Real Estate & Travel News in Thailand from Propertyshowrooms.com

Sea-front properties in Thailand performing strongly

Wed, 9 Feb 2011 00:00:00 GMT

Luxury homes facing the sea are among the best-performing on the Thai island of Phuket, according to CB Richard Ellis' latest real estate report.

The firm's Residential Market View for Q3 2010 has highlighted the recovery of tourism to the island as one of the major factors in the rebound, adding that this trend will continue as the year progresses.

According to the report, properties that have sea frontage, an established reputation and entry level projects are among the best performing sectors of the real estate market.

CBRE estimates that approximately 84 per cent of units in completed buildings have been sold and the average asking price of condominiums by developers is approximately THB 90,000 per square metre.

The company also said that the number of international passenger arrivals to Bangkok Airports increased by a total of six per cent in December and international arrivals to Phuket increased by 25 per cent.

Thailand experiencing tourism revival

Mon, 12 Jul 2010 00:00:00 GMT

Individuals with property in Chon Buri, Thailand, may be pleased to hear that the country is experiencing strong bookings once again following a period of political uncertainty, a leading tour operator has suggested.

Hayes and Jarvis has revealed that despite all the recent troubles experienced by the Asian destination, the availability of cheap flights has contributed to an upturn in fortunes.

Neil Alobaidi, commercial director for the global tour operator, explains that there are some good deals for holidaymakers to take advantage of in the long-haul holiday market.

"While the political instability definitely dented bookings in the short term, while the country was hitting the headlines, Thailand has now turned the corner and bookings for Phuket and Koh Samui are exceptionally strong," he adds.

Mr Alobaidi's comments come after the Tourism Authority of Thailand announced that it would be running a range of promotional strategies to tempt visitors back.

Official figures show that there was a 6.8 per cent decline in visitor numbers in June compared to last year.

Thailand emerging as a popular holiday destination

Mon, 26 Apr 2010 00:00:00 GMT

Thailand is emerging as a favoured destination for Brits looking to take a break, it has been revealed.

According to luxury travel company Kuoni, the Asian destination offers visitors a wealth of culture and exciting sights to explore.

Jemma Purvis, a spokesperson for the company, explained that it had been busy over the Easter break, with many families looking to explore the up-and-coming destination.

"It is popular due to its vast diversity and great value, with many hotels providing facilities for children. They will also be kept entertained by stunning beaches and amazing sights," she explained.

In addition, Ms Purvis claimed that bespoke properties were proving to be popular among individuals visiting the country.

The news may be of interest to real estate investors in Thailand who are looking to rent out their properties to overseas holidaymakers.

Furthermore, figures released by Sainsbury's Travel Money revealed that the volume of Thai baht exchanged over Easter had risen 107 per cent, compared with a typical week at that time of year.

Thai islands "great places to invest"

Thu, 5 Feb 2009 00:00:00 GMT

New flights to Phuket and Koh Samui are providing alternatives for property investors considering making a purchase in Thailand, it has been claimed.

Ethiad Airways and Bangkok Airways have both introduced further routes to the islands following demand from consumers and property expert Nick Marr has stated that their appeal as holiday destinations makes them "great places to invest".

"These destinations offer … some of the world's most luxurious properties," he explained, adding that homes on the two islands are priced so as to attract "both Thai and international buyers".

And he noted that many of the homes are available at a "fraction of the cost of traditional locations", news that may be welcomed by investors who may have been priced out of property markets elsewhere in the world.

Bangkok's Soi Thonglor area has also been cited as a possible area for investment, with The Nation stating that it is seeing continued development of luxury properties.

Airport security bill approved

Wed, 28 Jan 2009 00:00:00 GMT

The cabinet endorsed in principle the draft law to help maintain security at Suvarnabhumi airport, Suvarnabhumi airport deputy director Prateep Wichittoe said on Wednesday...

Thai Protesters End Airport Siege as PM Quits

Wed, 3 Dec 2008 00:00:00 GMT

Anti-government protesters who have been blockading Bangkok's main airport for over a week abandoned their checkpoints on Wednesday and started packing up their belongings to head for home, after...

Etihad operates special flights for passengers stranded in Thailand

Fri, 28 Nov 2008 00:00:00 GMT

Abu Dhabi, Etihad Airways will lay on special relief flights from U-Taphao airport in Thailand to Abu Dhabi to help passengers who have been stranded in the country since the start of civil unrest and the closure of the major international airports in the capital, Bangkok...

THAI needs 4-5 days to send stranded passengers home

Fri, 28 Nov 2008 00:00:00 GMT

(BangkokPost.com) - Thai Airways International Plc expects to need 4-5 days to send all stranded foreigners home...

Laos begins Luang Prabang-Udon Thani flights

Mon, 3 Nov 2008 00:00:00 GMT

Lao Airlines on Monday announced the opening of a new route between Luang Prabang, Laos's once royal capital, and Udon Thani province...

Suvarnabhumi going for 'top 10' airports

Mon, 29 Sep 2008 00:00:00 GMT

Airports of Thailand (AoT) reported that it will promote Suvarnabhumi Airport as one of the world's top ten international airports in terms of outstanding service within the coming year...

Hat Yai airport resumes operation

Thu, 4 Sep 2008 00:00:00 GMT

(BangkokPost.com) - Operations at Hat Yai international airport have resumed on Thursday morning after supporters of People's Alliance for Democracy (PAD) dispersed at 1.30am...

PAD blocks entrances of Surat Thani airport

Tue, 2 Sep 2008 00:00:00 GMT

(BangkokPost.com) - Supporters of People's Alliance for Democracy (PAD) blocked entrances of Surat Thani airport on Tuesday afternoon to oppose Prime Minister Samak Sundaravej for announcing the state of emergency in Bangkok...

Phuket airport restarts international flights

Mon, 1 Sep 2008 00:00:00 GMT

Airlines were resuming their service between Singapore and the popular Thai holiday island of Phuket after the facility reopened following its closure by anti-government demonstrators, The Straits Times reported...

Report blames pilots, weather in One-Two-Go crash

Wed, 27 Aug 2008 00:00:00 GMT

An investigating committee has concluded that the low-cost One-Two-Go Airlines jetliner which crashed nearly a year ago killing 90 passengers while attempting a landing at Thailand's southern island resort of Phuket was due to pilot error and poor visibility, a senior Transport Ministry official said Tuesday...