Property values in places like Pattaya have skyrocketed over the past few years. As international developers have turned their attention to this gorgeous city, a number of high-rise structures have been built and many luxury condos have been put up for sale. If you are thinking of buying property in a place like Pattaya, you should know that it is not as simple as you might think. There are a whole host of different factors that you need to take into account if you are going to buy property here in Pattaya. But, to help you get started, here are four key factors that you should take into account before you decide to buy any luxury condo.
- The Location
Luxury condos are expensive. They cost a ton of money, and for many people, it’s going to be the biggest financial investment that they ever make. Naturally, you will want to make sure that you choose a condo in the right location. If you are thinking of buying a luxury condo in Pattaya, the first and most important thing you need to check is the location. Is it close to the city center? Does it give you access to various amenities? Is the building located close to the MRT or the main bus station? You have to make sure that you evaluate all of these important factors before you invest your money.
- The Building
How good is the building? Is it well managed? Is there adequate parking space? What floor are you interested in buying a condo on? It’s vitally important that you evaluate all of these factors before you make a decision. The building must be well-designed, should have a lobby and other basic features, and of course, should be recently constructed and properly maintained. If it’s not, you might want to re-evaluate your decision.
- Budget
How expensive is the condo? Are you getting an affordable financing option? Setting your budget straight is very important before you venture out to buy a condo. If you are thinking of buying a luxury condo, the ideal thing to do is get in touch with a real estate agent. The agent is going to show you several properties and give you an idea of how much you will probably have to spend on the condo, especially if you are looking for something that’s modern and unique.
- The Condo
Arguably the biggest factor that’s going to affect your decision is the condo itself. Is the place good or not? Is the condo big enough for you and your family? Do you have access to all major amenities? It’s very important that you choose a condo which meets all your requirements and ticks all the right boxes. Ask about the tiling and the paint job, as well as any other factors that might influence your decision. These are just a few things that you have to take into account if you want to buy a condo in Pattaya.