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The Koh Chang Property Market

Jan 8, 2013

Times are changing fast in the youthful Koh Chang Property Market. Koh Chang has only recently developed as a tourist destination and so has only experienced large scale growth in hotels and tourist visits over the past ten years or so. Whilst there has been an explosion in the number of hotel beds and related tourist businesses the potential for residential property construction, with a few notable exceptions, has remained untapped. If you consider the histories of development of Thai resorts like Koh Samui, Phuket and Hua Hin that have been growing for ten or twenty years longer than Koh Chang then the next wave of development is set to see huge demand for housing and condominium development. There are certain factors unique to Koh Chang that have major effects on how the property market will develop. The first is the fact that Koh Chang lies within a Thai Marine National Park. Around 70-80% of the land area of the island falls within national park control and, since it is under government ownership, it cannot (at least in principle) be developed. Also, the Thai Navy own large tracts of land on the island. Add to this the fact that a […]

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Buying Property in Thailand

Oct 27, 2012

Advice on Buying Property in Thailand The following is a brief excerpt from our comprehensive guide to all aspects of buying property in Thailand. Go here to read the full guide and download a PDF copy. Looking at investing in property or a business in a foreign country can at first seem a bit daunting. Different countries have different ways of dealing with property ownership and it can take a while to get used to the systems and rules and regulations concerning property ownership in Thailand. Here we try to give you a basic introduction to the systems, laws and general practises of the Thai property market. We will try to help you understand how and why things work and mention some of the common pitfalls that need to be avoided. But this is just an overiew and laws and regulations can often change so you shouldn’t treat this as your only source of information, which leads us to our first piece of advice below. Use a Lawyer! Lawyers are professionals who you pay to represent you in your property purchase. A good lawyer will have access to all the latest rules and regulations as well as information on the […]

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