Villas for sale in Pattaya, Thailand: buy house in Pattaya, investment options and prices

Buy house in Pattaya

Pattaya attracts tourists from all over the world with its splendid landscapes and seaside views. Foreign nationals believe that this resort is not only a popular destination for vacations but also a good place for buying villas in Pattaya for investment and permanent residence. Real estate in Thailand seems desirable thanks to its affordable prices for villas in Pattaya. While Bangkok property is a bit pricy, you can find a house in Pattaya for any budget. The construction in the province is actively developing and the number of offers for foreigners is really diverse. The most attractive are villas in Pattaya that face the sea; the lifestyle is more comfortable compared to overcrowded condominiums.

House prices in Pattaya

The varying prices are an advantage of the local market. The average prices for houses for sale in Pattaya, Thailand is as follows:

Starting at €120,000 for 2 bedrooms;
Starting at €200,000 for a cottage with 3 bedrooms;
Starting at €300,000 for spacious apartments.

Elite villas with a swimming pool overlooking the coast can go for millions of euros. It is important to emphasize that prices in euros and dollars need to be verified before you buy villa in Pattaya, Thailand. Current currency exchange rates may affect the final cost of villas in Pattaya. Thai real estate agencies state that a rise in prices is foreseeable each year. As expected, after pandemic restrictions are eased and the flow of tourists recovers, the stable tendency of a rise in prices for apartments in Thailand will resume.

Investment villa in Pattaya

For foreign owners and owners of other nationalities, house investment in Pattaya, Thailand is one of the simplest ways to get a return on investments. You must also keep in mind that expats cannot own plots of land. This difficulty can be overcome if the owner decides to rent the plot in the long term. Most houses in Pattaya form communities managed by special service companies. These managing companies have licenses to run short-term rental operations. After signing the service contract, expats can buy Pattaya home and get a surplus of 7% annually. This is a good source of reliable passive income. Actual rates should be calculated in each case by taking into consideration the characteristics of the property and its managing company rules.