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Thailand an 'attractive long-haul investment prospect'

Article Date : Tuesday, April 03, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

British property investors should seriously consider expanding their horizons and choose a more far-flung destination to enhance their portfolio, an expert has said.

Peter Conradi, editor of the Sunday Times property section, has said that long-haul destinations such as Thailand are particularly attractive because they offer cheap property prices, a long rental season and affordable flight access.

He also asserted that Egypt and Morocco are other long-haul countries places to consider, reports property news blog Nubricks.com.

"Many of these places have very healthy rental markets and so could be worth comparing with short-haul destinations if you are just focussed on the pure rental return," Mr Conradi remarked.

He added: "It does all come down to research and understanding exactly what your potential renters will want and having realistic expectations about the kind of returns that you can make."

According to Property Frontiers, foreign buyers are increasingly looking to the likes of Thailand, which is dependant on the Chinese economy, but is not as restricted when it comes to foreign investment.
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