Renting a property for short-term or stays of up to six months is becoming increasingly popular and is a great way to familiarise yourself with the area and give you more freedom than you would experience should you decide to stay in a hotel. There are lots of condominiums that are available for rent in all parts of Pattaya as well as a number of houses, although these are predominantly found in East Pattaya.
One of the main benefits of renting a condominium or house during your holiday is the fact that as a general rule the cost will be lower than that of a hotel without having to compromise on the quality. If you are new to the area or would like assistance with installing the internet or anything else to make your stay even better, we will be only too happy to assist you.
At WE SELL PATTAYA PROPERTY we have a wide selection of properties that are available for long term and shorter periods. Naturally, for these different types of rentals, the terms of the contract will be different, the way in which the transaction is registered and the price will also vary slightly. Below is a brief guide to the different types of rental.
Long term rental (6 months & above)
This is by far and away the most economical method of staying in Pattaya (assuming that you don’t want to purchase your own property) and a stay in a hotel for this duration would be nothing less than expensive, to say the least. Here are the basic steps to finding a long term rental property.
Take a look at the areas and the type of property that interests you, whether that be a Condo for Rent or a House for Rent. This will give you a good idea of what’s available for the budget you have. If you look too far in advance it is possible that these properties may no longer be available when you arrive in Pattaya so this needs to be taken into consideration.
When you arrive, our team will arrange a mutually convenient schedule for viewings so that you can see the properties and the area for yourselves.
Once you have selected your desired property you will need to place a security deposit to secure the property. The norm for this is two months although some landlords may not request this sum for a reservation but will require it when you move in. We will issue you with a receipt that will guarantee that the property is not available for your desired period. If you decide not to move into the property for whatever reason the deposit will usually be forfeited although this will be at the discretion of the owner.
When it comes to moving in you will be expected to pay one month’s rent in advance in addition to the two-month’s security deposit. When you have completed the rental, the deposit will be returned to you after all bills have been paid and the cost of any damage has been calculated. This is usually on the day that the rental terminates but can, in some cases take up to 14 days.
The final step will be receiving the keys to your rental property. This will be done after rental contracts have been signed and the deposit and first month’s rent has been paid. Certain conditions will need to be agreed beforehand for example if pets are allowed or if you can smoke in the property and should be clearly stated in the contract to avoid any confusion at a later date. It should be noted that it is rare for pets to be allowed in condominiums so if you are a pet owner you may wish to consider a house rather than a condominium.
Short term rental (1-6 months)
The principle behind a short-term rental is very similar to that of a long-term rental in that you will need to search and choose your desired property as well as pay a month’s rent in advance. The difference may concern the deposit where less than a two-month deposit is required although this again would be at the discretion of the landlord.
If you would like more information about renting a property in Thailand Contact Us.