Already popular in more developed markets, the trend towards fractional ownership is growing in Phuket, and in the current economic downturn, it offers opportunities to enjoy luxury products that might otherwise be out of reach. Bill Barnett traces the emergence of the fractional phenomena. Legally speaking, Thailand does have consumer…Continue reading
Thailand’s first world-class luxury marina community Royal Phuket Marina has completed its latest development phase, bucking the property trend with 12 of the 15 luxury properties already sold. Continue reading
Leading Thailand’s real estate service provider CB Richard Ellis is urging the country’s newly-elected democratic government to introduce “a more welcoming policy” for foreign property investors.
Thailand’s return to democracy following 15 months of military rule has already “sent a clear and positive message” to the property market, said David Simister, Chairman of CB Richard Ellis Thailand. Continue reading