5 Questions To Ask Yourself Before Buying A Condo In Pattaya

Buying a condo or just about any home in any area requires careful consideration and research, if you do not want to end up regretting your decision in the near future. Buying a condo in Pattaya is no exception and it requires a good amount of thought as the investment you are making is pretty substantial. Here are 5 questions you have to ask yourself before placing your signature on that piece of contract!

Do I prefer a spacey home or fast access to amenities?

Housing developers in Pattaya prefer to build condos near BTS Stations and shopping malls so that they can decrease the size of each residential unit. They can also leverage on this to increase the amount of homes and ultimately receiving an increase of rent or unit money. Homeowners can only choose between convenience and a spacious home and there is rarely a chance for both unless you build your own home. Larger homes are situated a significant distance away from such convenience and thus it is ultimately up to the buyer to decide on their individual preferences.

Have I researched on the contractor and the materials used in this condominium?

To protect yourself from any potential risks, buyers should do their research well before making their decision. Find out about the developer who built the condo property you are interested in, and how many successful projects have been completed under their belt.

Is it a promising investment after all?

The only way to ensure that your investment is a good move right off the bat, is knowing that you will actually be staying in it permanently. Other than that, you have to ask yourself whether the investment is promising. If you are buying the home only to rent it out whenever you are not staying in it, do give the purchase some careful thought as there is a slight possibility that you might not get the entirety of your investment back, even if you rent the apartment out all the time.

Am I getting the furnishings that are shown during the tour?

Many developers and property agents place chairs, tables even kitchen equipment in their showrooms to make the buyer feel at home and thus increase the chances of a successful sale. Ensure that you inquire about whether the furnishings will be included with the purchase.

Is my deposit refundable?

Many developers actually make a nice sum of money from non-refundable deposits apart from their sales of the homes. Some deposits are refundable while others are not and it is prudent to read the contract carefully before indicating your interest and placing a deposit.