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Pattaya property market improves

The investment potential for property in Pattaya, Thailand has picked up, according to Knight Knox International.

As Thailand continues to recover from the devastating floods last year, the tourist destination located has reportedly seen attention from foreign investors increase, despite the ongoing popularity of other Thai resorts like Phuket and the capital Bangkok.

Senior property consultant at Knight Knox International, Lee Chettoe, told local press: ‘The property market in Thailand has continued to strengthen. The floods last year merely shifted the focus of investors from Bangkok over to Pattaya, which is currently the fastest-growing city in Thailand.’

He added: ‘There has been a noticeable uplift in the amount of enquiries we have received for apartments in Pattaya, particularly from British investors.’

Prices start at around £18,000 for a new-build studio apartment in Pattaya.

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