Hartlepool, United Kingdom (PressExposure) January 09, 2009 -- Koh Phangan, a small island in the gulf of Thailand offers some of the finest property investment opportunities on the global market, according to overseas property portal Property Abroad. Liam Bailey, chief market analyst for the firm said:
"I began recommending Koh Phangan as a 'hot market' at the beginning of 2008, when I stated that the success of its big-brother, the then semi-mature Koh Samui, which had seen 50% annual growth the 2 years previous could be used as a guide as to the success of Koh Phangan, then only beginning to appear on the international property investment stage. But just as Koh Samui has been affected by the global situation, so Koh Phangan growth potential has been stunted, but this just makes it an even hotter investment destination.
"I have said before that property investors buying now are more often-than-not doing so for possible mid-long term gains. Right now, you can buy 10 Rai of tropical beach-front land, already divided into 8 plots and prepped for development for just Â£114,000. This will easily sell for three, four or even five times that -- depending on how patient its owner is -- during Asia's (and the world's) economic recovery, when it can easily be sold for development into an exclusive luxury resort of say 10 villas, each selling for Â£150,000 or more."
Property Abroad have several other excellent Koh Phangan investment properties. A larger plot of land located right on the very same beach as the one mentioned above, but a single plot with 45m of beach frontage, and again already prepped for building, i.e. underground drainage, water and electricity supplies already in place as well as a road to the plot, can be bought for just Â£200,000.
A smaller plot, but with 80 metres of beach frontage and the same building preparations in place is just Â£113,000.
All the above properties are capable of making massive capital gains when the global recovery takes place, which it inevitably will, not to mention the absolute bargain they present to people looking for a tropical beach-front holiday home.
Property Abroad has hundreds more investment properties in Thailand, and throughout Asia, find out more by visiting the site.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.