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Thai property offering good opportunities

Article Date : Thursday, June 07, 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

Thailand's uncertain political situation is causing prices to remain low and foreign investors to move in ahead of an expected upsurge in growth next year, it has been advised.

Investment levels could reach GBP230 million if current deals are finalised, Colliers officials have advised.

Joint partnerships with local businesses are also thought to be popular, with a Thai villa rental firm confirming the trend.

"There's a bit of a slow-down this year, because of the recovery of Phuket. The first quarter has been difficult but the rest of the year looks much better. The offerings are increasing but demand is the same. So basically the competition is increasing," commented Samui Villas and Homes head Marc Ribal, according to the Thailand Property Guide.

Meanwhile foreign investment in the country has risen by 18 per cent year-on-year so far in 2007, the state Board of Investment noted earlier this week.
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