Thailand is the first choice for many Asians or foreigners who live in the region and want to find either an investment property or lifestyle property.
While places like Phuket, Bangkok and Pattaya have seen a great influx of foreigners, there are a number places that get more investment, tourists and that simply become increasingly more interesting.
In this article, I explain how you can buy property in a province located in the Eastern parts of Thailand, namely Chonburi. The province will receive much investment over the years and is getting more appreciated by foreigners.
Let’s have a look.
Chonburi property market
Chonburi has a number of popular resort cities, with proximity to the capital, located along the shoreline. With investment in residential projects (among others) the province is predicted to perform well.
As property become more expensive in places like Phuket (not to neglect, flooded with tourists), many people turn to places like Chonburi City and Rayong. Sure, Pattaya is also located in Chonburi, but you also have a number of other interesting options.
Developers have also started to focus more on these cities: This report from Collier’s speaks for itself.