Why is Pattaya an ideal choice for investing in resort real estate?

Thailand is returning to its leading position in terms of tourism, and Pattaya is one of the most popular destinations in the country. Every year, millions of tourists visit this resort to enjoy the beautiful beaches, exotic fruits, natural attractions, and various entertainment options.

Pattaya is also a great place to invest in real estate, as it offers a wide range of opportunities for investors. In this article, we will explore why Pattaya makes an ideal choice for those looking to invest in a resort property.

The advantages of investing in real estate in Pattaya:

1. The convenient location of the city on the coast and an hour and a half drive from Bangkok, makes Pattaya a popular tourist destination for both the local population and visitors to the country, which ensures stable demand for rental real estate. The income from renting real estate in Pattaya reaches 10% per annum
2. Affordable prices for under construction and secondary housing compared to other resorts in Thailand. A square meter in projects under construction starts at $1,600

3. A developing city and infrastructure:

   • in Pattaya, it is planned to expand Utapao airport to the level of an international air hub, with investments of $ 9 billion, which will allow to receive even more tourists<
   • The construction of a monorail that will connect Suvarnabhumi Airport in Bangkok and Utapao Airport and the construction of a high-speed highway connecting Bangkok and Rayong
   • A project has been launched to build a large Icon Siam shopping center in the Jomtien area. A similar shopping center was built on the banks of the Chao Phraya River in Bangkok three years ago
   • in the Wongamat area, it is planned to launch a beach complex and shopping malls from the Central Group, which includes such shopping centers as the Festival, Ocean Marina, Tops and Central World stores, Siam Paragon in Bangkok Pattaya, part of the Chonburi Province, through which the Eastern Economic Corridor (ACEAH) passes, which aims to develop the region’s industry, infrastructure and urban development
4. Due to the constant growth of tourism and economic development, real estate prices in Pattaya have the potential to grow in the future. Investors who purchase real estate in Pattaya today can expect a significant price increase in a few years.