Living that special tropical lifestyle has become not only very appealing to people from the Western world over the past 10-years, but is more accessible than ever before. Many people look at the Pattaya condo for sale market and see great investment potential, while others see it as the perfect place to buy property and to retire. Whichever way you look at the property scene in the city, one thing is for sure, now is the perfect time to invest while property prices are so affordable.
Investing in the Pattaya Property market
Many experts believe that not only real estate, but also most industries across the planet have been struggling since the stock market collapse in 2008, and they would be correct. Although this is seen as a negative by many, those in the know understand that when a market price is low, that this is the perfect time to invest, and the Pattaya condo for sale market is no different.
Now is definitely a ‘buyer’s market’, especially for those looking to invest. Before the worldwide recession and since, there have been more condo developments constructed in the city, especially on Pratumnak Hill and Downtown Pattaya, than we have ever seen. This has culminated in a vast choice of Pattaya condos with varying locations and standards and the most competitive prices on the Thailand real estate market.
Now is the time to find the perfect bargain for the right price, and when the worldwide economy makes a full recovery, you can cash in for a profit. This is a tactic older than the stock markets themselves. In the meantime, you can find the best condo development that offers the most lucrative rental return programs such as New Nordic and other similar developers that will not only manage your condo and find you short-term holiday renters, but also offer guaranteed returns over a certain amount of years. Now is the time to shop around to find a bargain.
Retiring or living in Pattaya
As we are currently amidst a ‘buyer’s market’, those wishing to sell their properties in their home countries and move to or retire in Pattaya find themselves in the perfect position. Never has the Pattaya property market been so affordable. The choice is simply phenomenal. If you are wanting to live that exciting Pattaya city lifestyle, there are numerous choices with some of the most stunning sea-view condos available for excellent value for money prices.
Pratumnak Hill is the perfect place to live for those who want a laidback atmosphere directly between Pattaya and Jomtien, close to the beach and lots of international restaurants, but just far enough outside the city to enjoy a more peaceful living experience. Please click here to see a list of Pratumnak Hill condos for sale.
For those of you who want to live the peaceful and serene tropical lifestyle, up and coming areas such as Bangsaray offer the best of both worlds. Located next to one of the most stunning beaches in this part of the world, and just a 20-minute drive outside Pattaya, while still being home to some excellent international eateries and near to lots of golf courses, Bangsaray really is the future. The prices are relatively low at the moment, but as the area and local infrastructure grows, this will become one of the prime residential areas on the Eastern Seaboard. To see a choice selection of Bangsaray condos for sale, please click here.