Pattaya was known for its nightlife beyond its beautiful coastline. But in 2020, a lot of the attractions had to close up shop after global travel restrictions were imposed. Since then, the real estate market in Pattaya has seen a decline in the number of developments launched during the year and will continue to experience slow activity. Demand dipped due to a lowered foreign demand and because of unsold units that were carried off into the next year.

According to analysts, we will probably see a great decline in Pattaya’s property market until the end of the year due to the economic downturn. Although the market will start to improve during the year, it will not return to normal levels until the next year.Business directory of Pattaya Estate agents