Mr Christopher Middleton; real estate and tourism senior journalist of The Telegraph in UK ranked the 20 cities around the world which the foreigners deemed as suitable for their second home. Pattaya is one of twenty cities.
Many opinions were posted after Pattaya reached the list of world’s 20 cities for a second home.
Mr Surat Mekavarakul, the owner Mike’s Orchid Village project stated that Pattaya had the potential because it has not only world class beaches but also over ten shopping malls.
Most of houses in Pattaya cost 6-10 million THB. At the present, many foreigners selected Pattaya for their retirement especially Russians who like the beaches and the warm climate. Moreover, Bangkok lacks of someting that Pattaya has; the beaches and the sea. But Pattaya should improve the over all signage in English and other languages and improve the quality of the building materials and workmanship to an international standard.
Mr. Saksit Teerapornsathanon, the owner of SP Village said that Pattaya had potential thanks to the sea, the beaches, good tourist facilities, delicious sea food and proximity to Suwarnabhumi International Airport.
There are many groups of foreigners; retirees who use their pensions for travelling and also business excutives and Scandinians. At the present, foreigners purchase condominiums more than houses because the European currency is not strong at the moment.
Mr Parin Kitsupabsirikul, manager of Aekmongkol Village said that Pattaya has convenient facilities; ower living cost, a good location and good quality of houses, condominiums. Futhermore, foreigners who purchase houses in Pattaya are often pursuaded by their Thai wifes.
Mrs Jarin Changlek, the owner of Dusit Pattaya Project with many Russian customers, stated that foreigners might be impressed by Pattaya’s facilities and convenient location.
Mr Sinchai Wattanasartsathorn, the secretary of Pattaya’s Business & Tourism Society said Pattaya has about 6 million tourists per year who come because the lower living cost, the sea, the many fine golf courses and its tropical climate suitable for European vacationers. In addition, the cost of property is cheaper in Pattaya than overseas.