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Archive for the ‘national news’ Category
Further to our last post on this subject in late March, due to the recent problems in Bangkok, the reduced transfer fees which are charged at the land office on transfer of ownership of immovable property have been extended for a further month (until June 28th 2010), providing a further opportunity to save money for those looking to purchase a condo, villa, or holiday home in Thailand. [...]
Now that the troubles have died down the enquiries for property in this area of Thailand appear to be picking up once more, an indication that this area will, as before, continue to buck the trend in respect of the world economic climate and continue to be a growth area where property investments have good upside potential and very little downside risk, offering potential investors a good opportunity for profit from their investment in the short to medium term, something which is not so easy to come by in other parts of Thailand or indeed the world. [...]
The public protests get out of hand in Bangkok as the deliberate destruction and acts of terrorism are shown on TV around the world serving to scare off tourists and do lingering damage to the Thai economy. [...]
Timing the point when you exchange money on the foreign exchange market can make a huge difference to the buying power which you will have in the local currency when considering foreign investment in a property purchase abroad [...]
Is Thailand a risky place to invest in property at the moment? Whilst there has been some political instability of late, for example the temporary closing of the new International Airport in 2008, this tends to get blown out of proportion by the foreign TV and press whose primary aim is to increase viewing statistics and sell papers. [...]
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