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Reasons to buy in Pattaya

Known among beach lovers and those familiar with its vibrant nightlife, Pattaya is a good place to live and invest. It's a popular weekend escape from Bangkok and is just over an hour from Suvarnabhumi Airport. In addition to being a popular tourist resort town, it is also attracting more and more permanent expat residents and families, many of whom are employed along Thailand's eastern seaboard. This all helps keep demand for apartments in Pattaya robust.

As Thai law restricts foreign ownership of land; condos and apartments are the prime option for foreigners willing to invest in Thai property, since up to 49 per cent of the total units in a single building can be owned by non-Thais. This means that Pattaya condos are the primary property sector in this city, with a mature industry and some very nice developments. For a time, values increased by as much as 15-20 per cent per year, yet after the 2008 Global Financial Crisis, the market slowed down somewhat. The end of 2010 and beginning of 2011 has now shown us that the demand has risen again to normal levels.  Now we have great opportunities and prices. Pattaya is still considered one of the best condos investment opportunities in Thailand and leasing prospects are considered strong.

As with looking for any country abroad it is important to get all of the information about the developers and their history. We have many property agents as well as developers in Thailand.  You should always make sure that you use one that you can trust.  As they have said for years “if it is too good to be true, it is.” In Pattaya we have condos priced from 1 million baht upwards with styles from contemporary to modern.  The market has done its research and is definitely designing the condos for the western consumers.

Pattaya is very attractive to both westerners and Thai's because it is very active and much cheaper than other places in Thailand.  Pattaya is now only an hour's drive from the new airport and about 1 ½ hours to Bangkok.  This has been a great improvement for westerners, as well as, the  Bangkok population who would like to just get away for the weekend and relax on the beach.

The most popular places in Pattaya are Jomtien Beach, Cosy Beach and Pratumnak Hill.

2010-2012 © Copyright Matrix MR Company & Iguana Company Limited. All Rights Reserved. - We have taken reasonable care in preparing this website, the model(s), and the showroom. Please note, however, that neither the developer, nor its agent will be held responsible for any inaccuracies in the content of this publication/website. Whilst we believe the contents of this publication/website to be correct and accurate at the time of going to print, they are not to be regarded as statements or representations of fact. All information, specifications, and plans contained herein, may be subject to change from time to time by us and/or the competent authorities (as may be required) and do not form part of any offer or contract. Rendering, depictions and illustrations are artistic impressions only. Photographs do not necessarily represent as-built standard specifications. Floor areas are approximate and are subject to final survey. Likewise the model(s) and showrooms are artistic impressions only and should not be considered as representations of fact.