Thailand ‘good place to invest’

Posted 30 Jan 2009

Thailand could be a great destination for Brits to invest in property, it has been suggested.

Some of the main holiday hotspots – such as Phuket and Koh Samui – would be good places to start conducting research into the housing market because they promise to become increasingly popular, explained chief executive officer of Homesgofast Nick Marr.

New flights to these areas by Etihad Airways and Bangkok Airways – as a result of consumer demand – have helped these places become more attractive to investors, he continued.

Another possible location Brits may wish to consider when buying a home over there, Mr Marr added, could be at a new development on Patong Hill.

He said: "[It] is priced to attract both Thai and international buyers."

This information might be particularly helpful to TEFL teachers working in the country who are looking for accommodation.

Earlier this month, Thailand’s office of tourism development reported that 2.08 million people arrived at Bangkok’s Suvarnabhumi International Airport in the forth quarter of 2008 – 28 per cent less than in the same period in 2007.

Category: Living Abroad