pattayalover Posted November 22, 2016 Share Posted November 22, 2016 over 3 millions for a 30sqm condo? , you have to be kidding me?! . for this price I can get a big house in Europe with land included. I calculated if I give my condo for rent it it would take 25 years to get my money back. or 50 years if I have problem to rent it. in the American dream, it s 10 years. so why it is so expensive to buy a condo in view taley.? Link to comment Share on other sites More sharing options...
sotsira Posted November 22, 2016 Share Posted November 22, 2016 There are many ViewTalay condos and ViewTalay Residence buildings, which one are you referring to that has 30sqm rooms, as i don't know of any? Link to comment Share on other sites More sharing options...
KittenKong Posted November 22, 2016 Share Posted November 22, 2016 View Talay 1 has units that are 32sqm, I think. Though I doubt that any of those would be advertised for 3MB. Around 1MB would be nearer the mark. That said, most condo prices here are way over the top as far as I can see, and would need to drop by at least 30% to make them comparable with similar property in, say, Spain. And the Spanish properties would probably still have much better build quality. Not to mention the general legal aspects of ownership and permission to stay. Link to comment Share on other sites More sharing options...
newnative Posted November 22, 2016 Share Posted November 22, 2016 VT1 has the smallest condos but like KittenKong said, they would be nowhere near 3MB. Most of the newer VTs---3, 5, 6, 7, and 8 have studios of around 46 to 48 sqm as well as larger units. Some of the studios have larger sqm sizes because the balconies are bigger for condos by the stairwells but the interior dimensions are about the same. Price ranges are from the low 2MBs to around 3.5MB for 3, 5, and 8 depending on floor, foreign name, and view. VT6 and 7 studios can run much higher. Always exceptions with the prices, of course. Most of the VTs are holding their value rather nicely. I wonder why. Hmm. Maybe location, location, location? Link to comment Share on other sites More sharing options...
guzzi850m2 Posted November 22, 2016 Share Posted November 22, 2016 The VT next to Central seems almost empty? Is that 8? Link to comment Share on other sites More sharing options...
Gary A Posted November 22, 2016 Share Posted November 22, 2016 Why are developers continuing to build huge complexes when so many are already sitting unsold? My theory is that they know more than we do. I think that in the near future, you will see legalized gambling come to Pattaya. Link to comment Share on other sites More sharing options...
newnative Posted November 22, 2016 Share Posted November 22, 2016 VT6 is next to Central. Link to comment Share on other sites More sharing options...
AlexCanada Posted November 22, 2016 Share Posted November 22, 2016 1 hour ago, guzzi850m2 said: The VT next to Central seems almost empty? Is that 8? Definitely not the case. Not looking to buy but I'd gladly purchase a unit at VT6 for 3 million. At 3 million and average rent of 25k I would get my condo paid off in 10 years. Link to comment Share on other sites More sharing options...
onemorechang Posted November 22, 2016 Share Posted November 22, 2016 5 minutes ago, AlexCanada said: Definitely not the case. Not looking to buy but I'd gladly purchase a unit at VT6 for 3 million. At 3 million and average rent of 25k I would get my condo paid off in 10 years. Is your Pm box full yet ? Link to comment Share on other sites More sharing options...
pattayalover Posted November 22, 2016 Author Share Posted November 22, 2016 just been in view talay 1 to give a look around , balcony is very small. seen one condo at 1.3 million on an advertising panel in the lobby. swimming pool look nice. Link to comment Share on other sites More sharing options...
BlackJack Posted November 22, 2016 Share Posted November 22, 2016 I bought an office in VT 5 - has a double balcony and high ceilings - no view really as its a business. 2 mill and residentially is on a good day and a desperate sale would be less than 2 mill look around as there are some bargains Link to comment Share on other sites More sharing options...
sotsira Posted November 22, 2016 Share Posted November 22, 2016 1 hour ago, pattayalover said: just been in view talay 1 to give a look around , balcony is very small. seen one condo at 1.3 million on an advertising panel in the lobby. swimming pool look nice. Considering your OP says too expensive at 3M for a 30sqm condo seems to me that your very much mistaken then, doesn't it? Link to comment Share on other sites More sharing options...
craigt3365 Posted November 22, 2016 Share Posted November 22, 2016 1 hour ago, pattayalover said: just been in view talay 1 to give a look around , balcony is very small. seen one condo at 1.3 million on an advertising panel in the lobby. swimming pool look nice. You said over 3 million baht for a 30 sqm apartment. Where was that? You've not answered the question. Link to comment Share on other sites More sharing options...
Basil B Posted November 22, 2016 Share Posted November 22, 2016 2 hours ago, Gary A said: Why are developers continuing to build huge complexes when so many are already sitting unsold? My theory is that they know more than we do. I think that in the near future, you will see legalized gambling come to Pattaya. I assume they realise they may at sometime be told they can not build anymore, when there is a stop on more being built they should be able to sell the unsold ones. Link to comment Share on other sites More sharing options...
guzzi850m2 Posted November 22, 2016 Share Posted November 22, 2016 Some interesting reading here: http://www.colliers.com/-/media/files/apac/thailand/market-reports/1h pattaya 2016-en.pdf Link to comment Share on other sites More sharing options...
Asiantravel Posted November 22, 2016 Share Posted November 22, 2016 1 hour ago, guzzi850m2 said: Some interesting reading here: http://www.colliers.com/-/media/files/apac/thailand/market-reports/1h pattaya 2016-en.pdf paragraph 2 of the introduction says " Many Chinese buyers were looking to invest and buy condominium units in Pattaya in the past 1 -2 years, but still cannot replace Russians." yes I'm sure they are. In fact I bet the Chinese buyers are lining up down the street because Pattaya condomiums are so much better value than the 64 MILLION empty places back home http://www.globalresearch.ca/china-ghost-cities/5421229 Link to comment Share on other sites More sharing options...
JSixpack Posted November 22, 2016 Share Posted November 22, 2016 2 hours ago, Asiantravel said: paragraph 2 of the introduction says " Many Chinese buyers were looking to invest and buy condominium units in Pattaya in the past 1 -2 years, but still cannot replace Russians." yes I'm sure they are. In fact I bet the Chinese buyers are lining up down the street because Pattaya condomiums are so much better value than the 64 MILLION empty places back home http://www.globalresearch.ca/china-ghost-cities/5421229 Exactly. Any fool knows they won't buy here until all those are gone! Link to comment Share on other sites More sharing options...
Jingthing Posted November 22, 2016 Share Posted November 22, 2016 Could be some big bargains coming soon. Check the visa news! Link to comment Share on other sites More sharing options...
KittenKong Posted November 22, 2016 Share Posted November 22, 2016 3 hours ago, Asiantravel said: In fact I bet the Chinese buyers are lining up down the street because Pattaya condomiums are so much better value than the 64 MILLION empty places back home One advantage of condos in Thailand is that they arent back home. I think that the Chinese are just as likely to have tainted cash as all the other nationalities that have bought here over the years. Link to comment Share on other sites More sharing options...
autoc Posted November 22, 2016 Share Posted November 22, 2016 Only the new Viewtalay are expensive and the bets choice are VT1 and VT2, both build with better material than new buildings and both still as good as the new ones 10 or 15 years later. Except if you really want a real front beach no need to buy any other but Vt1 and Vt2. I think they are the best choice in Pattaya for someone who does not want to spend more than 2 millions. Link to comment Share on other sites More sharing options...
autoc Posted November 22, 2016 Share Posted November 22, 2016 12 hours ago, pattayalover said: just been in view talay 1 to give a look around , balcony is very small. seen one condo at 1.3 million on an advertising panel in the lobby. swimming pool look nice. Also giant car park that no other condo in Pattaya offers. Link to comment Share on other sites More sharing options...
pegman Posted November 23, 2016 Share Posted November 23, 2016 2 hours ago, autoc said: Only the new Viewtalay are expensive and the bets choice are VT1 and VT2, both build with better material than new buildings and both still as good as the new ones 10 or 15 years later. Except if you really want a real front beach no need to buy any other but Vt1 and Vt2. I think they are the best choice in Pattaya for someone who does not want to spend more than 2 millions. I think the 37m studios in VT2 have been going for b1.75m. The 41m for a bit more. Link to comment Share on other sites More sharing options...
Gary A Posted November 23, 2016 Share Posted November 23, 2016 As for myself, I'd never pay the premium for a beach view condominium. Other than the first few weeks, how many people sit and stare at the sea? Then you have the problem with the salt air. Your car will get rusty and your electronic things will corrode and fail. Link to comment Share on other sites More sharing options...
londoedan Posted November 23, 2016 Share Posted November 23, 2016 4 minutes ago, Gary A said: As for myself, I'd never pay the premium for a beach view condominium. Other than the first few weeks, how many people sit and stare at the sea? Then you have the problem with the salt air. Your car will get rusty and your electronic things will corrode and fail. Can't agree. I've lived in several different units around C Pattaya over the years, renting, and I was happiest in a studio on a high floor at VT6. It was a side view but looking out over the bay was lovely. Link to comment Share on other sites More sharing options...
newnative Posted November 23, 2016 Share Posted November 23, 2016 I don't know how many people like to sit and stare at the ocean but I'm one of them. I enjoy the boat activity on the bay and it's nice to sit on the balcony with a good book or catch up with the news on the internet while I enjoy the bay as well. Condos with seaviews do cost more but I think you'll find they are an easier sell down the road--at least they have been for me. Link to comment Share on other sites More sharing options...
questionsreplies Posted November 23, 2016 Share Posted November 23, 2016 5 hours ago, newnative said: I don't know how many people like to sit and stare at the ocean but I'm one of them. I enjoy the boat activity on the bay and it's nice to sit on the balcony with a good book or catch up with the news on the internet while I enjoy the bay as well. Condos with seaviews do cost more but I think you'll find they are an easier sell down the road--at least they have been for me. Yes this is so clear ! but many are too poor to admit it.... Link to comment Share on other sites More sharing options...
onemorechang Posted November 23, 2016 Share Posted November 23, 2016 Just now, questionsreplies said: Yes this is so clear ! but many are too poor to admit it.... Or they had a see view before, but the vacant land in front of there dream condo got developed !!!!!!!!!!!!!!!! That never happens in this town. Link to comment Share on other sites More sharing options...
james1995 Posted November 23, 2016 Share Posted November 23, 2016 Yes, very overpriced. But people still buy. A few. I'm content with a 5k a month studio apartment(no sea view but rooster calls in the morning). I've never had any desire to own anything, especially a phukin house. Link to comment Share on other sites More sharing options...
giddyup Posted November 24, 2016 Share Posted November 24, 2016 5 hours ago, james1995 said: Yes, very overpriced. But people still buy. A few. I'm content with a 5k a month studio apartment(no sea view but rooster calls in the morning). I've never had any desire to own anything, especially a phukin house. Some people are content living in a space designed for hamsters, others enjoy a spacious house and a tropical garden. Place to park your car, have a bbq, relax in the garden etc. Link to comment Share on other sites More sharing options...
Gary A Posted November 24, 2016 Share Posted November 24, 2016 My condo is 60 square meters. When I was looking, the main requirement was a low rise with no narrow dark hallways, a separate bedroom, plenty of storage and a place for a washing machine. No way could I live long term in a shoebox. I live upcountry on a 2.5 rai yard in a two bedroom house. The condo is there when I want a change of scenery. I like to tinker with things and a condo has no place for a workshop or garden. With the house and condo, I have the best of both worlds. A sea view means nothing to me and only means salt air corrosion problems. My condo is 800 meters from the beach. The house is in a scenic area close to beautiful rock formations and mountains. Obviously it's different strokes for different folks. Link to comment Share on other sites More sharing options...
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