Pattaya Condo

 

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Pattaya of the Future

Pattaya of the Future (21)

Fresh Opportunities for Thai Property Investment

There are some stunning properties on the market right now and some great opportunities for investment in apartments of excellent specification and price..

Although there are a number of area's with property for sale to foreigners in Thailand, the focus is on Pattaya and Jomtien because of the convenience of location, exceptional micro climate, value for money, well developed services and infrastructure and ease of access to both the capital city of BKK and International airport.



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MR.BOND at THE BEACH, STUDIO, 1BED-DUPLEX - JOMTIEN

The most secured and durable investment is real estate property. History has proven that although real estate prices may have fluctuated from time to time, over the long-term real estate property has appreciated in value. The security for a mortgage is real estate property.

Private mortgages provide a regular income stream, tangible security and a real return to the investor that is superior to bank deposit, GICs and bonds.

Property Investments In Pattaya And Off Strategy Initiatives

STUDIO FOR SALE 3.5MLN: METRO JOMTIEN CONDOTEL

Investing in the Pattaya home market is absolutely nothing new. All big customers of the international hotel field have invested billions in Pattaya, however there is nevertheless a scarcity of hotel and condominium rooms in the superior season.

Investors are from Japan, Hong Kong. China and Australia as well as large a tourism contingency from the Thai current market and are the major investors of the industry currently.

Pattaya Condo Projects Continue to Grow in 2013

FOR SALE: VIEW TALAY 5 STUDIO ROOM JOMTIEN SIDE

Tourists are continuing to flock to Pattaya, with the popular Eastern Seaboard resort destination set to accommodate over 8 million hotel guests in 2012. If this figure is achieved, it will be the highest ever for any Thai resort destination.

The boom in tourism is partly driven by a rediscovery of Pattaya by Thai nationals, especially the quick-growing ranks of Thailand’s middle class, as well as a continuing influx of tourists from Russia, China, and India, plus big improvements in transport infrastructure and accessibility.

Foreign Investment in Pattaya Property Market Reaches New High

FOR SALE: VIEW TALAY 2B, 2 BEDROOMS - JOMTIEN SIDE

Pattaya identified as key destination worthy of investment.

“The Thai condo market is booming at the moment. The country’s new infrastructure project has helped transform the condo market in cities like Bangkok and Pattaya”, says Lee Chettoe, Sales Manager at Knight Knox International.

These infrastructural plans, which are expected to improve accessibility across the country, are set to aid Thailand’s already-thriving tourist trade. The Ministry of Tourism and Sports reported that over 22 million tourists visited Thailand last year, holidaying mainly in the popular regions of Pattaya and Bangkok.

Investing in Condominium Real Estate in Pattaya

FOR SALE: THE SKY CONDO STUDIO-3BED, JOMTIEN.

Pattaya has all the things to give the vacationer and expat resident with rising investment possibilities in the condo market place, offering an improved return in investment for those in world wide markets.

Pattaya Residence Market Place: Positive Aspects

Thailand will Continue to be Amongst the Leaders in Investment Growth

Thailand is considered to be one of the largest growth areas in Asia -a true emerging market. The country has recently attracted significant foreign investment and has become one of the Asian economic leaders. Real estate experts predict that Thailand will continue to be amongst the leaders in investment growth. A list of favorable factors support this belief:

According to the Bank of Thailand, there will be no significant knock-on effect from the downturn in the US economy.

Would you Invest in Pattaya?

Thailand is the third most popular place to buy property after the US and Spain, according to Themovechannel.com’s Top of the Props, with the Kingdom accounting for 6.78 percent of all enquiries on the real estate portal in April. According to the site, this is Thailand’s highest ranking ever, driven largely by an increase in activity in Pattaya.

For those with a knowledge of Pattaya this may come as a surprise but the infamous costal retreat has in fact undergone what could be termed a gentrification in recent years. Of course, Pattaya will be Pattaya but the city’s image is changing from a seedy getaway to a sound investment case. One cannot deny the flurry of activity in the condominium market in areas such as Wongamat, Pratumnak Hill and Jomtien.



Foreign Investment in Thailand Property Market

THE CITY CENTER PATTAYA - City Living in Style by Matrix

Pattaya is a vibrant beachfront city lined with mind-blowing architecture and luxury hotels. The condominium market is extremely popular with investors in the area, with the second half of 2012 seeing the launch of over 7,000 new units and a take-up rate as high as 69%.

Travel 150km north and you will arrive at Bangkok; a city abundant with magnificent palaces, grand temples and traditional street markets. These features have helped its tourist status grow to an unconceivable level, as shown by a recent accolade awarded to Bangkok by the Travel & Leisure Magazine, who voted it the best city to visit in the world in 2012.



Tourism, Planned Infrastructure Keep the Pattaya Condominium Market Strong

FOR SALE: THE VILLE JOMTIEN, 3BED-4BED, CHAIYAPRUK2

The condominium market in Pattaya this year continues to show strong growth, with approximately 6,500 units in the pipeline scheduled to be launched in the first half of the year. Jomtien is set to be the major location for condominium development, especially in the mid-range to low end sectors.

While more Thai buyers are seeking condominiums in Pattaya than a few years ago, the expat market remains vibrant. In particular, Pattaya is known in some quarters as a little "Moscow-sur-Mer"; Russians have been spending and investing heavily.



FOR SALE: SOUTHPOINT PATTAYA, PRATUMNAK

FOR SALE: SOUTHPOINT PATTAYA, PRATUMNAK

The Nation newspaper has reported that the value of Thai property bought by foreigners last year was Bt67.03bn, accounting for 11.6 per cent of all property available for sale during the year, according to a survey by the Agency for Real Estate Affairs (AREA).

AREA’s president Dr Sopon Pornchokchai said 26.9 per cent of the properties bought by foreigners, worth about Bt18.05bn, are in Bangkok and surrounding locations, while 21.1 per cent (Bt14.1bn) are in Phuket; 19.7 per cent (Bt13.17bn) in Pattaya; 10.9 per cent (Bt7.2bn) in Cha-am and Hua Hin, and 3.3 per cent (Bt2.2bn) in Chiang Mai.



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FOR SALE: TIENTONG CONDOTEL - JOMTIEN

In 2008,the mid-range property market of Thailand suffered from worldwide financial crisis. However,the chief executive officer of Pattaya based England Property believes that the mid-range property market in Thailand is poised to stage a comeback.

Indeed, England Property has just begun construction of Southpoint, its first project, people already sees indicators of recovery in the property market.

Panasia Hash 2013 in Pattaya

Program Details

Here is the tentative program for next Pan Asia Hash 2013 in Pattaya.

4th July, (8am- 6pm) Registration of participants & collect of goodies bag.

Registration of RED DRESS & BALL BREAKER RUN

Pattaya First Thai City to be a VISA Zone

VISA launches the Thailand Pattaya Tourist Prepaid Card

Somboon Krobteeranon, Visa Country Manager, Myanmar and Thailand (3rd from left) and Pattaya Mayor Itthipol Kunplume (2nd from right) are joined by Prem Busarakamwongs (1st from right) and Alisa Phanthusak (2nd from left), and Saraichatt Charlotte Kunjara-Na-Ayuthya (1st from left) to announce a pioneering program of electronic payments that will bring the convenience and security of electronic payments to Pattaya as it evolves into a cashless city.

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