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Thailand receives consistent interest from foreign property investors

Thailand receives consistent interest from foreign property investors

Thailand receives consistent interest from foreign property investors

An increase in tourist figures is being taken as a signal that Thailand is set to see a rise in demand from overseas buyers for the condo property market, particularly in popular spots such as Bangkok.graph

When the final figures are released they are expected to show that almost 30 million people visited the country in 2016 and tourism officials say they expect 32 million in 2017. Asians are now considered one of the big spenders in relation to overseas properties and as well as looking at Europe they are also looking nearer home in places like Thailand.

Tourists quickly convert to property investors as they fall in love with the year round 30 degree sunshine and legendary scenery. Also living costs are a third of those in Europe.

Reports suggest that the condo market in Bangkok has grown by 20% in the past two years. Bangkok has seen an increase in Asian buyers. The Chinese lead the way with 30% of buyers in the Capital and the number of Indian buyers also increasing.

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Angel Real Estate Consultancy

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