Every person wants to invest his capital in those properties that will generate significant returns. Along with his own country, investing in a foreign land is also an attractive option that is considered by investors all over the World. One such foreign land that has been on a great demand for quite a few years now is Thailand. There are quite a few reasons that have made Thailand the number one choice for investors all over the globe.
So if you are one of those who is looking to buy property in Thailand but is confused where to invest then you have come to the right place. In this post, we are going to throw light on some of the places that will prove to be a profitable investment in Thailand.
In recent years, Bangkok has experienced steady growth and expansion. This has been made possible due to the efforts that are made by the Thai government and the private investors. New infrastructural investments have been made in the city that makes it the best choice for investment. New supermarkets, good public transportation facilities are few of the reasons that make Bangkok the best option to invest in the real estate market. Condominiums and apartments are the best choices that are available for the foreigns to invest in. The value of these condos is only going to increase in the coming years which gives another important reason to invest.
Phuket is a beach resort area that has gained a widespread popularity among the foreign investors. The economy of the city has recovered that once got severely hit by the economic crisis in 2008. The land and property value of Phuket have been increasing at a steady pace. Some of the improvements that have been made in the city’s International Airport has opened the door for quite a few tourists. This has helped the local economy to grow and also the values of land and properties. Investing in this beach city will enable you to experience the natural and also reap profits.
Koh Samui is a beach resort area that may not have been developed like Phuket, nonetheless is an awesome place to invest in. This island will enable a person to enjoy a relaxed and tranquil life by the beach side. Koh Samui is a picturesque island that is surrounded by the serene waters of the ocean and palm trees. A person will be bale to experience fresh air all around which is considered as an asset in today’s time where there is pollution all around. As an investor, investing in the island will be a good choice as more and more people are willing to settle down in cities that are calm and away from the traffic.
Chiang Mai is a city that is situated in mountainous northern Thailand. The lifestyle of the city is not that hectic when compared with that of Bangkok or Pattaya. Due to this, a number of expatriates consider Chiang Mai as the perfect place to retire. However, the slow pace of the city doesn’t mean that it is lacking any kind of modern facilities or amenities. There are a number of shopping malls that have been constructed which are an attraction for both the international as well as local shoppers. You can buy a property in Chiang Mai at a pretty low price with an assurance of getting a high annual yield.
Pattaya is best suited for all those who want to experience the modern amenities of Bangkok and still want to experience the beachside resort life. The city has become quite popular among the tourists and the retirees. Infrastructural developments in the form of a high speed rail line that connects the city to Bangkok will be constructed by 2018. This will reduce the travel time between both the cities to about thirty minutes. Commuting for work or just for shopping or a meal in Bangkok can be easily done.
In The End
Above mentioned cities are among the best options to invest in Thailand. These have a great potential for growth. This will ensure good rental value and capital growth. Most of the expatriates have already booked their properties in some of the Thai cities and have begun to reap profits. So, if you are looking to invest in the country now is the right time.
David Lane was born and raised in Thailand. He is working as a Realtor for Thailand- property. Which provides long term or short term Thailand property to clients . David is praised most often by clients for his enthusiasm, patient approach and unwavering loyalty. Apart from this , David loves to do fly fishing, sporting clays and play golf.
This post is written by David Lane. He was born and raised in Thailand. He is working as a Realtor for Thailand-property. Which provides long term or short term Thailand property to clients . David is praised most often by clients for his enthusiasm, patient approach and unwavering loyalty. Apart from this , David loves to do fly fishing, sporting clays and play golf.