Frequently Asked Questions (FAQ)

1. What types of properties can be found in Pattaya?  
Pattaya features:  
- Condos: Contemporary apartments with views of the sea or city.  
- Villas: Upscale residences with private pools and gardens.  
- Townhouses: Budget-friendly options suited for families or investors.  
- Commercial properties: Perfect for entrepreneurial ventures.  

2. Is it more advantageous to buy or rent property in Pattaya?  
Buying: Suitable for long-term plans or investments.  
Renting: Best for short stays or for those wanting to explore before making a commitment.  

3. What are the prominent areas or neighborhoods in Pattaya?  
- Central Pattaya: Lively nightlife, shopping opportunities, and beaches.  
- Pratumnak Hill: Tranquil, upscale area with breathtaking views.  
- Jomtien: Family-oriented and laid-back.  
- Naklua/Wong Amat: Opulent beachfront living.

4. Can non-nationals purchase property in Pattaya?  
Absolutely! Foreigners can:
- Fully own condos (following the 49% foreign ownership quota).  
- Long-term lease land or homes (30 years with renewal options).  

5. What steps are involved in acquiring property in Pattaya?  
- Select a property.  
- Perform legal and financial due diligence.  
- Sign a purchase agreement and provide a deposit.  
- Complete the ownership transfer at the Land Office.  

6. What additional expenses should I expect when buying property?  
Prepare for:
- Transfer fees: approximately 2%  
- Stamp duty: 0.5%  
- Withholding tax: around 1% for individuals  
- Legal and administrative costs.  

7. How long does the property purchasing process usually take?  
Typically, the entire process from negotiation to transfer spans 2 to 6 weeks.  

8. Are financing options available for foreign property buyers?  
Financing opportunities are limited for international purchasers.  
Local banks might offer loans under specific conditions, such as proof of Thai income.

9. What is the standard rental process in Pattaya?  
- Locate a property.  
- Discuss terms.  
- Sign the rental agreement.  
- Pay a security deposit (equivalent to 2 months' rent) along with the first month's rent upfront.  

10. What is the average rental cost?  
- Condos: THB 8,000–50,000 per month (depending on location and size).  
- Houses: Starting from THB 20,000 per month for family residences.  

11. Are both long-term and short-term rentals available?  
Yes!  

- Short-term: Favored by tourists.  
- Long-term: A cost-effective choice for families and expatriates.  

12. What elements are included in rental contracts?  
- Duration of the rental and payment conditions.  
- Security deposits.  
- Maintenance responsibilities (landlord vs. tenant). 

13. What legal prerequisites exist for foreign buyers?  
- Proof of funds transferred to Thailand in foreign currency.  
- A Foreign Exchange Transaction Form (FET) necessary for condo purchases.  

14. How do property ownership regulations apply to foreigners?  
- Condos: Foreign nationals can own outright (within legal limits).  
- Land: Lease agreements for up to 30 years or establish company structures in accordance with Thai laws.  

15. What is a Chanote title deed?  
The Chanote represents the most secure type of land title, ensuring ownership with clearly defined boundaries.  

16. Is hiring a lawyer advisable for property transactions?  
Yes! A lawyer guarantees: 
- Proper due diligence.  
- Clear contracts.  
- Adherence to legal requirements

17. Do you provide property management services?  
Yes, we offer:
- Tenant management.  
- Property upkeep.  
- Financial reporting for rentals.  

18. What services are included in property management?  
- Rent collection.  
- Coordination of repairs.  
- Routine inspections and maintenance.  

19. How can I lease my property in Pattaya?  
Our property agency team assists with:
- Property listings.  
- Tenant screening.  
- Managing rental property and agreements.

20. Is Pattaya a worthwhile destination for real estate investment?  
Certainly! With a flourishing expat community, an influx of tourists, and modern infrastructure, Pattaya provides excellent rental returns (5-8%) and prospects for long-term appreciation.  

21. What are the current trends in the property market?  
- Increasing demand for luxury condos and villas.  
- Emphasis on sustainable and modern design.  
- High interest in coastal properties.

22. What is the expected ROI (Return on Investment) for rental properties?  
ROI generally ranges from 5% to 8% annually, influenced by location, type of property, and management.

23. What amenities are typically found in Pattaya properties?  
- Swimming pools.  
- Fitness facilities.  
- 24/7 security.  
- Convenient access to shopping centers, beaches, and public transportation.  

24. What is the lifestyle like in Pattaya?  
Pattaya offers a vibrant combination of:
- Nightlife: Lively bars and clubs.  
- Relaxation: Stunning beaches and spas.  
- Family-friendly activities: Amusement parks, water parks, and cultural venues.  

25. Are there international schools and hospitals nearby?  
Yes!  

- Schools: Regents International School, St. Andrews.  
- Hospitals: Bangkok Hospital Pattaya, Pattaya Memorial Hospital.

26. Can foreigners possess land in Thailand?  
Foreigners cannot directly own land but can:
- Lease for a maximum of 30 years.  
- Utilize company structures (with legal advice).  

27. How is ownership transferred?  
Ownership transfer occurs at the Land Office, which includes:
- Verification of documents.  
- Payment of fees.  
- Signing the final agreement.  

28. What are the property maintenance costs in Pattaya?  
- Condos: Maintenance fees vary from THB 30–50 per square meter monthly.  
- Houses: Maintenance costs depend on utilities, landscaping, and repairs.  

29. What should I consider prior to relocating to Pattaya?  
- Visa requirements.  
- Living expenses.  
- Accessibility to amenities and lifestyle preferences.  
- Long-term objectives (residence versus investment).  

Contact Us
Phone: +66 808891996 and +66 0922600881
Email: [email protected]  
Website: www.seaboard-properties.com  

We are ready to assist you in discovering your ideal property in Pattaya. Reach out to us today for further information!