By Tom Whale – Account Manager for Thailand at Rightmove Overseas
Year on year, we have seen searches for Thai property rise 68% on Rightmove Overseas. One possible reason for the increase in awareness could be buyers shying away from the economic uncertainty in Europe and weighing up the low priced properties available in the Southeast Asian Republic. Although Thailand suffered from political tensions in 2010 and floods in late 2011, this seem to have failed to deter buyers looking to buy in 2012.
Phuket has been at the sharp end of this renewed interest, with 1 bedroomed apartments being advertised from £50,000, it’s not surprising to see why. The large majority of our users are looking at newly built condo-apartments in well-established resorts such as Phuket, Pattaya or Koh Samui, where not only is the cost of living low, but rental opportunities high.
You can browse great value properties from a number of different agents selling in Phuket on Rightmove Overseas, such as Jones Lang LaSalle and CB Richard Ellis. Other areas popular with UK buyers on our site are Koh Samui – where we work with Kalara International Properties and also Pattaya, where we display a great selection of properties from Greendoor Enterprises, Heights Holdings and also Coastal Real Estate. The above mentioned resorts enjoy the status of the most popular destinations for property buyers in Thailand, so coupled with the low property prices, affordable flights and recent stability within the country, we predict Thailand to feature heavily in the minds of overseas property buyers in 2012.
For more information, feel free to call me on +44 1908 308546 or email Thomas.Whale@rightmove.co.uk