Feb 01, 2016

Common Ways to Make Money in Real Estate

Investing in real estate means more than one thing. Please read on and you will learn of the three most common methods of prospering in property investment.

The Sale and Purchase of Your Residential Home:

The most common method of investment in real estate is to buy a condo or a house that you desire to live in and call it your own home. Once you no longer need the property or you do not want to live there, you can sell the property. But it’s not just about selling it on because if the property is very valuable and you manage to obtain a high price for it, technically the money will be returned to you, once all taxes and transfers or any outstanding mortgage payments are made. Real estate market changes along with other economic factors, so when you have a self-occupied property, you try to sell the property at a higher price than what you paid for, this means that you earn a return on your investment.

Again, this is a property investment for those who do not want to rent a home for themselves to reside in. If you just rent a property then all your money goes to the landlord of the property and nothing comes back to you. So, this is not an option for property investment.

Buy a Property to Rent to Others:

A more effective way to get a return on your investment in real estate is purchasing a property that you rent out to other people. This means that you need to find the right property that is attractive to people who want to rent. We at Coastal Real Estate can advise you on the best properties that are very popular for renting. This is a similar type of real estate investment as above because the property will still belong to you until such time that you sell it. The selling price and value of the property will hopefully increase, hence you having a return on your investment. Meanwhile, when the rental income that you collect should be more than sufficient to pay any mortgage or finance on the property and provide a little extra revenue per month for the homeowner. This is a faster and indeed a more effective way to earn rewards than that of the self-occupied real estate investment option. However, there is an even higher return method, which allows us to move onto the next type of investment.

Buy a Property to Flip and Sell:

The fastest way to get a return on investment in real estate, is the rapid sale where the sale price will far exceed the purchase price. The method is to invest in a property in a great location that requires some repair. Property orientation is essential, but not everyone has the time to look for a good-priced property in a great position and then hire people to carry out property renovations. If you are able to do it, we believe you have the opportunity to gain high returns and quite quickly.

Please note that investment in real estate requires a lot of upfront capital, but a large number of real estate purchase can be a great way to get more return on your money.

Generally, those who are eager to sell real their property at great prices, you as an investor can purchase with preferential terms. If you get a better purchase offer and buy a lot of real estate, then you can follow the market yourself and offer the properties at desirable prices, sell them on and make a good profit. One popular idea is to buy a whole floor in an apartment building, perhaps you can live in one apartment, and then when the value increases, you may sell the apartments and receive a handsome return on investment.

If you are interested in houses for sale in East Pattaya, you are welcome to search our listings and contact us for personal assistance. But if you would like to get a better feel for the area first, please continue reading our concise guide to homes for sale in Pattaya that lie east of Sukhumvit Road.Benefits of Living in East PattayaMany of our clients are looking for houses for sale in East Pattaya because it has so much to offer. The area to the east of Sukhumvit Rd. is home to numerous superb residential property developments and a generous sprinkling of international-class golf courses. There is also no shortage of fresh markets, local stores, and exclusive resorts to be found in East Pattaya today. While once the area was so bereft of life it was known by residents as the Dark Side, it is now one of the most popular parts of the city in which to live.Another reason that houses for sale in East Pattaya are so popular with expats today is the fact the area offers easy access to high-quality international schools, beautiful beaches and many other local attractions. If you have a young family or you’re planning to have one in the future, this is the best place to look for houses for sale. East Pattaya is also a great place to live for more mature expats, with lots of luxurious properties for sale, excellent medical facilities and numerous opportunities for socializing with like-minded individuals.Types of Houses Available and Investment PotentialIn this part of Thailand, you will find a wide variety of condos, villas and houses for sale. East Pattaya has witnessed many exciting new property developments in recent years, with more planned for the future. You may also find the odd townhouse or shop house for sale in Pattaya in this part of town, but they’re somewhat less common.If you want to buy property for sale in East Pattaya that’s attractive from both a lifestyle and investment perspective, there are plenty of options from which to choose. However, in our opinion, the most attractive types of houses for sale in East Pattaya right now are:Detached Homes in Gated Communities – These properties offer luxurious living, security, and convenience. They often boast appealing lifestyle features such as swimming pools, balconies and terraces. As such, they should do well in the future.Private Houses Standing in Own Grounds – Not everyone wants to live in a gated community, which is why private houses for sale in East Pattaya should remain popular.Super Luxury Properties – Properties with extensive grounds, together with bedrooms and bathrooms that run into double figures, offer a super luxury living experience and could prove to be an excellent investment too.No matter what types of houses for sale in Pattaya East you’re looking for, don’t hesitate to contact the Pattaya real estate agents you can trust. It would be our pleasure to help you buy a house in East Pattaya that meets all your needs.

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Find Your Dream Sea View Condo in Pattaya

Oct 24, 2024

Pattaya is home to numerous high-end condo developments, many boasting sea views. But not every sea view condo in Pattaya is built to the same high standards, and some lack the features foreign buyers consider essential. If you want to find your dream Pattaya property with an ocean view, you will need to do your homework. You will either need to be patient or enlist the help of experienced local real estate property agents such as ourselves. Whichever option you choose, the following tips on how to buy a sea view condo in Pattaya that’s perfect in every way are sure to come in handy.Why Choose a Sea View Condo in Pattaya?Before we explore the tips provided by our experts on beachfront condos in Pattaya, let’s take a few moments to consider why these properties are so appealing to so many prospective buyers:Beach LifestyleLiving close to the beach, you can enjoy soaking up some rays or swimming in the ocean whenever you wish.Vibrant Local Expat CommunityPattaya is home to a lively expat community comprised of people from all over the world.Top-Quality International and Thai CuisineSome of the best seafood in Thailand can be enjoyed in Pattaya’s restaurants.Local Tourist AttractionsIf you live in a sea view condo in Pattaya, you will always be within easy reach of dozens of exciting tourist attractions.Even if you travel the length and breadth of the country, you are unlikely to find a more superior place to live than one of the better seafront condos in Pattaya currently available.Key Factors to ConsiderConsider these factors carefully when evaluating luxury condos in Pattaya with sea views, and you can home in on the perfect property sooner rather than later:Distance From SeaGenerally speaking, the closer to the sea, the better, but prices may sometimes dictate otherwise.The ViewThis is one of the main reasons to buy a sea view condo in Pattaya or anywhere else, so make sure you’re happy with it!Build QualityBuild quality is incredibly important when buying property in Pattaya on the coast, with the aim of making it your home.Fixtures and FittingsWhen two apartments score equally on build quality, view and distance from the sea, it is often fixtures and fittings that make the difference.There are other things to consider when looking for sea view condos for sale in Pattaya, (such as price and amenities) but those listed above are usually the deciding factors.If you would like a guided tour of the best Pattaya sea view properties and the chance to consult experienced real estate agents with an in-depth knowledge of the local property market, call or message us. It would be our pleasure to show you the very best sea view apartments in Pattaya and help you buy one that is perfect for your needs and desired lifestyle.

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Explore the Best Locations for Beachfront Condos in Pattaya

Oct 17, 2024

If you want to find a beachfront condo for sale in Pattaya, the obvious place to head is the beach. But which beach and which neighborhood is home to the best coastal real estate in the area? It is to this question we address today as we explore the best locations to look for sea view condos for sale in Pattaya and surrounding areas. As professional real estate agents who specialize in this region, we have an in-depth understanding of the local property market, and it is our pleasure to share this understanding with you.Famous Beachfront Neighborhoods in PattayaYou are most likely to find a Pattaya beach condo for sale that meets all your needs in one of the following three areas:Central PattayaThis area is where everything you’ve probably already heard about Pattaya is located. Walking Street, Beach Rd, Pattaya Beach, Central Pattaya shopping mall and many of the best-known hotels are in this part of Pattaya. It’s also home to numerous beachfront condo developments. If you like to be in the thick of the action at all times and as close as possible to the best shopping, nightlife and restaurants in the region, Central Pattaya is where you will want to be.If you are looking for somewhere to live where you can integrate with the locals more deeply than most or perhaps learn more about Thai culture and customs, you may prefer to find a beachfront condo in a less developed area. Both Jomtien Beach and Na Jomtien are only a short drive from Central Pattaya, so if you have your own transport or don’t mind getting taxis, you can live in either of these places and still reach Central Pattaya in just a few minutes.Jomtien BeachJomtien Beach is still in the metropolitan area known as Pattaya City, but the quieter atmosphere and less crowded streets offer a pleasant contrast that many expats find appealing. Most of the more recent beachfront condo developments around Pattaya are actually in Jomtien Beach and Na Jomtien. In Jomtien, you will find more gated communities or resort complexes as they are sometimes also known.While there are certainly more restaurants, nightlife venues and shops in Central Pattaya than in Jomtien, you won’t have to travel to buy your daily necessities, enjoy a great meal or a night out with friends should you choose to live here. Jomtien is a well-developed part of Pattaya City, boasting all the facilities and amenities that most expats desire. Get in touch with one of our experts if you’d like us to help you find a Jomtien Beach condominium for sale.Na JomtienContinuing our journey south of Central Pattaya, we come to Na Jomtien, which is the first area to the south that is not part of Pattaya City. In common with Jomtien, it has seen many new beachfront condo developments in recent years. However, that is where the similarity ends. The properties being built in Na Jomtien are among the most expensive anywhere in Thailand today and are aimed squarely at wealthy individuals who know exactly what they want and don't mind paying for it. While Pattaya and Jomtien Beach both feature a public embankment, in Na Jomtien, there is no such thing. This means that firstly, the beach is not accessible to members of the public in certain places, and secondly, there are numerous Na Jomtien Beach condos for sale with direct access to the sea.In addition to upscale condo developments with direct beach access, Na Jomtien is also home to several upmarket international hotels. This makes it a great place to stay when shopping for a new beachfront condo. Whether you’re checking out as many potential new homes as possible or there’s a specific beachfront condo sale in Jomtien, Pattaya or Na Jomtien that you wish to view, you are sure to enjoy getting pampered in 5-star luxury. Call or message us to find the perfect sea view condo in Na Jomtien.Get in Touch With the Coastal Property SpecialistsIf you are not sure which of these three areas you should focus on when scouting for a coastal property, we invite you to contact us by phone or email. Whether you are searching for a beachfront condo for sale in Pattaya, a penthouse condo in Jomtien or even a shophouse for sale in Pattaya, we can help. Our team includes multilingual staff dedicated to taking care of our clients and professional real estate agents committed to getting the very best deals.