Global and domestic crises are worsening and moving through the
first quarter of 2009 the market outlook forecasts an extremely
challenging property market in Samui and other key resort areas
in Thailand, according to C9 Hotelworks latest Samui Luxury
Villa Market Report.
"The evolving tourism sectors and broadening access to Samui
introduce a new set of potential investors to the islands real
estate market, and with changes to how the island is governed it
may well alleviate concerns about necessary infrastructure
development and other local issues," said Bill Barnett, Managing
Director of C9 Hotelworks,, More
About C9 Hotelworks
C9 Hotelworks is an internationally recognized hospitality consulting firm specialising in the Asia Pacific region, strategically based in Phuket, Thailand. The company is led by Founder and Managing Director Bill Barnett, who has over 23 years of "on the ground" experience in the region and the core business focus is tourism, hotel and property development.
C9 Hotelworks represents the best interest of owners with hospitality assets through independent consultation and advice which assists owners when evaluating hotel operations, management and returns. Analyzing research, forecasting and advising C9 Hotelworks have the skill set and background to focus on key issues, evaluate complex ones and assist their clients in achieving solid results.
www.c9hotelworks.com
Thinking of investing
in Thailand? Compare costs with
Europe.
Here's food for thought. If you
are looking at Thailand as a
real estate or second home
investment, compare the average
prices here with those in
beautiful downtown Europe. The
property firm Era Immobilier
has just released the results of
a survey. Although not
checkable, these figures tell a
rather chilling tale, unless of
course you enjoy European
weather as well as deep pockets
in your parka. Anyway according
to the survey the most expensive
place to buy real estate is-wait
for it-not London but
Luxembourg.
London dear
prospective investor has been
relegated to a lowly fifth place
in the real estate premiership.
The runner up position goes to
Bern, the Swiss capital, with
Madrid coming in third and
another surprise (at least to
me) Dublin, earned fourth
position. The lowest cost place
to buy real estate is Brussels
(at least among capitols) while
Athens vied for top spot in the
bargain buys department. Oh yes;
it costs Euro 470 thousand to
buy an average property in
Luxembourg, while Brussels is a
measly 182,000. Athens wasn't
far behind at 182,000 give or
take. Now compare that with
prices in the lovely Land of
Smiles.
Thailand is soaring in popularity among global travellers.
Besides its
rich culture, the country - particularly Bangkok - is a center for
fashion designers and innovative architecture.
The best way to
experience "the land of the free," is to buy wyndham timeshare, allowing for longer stays in more
luxurious accommodations than many hotels.
Purchasing with an exchange
company like RCI timeshare will allow you to move about all of
Thailand and Southeast Asia.
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