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Buying a Property in Pattaya

Thailand is known as the ‘land of smiles.’ Pattaya is definitely one of those places which will keep you smiling forever. Its beautiful landscape, picturesque locations, and the sprawling beaches make it one of the best dream destinations of the world. People, especially foreigners are finding the place too good to leave. Of late, there has been a clear increase in the percentage of foreign investment in the real estate business of Pattaya. The property agency Pattaya ensure that buying property in Pattaya is a delight. They are fully aware of the best properties available in and around Pattaya. They help the purchaser buy a property as per his specifications.

In Thailand, it is not possible for foreigners to buy a property directly through a real estate agent. There are certain norms to be followed to own a property. There are three methods of buying a property in Pattaya. The property has to be registered by a Thai national. This could be someone you can trust like your spouse, or a friend. The other way of purchasing a property is that you can start a Thai corporation and the property can be registered in the name of the corporation. The third option is to go for a property that is leased by the land department of Pattaya.

If you are considering a property purchase in Pattaya, then it is always advisable to seek the advice of a reputed property agency Pattaya. A renowned real estate agency is a safe bet as it is familiar with the laws of the land. Moreover, they have in-depth knowledge of the properties available. They will guide you choose a reputed property developer. A good property developer will not only get you a safe deal but also the best in terms of area, price, and quality.

It is imperative to get a title search done if you are planning to buy a property in Pattaya. You can hire a legal advisor to get it done. It has to be conducted by the land department of Pattaya. In this way, you will be sure that the title of the property is clear of any legal encumbrances. You will get a clear picture of the planning restrictions also. This is important if you are planning to construct a house there. It is also important to ensure with your property agency Pattaya that the property you are interested in is free from lease, lien, and mortgage.

A lot of foreign nationals are showing interest in buying properties in Pattaya. They are mostly from Australia, USA, and European countries. It is always advisable to hire a Thai lawyer if you are thinking of buying a property. Your property agency Pattaya will help you in arranging a lawyer from a law firm that especially caters to the requirements of the foreigners. The documents of the property are in Thai language. Therefore, a Thai lawyer is a must for the proper understanding of the contract. Small precautions will protect you from losing a large investment.