Many people now buy condominiums off-plan in Pattaya, that is to say in a condominium project that has not started construction.

This can be a good investment as the condo developer usually increases the prices of the condos during the period of construction.

This comprehensive report discusses buying off-plan condominiums in Pattaya and its potential benefit.

•    Buy at the right time and make money
•    The perfect property
•    Don’t buy the “wrong” condo
•    Don’t buy from the “wrong” developer

Buying a new condominium off-plan in Pattaya can be 20-30% cheaper than waiting for the condominium to be complete before buying.

Therefore by buying a new condominium off-plan in Pattaya a buyer or investor can buy at an advantageous price.

There can be drawbacks in buying a new condominium off-plan: It used to be a bit like having your portrait painted by an artist. You never knew if you will like it until it was finished; but unlike years ago, today the likeness is amazing.

But buying a new condominium off-plan can ensure that you buy the condominium of your dreams, on your ideal floor level and with your preferred type of view from your balcony.

Pattaya offers a good variety of choice for the buyer or investor in that it has low-rise resort-style condos, mid-rise condos and high-rise towers. In addition to these 3 styles of off-plan developments the buyer or investor has the choice of beachfront, secondary or city centre locations.

Pattaya condo developers are becoming more competitive with the off-plan condos that they are offering.

Resort-style off-plan condos often comprise 3-6 low-rise buildings, each with their own lobby-style reception, set around a large lagoon-style swimming pool with sun terraces, artificial beaches, cabanas, waterfall features and sometimes water slides. There is usually a convenience store on-site or nearby and a gymnasium.

Mid-rise off-plan condos usually consist of 11-16 floors with a reception-style lobby and a coffee shop. The swimming pool is normally set on the roof of the condo with sun terraces offering views towards the ocean.

High-rise off-plan condo towers are usually beach front or in a position within Pattaya that is convenient for taxis. It is not uncommon for condo towers, in addition to the reception-style lobby and coffee shop, to have more than one swimming pool and sky terraces.

It is becoming normal in this competitive off-plan condo market for the Pattaya developer to include adequate car parking; underground car parking for mid- and high-rise towers, high speed elevators, 24 hours security including CCTV and key-card access, and WiFi internet.
Prices for off-plan condominiums in Pattaya depend on which floor you buy on, which view you choose and the type of ownership that you decide upon.

Prices per sqm normally rise for each floor that the condominium rises, the thought behind this is the higher you are in the building then potentially better view you have.

The view offered from a condominium also affects the price per sqm; condos facing the ocean or the communal pool being a premium price as opposed to units with Pattaya city or hillside views.

It can be quite complicated can’t it!

Five Star Villas & Condos are here to make it easy for you.

Five Star Villas & Condos deal directly with our APPROVED condominium developers, often at the highest level, to ensure that you get the very best price available on any new condominium that you wish to buy.

We are constantly informed of all special promotions and price updates immediately when they happen.

Do you want to buy in the right project, at the right time and make money doing so?

Contact Five Star Villas & Condos to discuss the options available.

© 2023, Robert D Watson