The Thailand Market

When literally translated 'Thailand' means “Land of Smiles” and in such a friendly country one cannot help but feel welcomed.

The country is roughly the same size as France at 514,000 km2 and borders Myanmar, Laos, Cambodia and Malaysia in the south.

The population is around 65 million of which roughly 14% are of Chinese descent.

The country boasts fantastic beaches and resorts and with over 3,200 km of tropical coastline it is little wonder that Thailand continues to be a  popular destination for second home owners and those looking to re-locate for a better lifestyle in the tropical warmth of SE Asia.

Healthcare and schooling are of a high standard and modern amenities are readily available.

Bangkok, the capital, is a huge modern cosmopolitan city with palatial high rise condominiums fitted to high European standards, hundreds of modern office towers and shopping centres. The contrast being that they may be located next to a less developed area.

A new modern airport, Suvarnabhumi, has now opened on 8,000 acres of land just 25 kms outside of Bangkok. This is a city that never tires and never rests. There is something for everyone and one of the most exciting places on earth.

The country relies heavily on agriculture and tourism as two of the main income earners for the country, and its no wonder that with so many beautiful resort and city locations to suit everyone that Thailand is a leading holiday and 2nd home residence for so many.

Key foreign residential markets are the nations capital, Bangkok whilst Pattaya on the Eastern seaboard is also popular. More peaceful and quite destinations 'up country' such as Chang Rai & Chang Mai continue to draw foreigners as does the increasingly popular seaside areas of Cha Am and Hua Hin where His Majesty and the Royal family have Royal Residences.

The key island destinations are of course Phuket which is aptly named the 'Jewel of the Andaman' and is the No. holiday and resort destination of Thailand with 6-7 million visitors annually and some of the most luxurious beachfront and sea view property available anywhere in the region.

Other popular island destinations that are seeing more and more development and high-end residences are Koh Samui, Krabi and Koh Chang.

All key city and resort destinations offer something for the investor or 2nd home buyer and as such Thailand continues to see both local and foreign investment in property segment.