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Phuket real estate

Posted March 14, 2012 by Company Vauban in Thailand News | No comments yet

Phuket real estate – owning a slice of the world’s favourite island

Phuket real estate ranks among the world’s most rewarding investments. With the island’s resilient tourist industry, which has shrugged off even the global downturn, real estate owners are sure of strong returns as well as an amazing lifestyle.

Phuket real estate also offers one of the most varied offers in property, with real estate options suited to the vast range of vacationers that find their perfect break here.

By Phuket’s stunning white sandy beach of Bang Tao, real estate investors can pick up condos targeted at rental gains and offering a guaranteed return of 6% per year for three years. But the exclusive east coast could appeal most to real estate purchasers seeking tranquil, low-density condo and villa projects in natural surroundings.

The many airlines now flying directly to Phuket have helped its tourist industry maintain high occupancies throughout a global slowdown. Phuket real estate also offers a host of amenities and leisure options.

On top of its justly famous beaches, Phuket provides a paradise for golfers – Blue Canyon is one of several courses with a worldwide reputation. The excellent health care standards of the Bangkok Hospital Phuket also pull in international patients.

Phuket real estate is also underpinned by marinas like Royal Phuket Marina, world-class education at schools like Phuket International Academy, sophisticated malls such as Central Festival Phuket, Junceylon and a spectrum of wonderful dining options.

The delights of the natural environment include the jungle-clad hills of Phuket’s interior and the spectacular islands of the yachting paradise of Phang Nga Bay.

Investors in Phuket real estate can leverage these attractions into solid rental returns and substantial capital gains. Many projects offer guaranteed rental incomes of up to 6% per year, sometimes along with developer financing. Annual appreciation of 9% is not unusual and further gains can be found by buying off-plan.

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Phuket real estate

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Investment visa

Posted February 19, 2012 by Company Vauban in Thailand News | No comments yet

What to do with 10 million baht?

The downturn has had a definite upside for anyone planning to relocate in Thailand. To woo foreign investors, the government has revived the investment visa, which was first introduced in the aftermath of the catastrophic Asian Crisis of 1997.

In common with many countries around the world, Thailand is keen to attract well-off retired and semi-retired foreigners who can appreciate its phenomenal quality of life and, in return, give the economy a boost.

In November last year Thailand made its killer move in the global scramble for high-quality residents by introducing an attractive new visa – albeit one with a price tag of 10 million baht.

The investment visa offers the right to live in Thailand to anyone bringing 10 million baht into the country and putting it into property, government bonds or an account in a Thai bank – or any combination of those three that hits eight digits in baht.

Holders are prohibited from earning a wage in Thailand, but should get an unlimited right to stay here – as long as they remember to renew their visa annually.

Expats who took up the earlier version of the investment visa – which required an investment of only 3 million baht – still have the right to live in Thailand even after their visa was abolished in 2006.

Another attraction is that the investment visa has no age restriction. The retirement visa – which requires a monthly income of 65,000 baht or an 800,000-baht bank deposit – is only open to foreigners who are at least 50 years old.

So, the problem is: where to put your 10 million baht?

Unsurprisingly, as a real estate agent, I am going to say your best bet is property. But it is, anyway. For a start, it saves on rent. The return is also way above what bonds and bank deposits are offering.

Your options with 10 million baht in Thailand’s current property market are also fairly broad. This is not a tremendous sum for many expats – it works out at about €200,000, $300,000 or £180,000 – but it can get a desirable property in Bangkok or in Thailand’s resort destinations.

Bangkok residents with an eye on investment should consider that 80% of expats are looking to buy or rent one- and two-bedroom properties on Sukhumvit. At the moment, two-bedroom condos near a skytrain station are about 90,000 to 120,000 baht per square metre.

Alternatively, 10 million baht could get you a villa at the seaside, with a swimming pool and 800 square metres of ground (although your ownership rights are much less clear than with a condo).

But the best of both worlds could be to pick up a pair of condos: one in the city and another in a resort town. This can open up an income stream as well as cheap weekends at the beach.

Rental incomes of between 5% and 7% are quite feasible in Thailand – way above what most markets can offer.

If you opt to buy in a resort and are looking for a return, you should consider what the market wants – which is to be as near the beach as possible. A beach-front studio usually trumps a one-bedroom condo that is a kilometre away from the sea – although being near a golf course is another major draw.

In my view, Bangkok-based expats could definitively consider a weekend place in Pattaya or Hua Hin. In their extremely different ways, they both provide a comprehensive antidote to the city within a couple of hours’ drive. Both also offer opportunities for renting out accommodation to tourists.

I would add here that, if you are the sort of person who reacts badly to Pattaya’s earthy sense of fun, you might be surprised how family-friendly Pattaya and Jomtien have become – much more about golfing than ping-pong, these days.

Still, if you appreciate tranquility and traditional Thai culture, you could well find your spiritual home in the royal resort of Hua Hin, where Bangkok’s haute monde have been spending their weekends for almost a century now.

But wherever you choose to buy a second home, it can pay to find a development offering a guaranteed rental income. Many projects in Bangkok as well as resort destinations now deliver a guaranteed return for up to five years. If you are happy to wait, you can also pick up great bargains by buying off-plan.

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Hua Hin real estate

Posted February 7, 2012 by Company Vauban in Thailand News | No comments yet

Hua Hin real estate – the royal connection

Hua Hin real estate is among Thailand’s most attractive property markets due to the resort’s unique character and its strong appeal for both Thai and foreign buyers.

Owing to a connection with Thailand’s royal family that goes back almost a century, real estate in Hua Hin attracts Bangkok’s social elite, while the town’s tranquility and sophistication also draws foreign buyers in search of an unspoilt yet stimulating destination.

Hua Hin real estate brings its owners the security of investing in a sought-after and well-protected destination and offers a host of wonderful leisure opportunities. Properties here are also within a pleasant two-hour drive from Bangkok along a recently completed six-lane highway.

Golf is one of Hua Hin’s leading attractions. Attractive real estate can be found, for instance, right by the well-known Black Mountain Golf Club.

In addition, Hua Hin real estate offers beaches and proximity to stunning sites such as Phraya Nakorn Cave and the mountains and forests of Kaeng Krachan, Thailand’s largest national park.

The town of Hua Hin also hosts Chat Chai, Thailand’s oldest night market, one of many traditional features in a resort than has carefully preserved its architectural and cultural heritage. A host of charming restaurants offer local delicacies and a choice of international cuisines.

Hua Hin real estate reflects the resort’s high standing in offering solid appreciation and high rental incomes. Real estate investors in Hua Hin projects can pick up guaranteed rental income of about 6%, and benefit from developer financing of up to 60%. Substantial capital gains can also be gained by buying off plan at condo projects currently nearing completion.

Seafront condos and villas near golf courses are among the strongest investments in Hua Hin real estate. The peaceful and verdant surroundings of the tree-covered Black Mountains have also become a popular location for high-end projects.

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Hua Hin real estate

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Bicycle Tour Guide in Bangkok (Sukhumvit Soi 22)

Posted January 20, 2012 by bsullivan in customer service | No comments yet

Hello, 1) Are you Thai? 2) Do you like the Outdoors? 3) Can you ride a bike? 4) Can you speak ‘some’ English? If you answered yes to all of the questions above, please email and express your interest to work as a Bicycle Tour Guide in the Bangkok, Sukhumvit soi 22 area. All are welcome to apply. Thank you. Location: Sukhumvit Soi 22 Compensation: Salary will be discussed during the first interview. Principals only. Recruiters, please don’t contact this job poster. Please, no phone calls about this job! Please do not contact job poster about other services, products or commercial interests.

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Bicycle Tour Guide in Bangkok (Sukhumvit Soi 22)

Listen carefully. “Few employees do this,” “If you don’t listen to what the customer is telling you, you cannot give that customer what he needs. Listen to the customer, then clarify what he has said by repeating it: ‘Ted, let me repeat what you said so I’m sure I’m on the right track.’ Ask questions, get involved, and show that you care.”

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Be a part time tour guide (Thailand)

Posted May 27, 2011 by bsullivan in customer service | No comments yet

Synotrip tour guides provide tour guide, driver, interpreter and assistant services to travellers from other countries. Many tour guides make far more money as an independent tour guide listed on Synotrip than they do as a tour guide working for a tour company. The reason is that Synotrip allows tourists to directly connect with tour guides – no middlemen involved. Whether you’re an experienced tour guide or just starting out, it’s worth a try. It’s free to sign up. Once you sign up, it’s up to you to describe your services and set your price. To start, go to Synotrip.com. Location: Thailand Compensation: 10-100 US Dollars Per Day This is a part-time job. This is a contract job. OK for recruiters to contact this job poster. Please, no phone calls about this job! Please do not contact job poster about other services, products or commercial interests.

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Be a part time tour guide (Thailand)

Listen carefully. “Few employees do this,” “If you don’t listen to what the customer is telling you, you cannot give that customer what he needs. Listen to the customer, then clarify what he has said by repeating it: ‘Ted, let me repeat what you said so I’m sure I’m on the right track.’ Ask questions, get involved, and show that you care.”

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Attractive female guide wanted (Bangkok- Koh Chang)

Posted April 27, 2011 by bsullivan in customer service | No comments yet

Hi, 29 Yo UK male looking for young attractive Thai girl to act as my guide/travel companion on my trip to Bangkok and Koh Chang. Remuneration is up to 2000bht a day. I will be visiting at the end of May and also 17th June for one week. English language essential. Would prefer student, but not essential. Please reply with up to date pictures. Thank you Location: Bangkok- Koh Chang Compensation: 2000 bht per day Principals only. Recruiters, please don’t contact this job poster. Please, no phone calls about this job! Please do not contact job poster about other services, products or commercial interests.

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Attractive female guide wanted (Bangkok- Koh Chang)

Feel good about yourself. “We tend to live in a negative world and to think negatively,” . “It’s critical that you feel good about yourself, that you are confident, enthusiastic, and positive. Each of us is responsible for how we feel about ourselves. You must believe in yourself, concentrate on your strengths, and recognize the importance of your role. Use affirmations and visualization. Read books on self-improvement and strive to be the best you can be. See yourself as you can be, not as you are.

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Phuket overview

Posted July 12, 2010 by Company Vauban in Thailand News | No comments yet

Phuket was recently identified by Fortune magazine as one of the top retirement destinations in the world for a variety of reasons including the cost of living (1/3 of major European cities), climate, international standard facilities, security, the friendly environment and proximity to affluent regional cities.

Phuket presents today a unique balance of political and economic security, accessibility, low-cost modern convenience and laid back island charm, which appeals to lifestyle and financial investors worldwide. Inland, the visitors will find hills covered in lush tropical vegetation, paddies and plantations.

Internationally branded hotels have made Phuket a new luxury hub. Four and five star hotels in Phuket, including the Sheraton, Le Meridien, JW Marriot, Hilton, Holiday Inn, Dusit and Chedi, to name a few (with more under construction), welcomed more than 1,000,000 visitors in 2006.

Phuket has emerged as a medical tourism destination, due to 2 highly accredited International hospitals, Bangkok Phuket Hospital and Phuket International Hospital. Together they combine for a capacity of 300 beds. They also sport the ability to provide customer service in 10 different languages.

Its rapidly improving infrastructure is giving Phuket all the facilities of any modern community, such as big shopping complexes and international colleges.

Phuket is also well know for its entertainment facilities and foreign communities. There are currently 3 marinas with a total capacity of 520 berths (Boat Lagoon, Royal Phuket Marina and Yacht Haven).

The island also offers excellent golf courses, such as the Blue Canyon, Mission Hills, Laguna, Loch Palm, and so on. The surrounding islands of the Andaman Sea offer a sailing and boating environment second to none in the world.

The neighbouring islands of the Andaman Sea offer a sailing and boating environment second to none in the world. The nearby Similan Islands are recognized as one of the world’s top scuba diving destinations. Fishing, windsurfing, parasailing, jet-skiing and biking make Phuket a sportsman’s dream come true.

The National Disaster Warning Center, now working closely with warning centers in Hawaii and Japan, possesses a vast network of media communication links, radio, television, SMS text message facilities and warning towers. Three warning towers have already been installed in Patong Beach since the 2004 tsunami, each one covering a radius of about 1 km. Fifteen other towers will be installed around the island in the coming months.

However, we can’t minimize the extent of the Tsunami tragedy nor the deep sadness at the loss of life, but we do marvel on how quickly the Island returned to normal. More than 80% of all hotels stayed opened and were unscathed and those that were damaged are now repaired and operating normally.

Located in the Andaman Sea, about 70 percent of Phuket is mountainous with almost 50% still forested (jungle) and a further 25% consist of rubber plantations. The island is linked to the Thai mainland at its northern most point by the Sarasin Bridge. Just over an hour’s fight from Bangkok or Singapore, and with daily connections to most major Asian airports, Phuket is ideally situated for a short break or a relaxing vacation.

The last official census showed about 250,000 people living in Phuket. This figure only includes those registered as resident in Phuket and as there is a significant semi-permanent work force from other provinces of Thailand, many semi-resident foreigners, and up to 75,000 visitors at any one time, it is likely that a more realistic figure would be in the range of 500,000.

The official language is standard Thai, but a local south Thai dialect is widely spoken. 75% of the islanders are Buddhist, 22% Muslim and 3%Christian.

Phuket, is surrounded by 32 smaller islands. The famous Phi Phi Island, which gained fame by being the setting for the movie “The Beach” is within easy reach by boat from Phuket.

The Khao Sok National Park, just to the northeast and off Phuket, features lush tropical rain forests, still remote enough to inhabit wild tigers. Many safaris, daytrips and overnight tours to the national parks and the surrounding islands are available.

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Bangkok real estate

Posted July 4, 2010 by Company Vauban in Thailand News | No comments yet

At the heart of the world’s greatest city

Bangkok real estate is an investment in a destination that travellers see as the finest place in the entire world. And so do many Thais, which is why it’s also a great investment.

While Bangkok consistently earns top ranking in tourism surveys, its real estate has options to suit a range of wonderful lifestyles.

The pinnacle of Bangkok real estate is generally seen as a place near Sukhumvit Road, the key highway through the city. Residents here are close to stations on Bangkok’s gleaming skytrain, which brings all the city into reach with brisk, air-conditioned luxury.

What’s more, real estate in this corner of Bangkok can offer rural tranquility right at the heart of this bustling metropolis. In the smaller side-roads off Sukhumvit, it is easy to find a home free from traffic and nestled amid lush trees and verdant lawns.

Bangkok real estate is mainly condominiums, which are especially attractive to foreign buyers, who can get freehold ownership. A condo worth 10 million baht – about €200,000, $300,000 or £180,000 – also earns its owner the permanent right to live in Thailand.

But a much smaller investment in real estate in Bangkok can also buy a very desirable and central apartment. For instance, a studio in the hip neighbourhood of Ekkamai puts some of the city’s chicest boutiques and liveliest restaurants on your doorstep, at a price that few of the world’s happening postcodes could match.

In the prestigious neighbourhood of Pathon Yothin, investors in Bangkok real estate can enjoy an upscale lifestyle in a leafy enclave, while just a step away from global business headquarters, international fashion malls, spacious parks, bustling street markets and a spectrum of bars and restaurants.

The knockout appeal of Bangkok real estate is that while it offers substantial capital appreciation – buyers near skytrain stations are especially sure of gains – it is also a gateway into an endlessly fascinating world where ancient spirituality and cutting-edge fashion both come with the warm of timeless courtesy.

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Bangkok overview, a city of highest quality culture

Posted July 3, 2010 by Company Vauban in Thailand News | No comments yet

A lot of first time visitors aren’t quite sure what to expect when first arriving in the capital of exotic Thailand, and some may be disappointed by their first impressions on the way into town – endless high rise buildings, busy expressway flyovers and billboards of western companies advertising in English. Continue reading »

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