Real Estate

What makes a good rental villa?

What makes a good rental villa?

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The more sought-after the location, the more the rental appeal which will normally convert to good rental rates and solid occupancy levels. Not everyone who has gone through the process of owning or building a villa will want to rent it out.  Even if you don’t, rentability can have a […]

Luxury property on the hillside of Ao Sane to be partially demolished

Luxury property on the hillside of Ao Sane to be partially demolished

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As the entire project reaches about 12 meters in height, part of it will be required to be removed. The 12-meter high beach villa project on the cliff at Ao Sane has been proven to be illegal according to the Ministry of Natural Resources and Environment. The owners have been […]

Chinese buyers revel in Thai property

Chinese buyers revel in Thai property

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PHUKET: Thailand is attracting the lion’s share of outbound investment in Southeast Asia from mainland China, with Phuket no exception, reports the key online property portal Juwai.com. Juawai, the largest source for global property in Chinese language with over 2.5 million property listings spanning 89 countries, noted in its “Chinese […]

From Russia with Love. Russian buyers on the rebound.

From Russia with Love. Russian buyers on the rebound.

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Rolling into 2017, the reality is when speaking to both developers and agents the feedback is that a growing number of Russian real estate buyers consider Thailand a safe offshore investment haven. From Russia with Love might is a James Bond 007 thriller but it has also been a mantra […]

Krathing Cape property constructors given 30 days to clarify plans

Krathing Cape property constructors given 30 days to clarify plans

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PHUKET: The Phuket branch of the Internal Security Operations Command (ISOC) yesterday ordered that new construction plans for the eyesore construction site on Krathing Cape be drawn up and clarified within 30 days. Deputy Director of the Phuket branch of ISOC Capt Boworn Phromgaewngam led Rawai Mayor Aroon Solos and […]

Thailand’s hotel investment volume exceeds B10bn

Thailand’s hotel investment volume exceeds B10bn

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BANGKOK: Direct investment in Thailand’s hotel sector reached B10.7 billion in the first half of 2017, according to JLL Hotels & Hospitality Group. The figure is attributed to four major transactions, comprising five hotels in Bangkok and Pattaya. “As a comparison, 2016’s full-year investment volume was only B 9.6bn,” noted […]

Construction of Phuket coastal view eyesore resort ordered to stop

Construction of Phuket coastal view eyesore resort ordered to stop

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PHUKET: Rawai Municipality has ordered construction to stop on a collection of buildings likely to become a resort on a popular coastal road at Nai Harn, on Phuket southwest coast, after discovering that parts of the buildings breach the project’s building permit. Rawai Mayor Aroon Solos issued the order to […]

Phuket shines in new property awards

Phuket shines in new property awards

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PHUKET: Phuket developers and residential projects shone brightly at the inaugural Dot Property Thailand Awards 2017 last week, winning Best Developer and scoring multiple awards for a slew of other projects. Organised by online property portal Thailand Property and the Dot Property Group, the awards honoured the best projects, developers […]

B3.5bn retirement community inked for MontAzure

B3.5bn retirement community inked for MontAzure

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PHUKET: An upmarket senior living village valued at approximately THB 3.5 billion (US$100 million) will be integrated into Phuket’s rapidly expanding MontAzure mixed-use development in Kamala as the project fast evolves into one of Asia’s most exceptional luxury lifestyle communities. Kamala Senior Living Co Ltd, a partnership between Thai property […]

Condo group warns of ‘fly-by-night buyers’

Condo group warns of ‘fly-by-night buyers’

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BANGKOK: Condo developers should be wary of “speculative” buyers in the high-end segment who may opt out of buying the units once a project is completed, says the Thai Condominium Association. President Prasert Taedullayasatit said the condo market is seeing a growing number of speculative buyers in middle- to-higher-end projects […]