Sunday, March 24, 2013

The Property Market in the Pattaya Area Has Been Growing


The property market in the Pattaya area has been growing for many decades as more and more people are deciding to make Pattaya their home. The ever increasing interest in Pattaya has been fueled mostly by buyers from outside Thailand. The reason is that many Europeans fall in love with Thailand and Pattaya is a city which offers the best that Thailand has to offer. There are are many condo for sale Pattaya with the price usually starting from 30,000 US dollars.


Pattaya is a city situated about 150 kilometers south of Bangkok; the largest city of Thailand. This means that you can drive from Pattaya to Bangkok in less than 2 hours. This gives Pattaya a distinct advantage over many other tourist towns in Thailand. Other tourist cities such as Phuket and Chiang Mai are also very attractive but are very far from Bangkok. Bangkok has much to offer which is not available in other cities. But Bangkok is very congested and lacks the natural beauty for which Thailand is so famous. Therefore, Pattaya offers an excellent package of being able to live in a smaller city which on the beautiful Gulf of Thailand and at the same is close enough to Bangkok for a day or weekend trip.

Pattaya is an ideal place for a second home for couples wanting somewhere warm and sunny to spend their post retirement years. The cost of living in Thailand is substantially lower compared to Australia or Europe. Also the currency exchange is very favourable with 1 US dollar being equal to approximately 30 Thai baht. Pattaya is also very popular with upper-middle classes families who want to spend several weeks or months a year in Thailand. So whether you are looking to live in Thailand long-term or only for a few weeks a year in both cases Pattaya is one of the best places for you. Condos in Pattaya are available in many different sizes and the cost will vary a lot depending on the location. Naturally the condos which offer views of the ocean area more expensive. Buying a condo in Pattaya is an excellent investment as property prices have slowly been increasing. Anybody who has visited Pattaya and seen the powdery white sand beaches will quickly understand why so many people are deciding to buy property in Pattaya. There are many property dealers in Pattaya who specialise in helping foreigners buy property in Thailand.

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