Archive for the ‘Thailand’ Category

Is Samui good for investment? See for yourself.

Saturday, February 7th, 2009

The tropical island of Koh Samui lies south of Bangkok, just one hour away by plane. Many tourists return here year after year for its natural beauty and white sandy beaches. There’s not just Samui to explore either. On your doorstep you will find Koh Phangan which hosts the famous Full Moon Party, the Angthong Marine Park, small inhabited islands which will take your breath away and Koh Tao, voted one of the best diving sites in Asia. The high levels of tourism makes Koh Samui an attractive place to invest in property. Koh Samui has always been known as… Read more »

Luxury Phuket Residence changes tactics

Thursday, February 5th, 2009

Considering the current climate one developer is doing particulary well in Phuket, especially as the  starting price for a luxury 2 bed apartment is 27.2million baht (£494,500). An article in this months (February) Thailand Property Report gives a reason why: Phase 3 of Allan Zeman’s luxury residential project in Phuket, Andara has now been launched and the legendary Hong Kong businessman says he is pulling out all the stops to ensure the continued success of the project. Following the sold-out completion of luxury villa phases 1 and 2, resort residence phase 3 will feature 37 apartments in 12 rai of… Read more »

Rescue plan cuts visa fees

Sunday, February 1st, 2009

The government plans to waive visa fees for three months, cut the landing fee by up to 50% for airlines, and waive property tax for hotel operators for this year in a bid to revive its key tourism industry, which has been battered by political turmoil that culminated in the occupation of Bangkok’s two airports late last year. The measure will be proposed to the cabinet for approval next week. According to a source from the Government House, a 50% cut of landing fees would be applicable only to state-run airports and the drop would be in addition to a… Read more »