Pattaya, Thailand Attracts Foreign Investors in the First Quarter of 2024

In the first quarter of 2024, the city of Pattaya, located in Chonburi province, Thailand, became a popular destination for foreign investors, especially from China, Myanmar, and Russia. The largest number of condominium transactions was made by Chinese buyers, who purchased 594 units worth $45.64 million (4.29 billion rubles). Russian investors ranked second with 211 purchased units, totaling $15.68 million (1.47 billion rubles). Buyers from Myanmar acquired 12 units valued at $2.18 million (205.30 million rubles).

1. Pattaya: 211 units (74.56% of the total).

2. Phuket: 67 units (23.67% of the total).

3. Bangkok: 5 units (1.77% of the total).

Why it’s worth investing in Pattaya:

1. Attractive prices and wide selection: Pattaya offers a variety of condominiums at more affordable prices compared to other popular destinations such as Phuket and Bangkok. 2. Developed infrastructure: Pattaya has a well-developed infrastructure including shopping malls, restaurants, and entertainment venues, making it attractive for both living and tourism. 3. Growth potential: Investments in Pattaya real estate have strong potential for value appreciation due to rising demand from foreign investors.

Thus, Pattaya offers excellent opportunities for real estate investment, providing a great balance of price and quality and strong prospects for future growth.