Investors looking for property in Thailand are increasingly opting for condominiums in Pattaya.

With the country proving resilient to much of the world's financial troubles, the property market is flourishing.

Therefore, according to Knight Knox, those looking for investment property are heading to Thailand, particularly Pattaya, Property Wire reported.

Lee Chettoe, sales manager at Knight Knox International, stated: "The Thai condo market is booming at the moment. The increase in demand for property, particularly in the Jomtien Beach and Pattaya regions, has led to us taking on an additional six new projects this year alone, all of which have been extremely well received by our investors."

This upwards momentum looks set to continue, with Thailand expected to spend approximately £44.8 billion on infrastructure projects over the next five years, the news provider reported.

Pattaya in particular is experiencing a boost in entertainment facilities, retail outlets and restaurants, which are helping to make the area more attractive.

source: http://www.propertyshowrooms.com/thailand/property/news/pattaya-condominiums-popular-investors_312542.html

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