• MyBaan
  • Blog
  • Investment Profitable Locations in North Pattaya: Top Destinations with High ROIs

Investment Profitable Locations in North Pattaya: Top Destinations with High ROIs

10/10/2024

Investment Profitable Locations in North Pattaya: Top Destinations with High ROIs

Situated on the bay in Chonburi province, just north of the city center, North Pattaya is a popular resort area in Thailand. It is renowned for its pristine beaches, lively nightlife, luxurious hotels and resorts, and a wide range of restaurants and entertainment venues. Alongside the central part of the city, North Pattaya is an excellent location for real estate investment in Thailand. In this post, we’ll highlight the most attractive investment locations.

CONTENTS:

  1. Benefits of North Pattaya
  2. The Most Promising Investment Locations
  3. Property Prices in North Pattaya
  4. North Pattaya as an Investment-Friendly Location
  5. We Will Help You Buy Property in Thailand

BENEFITS OF NORTH PATTAYA

North Pattaya boasts several well-known beaches, including Palm Beach, Wong Amat, and Phra Tamnak, where visitors can enjoy pristine sand, clear waters, and captivating sea views.

This area offers a variety of entertainment options—water parks, nightclubs, bars and restaurants with live music, and massage parlors. Golf lovers also flock to North Pattaya for its luxurious golf courses with views of the sea and mountains. Among the most famous golf clubs are Siam Country Club Old Course, Pattaya Hillton, and Bangpu.

The advantages of North Pattaya include:

  • Tranquil Atmosphere: North Pattaya offers a more peaceful and relaxed lifestyle compared to the bustling city center, allowing you to enjoy the beaches and breathtaking views while still being close to the heart of the city.
  • High Service Standards: Resorts and hotels in North Pattaya are known for their top-notch service.
  • Strong Investment Opportunities: With growing tourist traffic and high-quality real estate developments, North Pattaya is a hotspot for investors. The area has numerous new projects under development, offering great potential for rental income and property value appreciation.
  • Well-Developed Infrastructure: North Pattaya has everything from shops, supermarkets, and pharmacies to hospitals and schools, making it a convenient area for both relocation and vacation.

THE MOST PROMISING INVESTMENT LOCATIONS

North Pattaya has several attractive locations for investors. Here are some of the top spots:

  • Naklua: This is one of the most sought-after areas for investment. It features luxury hotels, sea-view residential projects, and a wide variety of restaurants and entertainment options. Real estate here promises high rental yields and potential for value growth.
  • Wongamat: Located just north of Naklua, this area is rapidly developing. New high-rise buildings, luxury condominiums, and resort complexes are being built, making Wongamat a prime spot for property investment, with steady demand from tourists.
  • Pattaya Nua (North Street): This area is perfect for those seeking an upscale, relaxing vacation spot. It offers stunning natural beauty and numerous entertainment options. Known for its vibrant nightlife, it’s home to nightclubs, bars, and concert venues, as well as numerous restaurants and street food vendors offering both Thai and international cuisines. With more tourists opting for rental apartments over hotels, buying property here to rent out is a sound investment choice.
  • Cultural Attractions: North Pattaya is also an excellent location for culture and history enthusiasts. It’s close to landmarks such as the Temple of Truth, an awe-inspiring wooden structure showcasing traditional Thai craftsmanship, and the Pattaya Floating Market, where goods are sold directly from boats.

PROPERTY PRICES IN NORTH PATTAYA

Property prices in North Pattaya vary widely based on the type of property, its location, available amenities, sea views, and other factors. Below are some approximate prices for different property types in North Pattaya:

  • Condominiums: Prices begin at 1.5–2 million baht (around $45,000–$60,000) for a one-bedroom unit in a new project without a sea view. A two-bedroom unit with a sea view starts at 3 million baht (about $90,000), while luxury condominiums come at much higher prices.
  • Villas: Villa prices in North Pattaya vary depending on size, location, and amenities. Prices generally start at 5 million baht (about $150,000) but can reach several million dollars for luxury villas with private pools, landscaped gardens, and premium amenities.
  • Apartments: The average price for a small studio or one-bedroom apartment without a sea view is 2–3 million baht (about $60,000–$90,000). Larger apartments with sea views typically start at 4 million baht (about $120,000).

North Pattaya offers a diverse range of property options, from condominiums and apartments to high-end villas, allowing investors to choose properties that suit their budget and investment goals.

NORTH PATTAYA AS AN INVESTMENT-FRIENDLY LOCATION

North Pattaya is quieter than other parts of the city, making it a favorite destination for families, retirees, and young couples who prefer a more relaxed lifestyle. Despite its calm environment, North Pattaya has a well-developed infrastructure with various attractions within walking distance.

Travel from North Pattaya to the city center usually takes 10–15 minutes by car or motorcycle, depending on traffic. If you opt for public transportation, you can use a taxi or local songthaews, which run along specific routes and stop at passengers’ requests. The journey takes around 20–30 minutes.

Today, North Pattaya is one of the most popular tourist destinations in Thailand, offering plenty of activities. Visitors can tour the renowned Lotus Crystal factory to observe glassware production or enjoy a fun day at Ramayana Water Park, the largest in Asia and ranked 10th globally by TripAdvisor.

The steady stream of tourists drives demand for rental properties and boosts property prices. The annual increase in housing prices in Thailand reaches 3-5%.

WE WILL HELP YOU BUY PROPERTY IN THAILAND

Our real estate platform brings together listings from various websites, offering access to a comprehensive property database in one place. Our user-friendly search filters and other features will help you find your ideal home or investment property that meets your needs quickly. Explore the latest buy-to-live and buy-to-let offers today.

Back to Top