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Investment

The key tourist areas of Phuket and Koh Samui have seen significant growth in so far as foreign buyers are concerned, as has Bangkok, albeit more typically with expatriates living and working in the Kingdom.  However, it is the Pattaya market that has really taken off, particularly over the last five or six years, with purchasers from overseas having accounted for the vast majority of units sold in numerous housing developments and large condominiums.

COST COMPARISON

Part of the attraction of Pattaya, over and above markets in places like Phuket and Samui, is the relative cost of properties.  Typically, similar units in Pattaya will be significantly cheaper.  Moreover, Pattaya is extremely convenient; being located only about an hourís drive from the new Suvarnabhumi Airport in Bangkok, along recently upgraded and widened highways. 


INFRASTRUCTURE

In addition, the infrastructure in Pattaya is not only good, but improving rapidly.  There are quality international hospitals, highly regarded international schools, excellent dining options from cheap and cheerful to haute cuisine and a vast number of wide ranging entertainment options.  On the shopping front, there are huge Western style hypermarkets in which foreign products are widely available.  A huge new Central Mall is close to completion and due to open in the near future, while MBK have announced plans for another big shopping mall, with construction due to begin in a couple of years time.


LIVING CONDITIONS

In simple terms, living in Pattaya for most foreigners is extremely straightforward, very pleasant and wonderfully affordable.  Even for the most parochial of foreign visitors, there are few challenges given the existence of well established expatriate communities from all over the World.  Therefore, friends, golf partners or drinking buddies who speak your own language are easy to come by.


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