Let's say you encountered an investment a friend introduced to you, claiming it was almost risk free, and like a serious investor you decided (shrewdly I may add) not to take your friend's tip as-is, and preform your own due diligence checking of the expected ROI…
I suggest you do the same regarding my advice to invest (now, before it appreciates further) in Pattaya real estate, of course with all the due diligence, profitability and projected revenue checking and estimates you can find. If at all possible get professional advice and consulting for that matter, however, this will not change my amateur take on things that real estate in Pattaya is a very good investment and getting better due to changes in building plans and Thai government investments in tourism promotion.
Take the roads and infrastructure for example: The ministry of tourism has invested millions of US dollars in roads connecting the various adjacent resorts and attraction areas to Pattaya central, enabling more businesses to open shop along connecting areas, boosting upward the number of available eateries, bars and places of entertainment. Beside the growing availability of business leasing and purchasing catering to the bubbling tourism industry, real estate in Pattaya also includes a huge array of available houses, resorts, flats, condos and cottage villages for purchase at varying rates (surprisingly low) for investment, or for private purchase to all those flocking into the town to live a life (or second life) of leisure and relaxation. Purchasing parties will compete with local Thai retirees, expats, western tourists out for a bargain and investors who wish to buy yet another exotic house with a waterfront view… Regardless of who you are up against, Pattaya real estate for procurement will appreciate as it has in recent years, due to available lots and more undeveloped areas ripe for investment and building.
For similar reasons (attractive areas to be and relax) the Pattaya real estate for tourism-related rentals is booming, also because the variety of available accommodation's around town: Both for the classy, posh or glitzy crowd, and the low budget tourist families and or worker small flats, there is something for everyone and a lot of it is being attracting thousands by the day, renting places short or long term, at varying levels of comfort in this lovely town.
I suggest you do the same regarding my advice to invest (now, before it appreciates further) in Pattaya real estate, of course with all the due diligence, profitability and projected revenue checking and estimates you can find. If at all possible get professional advice and consulting for that matter, however, this will not change my amateur take on things that real estate in Pattaya is a very good investment and getting better due to changes in building plans and Thai government investments in tourism promotion.
Take the roads and infrastructure for example: The ministry of tourism has invested millions of US dollars in roads connecting the various adjacent resorts and attraction areas to Pattaya central, enabling more businesses to open shop along connecting areas, boosting upward the number of available eateries, bars and places of entertainment. Beside the growing availability of business leasing and purchasing catering to the bubbling tourism industry, real estate in Pattaya also includes a huge array of available houses, resorts, flats, condos and cottage villages for purchase at varying rates (surprisingly low) for investment, or for private purchase to all those flocking into the town to live a life (or second life) of leisure and relaxation. Purchasing parties will compete with local Thai retirees, expats, western tourists out for a bargain and investors who wish to buy yet another exotic house with a waterfront view… Regardless of who you are up against, Pattaya real estate for procurement will appreciate as it has in recent years, due to available lots and more undeveloped areas ripe for investment and building.
For similar reasons (attractive areas to be and relax) the Pattaya real estate for tourism-related rentals is booming, also because the variety of available accommodation's around town: Both for the classy, posh or glitzy crowd, and the low budget tourist families and or worker small flats, there is something for everyone and a lot of it is being attracting thousands by the day, renting places short or long term, at varying levels of comfort in this lovely town.
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