The Home Owner Guide

Costs:

At East Coast Property Management we have various options for our property owners as follows;

Option 1: One month's rent as commission for a 1 year rental, paid fully in advance on entry to the property by the tenant. Finding of tenant and contract provided for this fee. No ongoing management is provided.

Option 2: Management fee of 15% of monthly rental value will be charged on a monthly basis during period of occupancy. For this fee we provide tenant, provide contract and provide full property management services as mentioned above. No finding fee is levied.

Option3: If a property owner purchases the property through East Coast Real Estate as an investment opportunity, we charge a set fee of 10% per month for the first year of property management. Second year will be charged at the normal rate. Full property management service is provided for this fee. No finding fee is levied.

Option 4: Vacant properties can be managed by us for a set fee dependent on location and service required e.g. payment of bills, maintenance issues, cleaning etc. We can tailor a service to meet your needs.

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Research confirms Pattaya Property Market Boom

Three independent reviews launched in the last month have arrived at exactly the same conclusion - that sales of condos in Pattaya are presently visiting a major boom, with sales well more than every other a part of Thailand.

Probably the most comprehensive from the surveys was carried out through the independent research organization, the company legitimate Estate Matters (AREA).  This, the biggest survey ever carried out from the Pattaya Property market required data from 232 different developments within the city presently being built or on pre-purchase throughout This summer 2011.  Laptop computer discovered that Property In Pattaya was selling for a price six occasions faster than other major Thai marketplaces for example Bangkok and Phuket, an interest rate the lead investigator around the project, Dr. Sopon Pornchokchai, states verifies that property in Pattaya is “selling like hot cakes”.

AREA’s findings were based on the 2nd from the three reviews to become launched by leading global real estate agent, Colliers Worldwide, within their H1-2012 Pattaya Condo Market Report.  The report mentioned they “were amazed through the massive success of numerous [condominium projects] and also the incredible occupy rates in many areas … the general answers are very encouraging for that market generally there appears to become no preventing the immense recognition that Pattaya holds for traders and clients.”

Based on the AREA survey, the typical worth of property offered throughout This summer was THB 3,540,000 ($114,000).  Probably the most active sector from the market was for just one-bed room flats of under 40m2 offered within the THB 1-two million ($32-64,000) cost bracket, with affordable studio flats also showing strong sales.

One of the leading causes of the strong health from the Pattaya condo marketplace is, based on the Colliers’ report, the “remarkable entry into all segments from the market from Thai purchasers,” proclaiming that Thai purchasers now take into account 50% of sales within the city.  The 3rd are accountable to be launched in the last month, the eleventh Edition of Condominium Focus, from publically-listed Thai developer, Raimon Land, confirmed Colliers’ findings, stating, “many Thais are actually ambitious to possess a vacation home in Pattaya, especially as the amount of points of interest for example large-scale retail malls, water parks, amusement parks along with other family points of interest grow.”

Among people from other countries, Russians continue being probably the most active purchasers within the city, comprising 28% of Raimon Land’s sales within the resort city.  Colliers noted the amounts of European and American purchasers are slightly lower on previous years because of the economical problems in your own home.  The report notes the current emergence of great amounts of purchasers from India and china, however, proclaiming that both of these nations “could potentially function as the superpowers for the future if this involves purchasing property in Pattaya”.

An in depth consider the Pattaya Property marketplace is available these days in book form using the publication of Pattaya Property and Thailand’s Property in August.  It particulars the entire process of purchasing property in Thailand and compares a lot more than forty different developments that are presently on purchase in Pattaya.


Looking for Thai Property and property for rent or sale visit http://www.thaiproperty.com/





source: homesgofast

Thailand's Pattaya Market Emerging as Niche Real Estate Development Target

It may not have the glitz and glamour of a Las Vegas or Atlantic City, but Pattaya in Thailand has long been a major tourist destination in Asia. Now it is emerging as a budding real estate development site.

Pattaya sits on the east coast of the Gulf of Thailand, about 165 kilometers southeast of Bangkok. The city is within but not part of Amphoe Bang Lamung (Banglamung) in the province of Chonburi.

A total of 5,000 luxury hotel rooms will open in Pattaya over the next three years, with the new developments expanding out of central areas into the neighboring Sattahip and Na Kluea districts along the coast.

Pattaya also has seen a strong growth in its real estate markets since 2008 and a number of long term, planned environment improvements are helping to make it a more attractive prospect for major real estate development, according to a recent forum orchestrated by the Agency for Real Estate Affairs (AREA) and the Eastern Seaboard chapter of the Real Estate Brokers Association.

Live Trading News in Singapore reports AREA president Sopon Pornchokchai presented new research at the forum  indicating Pattaya has a stronger and more valuable property industry than any another other city in Thailand.

The Singapore publication reported Kingdom Property chief executive officer Nigel Cornick, one of the forum's guests who has been involved in real estate development in Pattaya for the last decade, predicts Pattaya, Jomtien and Pratumnak offer the most development potential today in Thailand.

He told the forum tourism numbers are increasing and  the Eastern Seaboard is attracting new property buyers from abroad,  including India and Japan.

'There are great opportunities here but for me it is important to focus on quality," Comick said. "And that's not about gold taps but construction materials that last and that are of low maintenance."

Live Trading News reports Chonburi Provincial Administration Organization, which oversees tourism development in Pattaya, has set a target of 10 million international and domestic visitors and 100 billion baht (US $3.26 billion) in tourism receipts for Pattaya by 2015.  (One Thai baht equals $.0325 US)

According to figures from Thailand's Ministry of Tourism and Sports, Pattaya received 8.3 million arrivals in 2010, a 93.1-percent jump over 2009.  For the period January-June 2011, there were 724,273 Thai and 3,070,635 foreign visitors to Pattaya.

"Tourism in Pattaya still has potential to grow," said Chonburi Provincial Administration Organization chief executive Vitaya Khunplome. He cited increasing hotel investment as an indicator of the city's tourism potential.

Ministry statistics show that Russia, China, Germany, Taiwan and India were the top five international source markets for Pattaya last year.

To tap these markets, Live Trading News reports, the Chonburi Provincial Administration Organization has created a 40 billion baht budget to support tourism events like the Pattaya Countdown and Pattaya International Music Festival, and also to participate in international trade shows such as ITB Berlin, SATTE in New Delhi, and Luxury Leisure in Moscow.

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Credit: worldpropertychannel.com
Source: http://www.worldpropertychannel.com/asia-pacific-vacation-news/asia-property-market-pattaya-property-outlook-forum-thailand-real-estate-broker-association-kingdom-property-thailand-real-estate-market-bangkok-property-market-6098.php

Find a Bargain Property Investment in Thailand

Are you interested to buy a holiday home, a second overseas home, an investment (buy to let) property, building or development land, or even a business in Thailand? Now is an excellent time to buy take advantage of the weak economy and make investments in Thai real estate. Thaiproperty.net has large a selection of houses, villas, bungalows, condominiums, apartments, land and businesses for sale and rent, throughout Thailand.

Thaiproperty.net is the best place to find a house, a condo, building land or business and you can sell a house, a condo, building land or business. This service applies to Private sellers and Real estate Agents through out Thailand.

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How about taking a vacation to Pattaya City !

Fed up with poor service from lazy or ineffective real estate agents? Are you capable of writing your own property details and taking photos of you house/condo for sale or rent? Then why not sign up, list your property and sell directly to the buyers, you'll save the commission fees and be in control of you own sale.

Private sellers and Real Estate Agents across Thailand can use this FREEservice to list property for sale or condo for rent Pattaya. Adding your home, property, or real estate listings for sale or rent to Thaiproperty.net couldn't be easier! Simply Sign up and you can begin advertising to 1,000's of interested buyers immediately.

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Why choose Thaiproperty.com

East Coast Real Estate is Pattaya's leading real estate company; we're known as the firm you can trust. With a passion for innovative service and up to date knowledge of the market, we are rapidly becoming the first choice for property and real estate services in Thailand. Our clients include major property developers like Raimon Land PLC, Wise Power Land Company and Indochine Asset Management in Bangkok, as well as hundreds of private individuals and small businesses.

Why Choose Us?

Property dealings in foreign jurisdictions can be fraught with dangers and pitfalls. So, whether you want to buy, sell, rent or invest in property in Thailand you will need the assistance and advice of professionals.

Our professional team of expatriates and Thais, with over thirty years property experience (18 of which has been gained in Thailand), has developed a reputation for honesty and integrity, and maintains the highest standard of professional ethics in all our client services.

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Visit Our Website at http://www.thaiproperty.com 

a huge database of resale property

Search our web site to find a large choice of houses, bungalows, villas, shop houses, beach front homes, studio condos, 1, 2 and 3 bedroom condos,property for sale duplexes and pent-houses. We also have many building plots and land land for property development, so contact us if you need to find something specific.

Welcome to our website; Thaiproperty.com the online home of East Coast Real Estate.

East Coast Real Estate is one of Pattaya Beach's longest established estate agents and has the largest choice of property for sale or for rent in Pattaya. We have a property to suit everyone. Our properties include small western style bungalows, houses, beach houses and large beach front Thai Bali style villas.

We also have a large range of condominiums, from studio condos to condominium duplexes and beach front penthouses. We have real estate for sale and property for rent on the beach, in the area around Jomtien Beach and in Pattaya Beach Resort. Pattaya City is now only a 1 hour drive from the new Bangkok airport. This makes Pattaya the perfect place to purchase that retirement or holiday bungalow whether it be a house, a condo or if you would prefer, you could snap up an off-the-plan investment bargain.

We also have a huge database of resale property from private sellers, both foreign ownership and Thai company ownership. Search our web site to find a large choice of houses, bungalows, villas, shop houses, beach front homes, studio condos, 1, 2 and 3 bedroom condos, duplexes and pent-houses. We also have many building plots and land land for property development, so contact us if you need to find something specific.

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