to you and you still cannot find the perfect property, then you can look into buying a pre-sale apartment. This option has a few buyers’ advantages.

Buying an apartment (for self-occupation or for rent) depends on how much time you have and what your long-term investment strategy is, you have to consider the purchase of apartments that are not yet built.

The benefits of purchasing a pre-sale apartment can give you the following:

Lower Net Cost
One of the biggest advantages of buying a pre-sale apartment is that you can save a lot of money. Upon completion, the apartment prices will rise. They gradually increase in value during construction and then they reach their premium once the condo development has construction has finished. Buying in the pre-sale condo phase, allows you to use a variety of promotions and sometimes you can buy two adjacent units and combine them to make one.
If you want to buy a lot of condo properties to become a landlord and you can have the patience to wait until the apartments have been completed, it will save you a very considerable amount of money if you buy pre-sale. If you wait until after construction of a project development has finished before you try to buy an entire floor, it will be much more expensive. You will, of course, need some capital for your initial investment in pre-sale property, in order for you to pay for the condos to be built. But most developers offer very attractive payment plans and once you start to rent the property to tenants, the return on investment will be multiplied.

Custom Design

If you really want to buy an apartments for yourself to live in, but you have not quite found the home of your dreams, the pre-sale option offers you more flexibility. As a buyer, you can customize the apartment to perfectly suit your tastes. Few people can say, "I love the layout of this condo, but I want to choose my own bathroom tiles,” etc. If you want to replace or change something to suit your own choice, you can request these things before the condo has been built and finished.

Payments
Developers of pre-sale projects usually offer competitive payment plans and many are tailored to suit the buyer’s requirements. So, not only are you able to purchase property at an affordable price, but also pay over a period of time. Typically, developers are eager to obtain sales contracts at this stage, therefore allowing you to pay in installments, instead of paying a lump sum at one time.

Low Maintenance - Low Maintenance Costs
Like a car, you do not buy a new apartment as often as you buy a new pair of shoes, but things do have wear and tear. If you buy a house or apartment and you don’t live in it for some time, the house may need some renovation before you can rent it to tenants. Old buildings have old structure and are often damaged by the wind and rain. The biggest advantage of buying a pre- sale property is that you do not need to consider renovation or repairs before you start to make money. The building is brand new with modern structure and fittings, so the only thing you need to think about is becoming a landlord and getting some of your money back.

In Thailand there are many pre-sale apartments available there are some promising new developments. Contact us at Coastal Real Estate Pattaya to find out what properties are up and coming in Thailand.

One of the most common mistakes investors make is purchasing a property without fully understanding the area. Pattaya has diverse neighborhoods, each with different lifestyles, growth potential, and demand. For example, central Pattaya offers vibrant nightlife and immediate access to the beach, while East Pattaya provides more space, value, and family-friendly communities. Conduct thorough research on the location to ensure it aligns with your investment goals.1. Not Researching the LocationOne of the most common mistakes investors make is purchasing a property without fully understanding the area. Pattaya has diverse neighborhoods, each with different lifestyles, growth potential, and demand. For example, central Pattaya offers vibrant nightlife and immediate access to the beach, while East Pattaya provides more space, value, and family-friendly communities. Conduct thorough research on the location to ensure it aligns with your investment goals.2. Overlooking Legal and Ownership ConsiderationsThailand’s property laws can be complex, especially for foreign buyers. Condominiums for sale are generally easier for foreigners to own, but land and houses for sale may involve leaseholds or other restrictions. Skipping legal advice or failing to verify ownership titles can result in costly mistakes. Always work with reputable legal experts and licensed real estate agents to ensure your investment is secure.3. Ignoring Market TrendsPattaya’s property market is dynamic, and prices can fluctuate depending on tourism trends, infrastructure projects, and economic factors. Investors who ignore market trends may overpay or choose properties with low rental demand. Keep up-to-date with local developments, such as the Eastern Economic Corridor (EEC) projects or new transport links, which can significantly impact property values.4. Focusing Solely on PriceWhile affordability is important, buying a property solely because it’s cheap can lead to disappointment. Low-priced properties may come with hidden costs, poor construction quality, or less desirable locations. Consider factors like potential rental income, maintenance costs, and resale value before making a decision.5. Neglecting Rental and Management PlanningFor investors planning to rent out their property, neglecting rental strategy and property management is a common mistake. Properties that are well-maintained, properly marketed, and professionally managed tend to attract higher-quality tenants and generate better returns. Consider partnering with trusted property management companies to maximize your rental income.6. Emotional BuyingSome investors let emotions drive their purchase decisions, choosing a property because they “love it” rather than based on investment potential. While personal preference is important if you plan to live in the property, separating emotional attachment from financial analysis is crucial when buying purely for investment purposes.ConclusionInvesting in Pattaya real estate can be highly rewarding, but avoiding common pitfalls is key to success. By researching locations, understanding legal requirements, tracking market trends, evaluating value beyond price, planning for rentals, and making objective decisions, investors can enjoy strong returns and a smooth property ownership experience. Careful planning and informed decision-making are the best tools for long-term success in Pattaya’s property market.

View details

East Pattaya – Space, Value, and Lifestyle Beyond the City Center

Sep 18, 2025

While central Pattaya is known for its vibrant nightlife, bustling streets, and premium beachfront properties, East Pattaya offers a completely different experience. With more space, better value, and a balanced lifestyle, this area is attracting families, retirees, and investors looking for comfort without the congestion of the city center.More Space for Living and LeisureOne of the most appealing aspects of East Pattaya is the generous space available. Properties here often come with larger plots of land, bigger gardens, and wider roads compared to central Pattaya. Whether you’re looking for a standalone villa with a pool or a traditional home in a gated community, East Pattaya provides room to breathe, relax, and enjoy a sense of privacy. Many buyers are exploring houses for sale in East Pattaya that offer both space and comfort.Exceptional Value for MoneyEast Pattaya is well-known for offering great value for money. Buyers can find larger homes and land plots at prices significantly lower than equivalent properties in central Pattaya or along the prime beachfront. This affordability makes East Pattaya ideal for families, long-term residents, and investors seeking strong rental yields or future capital appreciation. For those not ready to buy, there are numerous houses for rent in East Pattaya providing convenient and comfortable living options.A Lifestyle of Convenience and ComfortDespite being outside the city center, East Pattaya is well-connected and offers a high standard of living. The area has easy access to international schools, shopping centers, hospitals, and leisure facilities such as golf courses and fitness clubs. Local markets, restaurants, and cafes provide everyday convenience, while nearby beaches like Bang Saray offer peaceful escapes for weekends or holidays. Investors and developers also see potential here, making land for sale in East Pattaya a sought-after option for future projects.Emerging Communities and Investment OpportunitiesEast Pattaya is increasingly popular with developers and investors. New gated communities and boutique villas are being built to cater to growing demand. The area is also attractive for expatriates and long-term residents due to its quieter environment, ample space, and proximity to Bangkok and Suvarnabhumi Airport via the motorway.A Balanced Alternative to Central PattayaFor those who want the benefits of living near Pattaya without the hustle and bustle, East Pattaya is the perfect alternative. It combines tranquility, affordability, and convenience, making it a smart choice for homeowners and investors alike. With plenty of land, spacious homes, and a growing community, East Pattaya represents a lifestyle that balances city access with suburban comfort.ConclusionEast Pattaya is more than just an area outside the city center—it’s a destination for those seeking space, value, and a high quality of life. From family-friendly neighborhoods to modern villas, the area offers a variety of options to suit both homeowners and investors.

View details

How the Eastern Economic Corridor (EEC) is Shaping Pattaya’s Property Future

Sep 04, 2025

Thailand’s Eastern Economic Corridor (EEC) is transforming the eastern seaboard into one of the country’s most dynamic economic hubs, and Pattaya stands to benefit significantly. The EEC, a flagship government initiative, aims to boost infrastructure, industry, and investment in the provinces of Chonburi, Rayong, and Chachoengsao, creating new opportunities for businesses and property investors alike.Infrastructure Development Driving GrowthOne of the biggest factors shaping Pattaya’s property future is infrastructure. The EEC project includes major improvements in transportation, such as the high-speed rail connecting Bangkok to U-Tapao Airport, upgraded expressways, and enhanced ports and logistics facilities. These developments are making Pattaya more accessible for both domestic and international investors, increasing the attractiveness of the city for long-term property investment.Rising Demand for Residential and Commercial PropertiesAs the EEC attracts businesses and skilled professionals to the region, demand for quality housing is increasing. Luxury condos, modern villas, and gated communities in Pattaya are seeing rising interest from both Thai and foreign buyers who want convenient access to the city’s new economic opportunities. At the same time, commercial properties, from offices to retail spaces, are gaining value as companies expand their presence in the area.Boosting Pattaya’s Investment AppealThe EEC is creating a strong environment for property investment. With a growing population of expatriates, professionals, and business travelers, rental yields in Pattaya are expected to rise, especially for properties close to transportation hubs, business districts, and international schools. Long-term capital appreciation is also projected, as limited land availability in prime areas continues to drive demand.Lifestyle and Urban DevelopmentBeyond business, the EEC is contributing to Pattaya’s overall urban development. New leisure, shopping, and cultural facilities are emerging to cater to a growing population. Improved infrastructure not only supports commercial growth but also enhances the lifestyle and convenience for residents, making Pattaya an increasingly desirable location for families, retirees, and luxury property buyers.Strategic Location for the FutureInvestors looking for long-term growth are taking note of Pattaya’s strategic position within the EEC. Situated along the Gulf of Thailand and with easy access to Bangkok, Laem Chabang Port, and U-Tapao Airport, Pattaya offers both lifestyle and investment potential. As the EEC progresses, properties in well-connected neighborhoods and near key infrastructure are expected to see higher demand and better returns.ConclusionThe Eastern Economic Corridor is more than just a government project—it’s reshaping Pattaya’s real estate landscape. With improved infrastructure, increased business activity, and rising demand for quality housing, Pattaya is poised for sustained growth in both property values and rental opportunities. For investors and buyers seeking both lifestyle and financial returns, understanding the impact of the EEC is key to making smart decisions in Pattaya’s evolving property market.