Saturday, October 2, 2010

The purchase of a condominium in Pattaya

The purchase of a condominium in Pattaya is actually a clear and simple procedures. However, there are some things that you know, before you start.

Foreigners can 49% of the aggregate space in a building.

For foreigners to benefit from a condominium in Thailand must submit evidence were (Tor Tor 3) with the Department of Earth accepts that the funds are transferred abroad in foreign currency. Without such evidence will not allow the Department of EarthTransfer of ownership of the foreign buyer.

Please note the following to transfer for the financial year:

1. Transfers must be made in foreign currency only in Thai Baht and not.

2. Transfers should be sent to your bank account, the same name as the contract of sale.

3. Funds transferred more than $ 20,000, for a form of Tor Tor 3.

4. The purpose of the transfer should be indicated on the remittance advice. This should"To buy a condo"

5. Make sure that the developer or seller sends you a copy of Tor Tor 3 for each of your referrals. If you do, you will help prevent future problems. Make sure that the Tor Tor 3 has been well spent.

One reason for the Tor Tor 3 form is so that you can transfer money from Thailand, if you sell.

Think about the following conditions:

Leasehold means that you never own the property. They will only let them out of the countryOwners.

Sale price: gives you full ownership rights. Of course condominiums is much better.

Rai A: corresponds to 1,600 square feet

A Wa: equivalent to 4 square meters

Why invest in Pattaya and Jomtien?

- Established a destination in Thailand

- Great beaches and islands

- Proximity to the new Bangkok international airport.

- Links in wide-ranging air, road, and Laem Chabang deep sea port

- Booming HighQuality residential real estate and luxury real estate market.

- Corporate general infrastructure: health, medical, commercial, international education, roads, telecommunications, utilities and services

- Choice of rest for many foreign buyers

- Increased weekend destination for residents of Bangkok

- Pattaya is at the heart of the province of Chonburi

- Chonburi is the fastest growing province in Thailand for tourism and business.

However, if you do notafford to invest in property in Pattaya now, you can come take a look and see her first interview with your possible future investments. By staying in the apartment or guest house, saving money, rather than a hotel stay.

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