The Khao Yai property market is still quite young with most developments having been completed in the past five years. The initial property price growth during this time has been promising and experts have noted the market conditions will likely continue to be positive.
Several residential projects are part of rental schemes that allow owners to use their unit when they want and rent it out when they are away. This is the preference for many Bangkok buyers who want to have the flexibility of using the unit and generating rental income throughout the year.
One important thing to note for those considering buying Khao Yai property, there are several restrictions in place for building near the national park. Developers who fail to understand this can have their land confiscated by the government. It is important to either work with an agent, such as the team here at Century 21 Skylux, or a respected developer to ensure you are buying a unit at a legal development.