Buy a House in Thailand - Absolute Real Estate information on Thailand investments

You can rest assured if you are looking to buy a otelouse in Thailand, the Thai market has been growing at an impressive 10-15% per annum on average, a steady and maintainable pace. In contrast with the world’s relatively few destinations boasting year-round sun, high temperatures and calm seas, Thailand investment still delivers excellent value.

What’s more, the country’s solid infrastructure, location within the heart of Asia, and hard working population all contribute to the government’s 7% economic growth target for 2012.

Thanks to our unrivalled expertise on the ground in Asia, Absolute Real Estate is there to guide you through every step of buying your dream property – whether it’s a lifestyle choice or a long-term investment you can buy a house in Thailand with complete peace of mind.

In addition to acting as the gateway to many independent properties, we offer you the opportunity to purchase our signature Absolute properties, with fantastic Thailand investment potential. Opting to invest with us will open the doors to the add-on rental programmes of our sister brands Absolute Resorts and Absolute Destinations.

WHERE IS THAILAND?
Thailand is in the heart of South East Asia, bordered by Myanmar, Malaysia, Laos and Cambodia. Its capital is Bangkok and its time zone is GMT +7 hours.

WHERE IS PHUKET?
Phuket is Thailand’s largest island and approximately the size of Singapore. Situated off the west coast of Thailand in the Andaman Sea, the region has an area of approximately 570 sq km and is comprises 1 large island and 39 small islands.

WHERE IS PATTAYA?
Pattaya is a city on the eastern coast of the Gulf of Thailand, some 145 kilometres (90 miles) from the Thai capital, Bangkok. The new Suvarnabhumi International Airport, located 30 km to the east of Bangkok, is even closer.

WHERE IS KOH SAMUI?
Koh Samui, off the east coast of Surat Thani in the Gulf of Thailand, is the country’s third largest island. With an area of 228.7 sq km, it is 25 miles across at its widest. Just off the southern neck of Thailand, it is north of the border with Malaysia.

WHICH AIRLINES FLY TO THAILAND?
Bangkok is served by all the world’s major flag carriers, including British Airways, Air France, KLM, Lufthansa, Aeroflot, Eva Air, SAS, Singapore Airlines, Cathay Pacific, El Al and, of course, Thai Airways. There are many direct daily flights from Bangkok to Phuket, provided by domestic carriers such as Thai Airways, Bangkok Airways, and Thai Air Asia. In addition, many international airlines fly direct to Phuket including Cathay Pacific Airlines, China Airlines, Korean Air,
Tiger Air, Virgin, Dragon Air, Silk Air, and Malaysia Airlines.

Pattaya is an easy two-hour drive from Bangkok, which is also accessible via excellent rail and bus links. The city features a small airport, which is mainly open to private flights.
Koh Samui’s airport boasts daily flights to Bangkok, Hong Kong, Singapore and Kuala Lumpur, with direct flights to Dubai, Shanghai and Bali in the pipeline.

WHAT IS THE POLITICAL STRUCTURE OF THAILAND?
Thailand is a constitutional monarchy and its King is the head of State. The country is a democracy and its Prime Minister is the head of government.

WHAT IS THAILAND’S POPULATION?
Over 63 million.

WHAT IS PHUKET’S POPULATION?
Over 1 million.

WHAT IS PATTAYA’S POPULATION?
Over 104,000

WHAT IS KOH SAMUI’S POPULATION?
Over 50,000

DO I NEED A VISA TO GO TO THAILAND?
Many non-Thai residents require a visa to stay in the country for more than 30 days. However, most African countries require a visa to enter Thailand. Cyprus, Czech Republic, India, Maldives, Oman, Poland, Russia, Saudi Arabia, Taiwan and Ukraine are allowed 15 days under the visa exemption.

A Non-immigrant Visa is valid for up to 90 days, but can be extended for up to a year at a time, depending on eligibility criteria. Retirement visas for the over 50s are readily available, subject to certain other criteria, tourist visas for stays of more than 30 days and less than 60 days, while work permits for those with specific skills can be applied for at the Thai Embassy or consulate in your home country.

HOW HAS THE THAI PROPERTY MARKET PERFORMED?
Capital uplift in recent years has been up to 10-15% per annum. The Thai property market has not become overheated and still offers excellent value globally.

WHAT IS THE CLIMATE IN THAILAND?
In general, Thailand’s climate is tropical, high both in temperature and humidity, but there are major regional differences.
Phuket enjoys year-round good weather with the dry season lasting from the end of November through to May.

The change in wind direction then brings a warm but occasional rainy spell and until the dry season returns, making Phuket and its surrounding islands a favoured holiday destination throughout the year.
Koh Samui is warm and balmy during the whole the year with regular, short rainfalls, and a climate slightly drier than that of Phuket. The rainiest months are October and November, with February being the driest month.

Pattaya too enjoys reliably high temperatures all year long. The dry season lasts from November to February, with March to May being more humid, and June through October tending to be the months with the most frequent rain.