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Will the coup d'etat in Thailand affect the property market?

Will the coup d'etat in Thailand affect the property market?

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Adrian Mills and Peter Conradi of the Sunday Times discuss exactly what ramifications the recent military coup in the tourist favourite of Thailand will have on the long term property market.

"Not a shot fired nor a voice raised" - rather fittingly, Adrian was actually in Bangkok at the time of the coup, and he lends his unique eye witness perspective to the discussion, while Peter Conradi speculates on the future of this country with its long history of military coups.

Peter also talks us through the popular regions to buy in Thailand and examines the huge differences between them in terms of price and market.

A two bedroom apartment on Phuket starts from £165,000 and luxury three bed villas with private pools can be in the region of £350,000.

Koh Samui is quite a bit cheaper with two bedroom apartments at around £100,000+ in the better developed west of the island (which also has better infrastructure). 3 bed villas there from £190,000.

In Krabi, you can buy a two bedroom luxury apartments under £100,000 and three bed villas from £80,000 for a basic and to £200,000 for a designer home. Note that prices in the last five years in this region have gone up 18 fold, which is huge growth.

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