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Guest pattayanick

Prob The Best Investment In Pattaya

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Guest pattayanick

After 2 houses which i still have i decided to buy myself a condo.

Ive looked all over town and think this is the best place that will be built in pattaya.

Cosy beach i had never been to untill last week but its a very nice beach only a few hundred meters from the site of The Cliff Residence

I managed to get a place on the 24th floor looking over pattaya bay the evening view will be awsome.

I think by the time this 5 star place is up and running in 2 years i would of made atleast 30% gain

Remember its 5mins from walking street on bike, has awsome facilities and tropical gardens its not just a concrete high rise like say VT6

Nova Group has done out 5 star places already around town so i expect a quality finish

I think ive done the right thing this time

http://www.thecliffpattaya.com/thecliffpattaya.html

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I think by the time this 5 star place is up and running in 2 years i would of made atleast 30% gain

http://www.thecliffpattaya.com/thecliffpattaya.html

Could also be:

I think by the time finance will dry up and completion date will be put back for the umpteenth time, I'll be lucky if i lost only 30%............ :whistling:

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TBH, I don't think I'd ever buy a condo that had been complete for less than about 3 years. As Assassin says, they very often fail to get completed. Also, when they're brand new, everybody is in there with hammer drills and other power tools fitting out finishing and the individual units. I was in VT5D about 6 months after it opened and it sounded like a hornet's nest. Nobody in there could possibly sleep much after 8 in the morning. No thanks.

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TBH, I don't think I'd ever buy a condo that had been complete for less than about 3 years. As Assassin says, they very often fail to get completed. Also, when they're brand new, everybody is in there with hammer drills and other power tools fitting out finishing and the individual units. I was in VT5D about 6 months after it opened and it sounded like a hornet's nest. Nobody in there could possibly sleep much after 8 in the morning. No thanks.

Dont think the drilling will b a prob for OP as it sounds like an investment purchase rather than a place to live.

The incompletion scenario is far more worrying, even though it must be said, the Nova Group have a long and decent track record and knowing Ronny, he is too shrewd to run out of finance or fold over

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Who is Ronny and The Nova Group ?

You can Google the Nova Group. One of (if not) the biggest property developments groups in Pattaya & area. and Ronny owns it

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Guest hanibal7

One shouldnt be buying property thinking one is going to make profit from inflation.I suppose rentals seem to be increasing thruout central pattaya,think the thai owners are getting more clever.

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One shouldnt be buying property thinking one is going to make profit from inflation.I suppose rentals seem to be increasing thruout central pattaya,think the thai owners are getting more clever.

One was not banking on a 30% inflation in 2 years me thinks...

One was thinking more in terms of value.

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Many condos being built now. Are there enough punters given the growing rivalry of Phuket and Phillipines.

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Many condos being built now. Are there enough punters given the growing rivalry of Phuket and Phillipines.

Probably not.

I wouldn't buy in Thailand but good luck to anybody that does.

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Guest Parkwahn
Many condos being built now. Are there enough punters given the growing rivalry of Phuket and Phillipines.

Cant compare Phillipines food is dire and crime is bad, Phuket I would be interested to see the yields I cant see 9% like Pattaya.

With the new Casino and rail link rich Bangkok folk will be here, its boom town..

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Cant compare Phillipines food is dire and crime is bad, Phuket I would be interested to see the yields I cant see 9% like Pattaya.

With the new Casino and rail link rich Bangkok folk will be here, its boom town..

I read that Phillipines is very much in demand..not Angeles but the islands..Phuket is very much on the up. Some people just like a place to live, without an investment interest.

Pattaya, according to some folks who have been there a while, say its long stay inhabitants are dwindling.

I don't know as new to the place. Just what I have read.

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Guest Parkwahn
I read that Phillipines is very much in demand..not Angeles but the islands..Phuket is very much on the up. Some people just like a place to live, without an investment interest.

Pattaya, according to some folks who have been there a while, say its long stay inhabitants are dwindling.

I don't know as new to the place. Just what I have read.

Phuket is very expensive, I would not live in Phillipines each to their own, but 9% return is good thats a fact, people said the world was flat each to their own.

If a guy plans to live here why would he not buy ?

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Guest Tripper
With the new Casino and rail link rich Bangkok folk will be here, its boom town..

Casino, When did this happen ??

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Guest Parkwahn
Casino, When did this happen ??

People who invest look to forcast, people who clean cars clean cars :grins-jump:

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Guest Tripper
People who invest look to forcast

So your murmurings are based on what's seen in a crystal ball, we aint gunna see a Casino any time soon.

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Cant compare Phillipines food is dire and crime is bad, Phuket I would be interested to see the yields I cant see 9% like Pattaya.

With the new Casino and rail link rich Bangkok folk will be here, its boom town..

No you can't.

Philippines, stable Country with a democratically elected Government.

Thailand, on it's 18th Military Coup, Army in charge, God knows what will happen when Elvis leaves the building.

Philippines, walk in 21 day visa and stay for two years. Invest $50,000 and get it back in 6 Months you get a permanent residence, can work and own a Townhouse.

Thailand, very tough visa and work regulations.

Philippines you Marry a Filipino you can own land if She dies..

Thailand, No.

The food in the Philipinnes is great. The new A.C. shopping mall has better grub than ANYWHERE Pattaya has to offer.

No brainer.

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I read that Phillipines is very much in demand..not Angeles but the islands..Phuket is very much on the up. Some people just like a place to live, without an investment interest.

Pattaya, according to some folks who have been there a while, say its long stay inhabitants are dwindling.

I don't know as new to the place. Just what I have read.

I don't care what anybody says the exchange rate is hurting Pattaya. The 'new' tourists are lookers, walking around looking at the place, not spending the cash.

Until the exchange rate improves, I can't see Pattaya improving.

Buying property in Asia is super risky.

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I don't care what anybody says the exchange rate is hurting Pattaya. The 'new' tourists are lookers, walking around looking at the place, not spending the cash.

Until the exchange rate improves, I can't see Pattaya improving.

Buying property in Asia is super risky.

Lots of Asian money going into Thailand, and the biggest payers i'd say would be Korean/Jap/Chinese...things will improve for them, if they want it to......but yea, the Arab, Indian and most Russian are lots of tyre kickers or into 'buy one, get my 5 mates' free numbers......that must be horrendous when that stroke gets played back at the Hotel room, if the TG is alone and frightened :(

But yea, it's even more risky considering when the Big Lad leaves the arena, anything's possible....defo wouldn't put all my eggs in the one basket :closedeyes:

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Lots of Asian money going into Thailand, and the biggest payers i'd say would be Korean/Jap/Chinese...things will improve for them, if they want it to......but yea, the Arab, Indian and most Russian are lots of tyre kickers or into 'buy one, get my 5 mates' free numbers......that must be horrendous when that stroke gets played back at the Hotel room, if the TG is alone and frightened :(

But yea, it's even more risky considering when the Big Lad leaves the arena, anything's possible....defo wouldn't put all my eggs in the one basket :closedeyes:

What you done is sensible, buy a little place for you to stay when on holiday. To buy there and try to project future investments in my opinion is nuts.

Yes, my 2nd trip to Pattaya all these years ago I spoke to a service girl in the old Planet Rock (remember that guys) and She looked pretty beat up. I asked what happened and turned out this Arab took Her to His room and another five was there, they kept Her a prisoner for 5 days, gang raping her then beat Her up. Left Her in the room then left.

What a nick She was in. Terrible.

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What you done is sensible, buy a little place for you to stay when on holiday. To buy there and try to project future investments in my opinion is nuts.

Yes, my 2nd trip to Pattaya all these years ago I spoke to a service girl in the old Planet Rock (remember that guys) and She looked pretty beat up. I asked what happened and turned out this Arab took Her to His room and another five was there, they kept Her a prisoner for 5 days, gang raping her then beat Her up. Left Her in the room then left.

What a nick She was in. Terrible.

Stories like that make me want to do a 'Walrus' :brickwall: .......disgusting, really, makes me sick.....i've heard stores like that as well, them locking the door, phone taken from the TG ect, though only for a few hours, not for days, but can well believe it.....most of the TG's i know, are wise to it, but once back in the room, that's it...animals :angry:

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Guest pattayanick

f**k me, not one post thinking its a good investment, well for 2.6million with the views and quality of what its going to be i think its an awsome investment. 40% down over 2 years and 60% on completion i think a tad over 1million aint much of a risk if it going to get finished or not.

The beach is awsome i had never been down there in 11years ive been here and that made it for me its like a quiet little retreat but just minutes from the action,

I laugh when i hear the stories of dont buy property etc what a load of bull, ive got a 9million baht home and for the past 2 years getting 70,000baht/month rent will it last forever i dont know but many people rent here in pattaya it would still easily go for say 40,000 month if i had to. My other house up Khow Noi, 4 million end of street private garden with pool etc paid for and costs me just a few thousand a month to live in.

I guess its all down to what you can afford

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Guest SpicyMartin
f**k me, not one post thinking its a good investment, well for 2.6million with the views and quality of what its going to be i think its an awsome investment. 40% down over 2 years and 60% on completion i think a tad over 1million aint much of a risk if it going to get finished or not.

The beach is awsome i had never been down there in 11years ive been here and that made it for me its like a quiet little retreat but just minutes from the action,

I laugh when i hear the stories of dont buy property etc what a load of bull, ive got a 9million baht home and for the past 2 years getting 70,000baht/month rent will it last forever i dont know but many people rent here in pattaya it would still easily go for say 40,000 month if i had to. My other house up Khow Noi, 4 million end of street private garden with pool etc paid for and costs me just a few thousand a month to live in.

I guess its all down to what you can afford

Hey crack on mate..... you're the young guy working offshore in the Gulf of Thailand yes? If I was on a salary like yours (I'm offshore but a contractor) I'd be doing the same thing...... put it in bricks and mortar, don't get emotionally involved with it and put it in the hands of a watertight management company to rent out.

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Guest Parkwahn
So your murmurings are based on what's seen in a crystal ball, we aint gunna see a Casino any time soon.

So you have got a better crystal ball :grins-jump:

Keep cleaning cars mate its all you are good for :grins-jump:

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