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PATTAYA: REAL ESTATE ON DEMAND PAIRING TOURISM GROWTH

PATTAYA: REAL ESTATE ON DEMAND PAIRING TOURISM GROWTH

Summer has arrived to Thailand, and Pattaya is one of the most popular destinations for foreigners. According to Mastercard’s Global Destination Cities Index (GDCI), released late September, 2018, Pattaya is the 18th most visited city in the world – Bangkok is on top, and Phuket in 12th. The GDCI measures the rise and fall of travel to and within 162 cities around the world, and the cross-border spending by these same visitors in the destination cities.

Water sports, sunbathing, go-karting, bungee jumping, horse riding, golf playing, beautiful landscapes, good quality food, night entertainment, and more family oriented attractions, make Pattaya joyful to people from all ages. They can be easily spotted enjoying their vacations or spending longer quality time here.

In fact, there are many different options for anyone to stay in, such as hotels, resorts, guest houses, condominiums, and apartments. Most of them are not far from the beach. Moreover, it is with no surprise that a greater number of foreigners choose to live in this tourist city.

For those who consider having Pattaya in their wish list, there’s one option that relishes in anyone’s expectations. Whether having the city for holidays, for investment or as a plan for retirement. The trick is to pay close attention to what real estate has to offer.

With the tourist figures increasing year-on-year, and new real estate developments coming to light, new infrastructures and points of interest put Pattaya in the spotlight for the units purchasing by foreigners aiming a quick and steady capital gain.

D-ECO PHASE 2 & PHASE 3

One reason to be confident on your investment is D-ECO, an eco-friendly condominium – D-ECO 1, D-ECO 2 & D-ECO 3 – that uses green building materials and an imported large water purifier to provide clean and sanitary drinking water for residents. Also, this project includes a fine restaurant, eco-supermarket, gym, yoga room and instructor, health classes and fitness classes.

It is located at the heart of Pattaya, less than one kilometer from Naklua Beach, and adjacent to the newest shopping mall Terminal 21, which comprises of 43,000 sq. m. and hosts a five-star hotel, Grande Center Point. Altogether, these drive North Pattaya to be the new tourist and commercial center.

Overall, D-ECO offers full-range hotel hosting services, allowing freeholders to get a 6% fixed annual income for 5 years. They can renew the contract for up to 20 years, and the rate of return will adjust according to the market to ensure it’s a worry-free investment with a stable income.

D-ECO 2 & D-ECO 3 have eight floors each, the first with 79 units, the latter with 176 units in total. Angel Real Estate is the exclusive agent of the foreigner quota, with 37 units available in E-ECO 2, and 86 units in D-ECO 3. At the present time sales already kicked-off, and D-ECO 1 is sold out.

The Grand Jomtien Beach

Another reason to be confident is The Grand Jomtien Beach Pattaya – a premium condominium by A.D. House focused on the dimension of natural life. Located in Soi Jomtien 9, it consists of two high rise buildings with 1,450 units in total. It’s a sort of a greenhouse complex facing the most beautiful beach scenes in Jomtien. Room types vary from studio to two bedrooms, 26 sq.m. –  65.50 sq.m.

The swimming pool on the top of the car parking silo accessed by elevator has a fine design, adding to the necessary tranquility of one who enjoys the light blue sea on the horizon. Gym goers have their entertainment just a few steps away. The project is designed to prevent every disaster, such as earthquakes and flooding.

If you need any further help or want to have a chat with us, please feel free to write an email to daniel@angelrealestate.co.th. We will be more than happy to discuss and support your international real estate investment.

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Daniel Oliveira

With over 10 years experience of journalism between Macau, Special Administative Region of People's Republic of China, and Portugal, Europe, I developed a special interest in real estate by observing closely the changes and impacts the sector has in people's lives. It was then a natural choice of going in depth and be passionate about the industry.

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