Coastal Real Estate May Newsletter
Hello, and welcome to the May issue of the Coastal Real Estate newsletter.
Hopefully the rainy season will bring us a respite from the hot temperatures we have been experiencing throughout Thailand and bring the water that is much needed by the people in the Northeast, who have been especially hard hit by the drought.
We have had quite a few closings over the past few weeks so hopefully this is a sign that things may begin to pick up.
Many people think that the high season is our busiest time but in fact the low season seems to attract more serious buyers, so now is a good time to really market your property if you are selling or renting.
Give us a call or send us an email if any of your propertie's details have changed. It might be a good idea to let us take some new photos of your property just to refresh the listing.
We have some very nice properties selected for you this month so lets get started.
City Garden
Our first property this month is in the City Garden development in Central Pattaya.
City Garden is a very popular development and the units are an excellent investment as they are easy to rent. The building is popular with both short and long term residents of Pattaya. Its excellent location provides easy access to all of Pattaya’s amenities so there is no need to own a car or motorbike.
This particular unit is a beautiful 69 square meters and has two bedrooms and one bath. It has been nicely finished and well decorated providing a comfortable, relaxing atmosphere.
Communal facilities at City Garden include a pool, fitness center, covered parking and security.
Look here for more images and details.
This excellent investment property is attractively priced at only 5,500,000 Baht.
Substantially Reduced!
Jomtien Beach Paradise
You may have seen this property in one of our Facebook or twitter posts.
It is an absolutely gorgeous two-bedroom condo on Jomtien Beach Road. It is a spacious 156 square meters and is in foreign ownership. It has been very well finished and furnished with high quality furniture. The unit offers excellent views of Kho Larn, the sea and Jomtien.
This luxury condo has just been substantially reduced in price for a quick sale and the owner will consider reasonable offers.
For more images and additional details click here
Offered for sale at the new low price of 5,500,000 Baht.
This Month’s Featured House
This month’s featured house is a spectacular three bedroom, three bathroom home in East Pattaya.
This amazing 250 square meter oasis is set on a beautifully landscaped 446 square Wah plot of land and features a large private pool and plenty of space for outdoor living and entertaining.
The house has been very well decorated and the large European style kitchen is well appointed with everything you may need.
The large windows offer excellent views of the grounds providing a comfortable atmosphere. This gorgeous estate is priced at 18,900,000 Baht. For more images and details please visit our site.
Other Fine Houses
Private House
Our next house is a five bedroom, three bathroom, two storey fix-er-upper just across Sukhumvit Road in East Pattaya. Its location allows easy access to highways and the bypass road and is perfect for those working north of Pattaya who want a house without the long drive in traffic.
It has been nicely styled with beautiful woodwork and spiral staircase and is fully furnished. All it needs now is a bit of a refresher and it could be something really special.
There is a nice private pool and plenty of room for outdoor entertaining.
Offered for sale at the low price of 4,500,000 Baht. For more images and information please click here.
View Talay Villas
Drastically Reduced
This is without a doubt the best deal in Jomtien and maybe all of Pattaya at the moment.
A beautiful one bedroom, one bathroom house for sale in the View Talay Villas development in Jomtien.
The house is beautifully decorated and has a European kitchen. The bedroom has a view of the swimming pool.
The View Talay Villas development has a large communal swimming pool, garden, 24 hour security guard and key card access. It is close to local shops and the market as well as bars, restaurants and Jomtien Beach.
This house is an excellent investment property as the homes in View Talay Villas command high rents.
Drastically reduced to the low price of 4,500,000 Baht. For more information and images please. click here.
Jomtien Beach Condotel
Our featured condo this month is a spacious two bedroom, two-bathroom condo at the Jomtien Plaza Condotel. The 152 square meter unit has 2 balconies, one on the Pattaya bay side, and the other one faces beautiful Jomtien beach.
The condo is in excellent condition and is fully furnished with an elegant style decor. The master bedroom comes with a king-sized bed and en-suite bathroom with bathtub. The guest bedroom offers twin beds and a separated bathroom. There is also an office and large European style kitchen.
Over 5 years ownership means lower transfer fees. This beachfront condominium offers 24-hour security, swimming pool and more.
Offered for sale at 8,500,000 Baht. For more photos and information please click here.
Pattaya Real Estate Market
Last month we asked our readers to take a short survey to get their thoughts about the Pattaya real estate market.
While we were not overwhelmed with responses we would like to thank those of you who took the time to take the survey.
Generally speaking there is a slightly pessimistic attitude to the current market in Pattaya and about 33% of those who sold a property in Pattaya over the last 6 months reduced their original price.
With that said, 40% of those taking the survey who purchased a property within the last 6 months did so for investment purposes, so there are still people looking for solid investments.
An overwhelming 91% of the respondents feel that Pattaya is overbuilt with condos at the present time.
Finally, the majority of respondents answering the survey thought that real estate prices would remain steady or increase over the next year and 25% think prices will decline.
Upcoming Events
Coronation Day | May 5th |
Coronation Day observes the crowning of King Bhumibol Adulyadej the Great of the Chakri Dynasty. He is the worlds longest reigning King (June 9, 1946 – present.
World Durian Fruit Festival (Chanthaburi) | May 21st – 29th |
The 2016 World Durian Fruit Festival is a smorgasbord of tropical fruits, some of which can only be found in Thailand. Come on inside and take a look at what you can expect from this delicious event.
Visakha Bucha Day | May 20th |
Visakha Bucha (Vesak) Day celebrates the birth, enlightenment, and entry to nirvana of the Buddha. In Chiang Mai, thousands ascend on an 11 kilometer pilgrimage to the temple atop Doi Suthep to commemorate the life cycle of the Buddha.
Featured Rental
Greenfield Villas 5
This month’s featured rental is a four bedroom, five bathroom, 280 square meter, two-storey house in the Greenfield Villas 5 village in Nong Palai. The house is well finished, beautifully decorated and fully furnished.
The house is set on a 176 square Wah, well-landscaped plot with plenty of room for entertaining or for children to play in.
Greenfield Villas 5 amenities include a large communal swimming pool, clubhouse, 24 hour security and more.
Offered for rent for 80,000 Baht per month. Click here for more images of this home.
If you would like to learn about properties like this as soon as we get them follow us on Twitter at Coastal Real Estate @Coastal_RE
Other Fine Rentals
Below, is a selection of some of our latest rental properties that are currently available, they are situated in different locations around the city, but all of good quality and are Coastal recommended. All prices shown are with a 1-year lease.
Cetus Beachfront 27,000 Baht per Month | Avenue Residence 25,000 Baht per Month |
Apus 28,000 Baht per Month | Pattaya City Resort 23,000 Baht per Month |
Greenfield Villas 3 15,000 Baht per Month | Atlantis 13,000 Baht per Month |
Baan Suay Mai Ngam 23,000 Baht per Month | SombatGreenfield Villas 3 30,000 per Month |
Final Thoughts
We hope you enjoy reading the newsletter and welcome your thoughts and suggestions on how to improve it.
We continue to remain optimistic about the Pattaya real estate market and are confident that it will bounce back again.
If you would like to stop by our office and chat with one of our staff about the best way to promote your property in this market please feel free to do so. Our door is always open for clients and friends.
If you have a property listed with us and it has recently become available or had a change in the price, please let us know so we can update our site.
As always, thank you for reading the newsletter and remember to contact me personally at kevin@coastalrealestatepattaya.com if there is anything I can do for you. Alternatively, stop by our office on Soi Diana next to Megabreak.
Kevin Mattson
Coastal Real Estate
Phone
+66 (0) 81-269-0742 Mobile
+66 (0) 38-421-580 Soi Diana Office
+66 (0) 38-190-925 Soi Siam Office
E-mail
info@coastalrealestatepattaya.com
Website
www.coastalrealestatepattaya.com
Office locations
216/62 Moo 10 (Soi 13) Soi Diana, Central Pattaya
Or
519/163-164 Moo 6, Soi Siam Country Club
(entrance to Chok Chai Village 10)
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