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Krihaat Glass Hill,
Thailand |
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Al Noor development,
Ras Al Khaimah |
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Al Sanaa Development,
Ras Al Khaimah |
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Thailand s islands prove their property investment worth |
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HOME >> NEWS >> Thailand s islands prove their property investment worth |
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 Thailand is currently one of the best countries in the world to make a property investment profit, according to David Stanley Redfern Ltd. People who bought in Bangkok a few years ago have watched pieces of their property double, even triple and quadruple in some cases. But now the biggest gains to be made are on resort properties as tourism to Thailand grows 20% year on year.
Especially profitable are resort properties on Thailand's islands like Koh Samui, and Koh Phangan and even the mature market of Phuket still has fight left in it. In fact people who bought a property on Samui and Phuket two years ago have sold recently for a 100% profit.
Phuket was popular before Koh Samui and as a result you won't get a resort villa there for very much under £500,000. With its world class white sandy beaches, tropical climate and in-land jungle, Phuket has become the place where the rich and famous buy their holiday homes.
Koh Samui is very similar to Phuket, and has all the same qualities to offer, great beaches and lush forest landscapes, and of course the same tropical climate. As Phuket grew out of most people's price range, Koh Samui became an affordable alternative. There are now more five star holiday resorts and hotels on Koh Samui than any other South East Asian island, and you can still buy a resort villa for £100,000 upwards.
Koh Samui is perhaps the safest of the Thai islands on which to make a property investment, because it has proven its worth with consistently strong capital growth since it began emerging; the aforementioned 25% average yearly capital appreciation in the last two years, but it also has the success of Phuket as a guide to how property prices will continue to grow in the coming years.
As does Koh Phangan: Koh Phangan is the least mature of the emerging Thai islands, so it doesn't have the proven track record of Koh Samui, but it can still be compared to Phuket in that it has all the same qualities in the beaches and climate, is similarly attractive to tourists and increasingly attractive to overseas property investors.
For those willing to take that little risk of not having a proven track record, Koh Phangan offers the chance of making the biggest profit from your Thailand property investment.
Source: http://www.investmentinternational.com/ |
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