When I was in Pattaya last Month, I looked at a new development under construction. I have been talking to the developer and this is the deal on the table -
*put down 100k to secure the condo.
*20% to be paid within 30 days.
*1% to be paid every month for 30 months during construction.
*50% to be paid at completetion.
Annual maint is 50b per meter.
Sink money is 600b per meter.
They won't do up the contracts until I pay 5%. I emailed a lawyer in patts and he replied "I charge 20,000 baht" so I don't think I can get anything out of him until I pay him, right?
It suits me because of the time frame of 3 years, so I'm ready to take the plunge. I just thought I would post on here for any comments?