Sansiri is confident of continued strong demand from Thais and foreigners for holiday homes in Pattaya as the resort city remains one of the country’s preferred tourist destinations. Strong demand for property in Pattaya
This strong demand for property in Pattaya has resulted in increased interest among investors in the city.
In 2016, overall sales growth in the condominium and single-house markets rose as much as 80 per cent from the previous year, with transactions particularly strong for condominiums.
Uthai Uthaisangsuk, senior executive vice president – business development and project development division (high rise), said that the overall market for 2017 should be promising for real estate developers, as the growth trend in Pattaya from 2016 is still gaining momentum.
“The demand for beach side developments has grown substantially among Thais and foreigners, especially the Chinese whose presence in Pattaya has grown by 31 per cent,” Uthai said.
Many have noticed that there really is no low or high season anymore and sales have been continuing to increase from the Thais and Foreigners alike. Projects are selling out quickly due to all of the investors who are watching Pattaya and Jomtien family attractions grow, with new hotels, restaurants, shopping centers you can definitely feel the buzz in the air.
With this Strong demand for property in Pattaya it is a great opportunity for those investors looking to capitalize on rental returns or buying under construction projects for and increased return upon completion. With an average return of 7% on rental properties it is now a great time to buy in Pattaya. With projects in Pattaya City, Pratumnak Hill and Jomtien beach, Matrix is definitely a strong Developer with ready to move in project starting from just 1.69 Million baht. Contact them now for more details on there special promotions and offers on completed projects or on their Newest resort Condo in Jomtien The Orient Resort & Spa now under construction.
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