The wonderful thing about the real estate market in Thailand is that almost anyone can participate. As long as you have a full-time job guaranteeing your salary at the end of every month then most lenders will want to talk to you about lending you the money to buy a property. In most cases, banks or building societies only want you to put up a 10 to 20% deposit in order to qualify, so this is why we all need to start looking to the Thailand property market to guarantee our financial futures.
There are so many different properties to choose from here in Thailand from condos to single or two-storey buildings and when it comes to Pattaya real estate investment all of these properties are currently available to you and at great prices. If you have been investing your money into other ventures that are pretty high risk then the following are some of the top reasons why you need to seriously consider investing in property here in Thailand.
All of that Extra Cash
In the vast majority of cases, the money that you have to pay back to your lender each month is below the amount of money that you want to charge in rent. It’s not difficult renting your property in this seaside town due to its popularity with locals and tourists alike. If you like, you can just rent your property at the busy times of the year and this will allow you to charge well in excess of what you are paying out in mortgage payments each month.
So Many Different Opportunities
As was touched on briefly before, you are not restricted as to the types of properties that you can invest in. Pattaya is particularly popular with tourists who like to come to the area for the beach and other attractions. This will allow you to invest in things like condos and larger apartments that you can rent out for quite high rent. Then there are single and two-storey properties to rent to families and this is an investment over the long term.
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A Significant Nest Egg
If it is your wish to sit on the property and just live in it, you can expect it to increase in value over the coming decades until it’s time for you to retire. People always talk about having a nest egg to rely upon for our retirement years and you can expect your property to at the very minimum to double in price or more. This gives you financial security not only for your future but for your family members as well.
Hopefully these three reasons can encourage you to start investing in real estate and especially so in the Pattaya area. Talk to your lender today to find out how much money that they would be prepared to lend you and then start looking for investment opportunities within your price range. Today’s the day when your financial future changes for the better.
