Description of Pattaya
Pattaya is fast becoming a focal point for international investors looking to buy into Thailand, so much so that the overwhelming majority of new properties and refurb re-sales are scooped up by foreign investors. As prices accelerate and rent yields deflate in Bangkok and across many of the Thai islands, investors are flocking to the comparatively low property prices and generous yields of Pattaya. In certain areas of Pattaya, it's not uncommon to take home gross rent yields in the region of 8 per cent, though less affluent areas can make it tricky to breach beyond the 4 per cent mark. Still, the opportunities are there and with tourist interests in the area growing by the year, the future for Pattaya looks interesting to say the least.