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The Moscow International Property Show on the 13-14 April offered a fascinating insight into one of the fast emerging markets for overseas buyers of luxury property.
Russia is looking like it could be one of the most exciting opportunities for developers seeking to attract new investors to the island. We are seeing more and more upscale exclusive developments in Phuket and this seems to be what buyers at the very top end are demanding; exclusivity and the guarantee of 5 star service
It is interesting to note that the exhibition generated significant interest for properties at the lower end of the budget range. This demonstrates that Russia is rapidly developing a well funded middle class with the resources to invest overseas.
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SEA Property International was proud to participate for the first time at the China Luxury International Property Show.
The event proved to be a success and indicated a strong and growing interest in Phuket for both Chinese holiday home buyers and large scale investors. There is a very high level of interest from Chinese buyers towards properties at the luxury (1m USD plus) end of the market. SEA Property International was more than happy to establish a number of encouraging links with buyers and investors alike.
One of the biggest challenges in maximising the potential of the Chinese market is in removing the language barrier and we were delighted to benefit from the assistance of 3 professionally certified translators, who proved invaluable in ensuring a successful show for all involved.
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We were delighted to celebrate the opening of our new Franchise office in Stockholm. Our first show in Sweden was a great success.
The 2 day show attracted almost 7000 visitors over 2 days and shows that interest in the Phuket market has remained strong and is indeed growing. A vibrant Swedish economy has lead to many people looking abroad for 2nd homes and investment possibilities and the opportunities and affordability offered by Phuket dovetail perfectly with this.
There is a high demand for quality yet affordable property at the lower-mid price range, whilst interest is also strong from both investors looking for a positive return on rental income and developers considering undertaking a project of their own.
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Hong Kong is undoubtedly one of the most important economic and commercial centres in the Asia Pacific region. The exhibition provided the perfect opportunity for SEA Property International to gauge the increasing level of interest and demand for property in Thailand and throughout the hot spots of South East Asia.
Buyer and investor confidence in the Asian market remains high and SEA Property International received very positive feedback in regard to its on-going expansion plans throughout Thailand and South East Asia.
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SEA Property International
