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Nebu Insider:
TOURISM IS EXPLODING IN JOMTIEN THAILAND!
Learn To Earn up To 20% ROI On Your Next Investment Property!
February 2024 Edition
Jomtien Real Estate on the Rise
2024 is shaping up to be a remarkable year for the real estate market in Chon Buri province, which includes the Jomtien area.
The residential market here is experiencing sustained growth, with a significant uptick in condo sales driven by foreign interest. Jomtien leads the pack with an impressive 499 units sold recently.
This upward trajectory in sales and foreign investments marks Chon Buri as a key location for real estate growth in Thailand. This exceeds sales in Bangkok!
Thailand's Real Estate Market: A Hub of Opportunities
Thailand's overall real estate market is thriving, with Bangkok, Phuket, Chiang Mai, Pattaya, and Hua Hin emerging as hotspots.
Governmental initiatives are playing a crucial role, particularly the Thailand Elite Residence Program and infrastructural projects like airport expansions.
These efforts are not only attracting foreign investment but also enhancing property values across the nation.
Pattaya's Surge in Tourism and Events
Pattaya is bustling with excitement and development, aiming to attract a staggering 27 million tourists in 2024.
The array of events and infrastructure developments, such as the transformation of Jomtien Beach Road, highlights the region's commitment to growth.
This surge in tourism is expected to positively impact the real estate market, making it an ideal investment opportunity
Expansion in Thailand's Hotel Industry
Reflecting the booming tourism sector, the Thai hotel industry is set to grow significantly, with an expected addition of 10,000 new rooms in 2024.
This expansion, particularly in the upscale categories, indicates a trend toward luxury tourism.
This growth is likely to have a positive effect on the real estate sector, especially in tourist-centric areas like Pattaya and Jomtien.
Enhancing Tourism with Extended Visa-Free Stays
In a strategic move to boost tourism, the Tourism Authority of Thailand (TAT) has proposed extending visa-free stays to 90 days for tourists from long-haul destinations, including the United States and Europe.
This initiative aims to increase national revenue from long-haul tourism to 40% in 2024. By allowing longer stays, Thailand expects to see an increase in spending per trip, making it an even more attractive destination for international visitors.
This move, which would eliminate the need for a visa extension visit to immigration for many, signals a bright future for tourism and related industries in Thailand.
Hotel D Rooms Just Released!
Luxury Apartment Sales Are Exceeding All Projections!
In 2022:
Significant increase in launches of luxury houses
Over 1,100 new launches of luxury & super luxury units in 2022
2022 new launches were four times higher that 7-year annual average
Super luxury launches in 2022 exceed all of previous total supply
Record 27 Million Tourists Visit Thailand in 2023
Thailand welcomed an impressive 27,252,488 foreign tourists from January 1st to December 24ththis year, surpassing the
25 million target for the year.
Malaysia led the pack with 4,439,480 arrivals, followed by China, South Korea, India, and Russia.
Would you like to earn up to 20% per annum on your next property investment?
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(5% Price Rise at the eNd of the month.)
DAD'S JOKE OF THE WEEK:
"I told my friend about my investment in Nebu Resort, Thailand with a 15% yield on just $150k.
He said he invested $500k in Dubai for a 5% yield. I said, 'Well, I guess that makes cents... just not a lot of them!'"
CONSTRUCTION UPDATE FEBRUARY 2024
VIRTUAL WALK THROUGH OF RESORT
hOW dOES a $500,000.00 investment in our resort perform compared to a traditional apartment
