You will be hard pushed to find anywhere else in the world that has quite so much to offer as the great city of Pattaya in Thailand. It doesn’t matter who you are; investor, holiday maker or expatriate - whatever the case, there will undoubtedly be something here for you!
With its gorgeous, tropical climate; the friendly and accommodating nationals; the exotic and luscious greenery; miles of pearly white sands; refreshing, clear blue seas; unbelievably delicious food; a wealth of entertainment that caters to all pallets, all for enticingly inexpensive prices – it’s no wonder why Pattaya is not only one of the most desired holiday destinations in the world; but also boasts an ever thriving Real Estate Market!
OK, so Pattaya sounds like a lot of fun right? But what are the main reasons for investing in property in Pattaya? (Besides all of the above) Read on and find out for yourself:
- Competitively Priced – I’m writing this from a European perspective, where property prices are vastly different - But looking at some of the incredible condos for sale in Pattaya, just a stones-throw away from the beach and then comparing them to what’s available on the market in the UK for the same price…well, I suppose I could always buy a nice shed? What do you think?
- Irrefutably High Rental Yields – If you’re looking to buy a new permanent home in Pattaya then this won’t apply to you, but for those looking simply to invest or buy a second holiday home, then you can expect rental yields somewhere in the region of 8 to 10% per year! Make your money work for you.
- Fast Capital Appreciation – Due to an exponential amount of tourists flocking to Pattaya each year, you can expect a fast and significant capital appreciation on your property. Simply put, there is always going to be a demand for property, be it condominiums, sea-views villas, beach huts or houses – Pattaya is a desirable destination with millions of holiday makers looking to live it up in paradise.
- Perfect Holiday Homes – Thailand is world-renowned for boasting a stunning, hot climate, gorgeous beaches and clear, warm waters. Where better a place to invest in a holiday home, than in one of the most desirable holiday destinations in the world? You get to make the most of it however often you like throughout the year, and when you’re not using your property; you’ll be making your money back – and some.
- Ever-Improving Infrastructure - Due to its popularity, the Thai government are investing a significant amount of money into Pattaya and its infrastructure. In 2018 for example; they are constructing a rail link from Bangkok to Pattaya which will cut travel times down from 90 minutes to 30. On top of that they are even expanding its current local airport, allowing Pattaya to better accommodate a greater number of tourists each year.
In a nutshell, Pattaya is an all-round sound investment. The property market is stable and ever on the rise, so if you’re worried as to whether or not your money will be safe; don’t. The proof is in the pudding! If you’re not convinced, book yourself a holiday and see for yourself! Pattaya truly is one of the most spectacular destinations in the world and you will not be disappointed whether you’re buying a new home, or simply looking to invest and turn a profit.