Friday, 15 February 2008

Growth of 15% as Thai goverment attracts luxury tourism


The popularity of Thailand, the most visited tourist destination in Southeast Asia has resulted in a knock-on effect and the real estate market with new properties to build up to 15% growth per year.

Dave Ames Marketing Manager of Harlequin Property says: "Thailand is still at a relatively early stage in their growth cycle, but with the Thai government, which is to improve the tourist numbers of 10% per year in connection with the expansion of infrastructure to support , market analysts forecast earnings at the end of the future for real estate investors. The cost of living here is much lower than in most European destinations, while the available facilities for visitors are modern and of international standard. Also, the completion of the Bangkok Suvarnabhumi International Airport (SBIA), the airport expects growth in the commercial real estate markets in East and Bangkok, Thailand still more to achieve. "

Harlequin Property is now looking forward to the market nirvana Beach Resort a five-star resort, is located on the northwestern tip of Koh Chang. This development front line, surrounded by tropical rain forest is among the 64 hectares of beautiful gardens and has 1.5 km of white sandy beaches. There is a selection of 1,2,3 and 4 bedroom detached villas, each with traditional Thai architecture, and each come fully furnished with a Jacuzzi, air conditioning and a balcony. The development will also full hotels, swimming pools, bars, restaurants and shops.

Prices start from £ 275000, and each property is two years with a guaranteed rent of 10%. Harlequin property are in a position, 100% financing which means that investors have to pay only £ 1000 reservation fee with nothing else to pay to finish. Harlequin is the only real estate company, which are in a position to offer investors an 70% mortgage with staged payments.

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