With more than 14 million vacationers arriving in Thailand each year, tourism continues to be the main driving force behind the continued growth of the Thai property market.
The resort locations of Pattaya, Phuket, Koh Samui and Hua Hin are the locations of 30% of the country’s luxury apartment inventory, and have as a whole experienced annual growth of 9.5% in international arrivals since 2003.
Currently Russians top the list of nationalities buying property in Thailand, followed by Thais, British and Australians. Property in Thailand offers investors the opportunity to achieve good annual appreciation, rental yields of 6-10% and the ability to buy off plan projects with financing. In this article we take a look at the best places to buy property in Thailand at the moment…
With it’s proximity to Bangkok and the new Suvarnabhumi airport, Pattaya is the most popular area to buy property in Thailand outside of Bangkok, with 66% of all new development launches for the nation in 2007.
