Thousands of foreigners are investing in Thailand real estate, and for good reason. For a country that’s beaming with culture, tradition and developments, it’s not surprising that its investment trajectory has gone up in recent years, especially in Pattaya.
Known for its beautiful beaches, bustling nightlife and good food, you surely won’t regret deciding to buy a house in Pattaya (commonly referred to as ซื้อบ้านในพัทยา in Thai). But in case you’re not fully convinced yet, here are more reasons to give it a go:
- Pattaya is still growing. One good rule when investing in real estate is to find locations that are still not fully developed but have a huge potential for growth. Compared to Bangkok that’s basically saturated at this point, Pattaya is still growing. You’ll see roads being constructed, the airport being expanded and many other infrastructure being built around the city, which is an excellent sign of development. When you buy a house here now, you can still get a good deal and guarantee that the prices will go up when all these developments are completed.
- Pattaya gives you the lifestyle that you’ve been dreaming of. Living in a city filled with traffic, skyscrapers and technology can be so overwhelming and exhausting. So if you’re investing in a property, choose a location that will offer you the opposite of that lifestyle that you’re used to. Pattaya is considered the perfect escape by a lot of people. Although it’s basically a city, you get to experience a more laidback lifestyle here. You have the modern infrastructure on one side and the beautiful beaches on the other. There’s even a little bit of nature in between all of that, making Pattaya such a beautiful place to consider as your second home.
- Pattaya is more affordable. If you compare Pattaya to other major cities in Asia, you’ll see that living here is a lot more affordable without sacrificing your quality of living. For one, houses are a lot cheaper, so you can maximise your budget. The produce, food and even nightlife are also more budget-friendly, but you’re still getting the best experience every time. And because Pattaya is more laidback, you can easily embrace a slower way of life here with a lot of walks and exploring local options.
Finally, buying a house in Pattaya is a smart investment decision since the real estate here is more stable and competitive than in other parts of Thailand. This means that you can own a house here to live in whenever you’re in the city and have it rented out to tourists if you’re not using it. This way, the property will continue to generate income that could cover upkeep expenses and help you gain some ROI in the process. And if you choose to sell the property in the future, you can guarantee that it will be at a much higher price than when you bought it. That’s a sound investment right there and a great way to protect your wealth for the long term.
Now if you’re still searching for the perfect house to buy in Pattaya, check out our catalogue of properties for you to choose from.
