UA-610852-2 Issue 140|Retire to Pattaya Thailand UA-610852-2

Retire to Pattaya Thailand!

 

Issue 140

If you're going to buy in Pattaya...

Buying a home, especially in Thailand, is more emotional than a logical decision.

Something driven by the heart not the head.

And for many Thai expats, and those soon to-be, purchasing a residence here is an idea that won't go away--
nor an argument that ever ends.

http://retiretopattayathailand.com/Pattaya-Thailand-Property-Real-Estate2.html

So if you're going buy, in spite of my concerns, here's some ideas to protect your self:

1) Buy a condo NOT a house.

The main reason-you will NEVER own a house/land in your 'name' in the Kingdom while condos can be legally be in YOUR name.

http://retiretopattayathailand.com/Issue-107.html

2) Only consider property NEAR the main part of the city and, ideally, something with a view.

Condos with a view and EASY access to bars, shopping, and restaurants will likely always have demand.

http://retiretopattayathailand.com/Issue-103.html

3) Use a Thai lawyer.

They can help with document translation, confirm clear title, and ensure a smooth transaction.

Either of the two expat clubs can provide referrals.

http://retiretopattayathailand.com/Issue-134.html

4) NEVER, EVER invest more than you can walk from.

Be prepared, someday, you will may to walk from your property--NEVER to return.

A 100% loss thus consider carefully how much you spend.

http://retiretopattayathailand.com/Issue-109.html

CONCLUSION

Buying property in Thailand CAN work out-but ALWAYS protect your downside.

Although Pattaya may seem like a paradise now, in the next 5 years you and the city will both change.

Is this a good risk for you and your money?