Apartments for sale in Pattaya
Pattaya, one of Thailand's most developed cities, is often compared to Bangkok in terms of amenities and lifestyle. However, owing to its coastal location, it boasts a more tranquil atmosphere. In 2023, the city welcomed 23 million visitors, nearly half of whom were foreigners. With its well-developed infrastructure, Pattaya offers a plethora of amenities for living and leisure, ranging from beach resorts to stylish shopping centres and exclusive hotels. Situated within a 40-minute drive from U-Tapao International Airport, the city is easily accessible for both tourists and expatriates.
Here, you’ll discover a diverse array of property options, ranging from high-rise apartments to secluded villas in Thailand, suitable for both family living and investment. When considering where to buy a flat in Pattaya, it's worth exploring the following locations:
- Floating Market: This unique market in the Nong Prue area is divided into sections representing the four main regions of the country. Visitors can buy souvenirs, decorations, clothes and even sample exotic foods like scorpions, crickets and crocodile meat. One way to explore the market is to hire a boat. There is an entrance fee to the area;
- Walking Street: Renowned as the nightlife centre of Southeast Asia, this street attracts tourists with its diverse entertainment venues, including go-go bars and nightclubs. Most establishments remain open all night. During the day, the street is open to traffic, transitioning into a pedestrian zone after 6 pm;
- Pattaya Beach Road: This central beachfront road boasts an array of hotels, restaurants, souvenir shops and massage parlours. Nearby is the largest shopping centre in the area, complete with a cinema;
- Naklua and Wongamat: Positioned in the northern part of the city, this area boasts pristine beaches and prestigious condominiums. Properties here are regarded as some of the most expensive in Pattaya;
- Jomtien: Known for its beach of the same name, this area offers a variety of properties situated both on the beachfront and further inland.
Reasons for investing in an apartment in Pattaya
Investing in an apartment for sale in Pattaya is potentially profitable for several reasons:
- Affordability: When compared to similar properties in Bangkok or Phuket, the cost of flats in Pattaya is notably more favourable;
- Stable rental income: There are no seasonal restrictions on rental income in Pattaya, ensuring a steady flow of income throughout the year. On average, yields reach 5% per annum but can soar even higher in modern complexes with amenities;
- Favourable tax system: Only registration fees are charged on the purchase of property, typically ranging from 1% to 2% contingent upon the type of property;
- Developing economy: Pattaya’s burgeoning economy ensures a stable exchange rate for the local currency;
- Wide property selection: The city boasts a diverse range of properties, including new projects, as high-rise construction is permitted in the city.
Buying apartments in Pattaya
Foreigners can purchase real estate in Thailand outright, but by law, they are restricted from owning more than 49% of the units in a complex, with at least 51% required to be registered to local citizens. This regulation underscores the advantage of early-stage property investment, allowing buyers to select properties with the best prices and layouts. Our platform provides up-to-date listings of properties for sale. The website features a convenient cost calculator, offering the option to convert prices into Euros or Dollars, thereby streamlining the buying process and aiding in budget planning.