The COVID-19 pandemic disrupted global economies—and Thailand’s real estate market was no exception. Yet within this turbulence lies opportunity, especially for savvy investors eyeing condos for sale in Pattaya and Jomtien.
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Since early 2020, we’ve witnessed a shift: condo prices in Pattaya and Jomtien have dropped, sometimes dramatically. Financial hardship has led many owners to liquidate assets, offering units well below market value. These discounted properties—ranging from cozy studios to luxury penthouses—are attracting bargain hunters, investors, and even real estate agents who recognize the value of a good deal.
At Town & Country Property, we monitor the market daily. Even before the pandemic, Pattaya condos were remarkably affordable—often priced at just 25% of what you’d pay in Western countries. Now, with additional discounts and flexible payment plans, the deals are hotter than ever.
💡 Tip: Not all projects are affected equally. High-end beachfront developments like Northshore, Northpoint, and Saranchol remain stable. But older buildings and “volume projects” with hundreds of similar units—such as Grand Caribbean, Laguna Beach Resorts, and Seven Seas—are seeing price drops.
Developers are shelving new launches due to supply chain delays, especially from China. Meanwhile, leftover inventory is being cleared with incentives. Some buyers, unable to complete transfers, are forfeiting deposits—putting even more units back on the market.
Who’s buying? Local Thai investors, Bangkokians seeking weekend escapes, and yes—agents themselves. But the best deals often never make it online. That’s why working with a trusted, long-standing agency like Town & Country Property is essential.
📈 Will the market recover? Absolutely. Pattaya remains one of the most affordable and desirable places to live in Southeast Asia. With low living costs and resilient property values, the future looks bright.
When you want to “Talk Business” and receive 1st hand genuine good deals on condo sales here in Pattaya and Jomtien beach, you should contact one of the Town & Country Property real estate advisors. Our property portfolio is known for its accuracy and diversity.
As one of the longest-standing top real estate agencies in Pattaya, we have what it takes to perfectly match you with a nice and affordable condo in Pattaya City or Jomtien Beach.
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Author: Mr. KC Cuijpers
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