Tuesday 20 May 2008

Buy Property in Thailand - What About Pattaya?

If you're looking to buy property in Thailand, you are bound to come
across lots of invitations to consider Pattaya. This is a very popular holiday destination about 100 miles south of Bangkok, on the east coast of the Gulf of Siam.


So is Pattaya for YOU? Well, it depends on your reasons for wanting to buy property in Thailand.


If you're interested in the property as an investment, it looks as though Pattaya would be an excellent choice. The Pattaya property market is booming and is increasingly recognized as one of the hottest property markets in south-east Asia. The tourist industry is growing exponentially - it's highly popular with Thai as well as non-Thai tourists. So international property investors are finding great success in buying up property to let out to tourists and vacationers. The recent opening of the Suvannabhumi (or Suvarnabhumi) airport has caused an even greater boom in tourist numbers - and fueled the demand for quality tourist accommodation.


However, if I were looking for a peaceful retirement home, or a holiday home where I could relax and enjoy the local culture and the beauty of the country, I have to say honestly that Pattaya wouldn't be my first choice. Despite the fact that it's called "Asia's premier beach resort", the beaches are not great and not a patch on those in Phuket and other places. The beaches are mostly attractive to people who like watersports and water activities. Pattaya is known as "Funtown" and is famous primarily for its bars, casinos, nightclubs and adult entertainment, and has a very lively nightlife! If this is the kind of holiday that appeals to you, then you would enjoy a holiday home in Pattaya. If you like something quieter, you should probably avoid it.


That's my opinion anyway - if you think differently, do share your views! And you can find properties in Pattaya and other places in Thailand at http://www.bizwrite.co.uk/realestate/overseasproperty.html



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