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Posted On: 01/07/2009
Azure Overseas Announce Brave New Thailand PropertyOverseas property consultants Azure Overseas have taken the bold move of bringing a Thailand property onto their books despite the country’s tumultuous political landscape.The new Azure listing is in Pattaya, 140km south of the capital Bangkok, where the political unrest is centred. At a time when many commentators on overseas property are advising investors to ignore the doom and gloom and think about the opportunities that are available on what has become a “buyers market”.Because of the doom and gloom global financial outlook, on top of Thailand’s political woes, Azure Overseas’ new Pattaya property could be one such opportunity; with studio apartments on a first class beach-resort available from just £18,976. The resort development will feature Metropolitan-like dining with thousands of restaurants, coffee-shops and bars to choose from, as well as:• Parks and entertainment facilities for all age groups.• Shopping Malls stuffed with an assortment that comes from all corners of the world and are open from early morning to night time.• In addition, there is an array of sports you can exercise and recreational activities such as beaches, golf courses, tennis courts, go-kart, gyms for working out, horse riding and traditional Thai Boxing.The development is a great example of a Thailand off-plan property and so still potentially offers immediate growth potential of between 10 and 20%. Political troubles aside, Pattaya is a growingly popular tourism destination, especially with regional tourists. Because of that and its gulf-of-Thailand location, offering year-round-warm climate, such value-for-money property as Azure’s could fetch rental yields of 6% upwards fairly easily.Some analysts predict Thailand’s political landscape to stabilise over the next few years, which could mean a revitalised boom in Thailand property, especially in emerging markets like Pattaya.About Azure OverseasAzure Overseas is one of the highest regarded overseas property consultants because of their dedicated after-sales care, and stringent market research/due-diligence. They therefore offer some of the most attractive properties and investment opportunities, largely at the most attractive prices.
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