Thailand Property

With mile after mile of white sandy beaches and turquoise seas lapping at the shore, Thailand property offers a stunning backdrop for any home and also shows great investment potential.

The Thai property market represents excellent potential for real estate investment.

The relatively undiscovered nature of Thailand means that property prices in Thailand remain well below those of other worldwide locations. Thailand property provides a profit-rich environment, boasting some encouraging capital growth figures of around 10-15% per annum. Today, many buyers are discovering the great potential Thailand offers as an excellent real estate investment opportunity.

The key drivers behind the Thai housing market are the rapid economic growth the country is experiencing and the expected increase in tourism that Thailand will undergo as a direct result of further property development. Despite the terrible Tsunami disaster of 2004, the Thai property sector seems to be less damaged than anticipated with only a 31% drop in property transactions since the disaster. What is more, real estate prices have continued to rise in sought after locations and high quality projects have reported increases in sales over the past 3 months. The country has been keen to encourage tourism and overseas investment, particularly since the Tsunami disaster.

Thailand is often considered to be the "Spain of the East" as it has long been the most popular Asian tourist destination. Tourism figures are very near the level they were at pre-tsunami and investment in high-demand tourist areas is a highly attractive option for property purchasers and buy-to-let investors alike.

Before considering buying a Thai property in any location within the country, we suggest you take a look at our Thai Property Guide to obtain a complete understanding of the buying process in Thailand. If you are considering a purchase of Thai property as an investment vehicle, you would be well advised to take a look at our Thailand Property Investment Section.

The boxes below provide you with access to all the information you will need in order to research Thai property. The 'Property for Sale in Thailand' section lists the current real estate opportunities we have to offer you in Thailand.

Thai Property Market Overview

Since the Asian financial crisis of 1997, Thailand's economy has enjoyed a slow recovery and, while it is continuously undergoing reforms, Thailand offers a promising future in terms of economic growth (GDP 5.7 in 2005) and this directly translates to the property market.

Property in Thailand is currently being purchased by discerning investors, keen to take advantage of the low prices, while they sit back and observe the value of their properties increase at a steady pace. Statistics indicate that the property market is buoyant and there is little doubt that a carefully chosen property purchase in a sought after location in Thailand will yield worthwhile profits.

According to international property analysts, Thailand's property outlook continues to remain very healthy, especially in the residential housing and the office building sectors.

Thailand Property Investment

For a potential purchaser, investment property in Thailand currently offers a good medium to long-term opportunity to invest in an emerging property market. Early investment is of utmost importance to achieve the highest returns, while property prices are at an all-time low.

Our Thai Investment Property section will give you more detailed information regarding the investment potential of property in Thailand. Thailand boasts a thriving tourist industry with today's above-average figures bringing increasing amounts of visitors to boost the economy and offering excellent buy-to-let opportunities to investors. Low cost airlines are in competition, forcing down the cost of airfares and increasing accessibility to major tourist locations within Thailand.

As the demand for Thai property in the popular areas increases, so will the value of prime property units. We will help you select the best possible investment opportunity and tailor it to your particular needs.

Reasons why property in Thailand is a good investment

• Thailand is the largest growth market in Asia. Some businesses choose Thailand as a regional base from which to keep their employees working all around Asia.
• Thailand has recently attracted significant foreign investment. It has become one of the Asian economic leaders and is one of the fastest-growing economies in the region.
• Once an exotic long haul destination, Thailand is now also a sophisticated tourist destination with a universal appeal.
• For thousands of people who have worked in Asia for many years, Thailand is a very attractive retirement destination, in which the living environment will feel familiar.
• Retirement visas are available for foreigners over 50 years of age.
• Thailand has good schools, an efficient health care system and it is seen as a friendly country in which to live or visit.
• The completion of the Suvarnabhumi-Bangkok International Airport (SBIA) is expected to spur growth in commercial property markets in eastern Bangkok as well as make Thailand even more accessible by air. Thailand is one of the cheapest places to fly to in Asia.
• The country has strong business links with China and has an excellent infrastructure and world-class facilities in many resort towns.
• Property is much cheaper in Thailand than elsewhere and an increase in overseas interest in property purchase has helped to create an economic recovery in Thailand. Property investors who bought post 1999 have witnessed impressive capital growth, particularly in major cities.
• Thailand offers beautiful mountains, dense forests and stunning beaches, a tropical climate and cities teeming with culture and colour which draw visitors back each year.
• The relatively undiscovered nature of Thailand means that property prices here remain far below those in the more established European markets, although they are growing quickly and strongly (around 10-15% a year).
• Rental potential is great, due to increased government spending luring growing numbers of tourists.
• Warm weather for winter holidaymakers between November and February.
• No capital gains tax for private investors, and low ongoing taxes.
• Today foreigners are regarded by the government as a big investment opportunity in Thailand.

Homebuyers in Thailand

For homebuyers looking to re-locate, now is also a great time to look at Thailand while living standards are already amongst the best in Asia and property prices are still very low. Today the cost of living is considerably cheaper than back home and, to many people, the quality of life in Thailand is second to none. Property prices are set to increase and homebuyers can purchase far more property for their money in the current Thai market then almost anywhere else in the world.

Investors will need to wait a few years to fully benefit from rental yields and capital appreciation from their Thai real estate, but current economic trends within Thailand strongly indicate that property in Thailand is a solid medium-term investment option. According to international property analysts, Thailand's property outlook continues to remain very healthy, especially in the residential housing market and the office building sector.

As the demand for Thai property in the popular areas increases, so will the value of prime property units. We will help you select the best possible investment opportunity and tailor it to your particular needs.

Thai Property Hotspots

With the increasing popularity of some major resorts like Sukumvit, Koh Samui, Hua Hin and Lanta Island, where the Tsunami’s damage had less impact, tourist numbers remain quite strong while the infrastructure is being developed and land prices have increased by some 20% in the past year.

You may also be interested in the following:

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• Guide To Property In Thailand