Mar 01, 2016

Pattaya Market on the Rebound?

Pattaya Market on the Rebound?

 

Is the Pattaya property market set to rebound this year? According to a recent report by Pattaya One there are as many as 20 new condominium developments schedule to be completed in Pattaya and Jomtien by the end of the year.

While this may not be a clear indication that the market is rebounding it is a good sign. Especially since a few condominium projects were delayed or put on hold last year.

During the property downturn in Pattaya, many real estate companies decided to focus on other buyers with Thai, Chinese and Indian investors being targeted.

 

Pattaya One also noted that several developers believe these efforts are starting to pay dividends and have begun launching and building new projects in anticipation of greater demand.

In addition to the projects expected to come on to the market in 2016, a number of other projects will be completed in both 2017 and 2018.

According to the story, developers are embracing more ambitious design concepts that are equipped with innovative features to entice buyers to purchase properties in the still recovering market. Several of the new projects that are planned include resort-style hotels, family entertainment venues and retail shops in addition to the residences.

Experts have predicted that Thailand will become a regional transport hub and this could boost the demand for houses, condominiums and commercial real estate throughout Thailand including in Pattaya and nearby Rayong where several international companies are based.

Three new construction projects planned by the Thai government could also help lift the residential and commercial property sectors in Pattaya, Jomtien and Chonburi.

The new infrastructure projects include a new ferry pier to be built for a Pattaya to Pranburi route, a motorway connecting Pattaya to Rayong and a high-speed train line between Bangkok and Rayong.

If you are thinking of buying a property in the near future or just have some questions about the market in Pattaya please stop by one of our offices and talk to one of our sales staff.

 

216/62 Moo 10 (Soi 13) Soi Diana
Nongprue Banglamung Chonburi
Pattaya City, 20150
Tel./Fax.+66/(0)38 421 580

     

     

519/163-164 Moo 6 Soi Siam Country Club
Nongprue Banglamung Chonburi
Pattaya City, 20150
Tel./Fax.+66/(0)38 190 925-6

 

 

 

 

+66 (0) 38-421-580 Office
+66 081-269-0742 Mobile
Kevin Mattson (Managing Director)-English

 

 

+66 086-571-4737 Mobile
Rujira Emkhla (Tarm)-Thai

 

You can also email us at info@coastalrealestatepattaya.com

You may also like

View details

Why Pratumnak Hill Remains a Top Choice for Luxury Buyers

Aug 14, 2025

When it comes to luxury living in Pattaya, few neighborhoods match the prestige, beauty, and exclusivity of Pratumnak Hill. This elevated enclave offers the perfect balance between city convenience and tranquil coastal living — a combination that continues to attract high-end buyers from around the world. Prime Location with Breathtaking ViewsPerched between Pattaya and Jomtien, Pratumnak Hill enjoys one of the most enviable positions on the Eastern Seaboard. Many condos in Pratumnak boast panoramic views of the Gulf of Thailand, stunning sunsets, and the sparkling city skyline. The hill’s elevation not only provides a cooler breeze but also creates a sense of privacy and separation from the busier districts below.Exclusive Property OptionsPratumnak is home to some of the city’s most sought-after residences — from ultra-modern villas with infinity pools to high-rise condominiums with 5-star facilities. Land plots are rare and highly valued, making existing luxury homes especially desirable. Whether buyers are looking for a lavish holiday retreat or a permanent residence, Pratumnak offers properties that meet the highest standards of design and comfort.A Peaceful Yet Connected LifestyleOne of Pratumnak Hill’s greatest strengths is its balance of tranquility and accessibility. Residents can enjoy peaceful, low-traffic streets and lush greenery, yet still be just minutes away from Pattaya’s vibrant dining, shopping, and entertainment options. The beaches here are quieter than those in central Pattaya, offering a more relaxed seaside experience.Proximity to Top AmenitiesLuxury buyers appreciate convenience, and Pratumnak delivers. The area is close to international restaurants, boutique cafes, golf courses, marinas, and high-end shopping malls. Quality healthcare is also nearby, with leading hospitals just a short drive away. For families, international schools in Pattaya and surrounding areas are within easy reach.Strong Investment PotentialWhile lifestyle is a major draw, Pratumnak Hill also offers compelling investment opportunities. Limited land availability and high demand from both Thai and foreign buyers help support long-term value appreciation. Rental demand, particularly for short-term stays in high-end villas and condos, remains strong due to the area’s reputation and prime location.The Allure ContinuesIn a market that is always evolving, Pratumnak Hill continues to hold its place as Pattaya’s most prestigious address. Its combination of scenic beauty, exclusive properties, convenient location, and investment stability ensures it remains a top choice for discerning buyers who want the very best the city has to offer.

View details

Sedona Creek: Exclusive New Luxury Development Launches in Mabprachan/Pong

Jun 19, 2025

A new chapter in luxury living has arrived in East Pattaya with the launch of Sedona Creek, an exclusive boutique housing development from the trusted team behind Sedona Villas. Located in the peaceful and sought-after Mabprachan/Pong area, Sedona Creek promises to deliver the same high standards of design, construction, and finishing that have made its predecessor a benchmark for luxury homes in Pattaya.Limited Collection of High-End ResidencesComprising just eight individually designed residences, this limited collection offers a rare opportunity for discerning buyers to secure a new home in a private, secure, and stylish community. Each home will be situated on a minimum 1 rai plot, ensuring space, privacy, and a sense of tranquility.Elegant Design with Natural AccentsDesigned with natural elegance in mind, the homes at Sedona Creek will feature carefully curated stone and wood accents, with warm, earthy tones that reflect and complement the surrounding landscape. Inside, buyers can expect spacious open-plan living areas, high-quality European kitchens, and large ensuite bedrooms, all crafted with an eye for detail and comfort.Modern Comfort and Complete SecurityEvery residence will come complete with a private swimming pool, secure garage, and a comprehensive security system that includes CCTV throughout the property. The development also features communal surveillance, adding another layer of safety and peace of mind for homeowners.Ideal Location for a Connected LifestyleSedona Creek is ideally located just minutes from Lake Mabprachan, offering easy access to popular cafes, international restaurants, and local markets. Families will appreciate the close proximity to reputable international schools, while golf enthusiasts and commuters will benefit from nearby golf courses and quick access to the motorway network.Premium Homes Starting at 52 Million BahtHomes at Sedona Creek are priced from 52 million baht, reflecting the project’s commitment to premium quality and luxury living. With construction now underway and interest already building, Sedona Creek is set to become one of the most desirable new addresses in the Mabprachan/Pong area.

View details

Why You Should Consider Renting Vs Buying In Pattaya

Apr 08, 2025

Are you torn between buying or renting property in Pattaya? It is a decision that depends on your lifestyle, financial goals, and long-term plans and requires exploring costs, lifestyle perks, and market trends. Contact Coastal Real Estate, your trusted and reputable real estate agents in Pattaya, to find your perfect property today.Advantages of RentingFlexibility: When you rent property in Pattaya, you have complete flexibility and can move around easily without being tied down to a specific location or property.Lower upfront costs: A security deposit and the first month's rent are typically sufficient, making it more affordable in the short term.Zero responsibility for maintenance: Landlords will handle property maintenance, taking the burden of time and money off your shoulders.ChallengesThe cost to rent property in Pattaya has been risingYou will be limited in your scope to personalize your living spaceAdvantages of BuyingInvestment opportunities: Buying property in Pattaya is a safe bet, as the real estate market shows consistent growth and provides excellent potential returnsCustomization: When you buy a property in Pattaya, it’s yours to renovate and personalize as you see fitLong-term stability: Buying property in Pattaya can be more economical if you plan to stay for an extended period and provides a sense of permanenceChallengesThe cost of buying property in Pattaya: It requires a significant upfront investment for foreigners to buy property in PattayaForeigners face property ownership restrictions in ThailandUltimately, renting property in Pattaya is ideal for those who prefer flexibility or only have short-term stays planned, whereas buying suits individuals who desire long-term stability or lucrative investment opportunities.Understanding the Costs: Renting vs. Buying Property in PattayaThe cost of buying property in Pattaya vs renting is a vital consideration. Each option has distinct benefits and financial implications, as follows:Renting costsMinimal: A security deposit of 2 months' rent and the first month's rent upfrontOngoing rent: MonthlyNo maintenance costsBuying costsPurchase price of the propertyClosing costsLegal feesProperty taxesFluctuating property prices that seem set to continue rising in a thriving real estate marketMaintenance: Owners are responsible for upkeepLifestyle Flexibility: Which Option Suits Your Stay in PattayaFor those intending to make Pattaya their permanent home or those planning an investment, it may make sense to buy rather than rent. However, with competitive rental prices, many choose to rent. The lifestyle flexibility of renting property in Pattaya is a major advantage for some, because they can move to another property easily and simply at the end of their lease. People with families and other long-term commitments often like to make the property their forever home, with various upgrades and renovations that fulfil their vision of the perfect place to live, which is not generally possible to do in a rental property. Ultimately, it’s all about the desired lifestyle, long-term goals, and their current situation as to whether renting or buying is the best option.The Bottom LineRenting property in Pattaya offers ultimate flexibility and lower upfront costs. It is ideal for those who prefer short-term stays or have uncertain plans.Buying property in Pattaya offers long-term stability and high-yield investment potential, but it requires a substantial financial commitment, careful planning, and professional assistance.Market Trends and Legal Considerations for Foreign Buyers in PattayaMarket TrendsPattaya remains a desirable hot spot for property investment in Thailand. Foreign investors are particularly drawn to buying property in Pattaya due to its consistent growth, vibrant social scene, stable rental market, and dependable profitability. Navigating these trends and legalities requires careful planning and professional advice from experts like those at Coastal Real Estate. Some key trends in the property market for expats when considering property for sale in Pattaya include:Rising property pricesAs the demand for quality Pattaya real estate for sale continues to grow, the price per square meter for condos is keeping pace.High potential rental yieldsMany areas already offer impressive returns for rental properties, and more are being developed and improved constantly.Government regulations and policiesTaxes and local regulations shape the market to incentivize foreign investment.Legal ConsiderationsSpecific restrictions and opportunities apply to foreign investors when buying property in Pattaya, as follows:Condominium ownershipForeigners are restricted to owning a maximum of 49% of the total area in any condominium building, ensuring that the majority of ownership remains with Thai nationals. This creates a highly competitive foreigner quota market, often driving up unit prices. Individuals unable to secure a condo within the quota can negotiate leasehold agreements or form a majority Thai ownership company.Contact Coastal Real Estate TodayIf you’re ready to learn more about Pattaya real estate rental or purchases and find exclusive luxury property for sale in Pattaya, look no further than Coastal Real Estate.We offer an exceptional collection of properties for sale in Pattaya, along with the knowledge, expertise, and experience you need. Our former clients highly value our client-first approach. Once you experience our professionalism, integrity, and dedication firsthand, we are confident that you’ll be impressed.  Please don’t hesitate to contact us today to learn more. We look forward to hearing from you and helping you find property for sale in Pattaya.