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What is a Condominium in Thailand: Features and Benefits

Condominiums in Thailand are one of the most popular types of real estate, especially among foreign buyers. These modern residential complexes offer comfort, excellent infrastructure, and exciting opportunities for real estate investment in Thailand. In this article, we will explain why buying a condominium in Pattaya is a smart choice.

What is a Condominium?

A condominium is a multi-unit residential building where each apartment is privately owned. Shared areas, such as pools, gyms, parking spaces, and gardens, are co-owned by all unit owners. Foreigners are allowed to own up to 49% of units in a condominium, making it one of the few property types in Thailand available for direct ownership.

Benefits of Buying a Condominium

  1. Ownership Rights for Foreigners
    Buying a condominium in Thailand is one of the most secure ways for foreigners to own property in the country.
  2. Well-Developed Infrastructure
    Modern condominiums come with a wide range of facilities, including:
    • Swimming pools and fitness centers;
    • Relaxation areas, playgrounds, and 24-hour security.
  3. Prime Locations
    Many condominiums in Pattaya are situated in prime areas, such as Jomtien and Bang Saray, close to beaches, shopping centers, and restaurants.
  4. Investment Potential
    • Property prices in Pattaya grow by up to 30% annually.
    • Rental income can yield between 8% and 12% per year, making condominiums in Pattaya an excellent investment.
  5. Low Maintenance
    Management companies handle maintenance and upkeep, ensuring a hassle-free ownership experience.

How to Buy a Condominium in Pattaya

  1. Choose the Right Property
    Our agency will help you find the perfect property, whether it’s an off-plan project or resale property in Thailand.
  2. Verify Legal Documents
    We ensure a full legal check of the property to make your purchase safe.
  3. Finalize the Deal
    Our team provides a “turnkey” solution, including remote purchasing services.

Why Choose Ac Real Asset?

At Ac Real Asset, we offer:

  • A wide selection of properties in Pattaya, including new developments;
  • Full transaction support;
  • Transfer services, developer tours, and investment consultations;
  • Assistance with renting out your property for a return of 8–12% per year.

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Buying a condominium in Pattaya has never been easier or more rewarding!