As one of the most popular investment destinations in Thailand, Pattaya's real estate market is dominated by foreigners. 365 days a year, countless people of different races and languages come to Pattaya from all over the world to spend their holidays, live, do business, invest and start businesses. With the construction of Thailand's high-speed rail (Bangkok-Pattaya-Luo Yong) and Udabao Airport, the city's real estate market will be one of the best channels for high-net-worth customers to seek asset appreciation. So, what is the investment advantage of Pattaya real estate? Where is Pattaya's investment in real estate more conducive to asset preservation?
1, with pleasant climate and rich tourism resources.
Thailand has a tropical monsoon climate with little temperature difference throughout the year. The temperature is the highest in April and May, with an average annual temperature of about 20 degrees Celsius. You can wear shorts and T-shirts for one year. Pattaya's beaches are 40 kilometers long, with blue sky and clear water, white sand as silver and rich seascape resources. Developers even build sea-view apartments on the beach, which are really comfortable and have the most famous nightlife culture. All these attract tourists from all over the world. The number of people who come to Pattaya every year is nearly120,000, ranking among the best in the world.
2. Convenient transportation and healthy economic development.
Pattaya is located in the Luo Yong Economic Corridor in Bangkok, the most developed economy in Thailand, with healthy economic growth, developed tourism and fierce real estate industry. The transportation is also very convenient. The planned high-speed rail line from Bangkok Airport to Pattaya is expected to be completed in 20 18, when the journey between the two places will be shortened to 20 minutes.
Bangkok or Pattaya Airport is about 2 hours away from the southern city of China and 4-5 hours away from the northern city. There are as many as two or three hundred international conferences held in Pattaya every year. The tourism economy is very international. Tourists come from all over the world and are not easily affected by the recession of an economy.
3. Enjoy the leisurely life of first-class medical education.
Thailand's medical facilities are in the world-class level, and the cost is only 1/4 of that in Europe. Families with children can also choose some high-quality international schools to study. Thailand's international education is very developed, among which regent (the alma mater of Princess Diana), the top three private school in Britain, has branches in Bangkok and Pattaya. The Thai government has also given strong policy support and issued special retirement visas to people over 50. More and more people choose to move to Pattaya.
4. Low house price and high return on investment.
The price of a one-bedroom apartment in Pattaya is around 600,000. Only the usable area is calculated, excluding the swimming pool, fully renovated, free parking space and swimming pool gym. The rental income is about 8%- 10%, and the property with good offshore location can be as high as 15%. Pattaya can rent 300 yuan a day in the peak season, especially in Europe and America. Pattaya www.contactmalaysia.com.cn/thailand invested heavily in urban infrastructure and built a high-speed railway to Bangkok Airport in 20 18. The city real estate market along the high-speed rail has a good prospect, and it is predicted that it will grow by more than 30% in the next few years.
5, looser than domestic real estate policy.
Real estate in Thailand is a permanent property right. There is no property holding tax and no purchase restriction policy. You can get the real estate license when you hand over the house.