Buying Property In Thailand Can Be A Wise Investment

Buying property in Thailand is an increasingly popular move by foreigners. Whether it is as an investment in a holiday rental home, a place to retire to, or simply as a retreat as they look to escape the weather, the rat race or the high cost of living in the West, Thai property is becoming highly sought after.

Although subject to strict controls, it is relatively easy to buy property in Thailand, although as there are no mortgage deals for non Thai citizens you must be able to buy the property outright. Also, technically, it is not the land you will own but the property itself, although possession of the land is assured by virtue of the fact that the property obviously occupies the land. Furthermore, it is not impossible to own freehold land if you fall within certain conditions.

But what with the cheap cost of houses, stunning locations, tropical views, and wide range of property available, it is clear why buying property in Thailand is a popular idea.

Different locations are sought after for different reasons. For example Phuket, with its beautiful scenery and idyllic setting, is a popular place to buy for those looking for an investment within the tourism industry. The northern areas of Thailand are perhaps more popular with those buying to live, such as in beautiful Chaing Mai, as the climate can be a little cooler. Those preferring property in a more vibrant part of Thailand often choose Bangkok or Pattaya and use their homes for holidaying or as a festive retreat. And with the opening up of international airports at many of the established tourist resorts, such as Hua Hin for example, this has made property in Thailand even more desirable.

There are also various types of property one can buy; whether you want a six bedroom mansion complete with swimming pool, Jacuzzi and landscaped gardens, or perhaps a villa in the countryside, or a simple bungalow a stone's throw from a white sandy beach, all can be found within Thailand. Condominiums are a popular property to buy in Thailand, and also the easiest and simplest to buy. Similarly, you can find a property with Western influences and all modern conveniences, or else perhaps a property with more traditional Thai architecture.

Thailand, with its diverse scenery and locations also enables you to choose whether you want to live within close proximity to shopping, public transport, sporting facilities and a thriving expatriate community, or perhaps somewhere a little more rural and remote. Whichever type of property in Thailand you are searching for, and for whatever budget or need, there are plenty of options to buy in this beautiful country.
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2 Responses
  1. David Higgs Says:

    ARE YOU OUT OF YOUR MIND...........PAD will eventually turn on foreigners when they take over. There is a much bigger agenda with these guys. They are backed by some very powerful people, who want to take power through non democratic means. This ultimately means that the Ferangs will lose. Davidhttp://groups.google.ie/group/irishthai-friendship-group?lnk=sg


  2. David Higgs Says:

    Thursday, November 27, 2008
    Some advice to Thai army leaders should they decide to pull another late-night coup
    It's 16:30 in Bangkok.

    Bangkok Pundit blogs:

    Thai Rath reports that PPP MPs believe there will be a coup tonight and are going to mobolise "red shirts". Also, that all 6 coalition parties agreed to use legal measures against the PAD who have broken the law to try to provoke a coup. PPP MPs have promised to mobolise not less than 20,000 persons per MP.

    In Bangkok, MPs from the coalition parties will ask people to bring their cars on the streets or taxis to close roads to prevent a coup. The coalition parties believe a coup will happen tonight..

    They are also going to release details of the financial backers of the PAD especially Bangkok Bank and Kasikorn bank.
    Bangkok Pundit adds that he is he is hearing of movements by the first army.

    Thai Crisis has also blogged about this development, and notes that the Thai Cabinet has been holding a meeting up in the north of the country in the city of Chang Mai.

    Fonzi is takes a dark view about the outcome of any impending coup, blogging:
    This is probably the worse thing that can happen, because then all bets will be off. I think it will lead to full-blown civil war, because the PPP/Reds won't accept it, and they shouldn't accept it.

    And just because there will be a coup doesn't mean the yellows will go home. In fact, this will just empower them more. They will want to dictate the composition of the new government and will make sure that the outcome of a new constitution and new election will be made on their terms.
    So you will have the reds fighting the tanks and the yellow and reds going at each other in the streets.

    The police are so incompetent and poorly trained that they won't be able to control anything.

    Worse, you might have the police and military units fighting each other. I can't see the police backing the military and the PAD after being emasculated and demonized by the Thai media and the PAD after the October 7th incident. . . .
    Just now, Bloomberg's Daniel Ten Kate and Rattaphol Onsanit report on the coup development:
    Thailand's ruling party called on its supporters to clog Bangkok's streets to prevent a possible coup attempt after Prime Minister Somchai Wongsawat rejected army demands that he resign.
    ``People who have cars and cabbies should drive and block any tanks that may come out if there is a coup,'' Suthin Klangsaeng, a deputy spokesman of the People Power Party, said in comments broadcast on Thai PBS channel. ``Anyone opposing a coup should also take to the streets.''

    The government is calling for its supporters to mobilize in the streets to prevent the coup.
    I might mention that I toured the streets of Bangkok the night of the last Thai coup Sept. 2006. I saw the coup unfold on the dark streets. Before my eyes tanks and armored vehicles assembled and generals drove by.

    My old post gives you an idea of what a (peaceful) late night coup in Bangkok looks like.

    As the day winds down in Bangkok, my old advice to the Thai military -- based on my experience live-blogging their last coup -- probably bears repeating:
    But just before I headed off a horn sounded. A car swirved at high speed around the tank, narrowly missing it. The tank situated in the very center of the intersection was all but invisible to an unwary driver. (Note to Thai military: distribute reflective plates for your tanks for the next coup).
    If you are in Bangkok tonight, play it safe.
    __