Monday, 21 April 2008

Thailand: Entry level investment property with finance

Find an entry-level investment property in Thailand is not easy. The fact that there are no banks to finance overseas property buyers, makes it even harder for those on Thailand's massive money-making potential, but have very little money available.


For these people the Maenam Hills property in Koh Samui is perfect. The price starts at just £ 100000 for a 2 bedroom villa resort, and the developer provides funding to 50% loan-to-value, so that the buyer with only 50000 pounds to be found.

Liam Bailey, Head of International Research for David Redfern Stanley Ltd., said the development: "You could say that £ 50000 is still a lot of money, but when you consider that people in Koh Samui bought two years ago, you Property recently sold double what they paid, it makes Maenam Hills one of the best investments in real estate opportunities in the global market. Thailand, Koh Samui and the growth is primarily through tourism, so that an additional incentive for sale in Maenam Hills is the fact that his less-than-average asset-price means rental yields should be at least 10% per year. in fact that the villas with an uncapped lease, a rental yield of at least 6% for the first two years "

Liam then described why Thailand and its islands are generally a good investment: "Tourism in Thailand is growing by 20% per year, and Thailand's islands such as Koh Samui attract the largest share of visitors. This is the reason why high-end Said resort property on islands has become a big hit on the real estate, investment front.

The additional plus point for an investment in Thailand and other Asian countries to see massive growth driven by tourism, is the fact that most of the regional tourism - on the backs of dirt-cheap international connecting flights. This means that even if global markets continue to slow, and people stop to go abroad, the money potential of Thailand properties are not affected. "

Maenam Hills Resort is a development of two bedroom luxury villas. Each villa has a decked terrace, and access to all the resort amenities, including a communal pool. Koh Samui is very like Phuket, the sharing of beautiful white sand beaches and tropical vegetation-filled landscapes. Phuket properties are now available for 3-4 times what they were 4 years old, and this is a further guideline for the projections of Koh Samui is still much success.

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