Thailand property market set to see increasing foreign investment

Things are looking up for the Thailand property market, with respect to foreign buyers that is. This is because the news on the country and its economy is once again in the green territory.

Firstly the recent research report by the highly regarded Global Property Guide has put Thailand on its list of recommended investment destinations on the basis that its political crisis would inevitably end and leave a favourably low cost environment for eager investors.

Secondly the political situation is indeed beginning to calm back into normality once again, although, with Thailand, in particular Bangkok, you never know how long it will last but always hope that this time it will be forever. On this occasion it is unlikely to be a permanent calm.

The other news is that Thailand is entering a new set of bilateral agreements with Turkey. Turkey is set to be the fastest growing economy in Europe and one of the fastest in the world in the coming months to years, making Thailand linking up with it inevitably a good thing for the Thai economy.

Thailand’s property market saw a massive foreign investment boom in the early noughties, with the focus being almost solely on the capital Bangkok, where property prices grew by over 100% in 4 years.

Now that prices have fallen again due to the financial crisis and the political crisis, Thailand is undoubtedly likely to bring some high yielding property investments over the next 4-5 years. Though, with the political situation as tinder-dry as it is, it will be an investment not for the faint hearted.