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Archive for the ‘Real Estate’ Category

Foreign Investors in Thai Property

Wednesday, July 9th, 2008

There has been a strong urge from the people in the property sector to the country’s newly-elected democratic government to be more generous towards foreign property investors. Thailand going back to democracy after a 15 month military rule has already had a positive impact on the property market. There have been a notable number of deals completing during the high season in Phuket as well as more visitors to the sole agency projects. The newly elected government has begun to take initiatives toward a more open and favorable policy for foreign property investors. The new government has already taken away the 30% capital control which is thought to support bringing back foreign investments.

Since the December election, foreign investors have shown increased interest. Established developments have witnessed a particularly alive high season. Newly awarded projects have also met with a positive response. A similar trend is witnessed in Samui with a clear rise in visiting and purchases of resort properties. It is anticipated that there will be further demand in Samui with surge in flight schedules. The Samui market for luxury villas is closing on Phuket, with the establishment of international hotel brands wooing quality tourism. Samui has traditionally been a less favored beach destination, but this not at all the case now as it is emerging rapidly as a beach destination. Lot of high net worth investors is now increasingly keen. The Treasury Department’s recent land value appraisal displayed that land values in Phuket have rose by an average 160 per cent over the past four years, with Samui prices following closely. The steady rise in land prices on Thailand’s coast points to the confidence in the market and its long term prospects. There is no doubt that Thailand’s property market is continuously flourishing. Foreign investors will have a good time investing in Thailand from now onwards. If you are ready to forget the unfriendly past of Thailand and show renewed faith you are set to benefit.

Invest in a property in Bangkok

Thursday, December 20th, 2007

Most people want to go to a place where the weather is nice and the prices are opportune. Bangkok is the ideal place for those of you who want to get away from the stress at work, for retired people and even for businesspersons. A property in Bangkok has more than reasonable prices, when compared against prices regular in London, New York and other cities.

In addition to numerous modern buildings, in Bangkok there are about four hundred Thai temples that one cannot miss during there staying in Thailand. In Thailand, traditions always mix with modernism and nowhere in the world will you find tradition and development as close to each other as you will find them here. The modern infrastructure, the wealth of natural resources, and the convenient prices make Thailand the ideal destination for people all over the world. With adequate recommendations from a specialized Bangkok real estate agent, you will find out information about the properties that are worth investing in and about the best manners of increasing your profit.