New Property
Park Lane Jomtien Resort
Start price: 1 Million Baht for 36 sq.m. apartments. The concept and planning that went into Park Lane Jomtien Resort was the result of extensive market research within Pattaya and Jomtien areas. The intention of the research was to find out what people really needed and wanted when looking for an apartment in Thailand. Park Lane Jomtien Resort is the result of the vision and dream requirements of the buyer...
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How-to Buy
Thai law allows foreign free-hold ownership of a condo. Forty-nine per cent of a condominium block may be of non-Thai ownership, with some blocks allowing this to rise to 100% if the developer has acquired the appropriate condominium license.
Freehold or leasehold owner- ship options are available to the overseas buyer. A free- hold may be purchased if a condominium is still ...
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Investing in Thailand
Despite the recent setbacks, foremost political changes, property ownership laws uncertainty and the strong Thai Baht, the Thai property market remains one where substantial, best medium-term profits can be made, as property is still much cheaper in Thailand than elsewhere and investors can afford more for their money than in many global locations. For example, taking advantage of the possibility to buy a quality Thai home for approximately 40% of the usual costs for an equivalent property in the South of Spain.
The Thai property market ...
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Managing Your Property
The letting market is growing and growing in Pattaya. There is a greater demand than ever before so it seems. "Unfortunately" more and more people are looking for new up-market properties in prime areas of Pattaya: Yet, there are hardly any decent new houses and apartments available that would match the criteria of the potential Pattaya tenant.
There is a vast group of (often corporate) clients looking to rent for long term new houses and apartments for periods of 1 to 3 years within Pattaya.
Inquiries are flooding in, on daily bases, from tenants looking for similar types of properties in Pattaya and it is getting harder and harder to accommodate them.
What types of rental properties are wanted here in Pattaya?
Houses: Luxury 3-bedrooms (minimum) bungalows (preferred) on a secured development with an (optional-) private pool and nice garden, located not too far from Pattaya's city center and its shopping facilities. Monthly allowance: Between THB 30,000.00 - THB 100,000.00. Apartments: 2 or 3 bedroom luxury apartments with nice sea- views located in Jomtien, Pattaya city, Pratumnak or Wong Amart. Monthly allowance: From THB 60,000.00 to THB 120,000.00.
Being a property owner in Pattaya you might wonder what types of rental returns are feasible. Well; if your property is well-fitted and located on a decent development, conservatively you would be looking at a 7% - 9% net return per annum. Much higher than in most Western' countries.
If your property is located in one of the less favorable areas of Pattaya, you might not be in such a good potential position and your investment could be sitting empty for a long time or generate not even half of the earnings that you are looking for.
If you would like to evaluate the rental potential of your property why don't you ask one of the professional real estate agents what they think? Or, even better, ask a few real estate agents their opinions as well!
Their answer will usually be the same, when it comes to buying a new property to rent, always buy a good house or apartment in an excellent location with good security, management and excellent construction. Then you are well and truly on the road to a successful rental yield.
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Thai Real Estate News
In most countries of the world, property markets are hypersensitive to even the smallest fluctuations in the economic, social and political climates. This begs the questions: Why is Pattaya, Thailand so different? Why is this market so resilient? ...
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SMS us now
For your convenience, instant and efficient feedback and offering an added value to guarantee highest level of customer satisfaction, our online SMS contact service was established.
Any questions you might have in regard to investing or purchasing your domicile in Pattaya, Thailand, will be answered within 24 hours.
» Send us a SMS
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Testimonials
Read the Testimonials Iguana Group has received from Ross-Tara Co. Ltd., Obelisk International and Uni-Serv Co. Ltd., all well established and known in the Real Estate and Investment Market.
Obelisk International
We choose to collaborate with Iguana Group on the Pattaya Heights project for Obelisk International's first project in the Thailand market. The extensive experience ...
Uni-Serv Company LTD.
We at Uni-Serv Company Ltd. have been partnering Iguana Group within the Pattaya Real Estate ...
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