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Buying Property In Pattaya, Things to consider when buying Real Estate in Pattaya Thailand
fivestar
post 2009-11-19 08:57:55
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QUOTE (Jimmyd @ 2009-11-14 08:39:53) *
I just stumbled across this thread. I am quite shocked by it.

Benchmark, I don't think you are well served by this thread. It appears to be an advertisement for you. I, for one, would be very wary of doing business with you because instead of advertising in a straighforward way, through an ad, you instead try to make this seem to be just a normal thread. I believe this seems underhanded and does not reflect well on you.

If I were you, I would ask the moderators to remove this thread and would stop advertising in this manner--I really think it does a lot more damage than good.


Come on guys...give Benchmark a break.

His "Threads" are causing a lot of interest!

Regards
Robert
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benchmark
post 2009-11-19 10:03:28
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QUOTE (fivestar @ 2009-11-19 08:57:55) *
QUOTE (Jimmyd @ 2009-11-14 08:39:53) *
I just stumbled across this thread. I am quite shocked by it.

Benchmark, I don't think you are well served by this thread. It appears to be an advertisement for you. I, for one, would be very wary of doing business with you because instead of advertising in a straighforward way, through an ad, you instead try to make this seem to be just a normal thread. I believe this seems underhanded and does not reflect well on you.

If I were you, I would ask the moderators to remove this thread and would stop advertising in this manner--I really think it does a lot more damage than good.


Come on guys...give Benchmark a break.

His "Threads" are causing a lot of interest!

Regards
Robert


Thanks Fivestar, that's a Fivestar comment. It seems like the market is starting to pick up isn't it? I have heard that couple of Pattaya Real Estate agents have recorded sales. No matter what things are moving ahead here in Pattaya.
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pkrv
post 2009-11-19 21:33:12
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I think some of the guys on this thread may not quite understand how you can be used, and I am sorry that is the term I would use.

Normally I would PM you but I am going to put my balls on the line and openly try this, for the moment a hypothetical exercise, the time is not right for us to consider Pattaya.

We are a Farang/Farang couple we already own a Farang quota condominium in Bangkok. It is somewhat elite we own one of the cheapest units, its is worth about 25m THB. The unit we chose was in the first bank of units to sell out first, prices are on the web site. The Park continues to operate its own sales operation and given the penthouses were worth 80m back in 2005 I don't blame them for this revenue stream.

http://www.theparkresidence.co.th/

or you can independently view/review at

http://www.prakard.com/default.aspx?g=topics&f=5

It was dipping our toe in the water.

A hypotetical exercise (for the moment).

I no longer wish to drive. The porsche was broken into too many times, I prefer the BTS (in Bangkok), Taxies, Limos and in Tahiti Le Truck or in Thailand A Baht Bus or Tuk Tuk (outside of a city), and trains esp airport expresses (I already know there is no train link between Bangkok and Pattaya).

I would wish to keep some aspects of Pattaya at bay/at a distance but I am not sure I could cope with a sleepy town like Hua Hin, I am a mega city type of guy.

So access to the shops restaurants etc are critical (even for a beach home)

I would want to be on the beach - that would be the main point.

Price say 10m + for a Farang quota condominium only.

What would you suggest?

Edit not off the plan this time round just somewhere to relax

This post has been edited by pkrv: 2009-11-19 22:00:21
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benchmark
post 2009-11-20 09:23:00
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QUOTE (pkrv @ 2009-11-19 21:33:12) *
I think some of the guys on this thread may not quite understand how you can be used, and I am sorry that is the term I would use.

Normally I would PM you but I am going to put my balls on the line and openly try this, for the moment a hypothetical exercise, the time is not right for us to consider Pattaya.

We are a Farang/Farang couple we already own a Farang quota condominium in Bangkok. It is somewhat elite we own one of the cheapest units, its is worth about 25m THB. The unit we chose was in the first bank of units to sell out first, prices are on the web site. The Park continues to operate its own sales operation and given the penthouses were worth 80m back in 2005 I don't blame them for this revenue stream.

http://www.theparkresidence.co.th/

or you can independently view/review at

http://www.prakard.com/default.aspx?g=topics&f=5

It was dipping our toe in the water.

A hypotetical exercise (for the moment).

I no longer wish to drive. The porsche was broken into too many times, I prefer the BTS (in Bangkok), Taxies, Limos and in Tahiti Le Truck or in Thailand A Baht Bus or Tuk Tuk (outside of a city), and trains esp airport expresses (I already know there is no train link between Bangkok and Pattaya).

I would wish to keep some aspects of Pattaya at bay/at a distance but I am not sure I could cope with a sleepy town like Hua Hin, I am a mega city type of guy.

So access to the shops restaurants etc are critical (even for a beach home)

I would want to be on the beach - that would be the main point.

Price say 10m + for a Farang quota condominium only.

What would you suggest?

Edit not off the plan this time round just somewhere to relax


Hi PKRV, My recommendation to you is Royal Cliff garden Condominium. For around 14M or 15 M you can find a good unit now. The prices in this building were much higher few years ago. One of the few buildings in Pattaya over the last few years retained it's value and rental potential. It fits your profile. I can send you some good offers there if you like and a detailed description of the place. It's located right on the beach with beautiful surroundings which is the entry way to the Royal Cliff Beach Resort. I have a good long term relationship with the owners here because we do a lot of corporate rentals in these buildings. There are 4 main condo buildings in the compound. Residents are mostly foreigners and others wealthy Thai owners from Bangkok who spend weekends sometimes. People like the owner (Director) of the Bangkok Bank are owners here.Many other high profile wealthy people (foreign/Thai) own units in the compound. Some of the units with the double view over the Pattaya bay are simply breathtaking. A must see building if you are buying a high-end condominium in Pattaya.

This post has been edited by benchmark: 2009-11-20 09:48:19
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pkrv
post 2009-11-20 17:33:48
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QUOTE (benchmark @ 2009-11-20 02:23:00) *
Hi PKRV, My recommendation to you is Royal Cliff garden Condominium. For around 14M or 15 M you can find a good unit now. The prices in this building were much higher few years ago. One of the few buildings in Pattaya over the last few years retained it's value and rental potential. It fits your profile. I can send you some good offers there if you like and a detailed description of the place. It's located right on the beach with beautiful surroundings which is the entry way to the Royal Cliff Beach Resort. I have a good long term relationship with the owners here because we do a lot of corporate rentals in these buildings. There are 4 main condo buildings in the compound. Residents are mostly foreigners and others wealthy Thai owners from Bangkok who spend weekends sometimes. People like the owner (Director) of the Bangkok Bank are owners here.Many other high profile wealthy people (foreign/Thai) own units in the compound. Some of the units with the double view over the Pattaya bay are simply breathtaking. A must see building if you are buying a high-end condominium in Pattaya.


Thank you benchmark for a very professional response - I have said before Pattaya is a big place and we have limited time to explore as we are still both working.

You seem to have understood my requirements perfectly, and I note the web site

http://www.royalcliffcondo.com/_sale_rent/condos.html

Yes I can research, but this is not a substitue for local knowledge. I note independently there are not that many units for sale.

It looks like Pattaya has the potential to give us what we want.

In a way I have sort of shifted you to my pending pile - The time is not right for us to buy just yet, I am not being rude, quite the opposite infact.
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seanog
post 2009-11-20 17:37:27
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Try this one www.talaysawan.com or www.bangsaray.com

This post has been edited by seanog: 2009-11-20 17:40:24
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pkrv
post 2009-11-20 18:13:59
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QUOTE (seanog @ 2009-11-20 10:37:27) *
Try this one www.talaysawan.com or www.bangsaray.com



Very, very nice. Unfortunatly As a Farang/Farang couple we can't buy it without jumping through far too many hoops for my tastes. I can cope with a condo.

http://www.talaysawan.com/

And a good web site. A lot of very good information on the area.

http://www.bangsaray.com/


I found this of interest

http://www.bangsaray.com/places.php

Thanks
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loverboy44
post Yesterday, 2009-11-21 06:39:56
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So sorry that you can't find the right place to buy!
I will put some candles for you in the church!
Have to fly some miles but you are worth it.
Is this a post the moderators can delete too?
I am only nice!!!!!
I wish everyone all the best with property purchases in Thailand!
If you go with Benchmark you can not do anything wrong!
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dickie58
post Yesterday, 2009-11-21 07:04:19
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QUOTE (pkrv @ 2009-11-20 17:33:48) *
QUOTE (benchmark @ 2009-11-20 02:23:00) *
Hi PKRV, My recommendation to you is Royal Cliff garden Condominium. For around 14M or 15 M you can find a good unit now. The prices in this building were much higher few years ago. One of the few buildings in Pattaya over the last few years retained it's value and rental potential. It fits your profile. I can send you some good offers there if you like and a detailed description of the place. It's located right on the beach with beautiful surroundings which is the entry way to the Royal Cliff Beach Resort. I have a good long term relationship with the owners here because we do a lot of corporate rentals in these buildings. There are 4 main condo buildings in the compound. Residents are mostly foreigners and others wealthy Thai owners from Bangkok who spend weekends sometimes. People like the owner (Director) of the Bangkok Bank are owners here.Many other high profile wealthy people (foreign/Thai) own units in the compound. Some of the units with the double view over the Pattaya bay are simply breathtaking. A must see building if you are buying a high-end condominium in Pattaya.


Thank you benchmark for a very professional response - I have said before Pattaya is a big place and we have limited time to explore as we are still both working.

You seem to have understood my requirements perfectly, and I note the web site

http://www.royalcliffcondo.com/_sale_rent/condos.html

Yes I can research, but this is not a substitue for local knowledge. I note independently there are not that many units for sale.

It looks like Pattaya has the potential to give us what we want.

In a way I have sort of shifted you to my pending pile - The time is not right for us to buy just yet, I am not being rude, quite the opposite infact.


Although i don't have a condo for sale, i do have a lovely sea view house 4 sale, very close to the royal cliff condos, in Phratmanak hill area
Benchmark also have it listed, see link below:-

http://www.benchmarkthailand.com/pages/det...rop_id/797.html

Just thought it might intrest you?
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benchmark
post Yesterday, 2009-11-21 15:03:50
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QUOTE (dickie58 @ 2009-11-21 07:04:19) *
QUOTE (pkrv @ 2009-11-20 17:33:48) *
QUOTE (benchmark @ 2009-11-20 02:23:00) *
Hi PKRV, My recommendation to you is Royal Cliff garden Condominium. For around 14M or 15 M you can find a good unit now. The prices in this building were much higher few years ago. One of the few buildings in Pattaya over the last few years retained it's value and rental potential. It fits your profile. I can send you some good offers there if you like and a detailed description of the place. It's located right on the beach with beautiful surroundings which is the entry way to the Royal Cliff Beach Resort. I have a good long term relationship with the owners here because we do a lot of corporate rentals in these buildings. There are 4 main condo buildings in the compound. Residents are mostly foreigners and others wealthy Thai owners from Bangkok who spend weekends sometimes. People like the owner (Director) of the Bangkok Bank are owners here.Many other high profile wealthy people (foreign/Thai) own units in the compound. Some of the units with the double view over the Pattaya bay are simply breathtaking. A must see building if you are buying a high-end condominium in Pattaya.


Thank you benchmark for a very professional response - I have said before Pattaya is a big place and we have limited time to explore as we are still both working.

You seem to have understood my requirements perfectly, and I note the web site

http://www.royalcliffcondo.com/_sale_rent/condos.html

Yes I can research, but this is not a substitue for local knowledge. I note independently there are not that many units for sale.

It looks like Pattaya has the potential to give us what we want.

In a way I have sort of shifted you to my pending pile - The time is not right for us to buy just yet, I am not being rude, quite the opposite infact.


Although i don't have a condo for sale, i do have a lovely sea view house 4 sale, very close to the royal cliff condos, in Phratmanak hill area
Benchmark also have it listed, see link below:-

http://www.benchmarkthailand.com/pages/det...rop_id/797.html

Just thought it might intrest you?


Yes, this property is a well built quality home located in a prime residential area in Pattaya. From second floor balcony you get fantastic sea views. Property has easy access to everything. Highly recommended for the buyers who are interested in this price range looking for a house to buy in Pattaya. I know the owner is welcome to reasonable offers. If someone needs a visit just let us know or you can PM the owner directly as well.
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loquent
post Yesterday, 2009-11-21 22:20:28
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QUOTE (loverboy44 @ 2009-11-02 06:18:35) *
I don't think that it is a market thing at all. I am talking about the basics.
Are the plots already devided and paid for? Can they be transferred tomorrow? Are the roads as the land office want it? How about the water? Is it fixed? 95% of the developments don't have it. Meaning 5 % are doing a good job! I doubt that Benchmark only sells these 5 %.
Ok, my recomendation is, call your embassy, ask for a lawyer! They have a list. On this list is not Siam Legal.



The thread is posted by a company with an interest in selling houses.

It is not possible to own land or property in Thailand. Start from that premise. Then listen to the myriad of ifs and buts and contradictions spouted to have you part with your money.

The company bit is the most transparent nonsense they ever utter. It's full of holes and when the day comes to reclaim illegally properties in Pattaya this will be the first port of call. All those big flash places that thumb their noses to the Thais will be seized oevr night. Thais are anti-foreigner enough without having their zenophobia whipped up by flash farangs now driving all manner of exotic sports cars which they park on their private drives. How are Thais with their back sides hanging out of their threadbare pants expected to react? And such flash houses are built on sand; literally and metaphorically.

Rent it. Have a problem? Move. Buy it and you'll never sell it.

And as for price increases etc. Listen, you can't even sell your old golf clubs in Pattaya so how you expect to get shut of some over priced under maintained hel_l hole in the sky or estate house out in the back of beyond I just don't know. If you don't have the money to build a high wall and live safe in your own private prison you've got the problems in spades with thai neigbours. this isn't the Costa del Sol which will seem a haven of tranquility compared with the hel_l from pattaya neighbours. If the culture of some Turk, American, Swedish, German mix neighbourhood doesn't get you, then the addition of some earth squatting, bug eating, shadow fearing, garbage collecting Esarn family trying to adjust to breeze block dwelling after a life on a diddly squat farm, certainly will. hel_l absolute hel_l and you've your friendly smiley squeaky clean realtor to thank for you pad in Gantanamo Towers, pattaya.

Have you ever visited these estates? I have. I dare say I've visited almost all developments in and around Pattaya. Do it yourself and work out the percentages; occupied, sold, rented, empty, unfinished, abandoned, neglected. It really is alarming. There is an absolute glut of properties that can't be shifted for love nor money. And as if it were as simple as that. There's the tangled web of farang-Thai marriage gone belly up that has to be legally sorted out.

I heard of one guy who found out that the lawyer used to process the sale actually made the house ownership out to himself. Furthermore, I've heard a lawyer boast of being able to get around any law! The idiot didn't realise that any lawyer can operate the same way. And how they operate is to make a payout - one lawyer to another - and the matter is settled. What breaks your heart fills their bank accounts and they don't care about the outcome. The rights and wrongs. It's all about falang money. That's Thai money with a hel_l of a lot of noughts on the end. Too tempting.

The sale of houses is an unregulated profession which anyone, unqualified can set up. For example, does anyone remeber the dutch guy who sold houses and was assasinated in a triple killing? The other two being despatched at the same time in Amsterdam. Now that respectable business man who is selling you a house is murdered by someone who flys in to do it. Just bad luck then.

It's an unregulated unqualified profession that Europe has just begun to tackle. And Pattya - where the msifits fit - is perfect for anyone to set up and sell property.

And as for all those respectable businesses that deliver on what they promise, fine. The property is over priced and can't be shifted. Supply outstrips demand. There's a world wide recession and yet prices do not reflect that here. Reluctantly, the agency businesses goes so far as describing the total collapse of sales as ' not robust'. And yet prices are held and inflated because it is a totally manufactured market where cartels operate as successfully as The Big foot Club, Fans of Roswell, the UFO society and Elvis is alive and well performing 9 nights a day somewhere in Walking Street.

That's why they come on here as there is a captive falang audience genuinely seeking genuine information, usually provided by individual's without a percuniary interest. Unlike anyone in the business. Their bait is cast. Don't bite.

Caveat doctor. Rent. Trust me I'm an ........ Estate Agent. I've the tattoos to pove it.
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benchmark
post Yesterday, 2009-11-21 23:34:06
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QUOTE (loquent @ 2009-11-21 22:20:28) *
QUOTE (loverboy44 @ 2009-11-02 06:18:35) *
I don't think that it is a market thing at all. I am talking about the basics.
Are the plots already devided and paid for? Can they be transferred tomorrow? Are the roads as the land office want it? How about the water? Is it fixed? 95% of the developments don't have it. Meaning 5 % are doing a good job! I doubt that Benchmark only sells these 5 %.
Ok, my recomendation is, call your embassy, ask for a lawyer! They have a list. On this list is not Siam Legal.



The thread is posted by a company with an interest in selling houses.

It is not possible to own land or property in Thailand. Start from that premise. Then listen to the myriad of ifs and buts and contradictions spouted to have you part with your money.

The company bit is the most transparent nonsense they ever utter. It's full of holes and when the day comes to reclaim illegally properties in Pattaya this will be the first port of call. All those big flash places that thumb their noses to the Thais will be seized oevr night. Thais are anti-foreigner enough without having their zenophobia whipped up by flash farangs now driving all manner of exotic sports cars which they park on their private drives. How are Thais with their back sides hanging out of their threadbare pants expected to react? And such flash houses are built on sand; literally and metaphorically.

Rent it. Have a problem? Move. Buy it and you'll never sell it.

And as for price increases etc. Listen, you can't even sell your old golf clubs in Pattaya so how you expect to get shut of some over priced under maintained hel_l hole in the sky or estate house out in the back of beyond I just don't know. If you don't have the money to build a high wall and live safe in your own private prison you've got the problems in spades with thai neigbours. this isn't the Costa del Sol which will seem a haven of tranquility compared with the hel_l from pattaya neighbours. If the culture of some Turk, American, Swedish, German mix neighbourhood doesn't get you, then the addition of some earth squatting, bug eating, shadow fearing, garbage collecting Esarn family trying to adjust to breeze block dwelling after a life on a diddly squat farm, certainly will. hel_l absolute hel_l and you've your friendly smiley squeaky clean realtor to thank for you pad in Gantanamo Towers, pattaya.

Have you ever visited these estates? I have. I dare say I've visited almost all developments in and around Pattaya. Do it yourself and work out the percentages; occupied, sold, rented, empty, unfinished, abandoned, neglected. It really is alarming. There is an absolute glut of properties that can't be shifted for love nor money. And as if it were as simple as that. There's the tangled web of farang-Thai marriage gone belly up that has to be legally sorted out.

I heard of one guy who found out that the lawyer used to process the sale actually made the house ownership out to himself. Furthermore, I've heard a lawyer boast of being able to get around any law! The idiot didn't realise that any lawyer can operate the same way. And how they operate is to make a payout - one lawyer to another - and the matter is settled. What breaks your heart fills their bank accounts and they don't care about the outcome. The rights and wrongs. It's all about falang money. That's Thai money with a hel_l of a lot of noughts on the end. Too tempting.

The sale of houses is an unregulated profession which anyone, unqualified can set up. For example, does anyone remeber the dutch guy who sold houses and was assasinated in a triple killing? The other two being despatched at the same time in Amsterdam. Now that respectable business man who is selling you a house is murdered by someone who flys in to do it. Just bad luck then.

It's an unregulated unqualified profession that Europe has just begun to tackle. And Pattya - where the msifits fit - is perfect for anyone to set up and sell property.

And as for all those respectable businesses that deliver on what they promise, fine. The property is over priced and can't be shifted. Supply outstrips demand. There's a world wide recession and yet prices do not reflect that here. Reluctantly, the agency businesses goes so far as describing the total collapse of sales as ' not robust'. And yet prices are held and inflated because it is a totally manufactured market where cartels operate as successfully as The Big foot Club, Fans of Roswell, the UFO society and Elvis is alive and well performing 9 nights a day somewhere in Walking Street.

That's why they come on here as there is a captive falang audience genuinely seeking genuine information, usually provided by individual's without a percuniary interest. Unlike anyone in the business. Their bait is cast. Don't bite.

Caveat doctor. Rent. Trust me I'm an ........ Estate Agent. I've the tattoos to pove it.


"Everytime you make a reactive decision, it stops being solely your decision , you are losing control to the person you are reacting to, who is now part author of the decision". -No more comments.


This post has been edited by benchmark: Yesterday, 2009-11-21 23:35:26
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