Gecko Properties are Pattaya’s new leading property agent for ‘off plan’ developments. We have established relationships with Thailand’s best property developers for building high quality condominiums and houses in the Pattaya area.
Pattaya's real estate market is very hot at the moment and with the market set to continue the future looks very bright. The most common way investors maximize their returns is to buy ‘off plan’ condos and/or homes when the developer has only just obtained the land and designed the project concept and layouts. This can be anything up to 12 months before construction starts.
The benefits of this approach are that buyers and investors who get in early get the best unit, in the best location at the lowest possible price. This maximizes your return if you decide to sell you unit on at a later date or rent out the property. This approach is not without risk as you don't have the benefit of seeing the actual unit before you make a commitment. However most reputable developers will have extensive showrooms, actual views and finishing’s available for you to see.
Another major factor for buyers buying ‘off plan’ is the payment plan. It is quite common now for developers to make the final payment a larger amount with smaller stage payments over the construction period. Most developers offer 50-70% only payable when the project is complete and you can take possession. This makes your investment risk substantially lower but your return on investment still at its maximum.
Whatever your reason for purchasing a new development project we at Gecko Properties can assist you.
If you require any further information please do not hesitate to contact us.
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