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Purchasing villas and houses in Jomtien Beach as a foreigner is facilitated through several legal pathways, prominently via leasehold agreements or through the establishment of a Thai Limited Company. Global Properties, a leading platform, simplifies this process with its user-friendly interface and extensive listings. It features more than 300 houses for sale in Thailand on Global Properties. These come from investors and reputable real estate agents. Open a good ad in Jomtien, Thailand, and read about the house's features, price, plan, and other details. Then call or send a private message to the seller to talk to them directly.
The average cost of villas in Jomtien is $363,720.
Average price per sq. m is approximately $1,660.
The minimum cost of property is $83,720.
The most expensive property is listed at $1,260,000.
The median list price for houses in Jomtien has gone up by 1.5% over the last year.
The minimum area is as compact as 175 square metres.
The average area is 300 square metres.
The maximum area of villas in Thailand’s Jomtien can span up to 700 square metres.
Buying one or more finished homes worth at least $280,000 is the only way to get a residence permit. If you buy high-end villa for sale in Jomtien through the Elite Visa Flexible One scheme, you can stay in the country for 5 years without a visa.
According to the Thailand Elite scheme, an investor who pays a registration fee of $16,800 to $56,000 can live in the country for 5 to 20 years. You can enter and leave as many times as you want.
A different plan has been made by the government for non-residents over 50 years old who have at least $22,400 in a Thai bank account. Pensioners are allowed to stay in the country for 12 months, with the option of extending their stay.
Villas for sale in Jomtien
Jomtien is named after the beach with the same name, and it is in Pattaya, which is one of the most famous tourist spots in the country. The more than 5-kilometre-long beach is thought to be one of the best in the city and is great for both moving and yearly vacations. Beachfront homes offer a peaceful way of life. As a business, people from other countries can obtain houses for sale in Jomtien, Thailand. These homes are easy to rent out, so you can make steady money all year long.
Pattaya gets a lot of people every year, and the number doesn't change with the seasons. This means that people will always want to buy real estate. People who live in villas in Jomtien Beach can use the area's well-developed amenities, which includes:
- Shops and stores;
- restaurants at the night market;
- Aquarium, Dolphinarium, Amusement Park.
People from outside of Thailand who buy a villa in Jomtien Beach can own homes in the kingdom as their own private property in Thailand. There are, however, some rules that expats must follow that are common in most Southeast Asian countries. It is possible for people from outside of the country to buy apartments in Thailand as long as at least 51% of the house is occupied by Thai people. For single-family houses, the land under them is not for sale. Foreigners can buy an investing house in Jomtien Beach and rent it back for a set amount of time. The long-term lease is for 30 years, and it can be increased twice more after that. This practice doesn't take away the owners' rights; they can get rid of a house for sale in Jomtien Beach in any way they choose, such as by selling, giving it away, or renting it out.
Reasons for investing in a house in Jomtien
Buying an investment villa in Jomtien Beach is a good idea for 4 reasons:
- The value of real land. The lodge is always busy because it is in a great spot. There is a 40-minute drive to the international airport. The state capital, Bangkok, is 2 hours away. The area's infrastructure makes sure that people can live comfortably at low costs. The tourism industry in Pattaya is well-developed, with lots of places to shop and have fun. The city also has good schools and medical care. There are a number of foreign schools in Jomtien Beach that would be useful for people who want to buy a house there and move there with their kids.
- Villas prices in Jomtien Beach are affordable. Even though there is a lot of desire for homes in the area, prices are cheaper than, say, Phuket or Bangkok.
- GDP growth that stays steady and the economy grows quickly. As more people move into cities, more people want to live there, which makes property more expensive every year. Prices for homes in Jomtien Beach have gone up almost 40% in just the last 5 years, so they can always be sold for more than they cost.
- The return on investment for real estate is high, up to 12% per year. For owners from other countries, local businesses are an easy way to make sure they get paid. Under the plan, people who own houses on Jomtien Beach get the money that was agreed upon in the contract. The developer or a local agency then takes care of all the housing management issues.
Buying a villa in Jomtien
The process of buying a villa in Jomtien for investment involves careful consideration of legal requirements, property inspections, and financial planning. It's advisable for potential buyers to engage with reputable real estate agents and legal advisors who specialize in Thai property law. This ensures a thorough understanding of the purchase process, from initial inquiry to the final acquisition, providing peace of mind and a secure investment.
Investing in Jomtien's property market offers both a sanctuary for those seeking a peaceful abode and a lucrative opportunity for astute investors. With its enchanting beachfront, burgeoning tourism, and comprehensive legal frameworks for foreign buyers, Jomtien stands out as a prime location for purchasing villas and houses. Whether it's for personal use or as an investment, the prospects in Jomtien are bright, promising both lifestyle and financial rewards.
Our platform streamlines your property search by aggregating over 5,000 villas for sale in Jomtien Beach, Pattaya, from top developers and trustworthy agencies. With user-friendly search filters, a currency converter, and access to sales specialists in multiple languages, finding the right property is hassle-free. Prices are kept current through daily updates gathered from a variety of agency and developer websites, ensuring a comprehensive and reliable listing collection.