There has been a strong urge from the people in the property sector to the country’s newly-elected democratic government to be more generous towards foreign property investors. Thailand going back to democracy after a 15 month military rule has already had a positive impact on the property market. There have been a notable number of deals completing during the high season in Phuket as well as more visitors to the sole agency projects. The newly elected government has begun to take initiatives toward a more open and favorable policy for foreign property investors. The new government has already taken away the 30% capital control which is thought to support bringing back foreign investments.

Since the December election, foreign investors have shown increased interest. Established developments have witnessed a particularly alive high season. Newly awarded projects have also met with a positive response. A similar trend is witnessed in Samui with a clear rise in visiting and purchases of resort properties. It is anticipated that there will be further demand in Samui with surge in flight schedules. The Samui market for luxury villas is closing on Phuket, with the establishment of international hotel brands wooing quality tourism. Samui has traditionally been a less favored beach destination, but this not at all the case now as it is emerging rapidly as a beach destination. Lot of high net worth investors is now increasingly keen. The Treasury Department’s recent land value appraisal displayed that land values in Phuket have rose by an average 160 per cent over the past four years, with Samui prices following closely. The steady rise in land prices on Thailand’s coast points to the confidence in the market and its long term prospects. There is no doubt that Thailand’s property market is continuously flourishing. Foreign investors will have a good time investing in Thailand from now onwards. If you are ready to forget the unfriendly past of Thailand and show renewed faith you are set to benefit.

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Filed under: Thailand Real Estate

This is a question that is being asked in a somewhat panicked way across the nation. Over past 10 or more years this country had experienced a real estate boom of epic proportions. This boom inflated prices and kept the market in a seller’s market for quite some time. This also increased the number of homes and condos being developed and there was an incredible supply and a matching demand. This also made it more difficult for some people to get into a home as rising prices kept some people out of the market. This also caused what is now being referred to as the sub-prime lending crisis. So many people chose to take out 100% financing or high-interest loans to be able to purchase a home and when those mortgages could not be paid it led to an all-time high in foreclosures.

This has been a huge surprise for buyers in this country as they have not been used to having this much sway in the market. There really has not been a better time for buyers to get into the home market. However, today’s buyers should take example from the buyers of the past years and learn a few lessons from what has transpired over the long stretch of seller’s markets. Sub-prime lending is really not the way to go. Standard mortgage loans are really the preferable choice. If you cannot get a standard mortgage loan yet then take the time to correct your credit and finances. Don’t try to jump into a purchase they you may not be able to pay for in the long run. There are some real lessons to be learned from the recent history of the real estate market. Be sure to learn them before launching a home purchase.

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Filed under: General

Investing in an international property is an excellent method to make money; the investor will have a wide range of options when it comes to investing in a Cyprus property. For instance, he can choose to use a bank in order to make the necessary amount of money; putting money in a particular bank has been regarded as the safest method when it comes to the safest investments a person can make. But you have to be aware that while putting your money in a bank will secure your financial future, you should not expect to receive amazing profits. On the contrary, you have to be perfectly aware that your money will generate only a modest interest that will not make you rich. Therefore, the investment rule says that an international property may be the proper investment for almost every person who is interested in making some extra money; in this context, putting your money in a bank may not be the wisest choice.

The investor may also consider the stock market; the stock market is quite popular among present investors but its growing rate is not likely to be equal to the one that comes with the real estate market. On the contrary, the real estate market is a secure environment when compared to the stock market. Playing the present stock market can be quite risky; the initial assumptions must be forgotten because every investor should be perfectly aware that his return on investment can be unlikely. The return may be envisioned as quite appealing but better options ought to be considered simply because these other options are likely to be safer too. The investor may also consider the stock market; the stock market is quite popular among present investors but its growing rate is not likely to be equal to the one that comes with the real estate market. On the contrary, the real estate market is a secure environment when compared to the stock market. Playing the present stock market can be quite risky; the initial assumptions must be forgotten because every investor should be perfectly aware that his return on investment can be unlikely. The return may be envisioned as quite appealing but better options ought to be considered simply because these other options are likely to be safer too.

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Filed under: General