Pattaya is a wonderful city and it has many attractions to suit the single male. There are plenty of clubs that they can join, the golf is outstanding, and then, of course, there are the bars. Pattaya is a city that you can fall in love with easily and it is equally easy to fall in love with a person quite quickly too! When this happens, the city becomes a place where individuals may want to invest, often in a budget condo and use this as a place that they can visit frequently or perhaps even stay a little longer depending on their own personal circumstances.
Great value for a 1 bedroom with pool view in a newly delivered project
Why Purchase a Budget Condo?
There are many reasons why a condo may become a ‘budget condo’ and frequently these are not mutually exclusive. Often these condos have been owned for years, and as Pattaya has moved forward and advanced so too have the condos. Like with most things, what was state-of-the-art 20 years ago, is often far adrift from that now. Also, the huge fluctuations in currencies, the Ruble, for example, which halved in value in 3 years play a big part when owners simply can’t afford to live in Thailand anymore. Then, of course, there are the people who need to leave to country quickly for whatever reason and the condo becomes a ‘fire sale’.
Older properties do have some advantages that can make them appealing that go beyond simply the price. A lot of the older properties have larger units with studios frequently more than 40sqm in size. It is quite common for these buildings to be in prime locations as well due to the fact that they were built long before the city started to expand. What used to be on the outskirts is now in the centre of the city. The fact that they are in these prime locations can take away need for your own transport which is another huge advantage. When you buy an older condo, it might need renovating – something that is relatively cheap or you may pay a premium to purchase one that is already in good condition.
Even in recent projects in Jomtien, you can find some hot deals
Here at Pattaya Prestige Property, we have scores of quality budget condos on our books. For example, condos such as Jomtien Beach Condo or View Talay 2 here Jomtien are in prime locations close to the beach, bars and restaurants. In Pratamnak, there is Ruamchok 2, an older condominium but want that has been well maintained over the years with many units having been recently renovated. Of course, in Central and South Pattaya there are other similar examples with Yensabai Condotel immediately springing to mind.
Naturally, it is not just the older projects that have an appeal. There are some fantastic deals to be had in newer projects with Laguna Beach Resort in Jomtien and Art On The Hill in Pratamnak being fine examples. In reality, these types of project can be found all around the city with many condominiums available for 1.5 million Thai Baht or less. These are safe investments and make a great home from home for the single man.
This spacious studio condo in the center of Jomtien