Selasa, 25 Oktober 2011

Investment in Thailand Real Estate



Phuket is one of the last sanctuaries of the world where you can safely invest in real estate and get a nice return on capital.

Currently more than 250 new developments happening on the island (January 2008) and more to a property boom here is still in its infancy. All developments selling well and remarkably fast, and many are already sold out, and it moves to new developers. Most experienced brokers and developers in Phuket sees no end in sight to the property boom here, and many see at least 10 years of growth ahead, if not more!

Why invest in Phuket?

Phuket undoubtedly become a new playground in Asia and although the small island (550 km square) has all the modern conveniences, including international hospitals and schools, modern infrastructure and roads, broadband communications, beautiful beaches and scenery, the finest hotels and restaurants, international shopping malls and friendly hospitable people, relaxed living and little crime, and last of all a warm climate throughout the year. Several new marinas and golf courses also are being built.

How does it work

When you are buying off plan (as opposed to resale property), you can lower the reservation deposit to reserve the land, villa, condo, etc., and then usually within 30 days after seeking legal advice and contracts are reviewed and due diligence carried out, [Siam legal Advice] you sign a contract and pay the first installment of something between 15-30% of the selling price, and the rest during the phase of the payments based on construction completion until the end which is usually about one year, therefore, for most events. By buying this way you will get the opportunity to purchase up to 30% or more below market value. The reason you save so developers want to attract customers who are early in no hurry to occupy the property, but to understand the benefits and significant savings to buy early. This helps the developer with early customer confidence and provide a capital injection and security for the bank and helped finance the projects. This case is WIN WIN for all parties! During the build phase, it is normal for prices to rise significantly due to material cost increases and to allow the developer and the customer to maximize their return. It is only right that those who buy first, pay less than those that buy the last one.

Investment return

The above example shows that for a small outlay you can extend your payments over a year and get a big capital gain, even before you move in! Many investors not only to flip and sell the property soon after. However, it is probably wiser to stick to that as prices increased by 15-20% per annum plus materials inflation, Phuket property makes it a very sound investment indeed in the longer term. You can also rent out the property and receive rental income as well.

Investment Summary:

rental yield returns of 8% guaranteed for 5 years!

Does your bank offer the same return on a deposit or savings account?

There are several places in the world far better investment than in Phuket, Thailand.

Phuket is fast becoming ground in Asia and offers savvy investors the best opportunities for investing in real estate.

First, the cost of living is about a third of that in the UK and other European countries. There are many exciting and value for money off plan projects that are developed from condos to luxury villas in Bangkok, Phuket, Pattaya, Koh Samui and Hua Hin.

In addition, buying real estate as an investment, you have the added advantage of vacation in paradise.

Land has doubled in price over the past 3 years and still show no slow down and land stock is available. Beach front land is now at a premium in every place.

investors, retirees, second home buyers are cashing in with all the amazing equity returns up to 40% on their original investment.

Set up your property in the rental pool can offer a rental return of up to 8% per year or more.

Subject to individual project bid and T & C

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