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Istanbul Property Ranked Best Investment in Europe
February 2012
According to 600 of Europe's biggest property investment players, Istanbul is the best place to invest in property in Europe...

Egypt Property Market Looks to Recovery in 2012
January 2012
Egypt is looking forward to a bright new future, and there are high hopes its property market will recover this year...

Turkish Budget Deficit Falls by Over 56pc in 2011
January 2012
Turkey's budget deficit fell by an enviable 56.5% during 2011 compared to 2010. Finance minister Mehmet Simsek stated his belief that Turkey has now recovered from any and all effects of the global cr...

HSBC Report Positive about Egyptian Economy
January 2012
HSBC's Global Asset Management Outlook report for this year is optimistic about Egypt's economy and believes it will show positive growth after last year's uprisings...

Investment in social housing in Brazil make sense
January 2012
The general consensus amongst experts and investors alike is that within the next few years Brazil will become one of the world’s leading tourist destinations...

Turkish Exports Hit Record High in 2011
January 2012
In 2011 Turkish export earnings hit the record high of $135 billion. This is an increase of more than 18% compared to 2010 when exports reached $114 billion, and significantly better than 2009 when ex...

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Duquesa Village - 65 per cent discounts

Costa Del Sol  -  Spain
Duquesa Village UP TO 65% DISCOUNT AND UP TO 100% FINANCE!! We are pleased to offer 2 and 3 bedroom apartments in thi ...

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Thailand Property Still a Good Bet for Overseas Investors

Posted On: 01/07/2009

Thailand Property Still a Good Bet for Overseas Investors
Overseas property specialists Azure Overseas recorded a 16.8% rise in interest for Thailand property in May, with a 3% increase in sales. The rise comes as it emerged in April that some Thai property sectors were beginning to recover from the global downturn.

"Despite the fact that the IMF predicts a 3% contraction in the Thai economy this year, the lower end property sectors, and construction industry have been showing signs of recovery since last month," said Frank Crowley, Azure director.

"The current downturn gives investors to get some of the new luxury off plan developments at low-end prices, because the developers have been forced to re-evaluate their launch prices," he added.

Frank went on to say:
"In any case, in an international downturn of the magnitude we are facing today, a forecast, even from a major body like the IMF is still only a better-sounding word than saying an educated guess.
"For instance a large portion of Thailand's growing GDP in recent years has been from tourism, so this will have been chalked up as a sector to shrink this year, which would be greatly detrimental to Thailand's economy."
Frank went on to explain how the majority of Thailand's tourism growth has came from within the region, especially to its tropical islands of Koh Samui and Koh Phangan. And how Asia, as a region is still emerging, with China's economy expected to grow by over 6% this year, and India's by 4.5%.
"Thus there is a chance that tourism will still contribute massively to Thailand's GDP this year, and thus save the country from contracting as badly as the IMF guesses," Frank concluded.

Azure Overseas is currently marketing Thailand property for sale, prices start from under £20,000.

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Napitia Hills


Calabria - Italy
Napitia Hills is perched at the most elevated point of Pizzo providing each property with unobstructed panoramic sea views over the town itself. Within a 15 minute walk you can enjoy the day to day li...

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Tiba Paradise - New Launch!!


Hurghada - Egypt
New Release - Tiba Paradise is the 6th Tiba Project by the highly successful local developers. The project is located in the up-and-coming Al Ahyaa district in a region that is close to Hurghada and a...

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Below Market Value Condos


Florida - America
This ground floor, 2 bedroom / 2 bathroom, 912 sq ft condo has a fully fitted kitchen including washer/ dryer, spacious lounge with dining area leading to a private patio. The master bedroom has an en...

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Elegant Golf Residence - Key Ready


Belek - Turkey
These modern contemporary apartments are situated in a prime area in Belek - Turkey's Golfing Mecca. Not only cosmetically but also with the advanced construction and architectural techniques to be us...

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Laguna Beach Resort 2 - fully furnished


Pattaya - Thailand
Hot on the heels of Laguna Beach Resort Jomtien, Pattaya’s most successful resort condominium now over 75% sold out, we are commencing pre-launch sales for Laguna Beach Resort 2. Laguna Beach Reso...

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G-Cribs in El Gouna free furniture pack


El Gouna - Egypt
Uniquely situated within the Mansions area in the established resort of El Gouna, the fresh G-Cribs project has come to introduce the concept of youthful style to the area, offering studios, apartment...

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Kusadasi Spa Village Resort - furnished


Kusadasi - Turkey
Fully furnished apartment on stunning development On the Aegean Coast of Turkey is an unspoiled area of natural beauty, an area of historical and natural containing thermal springs built far away ...

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Eco House Developments 20% anticipated return


Natal - Brazil
Invest in social housing in Brazil with an anticipated return of 20 per cent in 12 months. What deposit accounts will offer this return over 1 year? Investment Facts • Minimum investment just ...

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