The property industry in Pattaya is quite sophisticated and well developed. Property has been very buoyant since the middle 2000s and continues to have a robust outlook, it’s probably the safest property investment bet in Thailand. There are many new developments to support the increasing demand from Thais and foreigners, with a vast range of condominium units, apartments, single houses and villas, the choice is extensive.
Additionally, with a new international airport only 60 minutes away from the town centre, further expansion is imminent. Pattaya property is both a good investment and residential or second home purchase and has become a paradise for retired westerners with many taking advantage of Thailand’s "retirement visas", which are issued to foreigners aged 50 and older.
Property near or within the city centre will provide you with modern entertainment and commercial opportunities however property within the city limits can be quite expensive. If a city central location is not a prerequisite and you prefer somewhere peaceful and quiet, spots outside the city are perfect and cost far less.