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Learn more about the Pattaya condo market through trends and average prices.
If you would like to reside in a place that is busy and bustling during the day and alive and vibrant during the night, then Pattaya is a place for you. There are many non-residents of Pattaya and foreigners who have invested here because there is a good Return on your investment if you decide to sell or rent. There are been an influx of Chinese investors that have added to the growth of the property market within Thailand. With the various types of properties in Pattaya, condos are deemed to be the most sought after by investors.
If you are looking for property investment in Pattaya, a condominium will be high on most peoples list. In the year 2017 there were only 2192 condos in this city and in 2018 a massive 10,239 condos were built, The vast majority of people whom invest in a condo, do not live him them and instead rents them out for an income. Once upon a time, this city was merely a lonely beach and today it is one of the must go to travel destinations with travelers visiting from all over the world. There is the Thailand Condominium Act of 1979 that makes it possible for foreigners to own condos easily anywhere in the country. So if you have made up your mind to buy a condo, Pattaya is the destination to choose for your investment.
Condos are a popular choice as they are considered easy to maintain than a House or Villa. Whether you buy it for personal use or rental purposes, you would be spending less time and money on maintenance of the Condo. From rummaging through the listings to viewing the images with a magnifying glass and visiting the condos to closing the deal, everything can be done very quickly. There is a vast variety of condos available for sale in Pattaya. For singles looking for a private compact condo to those who are looking for affordable shared spaces to families looking for large Condo’s, the options are fantastic.
From diving to cruise holidays to golf to busy nightlife, you can find the most extraordinary means of entertainment when you reside in this bustling city. Did you know that this city has thousands of beer bars? Perfect location for the young and hip to party the night away. With a brilliant selection of restaurants to choose from you are able to get the best selection of seafood cuisines in the country.