Phuket foreign property sales drop

Strong baht, legal hurdles hurt market. The political situation, stronger baht and changes to the foreign ownership law have slowed down property sales to foreign buyers, according to the Phuket-based property broker and consultant Andrew Park Co Ltd. Graeme Laird, the company’s president and chief executive, said property agents in Pattaya, Samui and Phuket discussed [...]

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Posted July 2, 2009 by ][-NooM-][ under Phuket Property