Pattaya was a small fishing village with pristine beaches located next to the ocean that used to appeal mostly to visitors looking for tranquil locations. It all began when American GIs who were stationed in Vietnam decided they liked going there and, in fact, declared it an off-duty destination. Over time, Pattaya began to grow because more restaurants and hotels appeared and did not take much time to turn into one of the world’s most popular tourist destinations. Moreover, in this piece of writing, we will see what benefits one can have by buying real estate in Pattaya. So, let’s not waste more time and cut to the chase!
Abundance of Assets
Pattaya has a reputation as a fun-loving tourists’ paradise but by spending a few days there you’ll soon discover that it has many other assets for development. These include its spectacular beaches, magnificent tropical islands, and picturesque mountainous jungles. All these factors have had an enormous impact on the city’s real estate sector – from its residential properties to its excellent hotels and golf courses which also make it one of the leaders within the industry. Pattaya is undoubtedly blessed with an abundance of natural resources that have helped make it such an attractive location for buying or renting property either in the city’s urban center or upon the hills. So, if you are planning to buy property anywhere in Thailand, it should be in Pattaya.
Pattaya also has found a central spot in the Eastern Economic Corridor, and there several development projects that aim to boost the region’s marketability. One such development is an investment plan of more than 1.5 billion THB (47 million USD) aimed at developing a network of nontraditional exports, which will bring much-needed business and trade to the area: airports, deep-water ports, high-speed trains, highways, etc. In this way, Pattaya will become much more accessible to its neighboring provinces and other areas around Thailand and beyond. So, you can understand how beneficial it5 can be if one invests in property in Pattaya!
It is also worth recalling how Pattaya saw more than 10 million tourists in 2018. The numbers are astounding! In fact, Pattaya was the 14th most visited city in the world that year, ahead of heavyweights like Milan, Hong Kong, Barcelona, or Bali. Tourists from all around the world visit Pattaya for a few days or for several months – so you can rest assured that there will be no lack of people looking to rent an apartment here! Additionally, you won’t face any problem while selling your property as the popularity of this place is continuously increasing.
If you are looking for real estate in Pattaya that is available for sale, you should contact Global Top Group. It is a well-known real estate agency that can help you get high-end property in this city at the most reasonable cost. Please head to the agency’s website.