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Pattaya property in the global spotlight
January 10, 2018Article by Charlotte Ashton
Pattaya property is back on the radar of property investors with news that an award-winning, UK-based buy-to-let investment firm has identified the Gulf of Thailand city as one that can offer low prices and stable rental yields.
Property Frontiers is touting Pattaya property The Peak Towers in the Cosy Beach area as one that typifies the kind of investment opportunity that international buyers are seeking.
The completed 30-storey apartment building has top end amenities, three swimming pools. a rooftop infinity pool, a Zen relaxation/fitness zone and other on-site benefits.
Individual apartments are both spacious and stylish, with quality finished and good-sized balconies.
Studio apartments at The Peak Towers through Property Frontiers are available from £60,617 (THB 2.64 million), with up to 6 percent yields expected.
According to the firm, 2018 is set to be an interesting year for investment, with Asian markets – and in particular Thailand – coming to the fore once more.
Ray Withers, the Chief Executive Officer of Property Frontiers, said: “Thailand is expected to continue its resilient growth over the course of 2018.”
“The country is blessed with an outstanding natural environment, which combines with its fascinating culture to drive a thriving tourism sector.”
“At the same time, property prices are some of the most stable and reliable in the region.”
“The steady rise has been seemingly immune from economic and political fluctuations, which makes for a promising environment for property investor from around the world.”
He added that as global interest hones in on Thailand and its stable, consistent property market growth, rental income in regional cities looms large on the agenda.
Governmental intervention has created a mature rental market that is increasingly friendly to international buyers, and locations like Pattaya are reaping the rewards, he said.
“Lower investment prices than Bangkok, buy equally attractive returns, are the cornerstone of such regional market.”
>> Full article at Thailand Property News
>> Click here for more information on our Pattaya investment opportunity – The Peak Towers