Want To Buy Sea View Pattaya Condo....but Will It Fall Apart?

[rick99]

I hope somebody can help me out here. I just sold my house in the south and want to relocate to a nice sea view condo. My worry, and why I did not look at condos before, is maintenance of buildings. I have seen condo buildings simply looking like crap several years after people buy. So my question is this. Can anybody recommend a really good existing building? I want a good sized unit (big) and one with a really great sea view (my house was beach front....I just love to read and look at the sea...and exercise). I can spend 10 million or more, but I do not want one that is not maintained to keep its value. Thanks for any suggestions.

[lemoncake]

Northpoint! 10 mil will get you a nice 2 bedroom unit with all the views you need

[mcyachty]

Have a look at Ocean Portofino and then see how Ocean Property have looked after their 20 year old condo San Marino. Gives you an idea

[JSixpack]

Wherever you choose, rent for a while before you buy. Get to know the long-term residents and find out how the building governance is working.

[poanoi]

Wherever you choose, rent for a while before you buy. Get to know the long-term residents and find out how the building governance is working.

I so totally agree with this excellent advice,

perhaps you can also carve out a rent-to-buy contract

Edited March 4, 2013 by poanoi

[prk888]

pm me. i am about to advertsise my 160m2, low-rise, direct beach front, 4 year old, 3 bed condo - about your budget.

[toenail]

Yes, there are some condos out there runned by decent companies. Just do your homework. Another (big) factor is to make sure there are no empty parcels of land next door; for, you can predict another building will mushroom up next door the next few years. You do not want it to block your view (Skybeach condo as an example- good view until the new condo next door is completed). North Point is a good suggestion, and away from the rift-raft.

[Sigurris]

Talk to the office at montrari. The 6th floor penthouse may now be available. I bit more than 10 million but beautifully built and well maintained.

[BlackPuddingBertha]

I wouldn't buy anything here that I hadnt lived in for some time.

With advertised rental returns on expensive units at well under 5% (not even allowing for negotiation) it beats me why anyone would be in a hurry to buy these things.

[rick99]

Ok, Thank you so much for the great advice. It took a long time to sell the beach front house, and it was a beauty.....also had to drop my price....a lot.

I am happy to hear about the specific buildings you mention, and welcome more suggestions. I started out four years ago with the intent to purchase a condo, but after seeing several buildings that had fallen apart I decided on a house. However, once again looking for foreign freehold. I have heard that Pattaya is overbuilding, and that prices have remained pretty steady. Is this true of all condo prices, or more toward a particular price range?

Again, thanks, and all advice gratefully received.

[lovetotravel]

I have some friends who just sold theirs in the Golden Sands. Right on the beach. Beautiful and well maintained. I think the building is 15-20 years old and looks great.