Property In Thailand

Property in Thailand

Without doubt, Thailand offers investors one of the best opportunities for overseas property investment to be found anywhere in the Asia region. Low property prices, a robust tourist demand and a rapidly developing infrastructure have resulted in a market that covers adequately all the fundamentals that need consideration in any process of due diligence.

However Thailand also possesses a complex system of regulation on foreign ownership of property. This complex process, coupled with other factors such as perceived political instability, has resulted in the majority of investors avoiding the Thailand property market in recent years. Recent indications are however that this system is to undergo a legislative review, with a view to easing these restrictions to encourage overseas investors back into the market.

When looking at the overall opportunity for overseas property investment in Thailand, it is worth taking time to fully understand the large and increasing market for tourism in the country. A superb climate, friendly people, cheap accommodation and arguably South East Asia’s finest cuisine are only some of the reasons which attracted over 14 million tourists to Thailand in 2006. A figure which seems all the more impressive as it represented an increase of over 20% on the previous year, and one which underlines the strong recovery made in the post-Tsunami period. Today, more tourists are visiting Thailand than ever before. As importantly, they are staying longer and spending more money than ever before (source: TAT tourism).

Understandably, the demand for property in Thailand is predominantly driven by this demand for tourism, and subsequently increasing numbers of developments are appearing in key tourist destinations including Phuket, Bangkok and Koh Samui. Other opportunities do exist further afield however, and other destinations such as Koh Chang at Had Rin are now offering some exciting investment opportunities.

Outside of the main tourist areas, other opportunities also exist in the major urban areas such as Bangkok. A city which is rapidly re-inventing itself as an economic hub for Asia, a strong demand for commercial property in Bangkok has emerged in recent years.

As well as the bouyant market for tourism, other factors such as the strong economic growth, a developed infrastructure and greater accessibility through the increased number of flights to the region all point to a market which has the potential to yield long term returns for more the ambitious investor.

Further regional information: Phuket

	Nirvana Beach - 2 Bedroom Krabi Villas In Thailand£334,790 Situated on the north-west tip of the beautiful island of Koh Chang, lies the stunning Nirvana Beach Resort. Set amongst 64 acres of landscaped tropical gardens, the luxury villas and their elegant surroundings combine to provide your piece of tropical paradise in Thailand. >> view detail
	Nirvana Beach - 1 Bedroom Krabi Villas In Thailand£307,782 Situated on the north-west tip of the beautiful island of Koh Chang, lies the stunning Nirvana Beach Resort. Set amongst 64 acres of landscaped tropical gardens, the luxury villas and their elegant surroundings combine to provide your piece of tropical paradise in Thailand. >> view detail
	Nirvana Beach - 3 Bedroom Krabi Villas In Thailand£361,651 Situated on the north-west tip of the beautiful island of Koh Chang, lies the stunning Nirvana Beach Resort. Set amongst 64 acres of landscaped tropical gardens, the luxury villas and their elegant surroundings combine to provide your piece of tropical paradise in Thailand. >> view detail
	Nirvana Beach - 4 Bedroom Krabi Villas In Thailand£367,141 Situated on the north-west tip of the beautiful island of Koh Chang, lies the stunning Nirvana Beach Resort. Set amongst 64 acres of landscaped tropical gardens, the luxury villas and their elegant surroundings combine to provide your piece of tropical paradise in Thailand. >> view detail
	Nirvana Beach Resort - 4 Bedroom Phuket Villas In Thailand£896,039 Situated on the north-west tip of the beautiful island of Koh Chang, lies the stunning Nirvana Beach Resort. Set amongst 64 acres of landscaped tropical gardens, the luxury villas and their elegant surroundings combine to provide your piece of tropical paradise in Thailand. >> view detail