Thailand has always been one of Asia’s best tourist spots with best in class destinations which include enchanting cities like Bangkok and Chiang Mai to beautiful island getaways like Phuket and Phi Phi Island. The country tourism industry has seen tremendous growth with no signs of cooling down especially. The exposure created by Hollywood studios using Thailand as a shooting locale as also contributed to the increase in tourism dollars as well as the availability of low cost carriers all over Asia making air travel much more affordable. This makes it the perfect time for investing in the Thailand with more and more investment providing good returns of capital.
The boom in Thailand’s real estate market can largely be attributed to aforementioned increase in tourism activity as well as other cultural, sociopolitical and economic factors. All these factor contributed to making an investment in Thailand’s real estate market an interesting and profitable one. Among the factors include:-