Thailand could become a 'hot' location for property investment
Thailand could prove to be a hot spot for property investment in the future, it has been claimed.
Investors Provident said that the country was popular with investors buying for pleasure because it represented a "nice holiday destination".
The company added that, by contrast, property in places such as Kuala Lumpur were viewed more from a business angle.
Hetal Shah, director of Investors Provident, commented: "For us, Thailand is more of a holiday thing, so not so much Bangkok but more in places like Phuket, for example.
"There are a number of villas and apartments on the beach and it's just a getaway place really."
Mr Shah added that, while Thailand's property market was "up and down", the fact that a new government was going to be put in place could prove to be beneficial.
"If the government policies are in line with what the market wants then it is going to be one of the hot places to put your money."
Overseas Property News posted on 29/01/2008 18:15:23
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