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Studio Viewtalay 2A For Sale


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The View Talay 2 Condominium Complex is located in an ideal situation, off the Thappraya Road, extremely near the famous Jomtien Beach. The development is the second of many condominium projects completed in the Pattaya-Jomtien area by the accomplished and extremely experienced View Talay developers. The complex is situated adjacent to ViewTalay Condominium Complex 1 and directly opposite the recently completed View Talay Condominium 5 development.

 

The site features two identical 18-storey tower complexes (A & B). The buildings’ amenities include two extremely large swimming pools, with attached restaurant and bar facilities. Other facilities located on the ground floor of the apartment complexes include a mini-mart, laundry and dry cleaning services, internet cafes, salons and massage parlours, as well as a variety of travel agents and a host of other convenient services.

 

offers 41 sqm studio, on 12th floor, Pattaya side, one bathroom, fully furnished, euro-kitchen, fridge, TV with Cable TV, microwave, 1 AC, 2 ceiling fans, 24 hr security.

 

The View Talay 2 Condominium Complex is literally a stone’s throw from the extremely pleasant Jomtien Beach, popular with tourists, families and residents alike. Apart from the beach with its myriad of water-sports, and nearby supermarket, Jomtien features a host of fine dining restaurant, on a par with those of any capital city, worldwide. Access to the first-class shopping facilities and exotic entertainments of Pattaya is provided by a regular baht bus taxi service, which literally runs past the

entrance to View Talay 2, seven days a week, until the early hours of the morning

 

Asking Price: 1.7 Million Baht ( Foreign Name)

Tax & Transfer Fee: 50/50

Studio 41 sq.m.jpg

King Size Bed.jpg

sofa & dressing table.jpg

TV & table.jpg

Kitchenette.jpg

Shower.jpg

Over looking sea view Pattaya side.jpg

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  • 1 year later...

Is the bathroom a special design for Verne Troyer?

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Price seems quite reasonable. How hard is it to get a loan on property in Thailand? Especially condos?

 

If you are Thai, or married to a Thai and can demonstrate a regular income in Thailand a bank loan can be arranged but it would need to be bought in a Thai name. If you want to buy in a foreign name the funds have to be sourced from outside Thailand and transfered to Thailand in a foreign currency specifically for the purchase of property. Then you can buy in your name and have foreign title.

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If you are Thai, or married to a Thai and can demonstrate a regular income in Thailand a bank loan can be arranged but it would need to be bought in a Thai name. If you want to buy in a foreign name the funds have to be sourced from outside Thailand and transfered to Thailand in a foreign currency specifically for the purchase of property. Then you can buy in your name and have foreign title.

 

Ok. So where would the foreigner, not married to a Thai, be able to borrow the money? Do lenders exist that will cater to foreigners buying property in Thailand? Can the loan be arranged through a broker in Thailand and the funds transferred in? Or would I have to search around my local community to find a lender? Just a curiosity. I have given thought to buying a vacation condo in Pattaya sometime in the next few years.

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I am no expert but I have owned a couple of condo's in Viewtalay 2 and 5 and I can only speak of my experience. In Viewtalay 2 I bought an existing room, this was about 10 years ago. As I had equity in my home I borrowed the money for home improvements. These are not checked by the bank if the amount is not to high. You I could also say buying a car or household furniture. Depends on the banking system in your country. The money was then transfered to Thailand to pay for the room. The second time I bought two rooms off the plan in 2005 in Viewtalay 5. I sold the original VT2 room and transfered the funds back to Aus to clear the debt and used the profit as the deposit on the 2 VT5 rooms. After the initial deposit the Developer provided interest free payments over the construction period up to 50% of the price. When VT5 was completed in 2006 I had paid 50% of the price and again borrowed money for home improvements to pay the balance. These 2 rooms were converted into a one bedroom apartment and sold in 2007 for a 1M baht profit. As I am starting to think of retirement I have started looking again for one or two condo's in either Bangkok or Pattaya.

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Price seems quite reasonable. How hard is it to get a loan on property in Thailand? Especially condos?

 

I bought my second condo ( 42sqm, farang name ) for. 1.5 mill in june 2012.... ( the asked price was 1.65 mill... )

 

See the pictiures clicking on my signature....

 

I know many for sale for 1.6 ... and some are negotiable....

Edited by Gabor
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The condos seem OK, but if I ever bought anything like that, the cheap furniture would have to go. Certainly there must be a place in Pattaya or Bangkok that has decent furniture.

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. After the initial deposit the Developer provided interest free payments over the construction period up to 50% of the price. When VT5 was completed in 2006 I had paid 50% of the price and again borrowed money for home improvements to pay the balance.

Is this really interest free for you? You are paying a deposit for something that isn't there, instalments for something that I hope was currently under construction, and was required to hand over the balance at completion/ handover. Wasn't it actually you giving the developer an interest free loan? Edited by jacko
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Is this really interest free for you? You are paying a deposit for something that isn't there, instalments for something that I hope was currently under construction, and was required to hand over the balance at completion/ handover. Wasn't it actually you giving the developer an interest free loan?

 

Whatever Jacko. If I was negative I would not have got the condo and made a nice profit. Also a off the plan condo can be sold anytime, it does not have to be completed. Anyway this is off topic for the original poster trying to sell a condo.

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Whatever Jacko. If I was negative I would not have got the condo and made a nice profit. Also a off the plan condo can be sold anytime, it does not have to be completed. Anyway this is off topic for the original poster trying to sell a condo.

It may be off topic but important. Don't you know anyone who put money down for an off-plan condo that never got started? I certainly do. I regard off-plan purchasing as a high degree risk one takes in order to secure a favourable price and terms.

 

As for getting back on topic.... see OP........ there is a good second hand market.

Edited by jacko
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The condos seem OK, but if I ever bought anything like that, the cheap furniture would have to go. Certainly there must be a place in Pattaya or Bangkok that has decent furniture.

 

I

I am no expert but I have owned a couple of condo's in Viewtalay 2 and 5 and I can only speak of my experience. In Viewtalay 2 I bought an existing room, this was about 10 years ago. As I had equity in my home I borrowed the money for home improvements. These are not checked by the bank if the amount is not to high. You I could also say buying a car or household furniture. Depends on the banking system in your country. The money was then transfered to Thailand to pay for the room. The second time I bought two rooms off the plan in 2005 in Viewtalay 5. I sold the original VT2 room and transfered the funds back to Aus to clear the debt and used the profit as the deposit on the 2 VT5 rooms. After the initial deposit the Developer provided interest free payments over the construction period up to 50% of the price. When VT5 was completed in 2006 I had paid 50% of the price and again borrowed money for home improvements to pay the balance. These 2 rooms were converted into a one bedroom apartment and sold in 2007 for a 1M baht profit. As I am starting to think of retirement I have started looking again for one or two condo's in either Bangkok or Pattaya.

 

Not sure if that could be pulled off today from a US based bank. They watch and inspect every loan carefully. Especially if you specify the purpose. There is such a thing as a HELOC (home equity line of credit) that basically is used like a credit card secured against the equity in your house. The way the real estate market here is increasing, the equity option could be a good one in the next few years. I may have to ask around on my next trip to Pattaya how others finance.

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I

 

Not sure if that could be pulled off today from a US based bank. They watch and inspect every loan carefully. Especially if you specify the purpose. There is such a thing as a HELOC (home equity line of credit) that basically is used like a credit card secured against the equity in your house. The way the real estate market here is increasing, the equity option could be a good one in the next few years. I may have to ask around on my next trip to Pattaya how others finance.

 

I think many people just pay cash for the cheaper condos. 1.5 million baht is only $50K or so. Pay the money and be done with it. You've got a cheap place to live, with your only expenses being the monthly condo fee and your water and electric bill, plus any cable TV or Internet.

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