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Hey there
Here is the latest edition of thephuketinsider.com newsletter. Despite the continuing political dramas and economic crises, we had an opportunity over the past few weeks to visit projects including Kata Rocks, The Heights, Andara and Tawan Views with the good news being projects are moving ahead and there are transactions in the market. One the interesting developments is the municipal leasehold tax which is now hitting foreign property buyers:
For many overseas investors purchasing apartments and villas leasehold has been their only option due to foreign ownership restrictions in Thailand. While a 12.5% municipal tax on house and land has been in place, there...(read more).
New in the news is:
On Video we have new stories with Jonathan Gascoyne of Andara which is now looking to open the Resort Residences by year end, Ian Spurdle updating on all things East Coast with Tawan Views and Renowned Designer Adrian McCarroll of Original Vision speaking about upcoming trends.
Keep visiting the site and we appreciate any comments or feedback on new stories you'd like to see.
From Phuket
Bill Barnett | 