Whether it is in Bangkok or in the beach resorts of Pattaya, Phuket and Koh Samui scores of international housing projects apartments are under construction.

Why are foreign investors so eager to build in Thailand ?

- A spectacular hike of housing prices in Europe.

+62,9% in France and +44% in England since 2002.

In Germany the average price for a 125 sq.m house reaches 255 000 euros.

- A favourable exchange rate for most of the western currencies.

- A simplified access to ownership for foreigners (condominiums).

- A lasting social and political stability in a democratic environment.

- A healthy economy : Thailand is the 3rd largest economy in south-east Asia.

- A unique quality of life combined with a complete security for foreigners

- No property tax !

Regarding the property tax system in Thailand:

- No land or housing tax
- The housing expenses are quite low, about 30 Bahts/sq.m/month.

Moreover, if you decide to live permanently in Thailand, many European countries have signed a tax agreement resulting in a very favourable taxation for foreigners.

Few countries in the world offer so much for so little money. Thailand is unchallenged by its surrounding neighbours: Myanmar, Laos, Cambodia, Vietnam or Malaysia.

With an expected rise in housing prices between 5 and 10 % in 2006 in Bangkok (source : property-report), the capital city is a safe and profitable place to invest in real estate in Thailand.

The development of the BTS (Skytrain) et MRT (subway) networks have greatly improve the traffic conditions in Bangkok while offering new investment possibilities in attractive areas sporting cheaper housing prices.

Indeed one must reckon to pay for a new project between 70 000 and 120 000 Bahts/sq.m on Sukhumvit, Silom and Sathorn while in other areas like Ratchadapisek, Lad Phrao and On Nut, prices range between 35 000 and 60 000 Bahts/sq.m.

There is also an great demand for housing rentals considering the growing number of expatriates working for international firms and private individuals attracted by the numerous charms of Thailand.