# Regional Thai property markets look set to excite investors as 2018 gets underway Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2018-01-10 Category: LIFESTYLE Category URL: https://financedigest.com/category/lifestyle Meta Title: Thailand Tourism Sector Growth to Drive Resilient Property Market in 2018 Meta Description: Discover the promising property market growth in Thailand, with stable prices and high yields. Pattaya leads the way in 2018 for investors seeking excellent Tags: featured Tag URLs: featured (https://financedigest.com/tag/featured) URL: https://financedigest.com/regional-thai-property-markets-look-set-to-excite-investors-as-2018-gets-underwayhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/regional-thai-property-markets-look-set-to-excite-investors-as-2018-gets-underway-1736843093081-compressed.jpg) - **Thailand tourism sector to grow by 6.7% per annum for next decade (World Travel and Tourism Council)** - **Condominium prices leading overall residential market growth (Colliers)** - **Pattaya flagged up as leading regional market for 2018 due to low prices and stable yields (Property Frontiers)** New [Year is always a popular time for investors to look afresh at global property markets and seek out the most promising opportunities for the year ahead](https://www.financedigest.com/the-year-ahead-top-payments-trends-to-watch-out-for-in-2022.html "The year ahead: Top payments trends to watch out for in 2022"). 2018 looks set to be an interesting year for investment, with Asian markets – in particular Thailand – coming to the fore once more, according to property investment experts [Property Frontiers](http://r20.rs6.net/tn.jsp?f=001efbg52DlFCl4YW90k0PGaVvApVo0f49q3XJS43-0CUZmC8dWA5Y3N6GBbcpdH2SJaRKqoOgq-_kxuZ5FkG2b3rlrD88DxMIKPKDUCgts0tcb7-YHYDDlwZcxav9NTlM-qL5b1ExLN_6eQOpv6UKUtj5NmhWuvkHbHTCW6Eokenq7eijilwOYhg==&c=WADKop9iEappdpkcssgVA--1vmedreksRpIzrrvmxhTlwxeD1XN92A==&ch=B8aC52FFK6zvytaMc2c177CFJpzpRg1XQECmnqwK1fdZgNdwjxwcuQ==). **_“Thailand is expected to continue its resilient growth over the course of 2018. The country is blessed with an outstanding natural environment, which combines with its fascinating culture to drive a thriving tourism sector. At the same time, property prices are some of the most stable and reliable in the region. Their [steady rise](https://www.financedigest.com/algae-oil-market-share-to-witness-steady-rise-in-the-coming-decade.html "Algae Oil Market Share to Witness Steady Rise in the Coming Decade") has been seemingly immune from economic and political fluctuations, which makes for a promising environment for investors from around the world.”_** ![Ray Withers, CEO, Property Frontiers  ](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/ray-withers-1736843092959-compressed.jpg) Ray Withers, CEO, Property Frontiers **_Ray Withers, CEO,_** [**_Property Frontiers_**](http://r20.rs6.net/tn.jsp?f=001efbg52DlFCl4YW90k0PGaVvApVo0f49q3XJS43-0CUZmC8dWA5Y3N6GBbcpdH2SJaRKqoOgq-_kxuZ5FkG2b3rlrD88DxMIKPKDUCgts0tcb7-YHYDDlwZcxav9NTlM-qL5b1ExLN_6eQOpv6UKUtj5NmhWuvkHbHTCW6Eokenq7eijilwOYhg==&c=WADKop9iEappdpkcssgVA--1vmedreksRpIzrrvmxhTlwxeD1XN92A==&ch=B8aC52FFK6zvytaMc2c177CFJpzpRg1XQECmnqwK1fdZgNdwjxwcuQ==) According to the World Travel and Tourism Council, Thailand is expected to achieve average annual tourism sector [growth of 6.7% over the coming decade](https://www.financedigest.com/ophthalmic-devices-market-share-to-exhibit-steady-growth-in-the-coming-decade.html "Ophthalmic Devices Market Share to Exhibit Steady Growth in the Coming Decade"), making it the world’s tenth fastest growing tourism market. The [country has actively diversified and expanded its tourism sector](https://www.financedigest.com/switzerlands-engineering-sector-urges-country-to-start-energy-saving-now.html "Switzerland’s engineering sector urges country to start energy saving now"), transforming from a backpackers’ mecca to a well-developed tourist infrastructure ideal for family holidays. Thailand has now set its sights on the [business travel](https://www.financedigest.com/foreign-business-travel-missing-ingredient-for-irish-hotel-recovery-dalata.html "Foreign business travel missing ingredient for Irish hotel recovery – Dalata") market as well, positioning itself (most notably Bangkok) as a regional economic hub. Visitor numbers back the aims of the country’s tourism sector. International arrivals increased by 6.69% between January and October 2017 when compared with the same period a year earlier, according to the Department of Tourism. Meanwhile, the number of tourists has increased by 222% between 2001 and 2016. [Spending by tourists in 2016 was up 11% when compared](https://www.financedigest.com/gamers-spend-twice-as-long-viewing-intrinsic-in-game-ads-compared-to-other-digital-channels-reveals-new-research-from-lumen-and-anzu.html "Gamers Spend Twice As Long Viewing Intrinsic In-Game Ads Compared To Other Digital Channels, Reveals New Research From Lumen and Anzu") with 2015, based on Tourism Authority figures. **“Thailand’s hospitality sector is going from strength to strength. Interestingly, though, it is the country’s residential and short-stay accommodation sectors that look particularly exciting from an investment standpoint for 2018. In the same way that we’ve seen here in the UK, [regional markets](https://www.financedigest.com/organic-milk-powder-market-regional-industry-segmentation-analysis-by-production-consumption-revenue-and-growth-rate-by-2027.html "Organic Milk Powder Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2027") are going to throw up some superb opportunities and will be the areas that bear watching most closely over the coming months.”** **_Ray Withers, CEO, Property Frontiers_** ![location](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/location-226x300-1736843092947-compressed.jpg) The Property Frontiers team cites Pattaya as one such example. As global interest hones in on Thailand and its stable, consistent property [market growth](https://www.financedigest.com/liquid-smoke-market-growth-future-prospects-and-competitive-analysis-2022-to-2032.html "Liquid Smoke Market Growth, Future Prospects And Competitive Analysis 2022 to 2032"), rental income in regional cities looms large on the agenda. Governmental intervention has created a mature [rental market](https://www.financedigest.com/car-rental-service-market-is-forecasted-to-grow-at-a-7-2-cagr-by-2031-comprehensive-research-report-by-fmi.html "Car Rental Service Market is forecasted to grow at a 7.2% CAGR By 2031- Comprehensive Research Report by FMI") that is increasingly friendly to international buyers and locations like Pattaya are reaping the rewards. [Lower investment prices](https://www.financedigest.com/companies-cost-inflation-is-slowing-but-shoppers-may-wait-for-lower-prices.html "Companies’ cost inflation is slowing but shoppers may wait for lower prices") than Bangkok, but equally attractive returns are the cornerstone of such regional markets. Condominium prices are [rising at a faster rate](https://www.financedigest.com/bank-of-england-set-for-second-hefty-rate-rise-in-a-row.html "Bank of England set for second hefty rate rise in a row") than other types of development, according to Colliers. In the popular coastal city of Pattaya, sea-view condominium [prices rose by 2% during the first six months](https://www.financedigest.com/world-food-price-index-falls-for-sixth-month-in-sept-fao.html "World food price index falls for sixth month in Sept -FAO") of 2016, based on data from Knight Frank. While domestic [buyers account](https://www.financedigest.com/uk-buyers-lead-interest-in-megacity-istanbul-accounting-for-21-51-of-all-property-enquiries.html "UK BUYERS LEAD INTEREST IN ‘MEGACITY’ ISTANBUL, ACCOUNTING FOR 21.51% OF ALL PROPERTY ENQUIRIES") for a healthy 85% of purchases, demand from overseas buyers is increasing. Chinese investors are [driving much of that demand](https://www.financedigest.com/growing-transportation-industry-is-driving-demand-for-aluminum-sheet-market.html "Growing Transportation Industry Is Driving Demand For Aluminum Sheet Market"), with Reuters reporting that Thailand is now the third most popular destination for Chinese buyers and the Asia Times reporting that Pattaya is their preferred location. [The Peak Towers](http://r20.rs6.net/tn.jsp?f=001efbg52DlFCl4YW90k0PGaVvApVo0f49q3XJS43-0CUZmC8dWA5Y3N8JpYcLLp09KR0ePkF9_zG7kKGk14YPUtWkvUFUQN3G-HdOlI_20yrUIG_GnbMQQdVJFS7BaG3xWb99o3fxaYfTyv86rW6on2fsToMZ046k4PIOnATY9-qQusOnGbMjLlXRJzI8sUfgeARF4LqjUpa9pDAOEht66G37H4Et2A291FHyoQbsyQ_A8lLp5FqOAxaYl7GulCSTHpATB71OQ88Td_CXal8GnDlZiRbQ0mTIC&c=WADKop9iEappdpkcssgVA--1vmedreksRpIzrrvmxhTlwxeD1XN92A==&ch=B8aC52FFK6zvytaMc2c177CFJpzpRg1XQECmnqwK1fdZgNdwjxwcuQ==) in the Cosy Beach area of Pattaya typifies the kind of investment opportunity that international buyers are seeking. The completed 30-storey apartment building offers [luxurious living with a range of top](https://www.financedigest.com/what-are-the-top-luxury-products-to-invest-in-for-2021.html "What are the top luxury products to invest in for 2021?") end amenities, including three swimming pools, a rooftop infinity pool, a zen relaxation/fitness zone and a plethora of other on-site benefits. The individual apartments are spacious and stylish, with quality finishes and good-sized balconies. As a regional city, Pattaya’s affordable prices mean that studio apartments at The Peak Towers are available from as little as £60,617, with up to 6% [yield expected](https://www.financedigest.com/german-bond-yields-at-new-highs-after-stronger-than-expected-pmis.html "German bond yields at new highs after stronger-than-expected PMIs"). With [opportunities like this on the market](https://www.financedigest.com/uv-disinfection-equipment-market-opportunities-demand-and-revenue-forecast-2025-tmr-study.html "UV Disinfection Equipment Market Opportunities, Demand and Revenue Forecast 2025 – TMR Study"), Thailand looks to be the country to watch as 2018 gets underway. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---