Thursday, May 17, 2012

Thailand property management for condo investments | Re Develop ...

One of the most popular ways throughout history to invest money has been real estate. After all that is why its called ?real? estate because of the physical and lasting nature of the investment. Asia?s real estate market is exploding because of the massive amounts of untapped land and massive demand from local and tourist populations for new housing such as apartments and condominiums. Thailand is at the front of this economical surge being one of the Tiger Cubs whose economy is modeled after Korea, Taiwan and Hong Kong. Thailand however has tons more land, a much larger economy and much more potential over the long run. I suggest you consider buying condos in Pattaya because this town in particular is growing rapidly on Thailand?s eastern seaboard. The reason why Thailand real estate is so popular is because the Thai government doesn?t allow foreigners to buy land or houses outright, but condo units are fine. So it drives a huge condo market in the tropical and mysterious beachfront and tourist areas such as Pattaya, Phuket, Hua Hin, Krabi, Koh Samui and more.

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