In the recent past the Asian market has become more and more biased towards foreign investment. Lot of countries in the region have completely removed their unnecessary restrictions on foreign investors. This attracted more investment in the property market as well. As a result there was a real boom in the property section of the market in 2007.
There was a steady increase in the average occupancy rate of office and residential buildings. The governments in the region have also become alert and have awarded business park sites and industrial sites. In the present circumstances an understanding of the various investment opportunities across Asia will be extremely helpful to you.
Thailand has been a tricky destination for tourists around the world. It is exotic island home to some of the best investment opportunities available in Asia. The influx of travelers from UK has increased as a consequence of budget airlines and consistent backup of expats who live in places like Singapore and Hong Kong. Investors can expect excellent returns from Thai beach property over the next couple of years. Thailand promises to be a profitable investment market for a good part of the next decade.
Seychelles islands are home to some of the most luxurious resorts in the world. Development has been given top priority in recent years and new laws which attract the investors have been formulated. A man-made island Eden has been constructed and this can be considered another foot forward in creating reliable investment opportunities.
Vietnam and Cambodia are trying their level best to forget their disturbing past and focus on building a happy and prosperous nation. These two nations are blessed with tropical climates, thick vegetation and enticing beaches. If they make the right moves there is a lot of space for investment in these nations with both having turbulent pasts.
Japan recently had some problems in their economy, but they are fighting back quite strongly. Clever investors will realize that Japan is a viable investment option now. Tokyo, Osaka and Nagoya are places where prices and demand are predicted to rise considerably over the next three years.
The Philippines has offered some really profitable Asian property investment opportunities. The Philippines is treasured place when it comes to buying property, specifically in the capital city of Manila. They have got good ability to handle English and the business system is quite contemporary. Procuring an apartment and lending it to the workers seems to be the right choice if you are planning to invest in the Philippines. Boracay Island, the Philippine beach property is expected to progress at around 18 % per annum across the next few years.
Even though the political atmosphere in Sri Lanka is slightly troublesome there are some compelling attractions in Sri Lanka which has made it a hotspot for tourists around the world. The shrewd investor will find that Sri Lanka is a decent option when it comes to property investment. The major problem for the investors has been the huge taxes that they have to pay, even though the inconvenience can be avoided to a certain extent. If you are ready to research the market seriously, there are investment opportunities awaiting you.
Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard Ellis.
Article Source: Asia Property – The Best Investment Opportunities