Paul Strachan (right) informs
the press as to why Pattaya Property Auctions has been set up.
More than 50 condos, townhouses, villas and land parcels
will be up for auction when a local duo launches the Pattaya Property
Auctions at the Holiday Inn Pattaya June 16.
Local auctioneer John Collingbourne and media man Paul Strachan announced
their new real estate marketing company May 14. They said the intent is to
create another marketing channel for property developers, assisting them to
clear out slow-selling stock.
Strachan said there are more than 30,000 properties on the market in Pattaya
and that buyers are “somewhat spoiled for choice.” Partners include Matrix
Development, Global Top Group and Powerhouse Development and the Nova Group.
Available in June’s first auction will be properties at Nova Ocean View, The
Cliff, Art on the Hill, The View, Sunset Boulevard 2, City Garden Pattaya
and Paradise Ocean View. All units are either completed or in the final
stages of completion.
Strachan and Collingbourne state they have worked with developers to
guarantee the very best price so that potential buyers can be assured of a
genuine bargain.
A pdf catalog of available properties will be available at
pattayapropertyauctions .com after May 25, detailing unit size, location and
developer. Potential buyers will also be able to arrange a viewing prior to
the auction.
Strachan noted that the auction is private and registration requires a
deposit of 50,000 baht, which will be refunded if no purchase is made.
Winning bidders will see their deposit applied toward the parcels they
purchase.
Seasoned auctioneer John
Collingbourne speaks about how the property auction will be run.
Paul Strachan (left) and John
Collingbourne (right) are joined by Paul Sutton (2nd left) from Powerhouse
Development, May Watson (center) from Matrix and Lorenzo Joaquin (2nd right)
from Global Top Group.
Lorenzo Joaquin from Global
Top Group talks about why his company is entering units in the upcoming
auction.
