Thailand currently has much to offer investors in terms of off-plan villas, townhouses or apartments. Almost all the off-plan property for sale in Thailand is located in the major investment hot-spots. Property prices remain good value for money and the property market has recovered from the downturn in the late 90’s. The recovery was helped, for example, with low interest rates, strong domestic consumption, and tax measures to stimulate the property markets.
Most property is purchased directly from a developer or via an agent. A solicitor will represent you in the property purchase and complete all the legal requirements of the sale. Solicitors carry out the usual range of checks: that the vendors have the correct title and are able to transfer it to you; search for any charges and liabilities that are attached to the property; advise you on all of your obligations; assist with the transfer of your funds.
Thailand’s major Unique Selling Point is tourism and the government promotes Thailand on a global scale. The Tourism Authority of Thailand predicts continued growth for 2008, with an estimated total of 14.8 million tourists, generating Baht 547 billion in the process.
Thailand offers visitors many benefits including beautiful beaches, tasty food, friendly people and excellent health care. Phuket is the main tourist destination which lies at the bottom of mainland Thailand. Thailand is also a divers’ paradise with the marine national park of Koh Similan renowned as a world class diving site. Due to its popularity as a tourist destination, Thailand is one of the cheapest places to fly to in Asia, with direct flights readily available to Bangkok from many international airports. There is an excellent rail service covering the majority of the country, the trains are comfortable and cheap, and timetables are in English.
Thailand is predominantly a Buddhist kingdom and is located in Southeast Asia surrounded by Myanmar to the north and west, Laos to the northeast, Cambodia and the Gulf of Thailand to the southeast and Malaysia and Myanmar to the south. The largest city in Thailand is Bangkok, with about 6 million people. As well as being the largest city and the main seaport, Bangkok is the Capital of Thailand. The climate is sub-tropical with long hours of sunshine and high humidity. The temperature is hot from March to June, rainy from July to October, and cool from November to February. Thailand has recently seen economic growth and investors now view Thailand as a very promising destination. There are different types of property for sale Thailand has to offer the investor, with price ranges to suit all pockets.