Pattaya makes for a truly convenient, affordable and accessible holiday home or investment. Many foreigners ’acquire’ land property in Pattaya through their Thai spouse, as under Thai law foreigners are not allowed to own land. Although they enjoy de facto ownership, the property is never legally theirs. Alternatively, they may negotiate a 30 year lease with the Thai owner.
As is the case throughout Thailand, it is wise to appoint a good lawyer who is fluent in your language to ensure you understanding all the legalities and proceedings. Additional, a good agent is essential when you buy a property in Pattaya. The market attracts a lot of attention, mostly from big agents that are supported by a professional network of services. Agents in Pattaya are numerous and often managed by foreigners, many may be found by taking a walk around the town.
