With the diverse choices Thailand has to offer, from its fascinating cities to exotic beaches, it’s no wonder real estate here is increasingly popular.
Thailand properties are comparatively low in price to other worldwide destinations and investment potential huge as the country maintains its interest in the tourist infrastructure and economy.
Thailand homes and villas are in demand as homebuyers discover they can purchase far superior properties here than most other tropical destinations.
Phuket is Thailand’s hot spot with an exotic landscape of emerald green waters and lush mountains and forests. A sophisticated tourist destination, it’s one of Asia’s most desirable places for retirement or a second home.
Demand for Phuket property is high as its solid infrastructure and amenities suits foreign residents; the Phuket real estate business is considered a secure investment.
Phuket’s regional airport is within an hour of Bangkok and other major Asian countries increasing its attractiveness to foreign buyers.
Properties range from villas to condominiums and apartments or purchase land and build your ideal home.
The tourism industry continues as the main driver behind interest in Thailand's resort condominiums, with holiday destinations close to Bangkok receiving the most attention, especially from international buyers lured by attractive prices.
Thailand's seaside resorts; namely, Pattaya, Phuket, Koh Samui and Hua Hin, where more than 30% of the country's luxury condominium inventory is now located, have experienced 9.5% annual growth in international arrivals since 2003, and these strong figures are supporting resort property expansion.....MORE
The success of the Thai economy has aroused the interest of international property investors, according to overseas specialist David Stanley Redfern (DSR).
The country’s economy got off to a scintillating start to 2008, with first quarter growth at six per cent on the same period last year, and up 5.7 per cent on the last quarter of 2007....MORE
The government is considering allowing greater foreign ownership in property firms and extending leasehold periods beyond 30 years to stimulate the business, according to Finance Minister Surapong Suebwonglee.
The amendment would stimulate market segments that have been hit by sluggish demand, he said yesterday.
''This has been discussed quite seriously over the past two to three months. We need to think about the percentage of shareholding and leasing access compared with the number of years. The crisis that we have had in the past two years led us to think and look at a new paradigm,'' he said at an investor forum held by Euromoney. ...MORE
First of all, you need to decide on your priorities and be honest with yourself if you are buying for personal enjoyment, let your heart guide you more; but if you are looking to make a profit, focus on making a smart purchase and put personal factors to one side.
You need to consider the length of the season in your chosen, location in terms of climate, facilities and attractions. A short season could significantly decrease your profit. Also work out the typical demographic of the holidaymakers in your chosen area. Be sure that your property will appeal to these groups with its size, features and location...MORE
