In a statement issued this week, Thailand’s youngest mayor noted that the city of one million “happy inhabitants” had undergone a major revamp and was now more than ready to provide the best of recreational, healthcare and infrastructure facilities.
He called on them to visit the city and check out the wide offer of longer term residential opportunities.Ageing populations in the industrialised countries, poor economic conditions, and harsh winters are leading many of the senior citizens to explore new places of residence in the warm-weather countries of Asia.pattaya 2nd home2In recent years, Pattaya has witnessed extensive development in accommodation options for visitors considering a long stay, ranging from five-star international hotels and serviced apartments to guest houses, houseboats, family inns and hotels, beachside huts and bungalows.
Short- term and long-term service apartments are a popular option, especially with families who appreciate their affordability, quality of service, in-room dining, safety, and amenities.The following is the full text of Mr. Ithiphol’s statement:Pattaya is widely regarded as one of Asia’s favourite seaside resorts; with something for everyone; it is increasingly known as the “Thai Riviera”.
Pattaya caters to tourists from all cultures and walks of life, providing a safe, relaxing, fun–filled stay amongst the white sandy beaches, world-class hotels, wide variety of local and international restaurants, as well as shopping centres and markets, featuring local OTOP handicrafts to global luxury labels. In addition, with its 30+ international standard golf courses, there are challenges for golfers, no matter their handicap.
Global recognition of Pattaya’s superior quality of life, offering a wise and secure investment for a second home, has been confirmed by the UK’s highly reputable newspaper, ‘The Telegraph’ where real estate and tourism experts, including senior journalist Christopher Middleton, ranked Pattaya as one of the world’s best 20 cities for foreigners to establish their second home.
Pattaya is also home to some of the world’s finest JCI accredited healthcare establishments, making it not only a superb choice for enjoying your golden–years to the fullest, but also guaranteeing a solid choice for one of your most important investment decisions. Already a leading choice for health conscious holiday–goers as their preferred health and wellness destination, you’ll find it a worthwhile investment of your time to explore Pattaya’s more long–term holiday options.
Covid-19 puts flexible space markets under strain
In the wake of operator defaults, landlords will be forced to re-evaluate the role of flexible space in their portfolios.
The global Covid-19 outbreak has had serious negative effects on commercial real estate, including flexible space. Of late, many operators have experienced the flexible nature of the business working against them, as many occupiers have opted to surrender desks and implement work-from-home plans.(more…)
How COVID-19 regulations are changing landlord-tenant dynamics
The negotiations are dependent on the circumstances of each landlord and tenant, with landlords attempting to strike a balance between maintaining earnings and supporting tenants through the crisis period to sustain occupancy levels and income over the longer term.
Why 5G is racing ahead in Asia
Hong Kong, Seoul, Sydney, Taipei, Manila, Tokyo and Shenzhen have already introduced 5G networks. In May, Bangkok became the first city in Southeast Asia to roll out a 5G network, while Singapore in August started a six-month trial.
Thailand approves COVID-19 AstraZeneca vaccine for emergency use
The first lot of 50,000 doses of COVID-19 vaccine developed by AstraZeneca will arrive in Thailand early next month, after...
Interprovincial travel in Thailand amid COVID-19 controls
The State Railway of Thailand (SRT) is suspending 57 additional train services from 26 January, 2021, as part of the...
Covid-19 puts flexible space markets under strain
Thailand to put world’s largest floating solar farm into use this June
The facility, which generates power on a water surface of 72 hectares, was originally scheduled for operation in December last...
TAT launches virtual tours to 4 top destinations in Thailand
Once inside an attraction, visitors can move around using the cursor, while some of the attractions have information about its...
Thailand’s automotive sector expected to produce 1.4m cars this year
This increase in output is a result of the recovery of domestic and export markets, with the annual output for...
Subscribe via Email
Forex1 week ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
Economics6 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
National5 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
Banking1 week ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?