Sunday, March 21, 2010

Krabi Province has the distinction of being home to Thailand's oldest human settlement. Even in prehistoric times people were attracted to this region's diverse real estate offerings.

In the 13th century Krabi became a thriving sea port that saw traders from India, the Middle East and China, many who were so enamored with the area's natural beauty and fertile soil they made it their home.

Today foreign investors and home buyers are starting to discover the charm of this dramatic and unique 4,709 square kilometer province located on the south western Andaman Sea coast, surrounded by provinces Phang Nga to the north, Nakhon Si Thammarat and Surat Thani to the east and Trang to the south.

The region's appeal is easy to understand: Krabi is one of the most geographically stunning and ecologically diverse places on the earth with breathtaking, 1000-feet limestone karsts jutting from pristine rainforests and ancient mangroves. The province also boasts one of Southeast Asia's best marine-related activity areas with 132 tropical islands dispersed among some of the world's top-rated dive sites and year-around safe anchorages.

Krabi government officials understand it is only a matter of time before the world discovers their province. They've been gearing up for the arrival of new homebuyers for the past five years, beefing up roads, electrical grids and telephone, water and sewage systems.

The 2004 opening of The Krabi International Airport and the nearly completed super-highway, widening road access from Phuket, through Krabi, to the Malaysian boarder shows that government at all levels consider Krabi to be Thailand's hottest new tourism and long-stay destination.

However, according to local experts, the evolution of Krabi's property market from a 80's backpacker haunt into a true real estate market that compares and competes against Phuket, is still several years away.

"The main issue is transport and infrastructure, this is thought about by not only tourists, but short and long term visitors who have property which they should like to use", says Desmond R L Hughes of Belmont Limcharoen, which has started to represent more clients in regions outside of Koh Samui and Phuket such as the Krabi. "An additional few hours can create a barrier to investment".

Property agents in Krabi province also point to the lack of standard amenities that foreigners typically demand when choosing a second home location such as quick access to world-class beaches, international hospitals, schools, golf courses and shopping centers.

A good example of this is Koh Lanta where you'll find the province's highest concentration of foreign-targeted developments. The Island is wonderland of white sand beaches and turquoise seas but getting onto the island is difficult. Currently passage onto Koh Lanta Yai involves two car ferries (or a passenger ferry in high season) which means the journey between the Krabi International Airport and Koh Lanta can take up to 4 hours - definitely a hard sell to travel-weary Europeans and Asian expatriates wanting instant, tropical gratification. Despite these growing pains, demand from foreign buyers is strong according to Krabi's real estate community. However, finding worthy projects to recommend to potential buyers is proving to be difficult.

"There are very few quality 'developments' to buy in Krabi at this date," says Pierre-Yves Loriers, from Ton Company, who created and built Baan Oriental Villa, Krabi's first luxury Pool Villa project in Ao Nang Beach six years ago. "For this reason people tend to develop their own project. It is more work but the return on the investment is much higher."

But there's no shortage of small, local developers looking for off-plan investors in Krabi province. Locals recommend that buyers proceed with caution.

"Don't be fooled by the large number of new developers selling 'off-plan'", says Jules Gore, Sales Manager of Exotiq Real Estate Krabi who is opening offices in Krabi Town and Koh Lanta later this year. "Many of these projects are being developed by individuals with no development background. Most never break ground."

PROPERTY AREAS OF KRABI PROVINCE

The property areas shown below start in the north of the province (closest to Phuket) on the Phang Na border, heading south down the coast past Klong Muang, Ao Nang, Krabi Town, the Krabi Airport and Koh Lanta (closest to Trang).

Klong Muang, located on the coast in Phang Na Bay this area is currently Krabi's most exclusive spots. The Sheraton Krabi Resort and some higher-end private homes are located here but there are few property options in this area.

Ao Nang / Nopparat Thara Beach / Nammao Beach Ao Nang is the most developed tourist beach area in Krabi. The 3 km Nopparat Thara Beach is just around the corner with less tourism and development. Nammao Beach, a short drive away, has several high profile projects under construction.

Krabi Town, the main Thai commerce area of the province now has several new, inexpensive home projects being built primarily for Thais, although some foreigners are taking advantage of the 2-4 million Baht prices for new homes on the town�s fringes.

Hat Yao Beach, long Beach is 13km of untouched coastline located outside of Krabi Town, past the airport. This new development area is where most new beachfront and sea view residential projects will be launched in the future.

Lanta Island and Smaller Islands.
Koh Lanta has ten sandy beaches and a mountain range that runs down the center of island, creating a haven for new (mostly Swedish) developers. Very few projects are available on the smaller islands but land is still available at pre-electricity prices.

Thailand Resorts Set to Boom?

With the traditional resort property hotspots of Samui, Phuket and Pattaya receiving so much attention from investors in recent years, it's not surprising that prices are skyrocketing and beach front land is becoming scarce.

This means that - as the tried-tested-and-true formula witnessed in global real estate markets dictates - there will always be savvy investors looking to get an early start on the next big thing.

The key to developing in emerging markets is that there has to be some degree of facilities already in place, says Robert Collins, managing director of Savills Thailand.

"The tourists have to pave the way to the destination," he said. "For these emerging markets, accessibility is the key because the kind of buyers than can afford the more expensive properties are already travelling a great distance to get to Thailand. The last thing they want to do is get into a taxi or bus at the airport in Bangkok and travel another four or five hours to get to a resort and get a ferry ride and another taxi. Developers need to bear in mind how people are going to get to that resort. People will make the effort but it has to be priced accordingly.�"

Property Report took an in-depth look at three destinations that have indeed already laid the groundwork and are now starting to attract major interest from buyers: Koh Pha Ngan, Krabi and Koh Chang.

For those in the know, these resorts are certainly not new destinations on the travel or property trail. But it's only been in recent years that they've been starting to make a name for themselves on a more international scale, as intrepid investors shy away from the pricier traditional hotspot areas. And, notably, the big name property management firms have yet to move in, a sign they still fit under the up-and-coming banner.

Koh Chang development limited With its mountainous jungles, waterfalls, unspoilt beaches and relatively quiet atmosphere, Koh Chang is an eco-lover's dream. Located in the eastern part of the country in the Gulf of Thailand, over 80% of this island is part of the Koh Chang National Marine Park, a fact some say will prevent it from being over-developed with hotels and residences.

The island's western region is where most development is taking place, due mainly because that's where the more picturesque beaches lie.

Siam Royal View was one of the first developers to build a large-scale project on the island; a high-end 360-rai villa and bungalow development north of the popular White Sand Beach. Prices start from as low as Bt2.8 million for a one-suite bungalow up to Bt17.1 million for a 732sqm villa. David Walton, sales and marketing director of Siam Royal View, says the first phase of the project sold out during the high season last year and construction has already begun. One key to the company's success is the accessibility of Koh Chang, he says.

"We'll be offering secure parking for residents on the mainland and a taxi service with our own speedboats specifically for residents. So literally they can be door-to-door from Trat airport to their homes in 30 minutes."

This keeps in line with Savills' Collins comments that high-end buyers aren't interested in lengthy commutes to their holiday homes. Bangkok Airways offers a three flight a day service from Bangkok to Trat. So for Bangkokians, the 45-minute flight makes for an ideal weekend.

"We're very pleased by the fact we've had a very consistent level of inquiry from Thai nationals, a lot of them coming from Bangkok. As a guestimate I'd think that over 50% of sales has gone to Thais, which is very encouraging for us," says Walton.

Other notable developments taking shape on the island include Tranquillity Bay, an exclusive residence comprising 74 one, two and three bedroom condominiums, all of which will be fully furnished. Additionally there will be 10 luxury pool villas.

Siam Royal View's Walton says it's doubtful other large developments will follow in their footsteps, due mainly to the tight restrictions placed on the island.

"If you look at the current projects and current developments already in place on the island, you'd have to say pretty much 10% of the island is already developed or under development. I believe what we'll continue to see are one-off small developments where something effectively has been taken down and replaced. But nothing on a big scale."

Walton says Koh Chang's geography is quite peculiar in that all the developments lie directly on the coast. Because the island slopes to a high point of about 743 meters above sea level very quickly, it doesn't give developers a lot to play with.

"You're not going to get highways built on Koh Chang. It would be impossible in engineering terms and even if it were it would be prohibitively expensive. I think the island is pretty much going to remain what it is, which in my view is a good thing."

Other governmental restrictions will keep the island from becoming too developed. The maximum height allowed for buildings is three stories and anything built directly on the beach front in terms of residential property is limited to one storey only, meaning it sits under the palm fringe.

Also, the island isn't home to rows of nightclubs and bars or the amenities that attract the truly wealthy such as luxury shopping or high-end restaurants. This means that those looking for wild nights in the fast lane would be better off taking their cash west to Pattay. But for those looking for a peaceful and relaxing getaway, few destinations in Thailand can offer a more suitable setting.

High-rollers beginning to eye Krabi Of our three featured destinations, Krabi is perhaps the best known on the global travel circuit, thanks to its international airport and the presence of a few five-star resorts. But it's only been in the past two years that property development in this province has really followed suit � albeit in limited numbers.

Bordering the Andaman Sea, this coastal resort province attracts countless visitors thanks to its natural attractions such as white sandy beaches, coral reefs, caves, waterfalls and giant limestone cliffs. A number of carriers offer direct flights from Bangkok daily, and there are also direct flights from Singapore.

And for property investors, it has the infrastructure to support its growing popularity. "Krabi really benefits from having the best of the resort airports in the country. It's a new airport that's way ahead anything else," says Savills' Collins. "The road network is practically new throughout the entire area and is way ahead of other locations. This is where Krabi really is ahead of the game. It has the infrastructure in place, what it lacks, if anything, is there isn't enough supply in Krabi."

There are only about seven notable developments being built in Krabi at the moment. Of those, the really high-end ones are Amatapura (represented by Savills), The Cove, LeKiri and Phulay Heights. "It is a coincidence that Lekiri, Krabi Sunset, The Cove and Amatapura launched at almost the same time , says Ekaraj Intravisit, managing director of Le Kiri. "Maybe everyone can see it is time to reveal the charm and beauty of this Emerald to the world's eyes. For me, deciding to buy this land took me a very short amount of time."

Le Kiri features eight spacious villas ranging in size from 606-808sqm. The project is located on the beachfront at Nammao Bay. Prices range from Bt15 to 18 million for villas and Bt7.5 million for Triplex apartments with private swimming pool. Phulay Heights' 52 villas lookout over Phang Nga Bay In Klong Muang.

Krabi's largest project is The Cove, at Haad Yao. More than 1,000 rai is being developed into more than 1,200 residential condos and villas, branded hotels and an 18-hole golf course.

Collins says more development for Krabi is eminent, but there are restrictions in place that will limit the quantity and volume of the developments that can go ahead. "Everyone's looking at Krabi now. In terms of property you can buy, Amatapura is without a doubt the top development. I think Amatapura has the potential to become the role model for krabi in years to come."

This project on Laem Pho features 29 beachfront villas and is 60% sold. It received a lot of attention from Hong Kong buyers following its launch last year and prices range from Bt25-40 million baht.

"We're seeing a strong trend towards Krabi in preference to Phuket these days, and definitely the sales rates for Krabi seem to be slightly better than Phuket," says Collins. "As much as anything the environment is less developed so far and the pricing is reflective of the fact it's a relatively new market and can't match the Phuket market. And I think that's possibly a reflection that Phuket and Samui are overpriced rather than Krabi is cheap."

Koh Pha Ngan learns from Samui The name "Koh Pha Ngan" is by no means foreign to world travellers, but until recently, it was spoken primarily among the backpacker set, drawn to its rowdy all-night Full Moon Parties held every month.

Today, the hippies still come, but the island is opening itself up to high-end property development as well, as more people look to escape the crowds of Samui for Koh Pha Ngan's less crowded beaches and laid-back atmosphere.

Companies such as WOW Properties, KP Properties and Sage Land and House offer a number of residential property development projects and land, most of them situated in exclusive and secluded headland locations with spectacular views and remote locations that certainly rival what many see as the overdevelopment on Samui.

Land prices on Koh Pha Ngan are still comparatively low, and beachfront land is by no means scarce. Prices vary greatly depending on the location, with the average price for hill plots going for about Bt1.5 million while beachfront land goes for an average of Bt4 or Bt5 million, depending on the quality of the land, of course. Land plots with prime views obviously command much steeper prices. There aren't any notable large-scale developments going up as of yet, but many of the island's residents say it's only a matter of time.

"Things are moving but the developers are cautious, waiting to see what happens in the next few months,"said one surveyor who asked not to be named."Compared to Koh Samui our infrastructure is actually a lot better. Koh Pha Ngan has learned an awful lot from Koh Samui. The people in power are quite proud of the fact that we built our roads wide already and with big drains so we don't have to dig up the sides of people's houses to put in the storm drains. Once you get to Koh Pha Ngan, the only place you can really land is Tong Sala, so there's no need for a massive highway network."

Thursday, March 18, 2010

The Joys of Satellite Television



by: Briana Liebmann

Satellite television is no longer the television of the future, it is one of the fastest growing forms of television viewing today. Satellite television has come a long way from the days where viewers struggled with large, clunky dishes on the sides of their house. Now, thanks to technological advancement, companies have successfully shrunken those bulky devices down to a compact satellite dish which has more quality and affordability than it's predecessor.

Today, Satellite TV offers an impressive amount of choices for the avid television fanatic. From newly released movies to your favorite sports game, satellite television has the capabilities to take you where you want to go and farther.

What makes Satellite TV so different than basic cable? Just one viewing experience would reveal a sharper picture quality and much larger selection of channels along with helpful customer service and reasonable prices.

When shopping for the best satellite TV retailers, be wary of scammer's advertising "Free Satellite Television" promising the best deals, installation, subscriptions and many more unbelievable promotions. If a website offers you a deal which seems too good to be true. Most likely, it is.

In order to insure a legitimate company, go with a satellite TV provider with a positive and well-known reputation.

Shopping online for satellite TV usually proves advantageous to customers through free gifts and exclusive promotions offered only online. Go ahead, take advantage of the offers and convenience of ordering online. Just remember to take caution as with any other online purchase. Here are a few tips to discern a great provider from a scammer:

1. The longer the satellite TV provider has been in business, the better.

2. Check to see if the web page is security enabled.

3. Beware of hidden fees.

4. Guarantees are always a plus.

5. Customer service is readily available and easily accessible.

About The Author

Briana Liebmann is an original content writer for http://www.youseekit.com which features original articles on a variety of topics.

To see the original article, go to http://www.youseekit.com/satellite-tv/htm.

youseekit@gmail.com



Improving your home and your life only at Home Improvement Idea : http://home-improvement-idea.blogspot.com

Tuesday, March 16, 2010

Buying an Island in Thailand

Thai Real Estate - Ownership of a Thai Island

Ownership Structure

Option 1: Freehold as a Thai National
Option 2: Freehold via a Thai limited company with minimal Thai shareholders
Option 3: Leasehold. The maximum lease that can be registered at the local land offices is 30 years so a contract has to be drawn up with automatic renewals every 30 years.
Option 4: If a large development is going to take place with a large investment then a BOI can be applied for from the government (Board of Overseas Investment). This is headed up by the prime minister to encourage overseas investment. It is quite common in the tourist sector.

Land titles – all titles are transferable

Chanote: This title is fully buildable and measured exactly via GPS
Nor Sor 3 Gor: As above but measured with a tape measure rather than GPS
Nor Sor 3: An old title as above measured roughly
Sor Kor 1: Farmland that is owned by an individual
Por Bor Tor 5: Farmland that is owned by the government with the right to use if taxes are paid against the land.
Government land or green zone: It is common to find a percentage of this on most islands and it works well as it keeps a lot of the island natural. You can build non prmanent wooden walkways and salas through this land.

Land Measurements

1 rai = 1,600 sqm
1 nang = 400 sqm (4 to a rai)
1 talang wah = 4 sqm (400 to a rai)

Building Regulations

Within 10 metres of the front of the land no permanent structure can be built
Between 10 metres and 50 metres all buildings must be a maximum of 75sqm in size and 6 metres high.
From 50 metres back all buildings must be a maximum of 2,000sqm in size and no more than 12 metres in height.

The same applies to all Thailand Real Estate with the exception of licensed condominium developments where foreigners have the option to own a freehold in their own name.

Thursday, March 4, 2010

The Faucet: A Deciding Factor


The Faucet: A Deciding Factor

by: Matthew Noel

In the design of your new kitchen, the faucet can be one of the largest, most critical aspects of it all. In many cases, you will find that a beautiful one can be the completion of a beautiful kitchen. But how should you decide and what should you look for in the ones that you consider? If you walk into any home improvement store, you are likely to find many to choose from. It can become overwhelming even.

Even though it can be somewhat difficult for you to find the faucet that you know is perfect this is only because you have so many choices. It works well to look at several key points when choosing the right one.

• First, look at the metals used. For most, stainless steel is the best choice because of its ability to stay clean and to resist rusting. But, it is not your only option. For example, you may want to think about options such as copper as well. This can make a grand statement!

• And, that is the next thing to consider. Do you want the faucet to make a statement about your tastes or be simplistic? Do you want it to stand out or to simply fit in? Consider options that fit these needs.

• You should also consider the style and design of the element as well. For some, necessity is all that matters. Even so, you can have a great looking choice that is quite functional.

• The bottom line, though, is that you should choose the one that fits your needs the very best. It should feel right, look right and be what you want it to be.

The faucet that you choose can show your personality and style, or not. It can be whatever you want it to be as long as you love it!

About The Author

Matthew Noel

For more information please see http://www.faucet-deals.co.uk




Improving your home and your life only at Home Improvement Idea : http://home-improvement-idea.blogspot.com