Phuket, Thailand, July 21, 2008 --(PR.com
)-- Cost of living:
The world is in a mess and even feeling it a little here, however to a much lesser extent as the price for petrol has gone from around 0.32 baht a litre to 0.39.5 baht a litre, about 0.60 pence or 0.008 Euros compared with 1.19 pounds per litre in UK, so it is half the price here in Thailand. A dozen eggs here cost .032 baht (0.50 pence) or compared to Sainsbury’s 2.35 pounds.
The fact is it is still very cheap to live or stay in Thailand compared to Europe. Property, health care (hospitals, operations, dental care), private schooling, and general living costs are 40% or more below Europe even in the current dismal world climate.
Thailand gives a sense of freedom, its wonderful climate and friendly people all the stresses fall off your shoulders and you can at last relax. No more heavy taxes, bad government and increased legislation. No speeding, parking tickets and officious officialdom, a safe environment with little crime and most importantly low cost of living. A perfect place to retire, invest or holiday. For example in the UK if citizens go to a hospital with something wrong, and need tests for a diagnosis it takes a fortnight to get the answer and the stress of waiting is unbearable. Here patients know the diagnosis in One hour.
World Oil prices?:
It does not take an economist to tell people that oil prices are likely to remain high and even go higher in the future as the world demand is ever on the increase and the worlds supply is drying up in the next 50 years. So now is the time to make a decision.
Air Flights are and will become more expensive, as will all commodities and material costs will continue to rise, so waiting for reductions in costs is not going to happen in fact the opposite, already new projects are increasing their prices (7-15%). Demand is still strong in Phuket so people thinking of buying a condo with attraction of “foreign freehold” must act fast, see here:
Siam Real Estate offer these Condos with Foreign Freeholds buying terms:
Phuket - http://www.siamrealestate.com/tiny/redirect/RKSLM3/
Bangkok – http://www.siamrealestate.com/tiny/redirect/XLEKL8/
Pattaya – http://www.siamrealestate.com/tiny/redirect/3RPD6W/
Hua Hin - http://www.siamrealestate.com/tiny/redirect/77L97V/
Seller Finance packages:
The Thai banks are beginning to relax controls on lending money to foreigners as long as it is through a new project where the developer provides security to the bank in the way of land title and is then able to offer the buyer usually a mortgage of up to 50% of the purchase price on attractive terms. There are now have some 25 new off plan projects with such offers and people can see them here http://www.siamrealestate.com/seller-financed. For details on private mortgages which are more difficult to get UOB bank offer them - details here - http://www.siamrealestate.com/financing-for-foreigners.php
Crème de la Crème – http://www.siamrealestate.com/creme-de-la-creme on Siam Real Estate's home page they have added a new section. These new off plan projects Villas and Condos in Phuket are in Siam Real Estate's opinion the “best of the best” and the criteria they use for listing any property under this section are as follows:
Quality, Design, Location, Value for money, Return on Investment and Rental Return.
Siam Real Estate have a choice of over 250 new projects and hopefully this will assist their clients on narrowing down their selection.