Real Estate Investment Opportunities in Thailand

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Real Estate Investment Opportunities in Thailand

Thailand is one of the most interesting real estate markets in the world offering plenty of opportunities to acquire splendid properties and even make a significant profit on your initial investment. Thailand has a unique climate that ensures year round good weather as well as beach side properties that reach out onto the beach and the ocean.

The unique legislation of Thailand makes foreign investments in real-estate rather challenging, however, there are numerous companies and brokers that have facilitated foreign investments creating one of the most profitable markets in Asia particularly due to the somewhat restrictive laws.

Basically, according to the country’s legislative system foreigners are prohibited from acquiring or owning land unless they are part of a group that is at the very least 51% owned by Thai nationals. This has led many people to form mixed association or companies that are investing heavily in real estate, particularly in tourist friendly areas like Pattaya, Phuket or the country’s capital city Bangkok.

No location is perfect. But ideally, you’ll have to research for strong economic signals, a rising number of tourists, and a low unemployment rate. It is helpful to read the news about previous year real estate market situation.

Some of the best investment deals for foreigners are found in Koh Samui luxury condominiums as they generally require a larger investment anyway. This means that forming an association between a series of investors was necessary anyway so the legislation problems that prohibit foreign investors become irrelevant.

Thailand is one of the biggest touristic destinations in the world with millions of visitors each year that come to take advantage of the local beauty, unique culture and stunning locations. Investments in hotels, resorts and spas are considered to be one of the best directions to go with when looking for real-estate deals.  With the industrial and commercial growth the country has registered in recent years residential building in Thailand’s major cities, like Bangkok, Phuket or Pattaya is also growing. A new generation of more demanding young professionals also means the need for a more diversified housing market. This in turn leads to more projects that range from luxurious condominiums to modest apartment blocks or new suburban neighborhoods.

The bottom line is that whether you choose to invest in a condominium with local partners, buy an apartment in a condominium and resell at a later point for profit or bring a sufficiently large enough investment and start up a resort, Thailand is the place to do it. The relatively cheap price of land, abundance of high-quality cheap labor and demand for residential housing make it an attractive investment opportunity that will continue to grow in the next couple of decades.