Trend Alert: Pattaya Accommodates Aging Population
The secret is out: Thailand is a great place to retire. With affordable world-class healthcare, comfortable weather, beautiful surroundings and a currency that tends to work out in favour of foreigners, Thailand has been drawing in more and more internationals for years, and consequently, new niche housing developments have emerged.
Pattaya is one of the first cities in Thailand to recognize this trend as a major opportunity to attract foreign capital by building long-stay resorts that are specifically catered toward the senior citizen market. One company, called Absolute Living (Thailand) Co., in Pattaya aims to capitalize on this business potential with the recent opening of the Long Lake Hillside Resort.
Providing an integrated resort for retirees, Long Lake Hillside is a 36-villa property, located just minutes from downtown Pattaya. The property features wheelchair access on its premises, including ramps and paths, as well as assisted living services with 24-hour care and professional medical staff on hand to handle emergencies. In addition to catered facilities, guests are also offered a large network of like-mindedexpatriate neighbours. Current guests include Europeans, Australians, Americans and Japanese, most of whom are in a high income bracket.
Guests at Long Lake Hillside can elect to stay for any amount of time, from a month to a year. For shorter-term visitors, the resort is a more affordable place to stay than a reasonable hotel in the area. For expat retirees who want to remain in Thailand for good, it’s a longer-term option, especially for those from countries facing financial difficulties and reduced pensions.
No matter how long one plans to stay in the resort, it is practically guaranteed that they will remain entertained for the entire duration. With the beach and downtown area just a few minutes away and on-site facilities including a library and games room, as well as space dedicated to arts and crafts, gardening, and cooking classes, Long Lake Hillside is a place that clearly strives to make the retirement years the golden years.