Ready to Move in Condominiums in Pattaya, Thailand: A safe bet?
It is no secret that ready to move in projects may be a bit more costly than the pre launched projects in Pattaya, Thailand. Is it still worth going for one? Nitin Trikha, Director – Real Estate, Huntsman IndiaThai Co. Ltd, analyses
In today’s economic situations a “Buyer” is more inclined towards buying a ready to move in condominium rather than waiting for a couple of months on completion of any of the projects across Pattaya, Thailand. This is a right approach backed by solid reasons.
The real estate world has gone through a serious down phase over the past couple of years, resulting in lower new launches, price reductions and higher unsold condominiums. This has encouraged developers to offer attractive deals, discounts and various freebies to attract buyers of ready-to-move-in condominiums. Therefore, it makes sense for buyers to invest in a ready-to-move-in condominium project rather than wait for a new project to come up over a period of time. Also, prices are beginning to rise again, and the market is looking up steadily ~ Now is the best time to invest in Pattaya real estate market, and a condominium project that’s ready to be moved in obviously has great appeal.
“Rental Income Potential”
A lot of investors buy condominiums with the objective of earning rental income or re-selling them to earn profits. Purchasing a condominium in a completed project helps them to start earning immediately out of it through rentals rather than waiting a few years and locking their money away in a non-income generating project.
The real estate market is still fragmented, and there are a few of fly-by-night operators who dupe unwary buyers and investors by collecting the initial sums and then vanishing. In these uncertain times, people want security and assured returns, and finished projects offer them this stability and guaranteed safety of a project.
“Uncertain Delivery Timelines”
Unfortunately, the cases of delayed delivery of condominium projects have been on a consistent rise owing to various factors plaguing the real estate market. This directly impacts the financial burden on a buyer, for whom the uncertainty costs a lot of money. Therefore, it makes more sense for buyers to invest in a completed condominium projects rather than ones that is mid-way or about to begin.
These are some valid concerns for buyers; and the demand for ready-to-move-in condominiums works equally well for developers, who can offload their unsold inventory and get much-required liquidity.
But as we all know there are exceptions in every field and thus New Nordic Company offers an exceptional Investment plan which can relieve all the “Buyers” of the above discussed potential worries. New Nordic offers 10% guaranteed returns for a period ranging for 10 to 20 years and this guarantee starts from the very first day when you buy condominiums from them. It also offers “Buy Back” in some of its Projects.
Join the thousands of people that have been receiving 10% yearly returns on their investments for the last 8 years. Investments that are legally secured against properties thus giving them total peace of mind that their funds are safe. For more information on this investment opportunity please visit www.newnordic.emergingtrendsinvestments.com