Articles
14/03/2008 - Thai Islands 'proving their worth'
Thailand is currently one of the best countries in the world to make a property investment profit…
According to David Stanley Redfern, people who bought in Bangkok a few years ago have watched prices of their property double, even triple and quadruple in some cases. But now the biggest gains to be made are on resort properties as tourism to Thailand grows 20% year on year.
Especially profitable are resort properties on Thailand's islands like Koh Samui, and Koh Phangan and even the mature market of Phuket still has fight left in it. In fact people who bought a property on Samui and Phuket two years ago have sold recently for a 100% profit.
Phuket was popular before Koh Samui and as a result you won't get a resort villa there for very much under £500,000. With its world class white sandy beaches, tropical climate and in-land jungle, Phuket has become the place where the rich and famous buy their holiday homes [...]
12/03/2008 - Thailand 'direct flights' boost
Cheap, direct flights are encouraging a whole array of people to invest in Thai property, according to one industry expert...
Jason Killingback, sales advisor for property specialists David Stanley Redfern Ltd, said: “Those seeking a pure investment, those looking for a holiday home and those wanting a business-owned property are all showing interest in the Thai property market.
”However, as with Malaysia, the majority of British investors are looking for a holiday home, with idyllic locations such as Koh Samui and Phuket becoming increasingly popular. It is a lot easier for people to access a lot of these countries now as they can fly direct or it's one stop, so it is a lot better now for people to invest." According to the Tourism Authority of Thailand, between January and December 2006, 850,685 UK tourists visited Thailand [...]
26/02/2008 - Thailand set for 'boom year'
It’s all change for Thailand this year and property investors are well placed to benefit, reports the OPP...
Thailand’s property market is set to take off this year as developers make the most of the country’s attractiveness to tourists and international investors, particularly after the recent election brought the coalition PPP government to power, promising reforms of property ownership and investment freedoms.
Thailand is rapidly growing in stature as one of Asia’s top tourist attractions. Long-haul holiday operator Travel 2 Travel 4 recently put Thailand at the top of its list for y-o-y growth so far in 2008. It revealed that Thailand has experienced at least a 20% rise in passenger numbers in the first month of this year and outranked the popular holiday destinations of Australia, Malaysia, the US and New Zealand [...]