Living and investing in Krabi

Krabi’s Overview

Krabi lies in the Andaman Sea region, covering an area of 4,708 square kilometers.

Krabi is considered as one of Thailand’s top ten tourist destinations and is also one of the world’s best hideaways. The province includes more than 100 beautiful offshore islands and is full of natural beauty; white sandy beaches with crystal clear seawater, hills, waterfalls, plains, caves and mangrove forest not to mention a 75 million years old gastropod fossil beach.

Krabi is the center of marine tourism activities in the Andaman Sea including diving, fishing, boating and water sports. Phuket, one of the world's best known tourist destinations can be reached in about two hours by car or one and a half hours by boat.

 

Property Investment

Over the past 20 years, growth of the Krabi tourism industry has expanded at an average of 15-20 percent per year. In 2008, more than 1,000,000 overseas tourists visited generating revenue to the province of more than 600 million US$. At the same time, the demand for expatriate residences as well as property and resort developments has expanded significantly.

To support the investment and business activities development, Krabi has an excellent infrastructure system including an international Airport a Deep Seaport and world class electric, water and telephone systems. The province also benefits from a low cost of living as well as helpful support from the local and central governments.

Land values are increasing at a rate far higher than other comparable locations such as Phuket or Pattaya and this increase is predicted by all the industry analysts to go on for the foreseeable future. A good property in a good location is likely to make an excellent capital gain.

Thailand has come out of the recent economic downturn relatively unscathed. The currency is strong, growth is on the up and living standards are improving. There are very few reliable and safe investments that can compete with the property market in Thailand. And while you are sitting on an ever increasing investment you get to enjoy one of the most popular tourist destinations in the world.

Krabi Palm Valley is one of the first developments seeking to offer an opportunity to buy into Krabi Property at a sensible affordable price range. The project is centrally located with easy access to everything Krabi has to offer.

Projects in planning or construction in the Province include Golf Courses, Marina’s, Hospital and Medical facilities, shopping centres and International Schools. As soon as these facilities are completed, the Krabi market is sure to become ever more popular. Be smart and get into Krabi now.

But don’t take our word for it, come and see for yourself.