Wednesday, February 18, 2009

Thailand Property STILL on Top !


According to the monthly TheMoveChannel.com Investment Property watch chart Thailand is still showing incredible resilience compared to other global investment property markets.

Thailand showed as the global leader during December, and only slipped to second spot in the January table, being pipped at the post by Egypt, which is an incredible achievement in the light of the national upheavals caused by the airport closures & general turmoil felt within the country.

Add this to the ever strengthening Thai Baht compared to the US$ & UK£, and you see quite a strong potential for growth AND returns !!.

The countries continued high ranking of second place in January shows the “Land of the Smiles” is still indeed an hot spot for property investment !.

Egypt’s emergence as a “hot choice” for international property buyers is directly linked with low prices, considerable upside and good rental returns proving attractive.

Add to this recent reforms that have made property purchasing much simpler and it is understandable why Egypt has taken home the gold for the January list.

However, despite a number of challenges in recent times, Thailand´s popularity remains strong on the back of a tourist industry seen as world class and offering reasonable prices & still strong value for money potential.

Other countries in the top 10 included Turkey (3), Dominican Republic (4 and 10), Sri Lanka (5), UAE, (6), USA (7), and Brazil (8 and 9).

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