The Thai market is the top choice for many looking at property in Asia. The property market there has steadily gaining momentum over the past few years and it's not hard to see why. Beautiful Thai villas, a pebble's throw from the beach, plus increasingly efficient transport links are all factors that are helping the market along.

Property developers in Asia have been quick to realise the potential appeal of Thailand to foreign middle-class travellers and are now constructing a number of resorts that will suit their needs. These tourists to Thailand look to head away from the hustle of Bangkok, to the more tranquil Thai islands, a short trip from the mainland, for some peace and relaxation.

For example, the Village Coconut Island is five-star development off the east coast of Phuket where you can purchase one of 132 pool villas. The resort includes all the perks that attract the discerning tourist, including a spa, central pool, childcare, fitness centre, several bars and restaurants, and tennis courts. Prices start from £250,000.

Property in Asia is fast-becoming recognised as a potentially sound investment and Thailand is a large part of this. In fact, Phuket has recently topped investment lists, with Knight Frank reporting that average prices on the island have risen by around seven per cent over the last couple of years.

Claire Brown of Claire Brown Realty says, "For investment in Thailand you are mostly looking at beach resort property. Phuket is fairly expensive, whilst Koh Samui is more reasonable. Property that is close to the beach or that has sea views is the best choices." Koh Samui is Thailand's second largest island and there are a number of developments taking place there, including the five-star Himmapan Beach Gardens where prices start from £143,000 for a one-bedroom unit. Claire advises to "Search around and make sure that you are not paying over the odds."

Property in Asia is really gaining a foothold on the international scene and Thailand is not the only country that is looking at property appreciation over the next few years. Close neighbours Cambodia and Vietnam are hoping to follow the lead of Thailand - although they are at a much less mature stage, while Malaysia and the Philippines are beginning to attract more attention, Japan's city property investments are rebounding and China continues to move towards a greater freedom for international investors.
In other words, property in Asia offers the home hunter a great variety of opportunities - a variety that is fitting for such a diverse continent.

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Related articles about property in Asia:
Asian beach property
Time to invest in Thai property
Head for property in Thailand islands

Article first published 19 June 2007