If you are not sure whether to buy or rent a property in Pattaya, the best thing that you can do is search properties from seaboard-properties.com and other online property sites. There are factors that you need to consider in order for you to come up with a wise decision. Some of these factors include the following:
Duration of your stay in the area
To help you decide whether to rent or purchase a property is to consider whether you are going to stay in a place for long or for good. If you are to have the property as your retirement home, then buying a house would be the best option. However, if you in Pattaya for a work assignment and you are going to stay in the area for only a few years, then renting a condo, an apartment or a fully furnished house would be a wise decision. On the other hand, if you are a Thai national, buying a house than renting it would be better since renting a property is paying and spending on something which cannot be yours in the long run.
Consider your budget
If budget is not an issue and you are in for the long haul in Pattaya, then buying a house would be an excellent option. However, if you are working on a budget, even if you would stay in the area for a long time or even for good, renting a house from seaboard-properties.com is worth to consider. You can just rent for a while until your budget is ready for a house. You can also mortgage the property if your money is not yet ready.
Factor in recurring fees
Renting a condo incurs recurring fees such as monthly rental, insurance and other fees required from a condo renter. When you buy a property such as a condo, you also incur a considerable amount of money for mortgage if ever the property is mortgaged, condo fees, maintenance fees, property tax and others. Make a research at seaboard-properties.com on which type of property is suitable to your budget, lifestyle and property purpose.