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21
MAY
UAE Tourists, Investors To Boost Thai Property, Health Sectors

May 15, 2013 The health, tourism and property sectors in Thailand have the potential to increase the number of investors and visitors from the United Arab Emirates, according to Thailand's ambassador to the UAE, Warawudh Chuwiruch. Currently, investors from the UAE, both expatriates and nationals, are looking to invest in Thailand's property sector. Many of them are interested in buying property in the Kingdom, especially in Bangkok, Phuket and Hua Hin, which means that there is great potential…

21
MAY
Demand For Luxury Property In Thailand On The Rise

According to recent research conducted by The Nation, luxury developers are aggressively marketing top-end residential projects as demand for luxury properties is slowly recovering in Bangkok and the central business districts. The demand is fuelled partly by foreign buyers expanding their regional investment in view of the upcoming implementation of the ASEAN Economic Community (AEC) in 2015. Initially the AEC was planned to take effect on 1 January 2015, but the deadline was pushed to 31 December…

20
MAY
Thai Long-Term Leaseholds Popular Among Foreign Investors

Long-term leaseholds are a popular way for foreigners to invest in and own a property in Thailand. This is due to the strict Thai law, which does not allow foreigners to own land in the country apart from some limited exceptions. Under Thai law the maximum lease term is 30 years, with two additional successive 30-year terms offered by developers who offer real estate to foreign buyers. However, the rent for the three terms is usually pre-paid, with the lease agreement providing that most of the…

14
MAY
Khao Yai's Condo Market Is Growing

Bangkok residents often seek ways to escape from the city and in the past few years more people have been looking for properties in Khao Yai for weekend breaks and longer stays. The condo market in Khao Yai is beginning to emerge as a trendy place that is gaining popularity, the Bangkok Post reports. Completed and registered condo units in the period between 1995 and the first quarter of 2013 in Khao Yai total 350, with most of the development activity in the area taking place over the past five…

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