Property Trader Magazine Decmeber 2014

14 COVER STORY: PATTAYA REAL ESTATE AGENTS

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www.pattayatrader.com +66 (0) 38 412 067

@ pattayatrader@pattayatrader.com facebook.com/ptyatrdr @PattayaTrader

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6/28 Sukhumvit Road, Moo 9, Nongprue, Banglamung, Chonburi 20150, Thailand.

CONTENTS COVER STORY 14 Pattaya Real Estate Agents PROPERTY NEWS 12 News update – by Thailand-Property 18 The Mayfair got E.I.A. approval 18 Tallest skyscraper in ASEAN planned for Bangkok FINANCE THEME 32 How to bring money in to Thailand to buy property 36 Investing in property versus property stocks 38 Call options in the property market PROPERTY TRADER 20 We value the rare – by Jan Nuyten, Pattaya Prestige Properties 22 Spot on: Metro Jomtien Condotel 26 How to optimize your condo for the high end market HOME & GARDEN 44 Painting a condo HOME TECH 52 Improve efficiency in your aircon CLASSIFIED ADS 58 Classified ads – newest land and property listings

Pattaya Trader is published by Chang Siam Publishing Co. Ltd. (part of Voova Group). The name Pattaya Trader is a trademark.

EDITORIAL

Pia Kaino Jensen piakainojensen@voovagroup.com

SALES

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FINANCE THEME PAINTING A CONDO

Welcome Dear Reader, This month we are celebrating some of our loyal and valued customers: The Pattaya Real Estate Agents. This town has a wide range of agents and each of them have their own specific qualities that can match your needs – read more about them in our agent’s feature on pages 14 and 15.

In our theme about finance you will find need to know information about how to bring in money to Thailand from abroad for buying property. If you are looking for investment, we bring you articles about the pros and cons in investing in property stocks versus property itself. Also in the finance pages you will find a step by step explanation on how to understand call options in the property market.

When you are ready and equipped with new knowledge in the finance area, let yourself get inspired to optimize your home in our DIY article about painting and also we bring you the newest home tech gadget; the Sensibo, which is THE new device based on mobile technology to control and make your aircons more efficient.

I personally would like to get me one of these!

Interested in advertising? Contact sales today!

Phone: 0 38 412 067 Email: pattayatrader@pattayatrader.com

Pia Kaino Jensen General Manager

READ ONLINE

Read the Trader as an online flipbook on your computer, tablet or smartphone on the following websites:

www.pattayatrader.com www.issuu.com/pattayatrader

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Issue 124 | DECEMBER 2014

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COVER STORY

| PROPERTY NEWS

Investing in Custom-Built Homes Can Turn into Quick and Substantial Profits Asia Property Innovation is now offering clients a unique investment opportunity with customized homes in Thailand that are built on time and on budget.

This unique customized 775 sqm luxury villa is offered as a very interesting investment opportunity at only 23.5 million baht. Asia Property Innovation will create a completely custom, one-of-a-kind villa as investment project for people who make the purchase with the intention of selling the villa or living in it personally.

This custom villa, located on one-rai land plots next with direct access to the green inside Phoenix Golf & Country Club are expected to sell for 29 - 35.000.000 THB when completed. Out of the 23.5 million price ticket, only 11.9 million baht must be paid to secure the offering. The rest of the cost will be collected throughout the milestones along the construction timeline.

Home seekers will have the option to buy the house as an investment at a lower price before it is completed as well as taking advantage of the ability to customize the house to his/her specific wishes.

Contact Asia Property Innovation on: info@AsiaPropertyInnovation.com or Tel: (+66) 093 750 4910.

The Bay: Pattaya’s Newest Retail Development Kingdom Property, one of Thailand’s top real estate developers has been appointed to oversee the development of a new retail beachfront project called The Bay in Central Pattaya.

The project will be developed over a five year period, ultimately becoming a mixed-use project that will contain hospitality venues as well as residential spaces. Overall, the project will cost roughly THB 5 billion and will stretch from Beach Road to Second Road on a 23 rai site.

The Bay is suited to become a premium dining, leisure and family destination when it opens next year. It will offer three stories 6,800 square metres of

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lease-able retail space that will stretch along the Beach Road frontage for nearly 100 metres. It will run along the curved beach to offer an uninterrupted view of Pattaya Bay for those dining and enjoying the wide array of cuisines that will be offered, alfresco. While it is a beach location, the building will be far enough back that it will also offer an ideal space for events, festivals and concerts attracting visitors and customers for a wide variety of reasons for years to come.

Issue 124 | DECEMBER 2014

| PROPERTY NEWS

Thailand Land and Property Tax Reform to be Proposed The Finance Ministry will submit its land and property tax reform proposal to the Cabinet before yearend, which should boost tax revenue collection from landowners by six or seven-fold. The proposal is part of the government’s agenda to reduce economic inequality, improve land distribution and improve use of land across the nation. Reforms within the proposal will cover inheritance, customs and excise, as well as to close loopholes in value-added tax collection.

Riviera Jomtien sees strong presales Following the success of the Riviera Wongamat, the newly released 3.8 billion baht Riviera Jomtien has seen strong demand, notching up 51 per cent pre sales in just 3 weeks.

This was a superb achievement especially when seen against an overall slight slowdown in the property sector and a reduction of launches. The project comprises 1053 units in a 46-floor building.

www.pattayatrader.com

PATTAYA TRADER

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| PROPERTY NEWS

The Mayfair just got EIA approval With high season getting into full swing we at The Mayfair are pleased to announce that we now have EIA approval.

TO COINCIDE WITH THIS WE ARE OFFERING POTENTIAL CUSTOMERS A 10% DISCOUNT ON ANY OF OUR LUXURIOUS UNITS. The Mayfair enjoys one of the best locations in Pattaya on Pratumnak Road, between Soi 5 and Soi 6, with a pedestrian entrance at the front of the building and vehicle access to the car parking area at the rear giving safe access when driving in and out of the building.

Our showroom is open on site Monday to Saturday 10am to 6pm giving anyone interested in the project a chance to view a full size replica of our smallest unit, customers will be able to view the choices of flooring and kitchens available, as well as see the Siemens appliances, Kohler Bathrooms, mirrored wardrobes and other room fitments which all come as standard.

At The Mayfair we are aiming to create a high end condominium with only 24 luxury units available giving the discerning buyer a chance to obtain a unit in an exclusive building of only 7 floors. Because of The Mayfair’s elevated position on Pratumnak Hill residents can enjoy some of the best views available in Pattaya without being in a high rise apartment.

The showroom is open for walk in viewings or alternatively you can book a viewing with our sales manager Danny Brooks on 0830068008.

Tallest skyscraper in ASEAN planned for Bangkok Plans for a 125-story office and hotel tower in Bangkok were unveiled by Real estate developer Grand Canal Land recently. This would mean that the Thai Capital would be hosting the tallest building in South East Asia. It will also be the third tallest building in the World. The height of the tentatively named “Rama IX Super Tower” is expected to be 615 meters and it will be built at a cost of 18 billion baht.

A naming competition will be held to decide the final name of the building. It is slated for completion in 2019. The building will sit on prime land already owned by the company near to the intersection of Rama IX road and Ratchadapisek Road, where several new buildings have already been erected by the same developer in what is called the Grand Rama 9 mixed-use development site and billed as a new CBD. Among the new landmarks in the area are the Rama 9 Central Plaza as well as a large number of residential and office buildings.

In the Super Tower, 90,000 square meters will be designated for office space and a 260-room luxury hotel. An observation deck and sky garden will also be part of the project. The tower is being designed by Architects 49 Ltd. Thailand’s tallest building currently is the 85-floor Baiyoke tower at 328.4 meters high.

The second tallest building in the Kingdom will be the Mahanakhon condominium coming in at 314 meters and it is to be completed in 2016. The tallest building in Asia currently is the Petronas twin towers building in Malaysia standing at 375 meters high.

G Land chairman Yothin Boondicharern commented that the tower will be a centerpiece for the entire Grand Rama 9 complex, which is built in an enviable location in Bangkok, with good expressway access and an MRT station nearby.

Phuket land prices tripled since 2004 Tsunami In the ten years following the 2004 tsunami in Phuket, prices of land in many areas has more than tripled as tourism has continued to grow, this according to the president of Agency for Real Estate Affairs (AREA), Sopon Pornchokchai.

The increase equates to 14 per cent per year, every year since 2004. At Patong beach land prices have reached 180 million baht per rai, amongst the highest on the island.

Some areas such as Maprao and Por bays have even out performed the stellar rises elsewhere on the island posting a five-fold increase, mainly due to a lower base price at the outset.

Even though the Tsunami hit the west coast, land prices there continue to be more expensive than on the east coast due to better beaches, and established tourist venues. In 2004 it took time for prices to firm up. They were flat for much of the year, but started to jump in 2005. The east coast saw an initial rise soon after the Tsunami based on the fact that it was considered less prone to such natural disasters.

With Tsunamis such a rare occurrence it is little wonder that people have flocked back to Phuket property. It is expected that further rises are in store in the future.

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PATTAYA TRADER

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Beachfront houses in Pattaya are rare.

This property of the month is located a couple of hours drive down the road toward Trat and Koh Chang in Chantaburi. It’s 300 square meters of house on a 4,800 square meter piece of land with 5 bedrooms, 3 bathrooms, private pool with beach view.

Crystal clear infinity pool overlooking the natural beauty of Nayaiam Chantaburi’s rugged beach with islands in the distance. This rare beachfront house is at sale for only 37,000,000 baht.

We value the rare Like most of you … I slept through Economics class. All those charts and graphs and terminology; I can’t imagine anything more boring. It’s all about supply and demand right?

Recent events here in Pattaya have me wishing I’d paid a little more attention.

Drive around the area for a little while and one would conclude that we do not have a supply problem. Most barstool property experts will say we are grossly “oversupplied”.

If you talk to property agents or real estate brokers, they would tell you that demand isn’t what it should be. An extra low “low season” paired with martial law and bad press overseas have the town eerily quiet.

You would think the “buyer’s market” I wrote about last month was easy to understand and explain wouldn’t you?

Well, I still contend we are in a “buyer’s market” … but I’m having a supply problem.

That’s right … I’ve got a roomful of buyers with money in hand but I don’t have the product to make them happy.

What’s more, these people are trying to make my job easy because they know exactly what they want. In fact, they know which buildings they desire. And there is the problem. It’s not that there isn’t enough supply to meet demand … the problem is the supply doesn’t match the demand.

Over the years I’ve noticed the property buying public is increasingly well-informed.

Part of the reason is Pattaya is pretty easy to get around in and prospective buyers can sort out for themselves the geographic areas they desire and narrow down choices without help from an agent.

More influential is the ability to research on the internet. Most developers construct informative websites that educate buyers on the features, floor plans and prices of their respective projects.

The result has been a double-edged sword for me. The good news is I get motivated

buyers with money in hand calling and emailing me. The bad news is, I don’t always have what they want in my listings.

If I can’t make them happy, I can’t get happy … so you see my predicament?

So please, if you are a property owner in any of the following condo projects and you want to sell, contact me immediately with details: • The Cliff • Sands • Amari Residence • The View • Cosy Beach View • Waterfront • Zire Wongamat • The Palm • The Vision • Unixx • Southpoint Even more scarcity exists in the most desirable housing developments. If you are an owner who is considering a sale in any of the following housing estates, by all means get in touch with me.

• Silk Road • Siam Royal View • The Vineyard • Baan Talay • Baan Balina We also lack a deep supply of luxury rental condos and houses for our corporate clientele. Any owners who are looking for a nice return on their investment should get me listing information as soon as possible.

So I think I’ve come full circle on this whole Economics thing. It’s not all about supply and demand … it’s about rarity. I have a friend who actually has a Bachelor’s Degree in Economics and I told him about my dilemma. Sensing my confusion, he just smiled and said, “Jan, we value that which is rare … that’s all you really need to know about Economics”.

With that said, I want to take this chance to talk about a really rare opportunity

I stumbled upon just last week.

My “Property of the Month” is a fantasy beachfront mega-crib you just don’t see coming onto the market every day.

Beachfront houses in Pattaya aren’t just rare … they’re non-existent … that’s why this one is a couple hours down the road toward Trat and Koh Chang in Chantaburi.

I’m calling it a house, but it is actually more like a private compound; 300 square meters of house on a 4800 square meter piece of land. With 5 bedrooms, 3 bathrooms plus an additional guest suite, this house is suitable for a big family or just a party mansion.

The place comes fully furnished in a very hip and modern “industrial meets nature” décor. You could roam around inside this beach palace which includes a European kitchen, Thai kitchen, big dining area, living room, laundry room, maid’s room, storage rooms and more.

Enjoy all the amenities like cable TV, ADSL, private security system, immaculate gardens and of course a crystal clear negative edge private pool overlooking the natural beauty of Nayaiam Chantaburi’s rugged beach with islands in the distance.

All this privacy and luxury is now available for the extremely reasonable price of 37,000,000 baht. That’s a whole lot of house for the money.

A rare house in a rare location … see, I’m getting the hang of this economics thing after all!

Written by J.H.S. Nuyten Managing Director, Pattaya Prestige Properties Co., Ltd. facebook.com/janbert.nuyten facebook.com/pattaya.prestige jan@pattayaprestigeproperties.com (0)(66)-87-021-7014

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Issue 124 | DECEMBER 2014

PROPERTY SPOTLIGHT The Metro Jomtien Condotel

The Metro Jomtien Condotel on Jomtien Beach is a tall, well-established condominium project that sits on the far end of the beach road proper near to soi 19, where it is quieter and where there is less traffic.

The building is situated in a position such that it doesn’t have any immediate neighbors as is the case with many other buildings along the increasingly crowded rest of the beach road. At 150 meters high, and sporting 42 floors, it is the tallest building along Jomtien beach, and certainly the tallest building in its immediate vicinity.

The building is set in its own grounds, the boundaries of which front the beach road. The distance between the building itself and the beach road is around 150 meters or so, and in this space a landscaped garden and courtyard area and then the swimming pool find their home, as do a number of residential units in low rise buildings that front the pool itself.

Well planned for wheel chair users

Sea view and big balconies in all units

A soi along the side of the development takes you to the rear of the building where there is a nicely planned out circular drop-off area and an entrance to the car park that offers covered parking. The lobby has very high ceilings and is a bright and spacious open-air affair. The juristic person’s office and the sales office are both to be found here as are the main lift wells. Steps take you down to the pool area that is adjacent to the main building. Wheel chair access is offered in most parts of the common areas of the project.

The swimming pool itself has curved sides and is a quite long. There is a separate paddling pool that is not connected the swimming pool but is very near to it. This is perfect for kids to have fun in, in a safe environment. The pool area features sun loungers and a number of fixed-style open-air sun canopies that are dotted around the poolside. Greenery is also evident around the pool area making it a colorful and natural place to enjoy.

A gymnasium, bar and restaurant are all available on site.

The development also features two floodlit roof-top tennis courts, a snooker room, a sauna and a games room.

There are several lifts in place from the lobby to take you to your chosen floor. The shape of the main building is one of a slightly curved nature. The lifts take you to outside walkways that provide access to the condo units. This cuts down noise and provides for a more refreshing environment.

The orientation of the building is such that all units have a sea view. Indeed, from higher floors the sea views are stunning, providing unspoilt panoramas of all of Jomtien beach, the ocean, and the island of Koh Larn in the distance.

All units, even the smaller studios, have supersized balconies such that you can easily accommodate a table and chairs and still have plenty of room to walk around. Look for balconies to be up to 8 square meters all by themselves.

Penthouses and duplexes with larger covered balconies and outside Jacuzzis are available on the top floors.

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Unit sizes from 48 to 160 square meters Many of the studio condos have a side door entrance, which means that the front door opens midway into the length of the unit. This is ideal if you want to build a kitchen as part of the entrance way, as it will be perfectly situated. There is also the opportunity to add a separating wall to make a bedroom area such that the entrance door will open into the lounge and a separate door can be used for bedroom access.

Unit sizes are different depending on the location in the building but expect to find studios from 48 square meters up to 70 square meters, and one and two bedroom units from 110 square meters to 160 square meters. Prices are around 60,000 baht per square meter but can rise for some of the larger units or for those in prime locations.

Thus, studio condos cost from around 2.8 million baht upwards and for this you get the exclusive living that is associated with such a prestigious building.

As an example of rental prices, you can rent a 55 square meter unit for around 20,000 per month and a 70 square meter studio for around 30,000 baht per month, depending on the length of stay and whether it is high or low season. Most owners have recently renovated their rooms and so the offerings are usually well looked after units with fully fitted kitchens and European style bathrooms.

All in all, the Jomtien Metro Condotel makes for a good choice for both rental and purchase, as it is a quiet and well appointed project along Jomtien beach.

www.pattayatrader.com

PATTAYA TRADER

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Find your way in to the high-end condo market The high-end condo market in Pattaya is very resilient of late and this is an interesting subset of the market that may warrant further scrutiny by buyers and sellers alike

By Proglen The high-end market consists of mainly larger abodes, as this is what is expected for higher budgets. Still, prices per square meter can often be much higher than other sizeable condos and often higher than studio or one-bedroom offerings.

Sizes are often over 60 square meters but can be as large as 110+ square meters. Two-bedroom and three-bedroom abodes are usually found in this sector but it is important to note that room sizes will often be larger than the rooms found in entry level of mid range properties. Thus the seemingly endless drive of budget developers with regard to squeezing ever more function into an ever-smaller space should go by the wayside and high end buyers can once again breathe easy knowing that they will have space without any compromises.

“High-end buyers are less fussy about the price and more interested to get exactly what they want�

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Branded properties sell at higher prices If buying a high-end condo for resale then it is worth investing in branded properties as these are well regarded in the market and can naturally attract a premium. The main reason is that the management of the properties will have been proven and the build quality will also be assured.

Look for names such as San Siri, Raimon Land and Pace amongst many others to ensure that you and your buyer can enjoy a high end product.

In the end, high-end buyers are less fussy about the price and more interested to get exactly what they want. Small finishing touches may well woo a customer such automated lighting systems and fast Internet connectivity. As long as everything is covered you should be able to market a highend property and easily get a sale.

Issue 124 | DECEMBER 2014

| LOCATION

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FINANCE This month’s Property Trader theme is about property finance. Dive in the next pages and learn all you need to know about how to get you overseas investment money transferred into Thailand, how to make the best use of call options in the current property market and about the difference between buying property versus property stocks.

FINANCE

Bringing money in to Thailand to buy a property When buying a property in Thailand, one of the stipulations is that you will need to bring the money in from overseas. There are plenty of ways to do this but getting the best rate is key. Since you will bring in a large mount of money for the purchase of a property, every percentage point of exchange rate change will cost or save you a good deal of money

By Proglen

The first thing to do when bringing in money from overseas is to look at the mechanism for bringing money into Thailand. Fortunately Thai banks are very fair when it comes to the exchange rate offered if your money is wired from another country by way of a telegraphic transfer or SWIFT transfer. For example if you wanted to bring money from France and the Euro was quoted on the interbank market spot rate of 40 Thai Baht to one Euro, then a Thai bank will probably pay you out around 39.6 baht when it receives Euros and changes these to Thai baht for you.

This equates to around 0.4 baht spread or 1 per cent. So, unless you can find a better deal, this is the method you should use: Open a Thai savings bank account and ask the bank for the SWIFT code for an incoming transfer.

European bank are greedier than Thai banks Banks in Europe and the US tend to be much greedier when it comes to these types of transfers. If you asked a French bank to first transfer your Euros into Thai Baht and then to send it, they might only send 38.6 baht for every Euro and will pocket a much larger percentage of your money. Losing 1 baht per euro might not sound like a lot if you were bringing in a small amount but if you were transferring 100,000 Euros to buy a property then you would lose 100,000 baht on the exchange rate alone. This equates to around 2,500 Euros simply lost in the transaction. Of course the French bank will pocket this and hope you won’t notice. Indeed if you tried to shop around in France you will probably find that all banks operate with similar margins and you may even find that 38.6 baht per Euro is a good rate as compared to other banks or money transfer services that may offer an even worse deal. Some banks even have the audacity to charge a commission on top of their appalling rates.

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So the main thing to do when transferring money into Thailand is to ensure that your home currency is sent so that the Thai bank can do the actual exchange. In the case of European currency be sure to expressly send Euros, in the case of the money coming from a UK bank account be sure to send Pounds and so on. Then the Thai bank can get this money and give you a good exchange rate.

“Some banks charge a commission on top of their rates” Issue 124 | DECEMBER 2014

FINANCE

Rates can be fixed before transferring

The Euro can fall or rise in value

The exchange spot rate itself can move quite a bit. Thus in the above example don’t bet on the Euro staying at a 40 spot rate. It might move higher or lower over time. The factors behind the moves are interest rate expectations in various countries and also the economic outlook. At times the Euro can move as much as 5 per cent in a few days. The Japanese Yen moved 22 per cent in just 3 months. So you could say that timing is everything. Yet how can you be sure the rate wont move before you can make your transfer?

What you can do is fix the rate in your favour if you like the rate that you see today but are not sure if it will hold up for a future purchase. Lets say the Euro rose to 43. It might go even higher but you are pretty happy with that move already and want to preserve the new higher rate of 43. You plan to transfer 100,000 Euros to Thailand. You want that rate in 3 months time but you are scared that it will move lower during that period.

You can fix the rate by shorting the Euro in the spot market.

This is achieved by changing Euros that you don’t yet have to Thai baht at 43 baht per Euro. A broker or spread betting company will happily lend you the Euros if they hold the equivalent Thai baht as security. Two outcomes are possible.

The first outcome is that the Euro does indeed fall in value back say to 40. You will have gained on your short trade as you will have to only pay 40 baht per Euro to close and you received 43 at the outset. You will have 3 baht per Euro in hand as a windfall from the trade. Alas when you come to change your actual money for the property purchase you will only get the 40 baht of the current rate. Still when taking into account the windfall, your losses are covered and you managed to fix the rate at an effective 43 baht per Euro.

The second outcome is that the Euro will rise in value. Lets say it goes up to buy 46 baht. Your short position loses some money because you will have a shortfall when closing the trade. You will only have 43 baht per Euro in hand and you will have to pay 46 baht to close. That means you will have a deficit of 3 baht per Euro. But you will make extra money when it comes time to transfer your 100,000 Euros because the rate will be 46 baht to the Euro. When you take off the 3 baht you lost on the short trade, the net effect is that while you will lose out on the extra rise, you will have still fixed the rate at 43 nonetheless.

Entering the short trade will require a small deposit and some commission charges but it is highly effective in securing the current rate. You can’t secure any rate you want; it must be a current rate. Airlines and building companies do this all the time to hedge against currency movements as part of their business.

With the above two tips in mind you should be able to fix the rate and get the best deal with which to buy your property.

“Airlines and building companies do this all the time to hedge against currency movements as part of their business” www.pattayatrader.com

PATTAYA TRADER

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Issue 124 | DECEMBER 2014

Investing in property stocks vs. property itself

FINANCE

When investing in property there are a number of options you can take. If you take the position that property will rise in price and/or you wish to enjoy an income from real estate then you can buy property directly or you can buy stocks in the stock market. There are a number of advantages and disadvantages to both approaches and although they both rely on the underlying market to perform, they are certainly distinct from one another

By Proglen

Buying a property itself is obviously a textbook way to invest in the property market. This will enable you to enjoy any price rises in the market directly and you will be in full control of your investment, being able to buy and sell and also rent out the property at will. If you buy using a mortgage then your down payment can be relatively little allowing the lender to pay for most of the capital outlay.

For rental you should be able to enjoy a yield that is over and above the yields that can be attained from the stock market but there will be costs to consider. Direct costs for rentals will be an agency fee or the outlay for advertising for a tenant as well as maintenance fees etc. especially if the property in question is a condo.

Direct property buy will add five percent costs

Furthermore, rental at full occupancy relies on a good rental market and currently it may take some time to rent a property out requiring more aggressive advertising and agency participation. Empty months will dent the yield but if you can find a longterm tenant then things should pan out in your favor and provide a rental income that at the net rate could be as high as eight per cent per year.

For buying and especially selling, a liquid market will be required, but currently this is not so much an issue from the point of view that prices are gradually rising and supply is relatively little, even though there appears to be new building activity all around.

Buying a property directly will entail paying fixed fees such as stamp duty and other taxes at the outset and this can amount to up to five per cent of the property value.

Thus a true property purchase needs to be bought with the long term in mind so that rental yield can be maximized and so that the fees that are paid at the outset can be eroded over a longer period.

Invest in property companies

The alternative to buying a property outright is to invest in stocks and shares of property companies. This is a much more flexible arrangement and the cost of entry is low, typically just a broker commission fee of 0.5 per cent or even less. Using on line brokers you may be able to buy stocks with a fixed fee so that the cost of any such transaction is reduced by buying more stock at a given time.

By choosing shares of well regarded companies such as Sansiri, Noble and Q House, you can be in a good position to enjoy any gains in the property market as these high profile and well branded companies are arguably at the forefront of the market. Yet, for these shares you may have to pay quite a premium based on the companies’ high profile nature and the

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fact that in the property market itself they have the ability to charge higher prices for condos and houses because of their good standing in the market. Of course you could look for up and coming brands that don’t attract a premium yet on their stock price with a view to enjoying gains as they become more established. This is a more risky proposition as the unbranded developers can easily find it tough going in a crowded market that may already be dominated by well-regarded names.

“Buying a property directly will include stamp duty and other taxes” Use a fund manager or a broker

One way forward is to buy a property fund which covers both established and up and coming names all picked by stock broker experts in the field of property stocks. You may have to pay a management fee so that the correct stocks are rotated in and out of your fund at the right times, but this will typically be quite small and for well regarded fund managers well worth the money if their performance is good.

Worth remembering is that often, property company stock prices usually price in future developments. Indeed the stock market is constantly trying to adjust prices for future earnings in all sectors. In the property sector if a developer has announced a new condo development then it is likely that the value of the finished units will already be reflected in its stock price as if all units have sold at the asking price even before the first pile is put into the ground.

That’s because assets on the books of the developers will be future-priced into the companies accounts, and especially for finished condos they will be given a market value whether sold or not. If they do not get sold in a timely fashion this may hurt the companies cash flow and the

developer may need to borrow or to issue more shares to cover the shortfall. So it is key to ascertain if units that are built or yet to be built have been pre sold or sold in the actual market as opposed to just being an asset on the books. Your property stock investment will need to discount all of the already announced plans and will need to rely on new, as yet, unannounced projects to take place.

From stocks you get a dividend

Whilst you wont get a rental income from stocks you should be able to get a dividend.

This will typically be less than rental rates, sometimes as little as one per cent or less.

Not that this is a reflection on what a given property developer makes. It is just that they may choose to reinvest profits in their business rather than to pay them out as dividends in full. In so doing you will receive income, but you will be mainly looking to see if the stock increases in value due to re invested profits and a higher net worth of the company(s) concerned.

At least with stocks you can buy and sell at will and the market will always have liquidity so that you can sell your stocks on a given day at the market price, unlike waiting for a property to actually sell in the real estate market.

A good way to proceed may be to own both property and stocks in a property fund as well as some individual stocks picked with good brand names as the mainstay of the choices. Then you can get both rent and dividends and you can add to your holdings on each side as time progresses.

“A stock broker expert charges a fee to get the correct stocks rotated in and out of your fund at the right times” Issue 124 | DECEMBER 2014

FINANCE

How to use call options in property market

Call options are options to buy something and are a great way to control a large transaction for a fraction of the cost.

They are commonly used in the financial world but can be confusing

By Proglen To bring an example of call options into the real world and away from simply a game of numbers, lets look at a call option on a piece of property. Although options on property are rarely issued in reality, this is simply a working example to show how the option buyer and the option seller will fare as prices move around.

Lets assume a seller has a condo worth 3 million baht. You want to buy it but don’t have the money currently. You are happy to pay 3.2 million baht as you think the price will rise, but you want to have the option to buy the property at anytime during the next one year. You are also prepared to pay an extra premium for this special arrangement in the sum of say 100,000 baht. What you are effectively doing is buying a call option.

You can sell the contract to a third party

The seller thinks prices will be static or will go down during the period. He considers a 3.2 million baht purchase price very high and at any time in the next year if you want to buy he will be more than happy to sell it at that price. He is in no rush to sell. He is also keen to get the 100,000 baht for the contract whether you buy or not. If you buy, it means he will have 3.3 million baht in his pocket. If not, he can still pocket the 100,000 baht cash, regardless.

The seller writes the contract, which gives you the option to buy the place at any time in the next one year for 3.2 million baht. This means you have the right but not the obligation to buy the place at the specified price, called the “strike price”.

The option, on the other hand, means that the seller must give up the property on demand at 3.2 million baht, the price written in the contract. Remember he has received from you a 100,000 baht non-refundable premium for the contract and also remember that his view is firmly that the price won’t rise anywhere near to this level. The contract is transferrable meaning you can sell it on to a third party.

When the price on the condo falls

Lets assume that 6 months pass. There are two possible outcomes. The first is that you were wrong and the seller was right. The market plummets. No buyers can be found anywhere and the 3 million baht condo has fallen to 2.7 million baht.

As the holder of the option you still retain the right to buy at 3.2 million baht. But crucially, remember, you don’t have the obligation to buy. And you wouldn’t do so given that the market price is so much lower now. You could just walk away and lose the 100,000 baht for the contract but at least no more than that. Still there are six months left. You could sell the contract to someone else but it wouldn’t be worth much because prices would have to move up a whopping 500,000 baht or more to make the contract worth anything. Whilst the contract does have some ‘time value’ it would be worth less than the 100,000 baht you paid originally… maybe only 10,000 baht now. The contract might be worth more if the market was exhibiting a lot of volatility bringing more into vogue the possibility of a steep rise in the time remaining.

Still, you decide to hold it for now. As time moves on, and with the property prices staying depressed, the contract becomes worthless as the year expires. At least you can console yourself that you did not buy the property for 3 million baht at the market price only to lose 300,000 baht as the market tumbled. So the contract has protected you in some ways. You can now buy a similar property in the market for just 2.7 million baht, having

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saved a good deal of money due to the market movement.

When the price on the condo rises

The other outcome is the opposite scenario where prices scorch higher. You were right to buy the call option because now, 6 months later the property is worth 3.5 million baht and you still have the right to buy it at 3.2 million as stated in the contract. The seller has no choice in the matter. He must sell at 3.2 million baht regardless of the market price having moved higher. But you still retain the right to choose whether or not to buy the property.

That is the beauty of the option, as you are in control of the deal.

Lets assume you wanted to sell this contract to a third party.

What would it be worth now? Well, the ability to buy a 3.5 million baht property for just 3.2 million baht is already worth 300,000 baht so you could easily charge this for the contract plus remember there is still another 6 months to run. Could the property go up to 3.8 million baht or 4 million by the end of the year? This will be for the next holder of the contract to take a view on. If you did sell it for 300,000 plus some time premium, say 30,000 baht for the remaining 6 months, then you would have effectively quadrupled your money without having bought or sold any property at all.

The owner of the property might be kicking himself but remember he was totally happy with the 3.2 million baht price at the time he wrote the contract thinking that the market would not go further up. He also has the 100,000 baht contract premium in hand that he keeps.

Call options in other markets

Normally call options are issued in regard to a commodity or stock price or a foreign exchange rate where you can gain a lot of exposure for little outlay, but you do have the risk of total loss even on this small outlay if things go against you. Still it is a manageable risk.

Three things go into the make up of the price and that is the volatility of the underlying market, the strike price that the contract states and the time remaining. Contracts can be bought for a year or two years, but can also be bought for 3 months, 30 days, a week, a day or even with just a matter hours remaining.

“You would have effectively quadrupled your money without having bought or sold any property at all” Issue 124 | DECEMBER 2014

PAINTING THE INTERIOR OF YOUR CONDO A repaint of a condo’s interior will be very effective at giving it that new look. That’s because stained walls or walls with discolored paintwork will make a place look very unappealing and since the marks can sometimes be hard to remove, a repaint may well be the answer.

When repainting a room you can take the opportunity to change the color scheme. White has been the mainstay of many condos over the years, but the newer colors that are in vogue include cream, pastille orange, yellow and other pastille colors. You might also elect to paint one wall a completely different color to the others, such as in a dark red, brown or burgundy color. This is commonly seen with new condos, but if you are unsure about doing such a thing it would not be unreasonable to just make all the walls the same color.

With colors in mind you can make your own colors at most paint shops that will offer you a color card and will then mix the paint accordingly. Choose emulsion for walls and ceilings alike. You could use a 3D modeling program to simulate different color designs before actually getting out your paintbrush so that you can be sure of the end result.

Things such as floor coverings and colors can be input into the program so that your new color scheme will not be out of the place with any existing items.

Mask off with sheets or newspapers Look to first mask off areas of the floor so that paint won’t spoil your ceramic tiles or wood floor coverings.

Masking skirting boards is the next thing and this can be done with paper tape and paper or cardboard. Look to cover furniture with sheets so that they are protected.

You will probably find that the kitchen area will be the most difficult area to mask off as there are many elements to cover and they are typically of a large size. A sheet may not work so easily for built in kitchen furniture so you may need to mask with large pieces of paper. Newspaper can do a good job of this, but be aware that it can easily split so doubling up on the number of sheets might be a good idea.

Masking off a kitchen area might take all day but at least you can then paint the kitchen knowing that there the units won’t be spoilt.

Preparing the walls and ceiling will be simply a case of a dry

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wipe to remove dust etc. Avoid wetting the walls as this will not be needed and wet walls wont adapt the paint as well as dry walls. When applying a new coat of paint, all marks should disappear anyway.

Start painting edges and corners With the actual painting in mind the first areas to get right are the edges of the ceilings and walls where they join together. For this you will need to use a paintbrush as the roller will simply not reach right up to the corners due to the metal rod that holds the actual roller in place. Paint all the edges of the walls and ceilings so that you can then use the roller thereafter.

Roller painting will be a welcome step up from painting with a brush – you will get the feeling of really getting a lot done in short time after the detailed work with the corners.

Indeed, the task may seem quite simple as you get started since you will probably cover a sizeable area when using a paint roller. Yet all the walls and ceiling areas combined add up to a lot of space to cover and so you may find that progress will be slow going. Still if you take a methodical approach you can make the process easier.

“Newspaper can do a good job masking off areas before painting” Issue 124 | DECEMBER 2014

Paint ceilings before walls Look to do the ceiling in one day using a stepladder and the extension on the paint roller. This can become quite arduous so it is wise to take a break if your muscles become stiff. On the second day you can attack the walls using a combination of roller only for low heights and the roller with extension handle for higher places.

You may need to spend two days painting walls if the condo is large or there are intricacies in the layout. Add to this a day or so for masking, a day for painting the ceiling as well as a day for planning. With this in mind, it can be seen that painting a condo in its entirety will take about a week. Allow two days for emulsion paint to dry. After this time you can enjoy your newly painted condo that will have taken on a completely fresh look.

TOOLS YOU WILL NEED Key to succeed is the tools in hand. You will need:

Guy Randise is … The DIY Guy

• Paint roller (or two) complete with extension Do you have a DIY home project that you would like Guy tubes Randise to help you with? Send an email to pattayatrader@ • Paint brushes of various sizes pattayatrader.com – put DIY in the subject line.

• Paint tray Please note that not all will receive an answer and that • Adhesive masking paper tape the content of this column is not to be regarded as • Cardboard and/or newspaper equivalent to getting professional, authorized help.

• Sheets • Stepladder

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PATTAYA TRADER

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| HOME MAINT ENANCE

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Issue 124 | DECEMBER 2014

| HOME TECH

Turn any aircon into a cool efficient machine The age of technology is certainly upon us, there are hundreds of new devices and gadgets being created world wide, and with every single day, a new problem is being attended by new, smarter technologies. If there are 3 things that Thailand has a lot of it is air conditioners, mobile phones and an affinity for wasteful energy consumption; and Sensibo is THE new device based on mobile technology that seems to bring these factors together to provide the perfect solution for any house in Thailand

By Matias Berra

The idea with Sensibo is to be able to turn any air conditioner into a smart and efficient tool, which not only will keep our rooms at the perfect cool temperature, but one that also promises to reduce electricity waste by up to 40%. By attaching one of Sensibo’s pods, AKA a wifi device, that communicates through the internet at the same time that it acts as a remote control to your aircon, you will be able to automatically set your air (and Sensibo will work with any model as long as it’s remote controlled) to maintain a certain temperature, understand when it needs to be on (why waste energy if you are not at home right?) and pretty much adapt to your routine.

Install any smartphone or tablet Once the pod is attached to the aircon unit, all you have to do is set (on the handy application you can install on any smartphone or tablet) at which temperature you wish your room to remain at, you will also have the choice to set a timer, limit the usage by consumption or schedule an on and off time. For instance, you can always be reassured that the air will be on 20 minutes before you arrive home from work, and don’t tell me walking into a cool room right after a scorching mission outside is one of the most rewarding feelings you ever had!

hardware ready to be further developed by any member of the community. The fact all the data is encrypted means only the owner will have full access so don’t worry about evil hackers messing your room temperature. In case you are not a developer or technology enthusiast this is probably not very interesting to you, but the fact the creators will allow people to use and play with Sensivo’s software means it will be always evolving and acquiring new abilities, which eventually will be released by the company as updates for their application.

Beyond that, Sensibo comes with an extensive set of censors including humidity, temperature and even light and

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Issue 124 | DECEMBER 2014

Where to get it With the first units becoming available for world-wide shipping in January 2015, Sensivo is bound to become quite the useful tool for the upcoming year.

It is possible to do pre order at their website: www.sensibo.com

Specs in short Here is a short list of some of the awesome capabilities you can expect from this cool and environmentally responsible new gadget: • Batteries will last up to 3 years.

• You can still use your remote control as usual without any problems if you choose to.

• It can identify empty rooms and reduce energy usage there.

• It can potentially be used to control lights and TV as well.

• Enjoys iphone and android support.

• It has no wires or complex mechanisms, easily attach it to your air conditioner and it will be ready to work from the moment you take it out of the box.

NEXT MONTH

WATER IN YOUR HOME Water soothes the soul. It has been so since the beginning of times. In next month’s Property Trader we will bring you an inspiring theme featuring water decór. Read all about how to make a warm and welcoming home with fish ponds, fountains, vintage pools and lots more.

Condo For Sale Spacious Sea View Studio For Sale 48 sqm front corner unit in foreign quota located at Wongamat Beach with gorgeous sea, island and Pattaya Bay views. Newly renovated with modern interior, great bathroom, full European style kitchen with big double door fridge, big sundeck balcony and much more.

Sale: 2,750,000 THB Call: 081-7622627 Unique Designer 1 Bed Apartment For Sale 96 sqm front corner unit in foreign quota at Wongamat Beach with stunning sea, island and Pattaya Bay views. Customized luxury interior, marble floors, two 55” smart TVs, huge terracotta sundeck balcony with outdoor shower, sandstone walls, sky garden and much more.

Sale: 6,900,000 THB Call: 081-7622627 Silver Beach Condominium Grand 2 Bed Apartment For Sale 174 sqm corner unit in foreign quota located at Wongamat beachfront with nice sea views. Featuring 2 bedrooms, 2 baths, kitchen, grand living & dining area, 2 balconies and a big sundeck terrace. This apartment comes with basic interior and needs upgrading.Hence the fantastic bargain price for quick sale.

Sale: 6,750,000 THB Call: 081-7622627

Jomtien Majestic Condo For Sale Un-furnish breezy studio in Majestic condo with city view on the 3rd floor for sale,safe car park,24 hr security,communal swimming pool,cheap maintenent,800 meters to Jomtien beach, transfer 50/50 the value of this condo is more than 700,000 baht Sale: 550,000 THB Email: mellovespla@yahoo.ca

Studio For Sale Studio for sale in Jomtien Beach Condos near Soi 10. Building A3 - 13th Floor.

Excellent price for this very rentable condo. Quick sale needed !!!!

Sale: 1,100,000 THB Email: mike@ rainbowpropertiespattaya.asia

Studio Apartment For Sale Located on the 4th floor of Baan Suan Lalana this 42sqm studio is priced for a quick sale. 36,900 baht per sqm. Fully furnished with balcony. Close to both Jomtien Beach Road and Sukhumvit Road for easy access around the city.

Sale: 1,550,000 THB Email: mike@ rainbowpropertiespattaya.asia

Chonburi Duniya Ka Pehla Legal Traditional Software Business Concept, Jisme Aap Lakho Kama Sakte He.

www.pattayatrader.com

Dosto, duniya me software industry, ek lauti industry he jisme profit percentage ki koi limits nahi hai. {020830700AM} Kyoki software ki kimat chahe kitni bhi ho lekin bikta 20 rs ki CD Mein. Esiliye BILL GATES pichle 20 salo se income me no. 1 hai. Ab Aap bhi full time/ part time kam karke is software industry me Kama sakte hai aur pa sakte hai holsale aur retail dono ka fayda. Yani 200% se 2000% ka profite margin. CHALLANCE: Duniya ke Kisi bhi ISO: 9001:2008 & 27001:2005 plane ya company me itna profite ho to hamari puri team kam se kam 5 lakh ke investment se apke sath kam karegi CONTECT: +91 8460003111 (Whatsup.)

E-mail: meetaconsultancy1@gmail.com Phone: 8460003111 Email: ALTAFSMANJOTHI.527@GMAIL. COM

Naklua Naklua View Condo For Sale @ Nirun Condo, 13th Floor **condo for sale in foreigner name with nuklua view***13th floor*nirun room # 521/453*included* : sofas, bed, wardrobe, tv stand, bed side cabinet, ceiling fan with light, large cabinet with dish rack, refrigerator, microwave oven. ** 2 security gates for balcony and main door ** **price: 1.1 million**contact: alam @ 0806267424 Sale: 1,100,000 THB Phone: 0806267424 Email: tanyaalam@hotmail.com

Studio For Rent Or Sale 36 Sqm On 5th Floor In Naklua Rd Прекрасный студия в аренду или продажи 36 кв.м. на 5 -мэтаже в Наклыа Rd Soi 16/1, А. Д. кондоминиума. Расположенный всего в 800 метрах от пляжа Wongamat. Иностранные квота доступны. Продажа 1.590.000 бат. Аренда 12,000 бат в месяц. Мобильный 0824711330, 0940402540 Sale: 1,590,000 THB Rent: 12,000 THB / Month Phone: 0824711330 Email: apartments.sea@gmail.com

New Renovated Beachfront Condo For Cheap Price New renovated beachfront condo for cheap price 110 sqm 2 bed 1 bath, Full European kitchen Hitachi Double Fridge and Washing machine. Custom made built in furniture with jacuzzi. German UPVC Windows and Doors. JBL Ceiling Speakers in each room. Beautiful wood tiled floors. LED Lighting throughout.

Low rise building 5 floors and this unit is on the 4th. Undercover parking with Security. Maintenance 20,000 per year ( This year all the lifts have been renovated as well as the Swimming pool) Oceanside Swimming pool next to the Beach Sale: 4,500,000 THB Phone: 0869820813 Email: sales@bluesquare-properties.com

Central Pattaya Spanish Place Condo for sale. 32 SQM, Ground floor Building 6 700,000THB , Condo is on Sukhumvit Road Pattaya, between Central and South Roads. Next door McDonalds, 7-11

Store, Tops Mini Supermarket. Price firm, Buyer pays all transfer costs.

Sale: 700,000 THB Phone: 0843476953 Email: khundenn@gmail.com

Condo For Rent Jomtien

Sea View Condo On Jomtien 1 bathroom, 41 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

House For Rent In Jomtien 5 bedrooms, 6 bathroom, 210 sqm. interior, 2 Storeys, Phone: 038374136 Email: info@towncountryproperty.com

Condo In Jomtien 3 bedrooms, 4 bathroom, 170 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

View Talay 5d Condo For Rent On The Top 21st Floor Available April 2013 View Talay 5D Long Term Tenant Wanted Available from April 1 2013. For my Top floor (21st Floor) 48sqm Furnished Studio with a huge balcony Jomtien Sea Views. Long term tenants only on a 6 month plus contract 16,000 THB per month. Call 0871444706 Phone: 0871444706 Email: phil_persson@yahoo.com Apartment 10000Baht/month For Rent : 1 year :10,000Baht/month View Talay 2A, 6th floor, 37 sqm, Jomtien Side.

Mobile-092-6486945 Phone: 08 9248 1920 Email: cashlamb@yahoo.com

View Talay 5d Top Floor From 15,000 Baht Per Month Stunning 48 sqm Studio on the top floor of VT5D, Magnificent views, Quality Thai furnishings, European Kitchen, TV, DVD, Air Con, Modern Bathroom with Rain shower,. Minimum 6 month contract (16,000 Baht) or for 1 Year (15,000 baht) Call 0871444706 Rent: 11 THB / Month Phone: 0871444706 Email: phil_persson@yahoo.com

Naklua Nice 2 Bedroom Rental..

2 bedrooms, 2 bathroom, 112 sqm. interior Phone: 038374136 Email: info@towncountryproperty.com

3 Bedroom Duplex For Rent Very special DUPLEX penthouse for rent at Northpoint, probably the best beachfront condo in Pattaya. 3 bedrooms, 3 bathroom, 185 sqm. interior, phone: 038374136 Email: info@towncountryproperty.com

2 Bedroom Beachfront Condo 2 bedrooms, 3 bathroom, 121 sqm. interior,

Phone: 038374136 Email: info@towncountryproperty.com

Luxury 2 Bedroom For Rent..

Beach front condominium.. 2 bedrooms, 3 bathroom, 123 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Great Sea View Apartment In Wongamat

Excellent 74 sqm luxury 1 bedroom for rent! Long term clients only... Call us for an inspection. 1 bedrooms, 1 bathroom, 74 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Wongamat Studio For Rent Very nice studio just available in this brand new project! Fully furnished to a high standard, built-in wardrobes and over looking the lush tropical swimming pool. 100 m to the beach and 200 m to the Sanctuary of Truth. Free WIFI Internet & BTV TV is included in the rent. Call us now for an inspection.. 1 bathroom, 35 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Central Pattaya Condo In Central Pattaya 1 bathroom, 45 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Northshore 2 Bed...

2 bedrooms, 2 bathroom, 117 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Excellent 1 Bedroom We have for rent this very nicely appointed 1 bedroom located on Pattaya Beach Rd, close to everything. 1 bedrooms, 1 bathroom, 80 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Large Studio For Rent This 12th floor apartment in TW Condo is available for rent now! 6.8.13 Fully furnished with great views from the balcony. Minimum contract = 6 months.

18,000 baht per month - 6 months 17,000 baht per month - 12 months Rent: 17,000 THB / Month Email: mike@ rainbowpropertiespattaya.asia

Nice Studio For Rent This wonderful condo offers luxury tropical living in The Best Location in Pattaya City and is literally 250 metres from the Beach, 350 metres from Walking Street and 100 metres away major shopping malls, cinemas, restaurants and other entertainment venues, yet offers quiet and safe surroundings. Built to strict international standards and offers a remarkable array of features. Residents facilities include two swimming pools, clubhouse, gymnasium, security with CCTV, keycard access, Internet - WI-FI, underground parking, laundry, shopping arcade, restaurants, 1st class fire system and more. 1 bathroom, 45 sqm. interior,

Phone: 038374136 Email: info@towncountryproperty.com

PATTAYA TRADER

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House for Sale East Pattaya

Psr House East Pattaya 4 bed, 2 bath, 272 sqm land, communal pool and security, located near Mini Siam, East Pattaya. For sale 3,799,000 THB. Ref : scp101. Please call 0870587349.

Phone: 0870587349 Email: Jimmy@connectpropertycenter. com

Eakmonkol 4 If you are looking for a house and only have a small budget, then take a look at this house. Ideal rental investment.

Selling for 1.4 million THB Sale: 1,400,000 THB Phone: +66 (0) 90 726 8965 Email: info@gorentpattaya.com

East Pattaya Villa 80sqm Living 50sqw Gated Fully Furnished 1.79m Thb Great Deal on Nice Villa 2 bedroom 2 bath home in East Pattaya, communal pool, 24 hour gated security, 80sqm living space, nice furniture, Call for appointment 0800947294 Sale: 1,790,000 THB Phone: 0811769694 Email: rosepattayabeach@hotmail. com

Classic Place This house is ready to move in or would be a good rental investment. Well worth a look. Selling for 2 million THB Sale: 2,000,000 THB Phone: +66 (0) 90 726 8965 Email: info@gorentpattaya.com

House 3 Bed 2 Bath For Sale On Quiet Location In East Pattaya House 3 Bedrooms-2 Bathrooms, Living Room, Total Size 200 Sqm. Located on Quiet Area(Soi Talman), Fully Furnished, European Kitchen, TVs, Cable TV, Air Conditions, Ceiling Fans, Garden, Covered Parking. SALE PRICE: 2,500,000 THB. Sale: 2,500,000 THB Phone: +66-823440822 Email: admin@bobbybrooksproperty. com

Ph1 Village In Pattaya 2 bedroom house, 2 bath, 336 sqm land plot, built-in furniture, complete Euro kitchen, communal pool, 24 hrs security.

For sale 3.7 MB or for rent 25,000 THB per month (Long term rental only). Ref : scp121. Please call 0870587349.

Sale: 3,700,000 THB Rent: 25,000 THB / Day Phone: 0870587349

Naklua Bungalow 2bed 2bath Lovely bungalow, large living room, 2 a/c bedrooms, 2 hot water bathrooms, nice garden, water tank, pump, cable tv, internet, full security and fly screens to all windows and doors,quiet location on Sukhumvit.Well maintained throughout.

Tel0876102100

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PATTAYA TRADER

Sale: 2,800,000 THB Rent: 17,000 THB / Month Phone: 0815775930 Email: hugh_2121@yahoo.co.uk

Lapattana Village This very nice 2 bed 3 bath house is being sold fully furnished. Lapattana Village is on Soi 21 Sukhumvit road. The property is in very good condition and is well worth a look. Selling for 3.3 million THB Sale: 3,300,000 THB Phone: +66 (0) 90 726 8965 Email: info@gorentpattaya.com

Townhouse In Naklua Pattaya Townhouse in Naklua for sale direct from owner. Company name. Walking distance to Bangkok Pattaya Hospital, Banglamung Hospital and Naklua market. 5 mins drive to Tesco-Lotus North Pattaya. Modern, nice and clean inside. Fully furnished. 2 bedrooms, 2 bathrooms, large living room, dining room, separate kitchen, air condition.

Carport. 1,750,000 baht Ring 0816367820 (Eng) or 087-9029935 (Thai) for further information.

Sale: 1,750 THB Phone: 0816367820 Email: francis_song@hotmail.com

Jomtien Luxury House Jomtien Luxury house in a boutique residence offer a fine living with all quality amenities, 3 bedroom, 4 bathroom.

For sale 10.9 MB or for rent 65,000 THB per month. Minnimum rental period 6 months. Ref : scp070. Please call 0870587349.

Sale: 10,900,000 THB Rent: 65,000 THB / Month Phone: 0870587349 Email: Jimmy@connectpropertycenter. com

Reduced Price For Quick Sale!!

Beautiful house in a high end gated community, 3 Bedroom, 5 bathroom, maids quarters, 2 European Kitchens, 2 lounges, 13,000,000 THB!! Ref : scp069.

Please call 0870587349 thai 0800973330.

Sale: 13,000,000 THB Phone: 0870587349 Email: Jimmy@connectpropertycenter. com

Jomtien Park Villas – Luxury Pool Villa 600 Sqm-jomtien-pattaya Sensational Single Level Residence. This enchanting 600 sqm Pattaya home offers classic living.

Sale: 31,600,000 THB Phone: 0861128908 Email: mrquoteyou@gmail.com

Shop/town House For Sale Or Rent 3 Storey 3 Bedroom Shop/Town House for Sale off Thappraya Road. Perfect for living or joint office and living accomodation. Quiet location. RECENTLY REDUCED PRICE !!! Owner finance arrangement available: 1,000,000 baht down payment. Remainder 3% over 5 or 10 year period. Please message and ask for further details. This property is

also avaible for rent. Minimum 6 months - 23,000 baht 12 months - 21,000 baht Available for rent July 2013 Sale: 4,100,000 THB Rent: 21,000 THB / Month Email: mike@ rainbowpropertiespattaya.asia

House For Rent

East Pattaya

Sukcharoen Village - Pc0724 Sukcharoen Village is located at Soi Santikarm Temple 36 Rd. Km.4 highway 36 near the Regents School. The house has a nice size and is priced to rent out soon.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com

Phurmsiri Village - Pc0653 When you are on a budget but you need a 3 bedroom house then this is it. Nicely located in Soi Khaotalo, very close to South Pattaya and Tesco Lotus.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com

Hillside Village A great 3 bedroom home for under 20 k/m.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com

Royal View Village - Pc0703 A very nice house not to far from the Sukhumvit (Soi Chaiapruk 2)in a secure village with a communal pool.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com

Naklua Baan Vizcaya - Pc1261 This location is superb.....a stone throw from the beach!If the beach is what you are looking for then this is your house! 5 bedrooms,3 bathrooms.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com

House For Rent Pattaya Big house for rent, 3 bedrooms, 1 maid room, 1 bathroom, 3 bathroom, detached house in Naklua, price can negotiated if rent long term. Mobile-089-7727648 Phone: 08 9248 1920 Email: cashlamb@yahoo.com

Jomtien View Point - Pc0266 View point is located next to the Village Shopping Mall! Ideal location for going in and out town.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com Baan Fah Rimhad - Pc0664 Baan Fah Rimhad is located on the

new Jomtien Beach Road and has very good security and facilities. The village is not new but very well maintained and managed. Distance to the beach is around 200 meters.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com

Royal Park Village - Pc0976 Located in quiet village in hart of Jomtien, walk in distance to the beach, restaurants, European supermarket.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com Condo For Rent In Jomtien 1 bedrooms, 1 bathroom, 155 sqm. interior, Phone: 038374136 Email: info@towncountryproperty.com

Tiveri Village Jomtien If you have a small budget and need a 3 bed house, then look no further!

This house is at the bottom of Soi 15 Thappraya Road. At 12,000 THB per month this is a must see property.

Rent: 12,000 THB / Month Phone: +66 (0) 90 726 8965 Email: info@gorentpattaya.com

For Rent - Panalee Village - Jomtien For Rent. A luxuriously furnished 3 bed - 2 bath home, aicon, full Euro kitchen & laundy with washer. Large garden. Rent includes gargener, Cable TV and fees. Bht 35,000/mth. Call 0899287053 (Thai/Eng) or 0852863360 (Eng) or taendy2005@ hotmail.com.

Rent: 35,000 THB / Month Phone: 0852863360 Email: tonyherley@hotmail.com

Adare Gardens 1 - Pc0785 Avoca Gardens 1 is very beautiful 3 bedroom, 2 bathroom house in Avoca Gardens 1 in Pratamnak between South Pattaya and Jomtien. The house features a spacious living room, a European kitchen and is fully furnished and air conditioned. There is a private pool, tropical garden. Just a short drive to the dining and shopping areas of Pattaya and Jomtien.

Phone: 087 021 7014 Email: info@pattayaprestigeproperties. com 3 Storey House For Rent In Jomtien.

This large 450 sqm 3 storey house with 4 bedrooms, livingroom, 7 bathrooms is for rent near Jomtien 2nd Road in Jomtien, Thailand. This is a rare pool villa for sale with a partial sea view at a very convenient location near to the beach, shopping, local transportation and entertainment. Specifications: Type of property: House for rent Interior size: 450 sqm Land size: 408 sqm Bedrooms: 4 Bathrooms: 7 Kitchen: 1 Living room: 2 Stories: 3 Furniture: Fully furnished View: Sea view & City view Rent: 65,000 Baht/Month (12 month contract) 75,000 Baht/Month (6 month contract) Mobile-084-3515346 Phone: 08 9248 1920 Email: cashlamb@yahoo.com

Issue 124 | DECEMBER 2014