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Sunday, 24 February 2008 07:49 |
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Thailand is currently one of the best countries in the world to make a property investment profit, according to David Stanley Redfern Ltd. People who bought in Bangkok a few years ago have watched pieces of their property double, even triple and quadruple in some cases. But now the biggest gains to be made are on resort properties as tourism to Thailand grows 20% year on year.
Especially profitable are resort properties on Thailand's islands like Koh Samui, and Koh Phangan and even the mature market of Phuket still has fight left in it. In fact people who bought a property on Samui and Phuket two years ago have sold recently for a 100% profit.
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