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Pattaya: Plenty of Investment Opportunities

星期二 , 15 五月 2018 ARTICLES

A City that Truly Never Sleeps

Once not much more than a fishing town, the island resort has begun to join the ranks of Bangkok, Phuket and Chiang Mai, making holidaymakers and investors pay attention to this increasingly vibrant city for all the right reasons. Rapid developments in the city over the last several years have contributed towards its ‘city that never sleeps’ status, providing for an ideal location to live and play.

Located on Thailand’s east coast, Pattaya is a 90-minute taxi or bus ride away from Bangkok, often part of tourists’ itinerary when visiting the country. Known for its vibrant nightlife, the city also offers such attractions as The Cartoon Network Amazone Waterpark as well as the Sriracha Tiger Zoo for families looking for a bit of rest and relaxation.

The destination also offers the right balance of activities and opportunities to soak up the sun and sea, adding to its appeal, bringing in volumes of both tourists as well as migrants who want to enjoy a slower pace of life compared to the busier cities in Thailand.

The Sky Gallery Pattaya

For those who want more of a scenic experience, there is always the renowned Jomtien Beach as well as Kor Phai for snorkelling.

It is undeniable that Pattaya has always been known to be a party town, with the city only building on its bar and F&B scene over the last several years. One can enjoy a classy and decadent experience at Horizon, a restaurant and bar offering some of the best views of the city. For those who want a more local experience, there is always Jasmine Cafe that offers locals and visitors with a menu that includes many Thai favourites.

Major Infrastructural developments

The city has also seen major infrastructural developments that have added to its recent rise in appeal. This includes the construction of three major hospitals, up to ten  international schools as well recreational facilities such as shopping malls and spas. Nestled within these world-class amenities lie residential developments such as Sansiri’s The EDGE Central Pattaya as well as The BASE Central Pattaya, catering to a steady flow of demand for migration and relocation.

The BASE Pattaya

With the construction of the nation’s fast-speed rail network on the way, accessibility to the city will only increase over the next several years.

Property prices have remained affordable in Pattaya over the last decade, with rent being commensurate with the lower price tag. Additionally, the general cost of living has also been low in comparison to the country’s other major cities.

Where to Live

The BASE Pattaya

It is of common consensus that Central Pattaya is one of the most popular destinations to purchase a condominium, chiefly due to its location. Those who live close to the city-centre can enjoy access to the outskirts using the efficient public transport system while still enjoying the comfort and convenience of being at the centre of all the action. Being the city’s entertainment, shopping, dining and nightlife hub, properties in the area also hold their value well. The country’s infrastructure plans that include the construction of the country’s fast speed rail network will also pay most of their dividends to those living in the more advantageous central location.

A Life Less Ordinary

The EDGE Central Pattaya is a great example of a property that potential buyers should look into, providing a mix of Sansiri’s signature quality finishings with a busy and vibrant surrounding. The 31-storey development is located a convenient three hundred metres away from Central Festival Pattaya Beach, and a hundred metres from Pattaya Avenue, the Bali Hai Pier as well as a host of other amenities. As if the bustling surroundings were not enough, within the compounds lie the convenience of a café, a Hot Plunge Pool, Lava Lounge and steam and sauna facilities - providing residents with a self-sufficient community that spells luxury. The development certainly stays true to its slogan, “Life is Less Ordinary at The EDGE”.

Now is a better time than ever to get into the property market and revel in the beauty of Pattaya, with more expatriates and locals making the move to a city gaining in popularity. The city is a great alternative for those looking for a less busy alternative to bangkok, still exuding Thailand’s eclectic and vibrant melting pot of cultural traditions through fine cuisine, festivities, night-markets, sandy beaches and so much more.

 

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