As beachfront property is increasingly becoming more scarce, leading developers have set their sights further south, down the coastline in areas between Bang Saray and Sattahip.
The developers strategic shift to the south matches that of the government’s expansion of the Eastern Economic Corridor (EEC), which provides a rare and unique opportunity for areas to grow and expand.
With the coming launch of the infrastructure projects like the high-speed rail line rail network which will also allow quick and comfortable travel and U-Tapao international Airport opening to constantly more international cities. We fully expect to see to see a thriving luxury real-estate sector in Bang Saray in the coming years for both residential and hotel properties.
Bang Saray, a former fishing village nestled between Pattaya and the port of Sattahip, Bang Saray presents a prime opportunity for sophisticated investors seeking a destination comprised of pristine environment, domestic and international connectivity.
For the golf enthusiast we have a vast selection of Golf courses, Vineyard, theme park and international standard medical center which are only a few of the attractions.
Pattaya has attracted domestic and international visitors from all around for many years, but guests have started exploring further south along the Eastern Economic Corridor (ECC). According to data from Thailand’s Ministry of Tourism & Sports. Overall visitor arrivals to Chonburi Province saw annual growth spike of 11.5% from 2012 & 2017 – much higher than the individual growth rate experienced by Pattaya (+10.7%). This reflects the emergence of “new” EEC destinations like Bangsaray, Jomtien and Na Jomtien.
Sources have stated that these three up-and-coming coastal areas now account for 43% of the EEC’s total condominium supply. This reflects the rising appeal of residential developments outside of Pattaya.