Thailand Property News

Jumeirah Private Island Phuket, one of Asia Pacific’s most exclusive developments is scheduled for completion in Q4 2010 and set to offer levels of luxury, privacy and security as yet unseen in Asia Pacific.

Finding an entry level investment property in Thailand is not easy. The fact that there are no banks offering finance to overseas property buyers, makes it even harder for those drawn to Thailand's massive money-making potential, but have little money to spend.

The Village, Coconut Island located close to Phuket, has been awarded the ‘Commended’ kitemark from whatgreenhome.com. The website, which profiles eco-developments around the world, annually awards kitemarks to the developments that they feel are worthy of recognition because of their sustainability.

TGR Group Asia, the visionary developer behind Jumeirah Private Island Phuket has unveiled exclusive bespoke customization plans that allow buyers to design their home around their lifestyle.

Thailand is currently one of the best countries in the world to make a property investment profit. People who bought in Bangkok a few years ago have watched prices of their property double, even triple and quadruple in some cases.

If you had come to Phuket 10 years ago, you would have been struck by the graceful sweep of the steeply sloping roofs that were a feature of almost all of the high-end homes and resorts on the island.

On schedule for 10% annual growth in international visitors (13.82 million in 2006, 14.8 million expected for 2007 and 15.5 million targeted for 2008 – TAT (Tourism Authority of Thailand)), the Thai government isn't just hankering after tourists, it's angling for the discerning sophisticated tourist who doesn't think twice about placing pleasure before budget.

Potential property investors considering an Asian purchase, may well have Thailand included in their list of potential locations at the outset, when they start researching they will realize that Thailand’s property investment market is currently a mixed bag.

TGR Group Asia, the visionary developer behind Jumeirah Private Island Phuket, has announced that Jumeirah Hotel Beach Villas have been released for sale, just in time for lovers seeking the ultimate Valentine’s Day gift!

The popularity of Thailand, as the most visited tourist destination in South East Asia has led to a knock on effect in the property market with new build properties achieving up to 15% growth per annum.

Nick Faldo’s a regular. So is former world darts champion John Lowe. Actors Pierce Brosnan and Hugh Grant have both shown they know how, and former tennis ace Boris Becker has demonstrated there is a sporting life after Wimbledon.

Throughout its rapid modernization Phuket has retained its tropical beauty and charm and affordability; the costs of living are approximately 1/3 of UK prices. Today Phuket property is not only the most sought-after in South-East Asia, but is a serious competitor with the Mediterranean for the European market.

Overseas property investors seeking rental guarantees and 50% mortgages need look no further than the breathtaking Chang Noi resort on Thailand’s exclusive Koi Chang island where independent overseas property agents, London International Property are currently offering beachfront villas from as little as £80,470.

Those who have been to Thailand’s smoggy capital city wouldn’t normally associate the country with green issues. However, its government and people have begun to implement a number of environmental programmes in order to improve air and water quality and reforest degraded land.

The Thai real estate sector has undergone intense scrutiny over the last 2 ½ years. The devastating Tsunami in December 2004 and military coup in September 2006 certainly gained the ‘land of smiles’ global attention however the Thai government and its people have worked hard to utilise this interest positively.

Two words: ‘sea view’. Immediately these words conjure up images of crystal clear waters, white sandy beaches and feelings of relaxation and tranquillity. The addition of the words ‘sea view’ to a residential development’s list of assets can also mean a premium price tag, however, these properties are worth paying the price.

The tropical island of Phuket is probably the second most popular holiday destination in Thailand and it’s not very hard to see why. Its green hills, turquoise water, long stretches of sandy beaches and lively night spots attract sun worshipers, divers, sightseers and revellers alike.