Pattaya City’s real estate market is more resilient than other tourist destinations in Thailand due to its diverse range of tourism and industry, property values are still in large part driven by foreign investors. Property values here can therefore be at the mercy of other international trends, such as the declining value of the Ruble which has recently led Russian investors to sell off properties and temporarily exit the market. That being said, there are areas within the Pattaya City market that may show dependable prospects for demand and growth from both foreign and local investors..
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