The commercial real estate market is going through a roller-coaster now. The COVID-19 pandemic inflicted a serious impact on prices and the availability of commercial properties. In some areas, we see a serious 30% decrease in commercial property values.
Like elsewhere in the world, many businesses are suffering and are forced to shut down. Some operators and business owners will never return. In Pattaya, known for its huge popularity amongst tourists worldwide, the pandemic created a devasting impact, mainly on bars, restaurants, resorts, guesthouses, and hotels. All over town, you will find properties with “for rent” or “for sale” signs on them. Not having signage on the gate does not mean they are not available.Often such listings end up a drawer-listing and are known by your realtor.
Town & Country Property has a good number of interesting commercial properties listed for sale and rent.
Is it a good time to buy or rent now? Well, if you are looking to secure a bargain, our team thinks it is a great time to start looking around. Let us help you.
No matter what type of commercial property you are looking for.From a 5-star brand-new hotel with an international brand name to a local bar for sale or rent. We have it all. Visit us in our office in Jomtien for further consultation.
