GDI Overseas was honoured with two awards at the 17^th Annual International Property Awards in Dubai. GDI Overseas won the commendations of ‘Best Highly Commended Real Estate Agency’ as well as ‘Best Real Estate Website in Egypt’ at the Gala Even held on November 17^th, 2011 at The Burj Al Arab in Dubai.

Many talented Real Estate professionals are considered for these awards every year and only the best of the best are presented with awards in this prominent competition.  The International Property Awards have been honoring the best in Real Estate around the world for 17 years.  Though many compete for the prestigious awards, only an esteemed few win.  

This year’s winners were chosen by a group of talented and committed people.  Mike McNamara who is with the Royal Bank of Scotland served as a judge for this year’s International Property Awards along with David Dalby, Peter Bolton King, and James Bacon.  Dalby is with the Royal Institute of Chartered Surveyors, or RICS, King works for the Group of Chief Executives of the National Federation of Property Professionals, and Bacon is the United Kingdom Accounts Manager for Google.  Together, these men had some hard decisions to make, but chose to present GDI Overseas with two plaques commending their achievements in the Real Estate industry.

The Sales and Marketing Director for GDI Overseas, Stefan Picot, said, “We are excited and honored to have won these awards from the International Property Awards.  We at GDI Overseas feel that receiving these awards is a direct result of our hard work and dedication over the last year.  We strive to provide a high level of service and commitment to our clients”

GDI Overseas is a Real Estate company that specializes in luxury properties in many international locations.  GDI has offices in Prague, Egypt and Dubai staffed with skilled professionals who are ready to assist you with your property needs.  

The property market in Pattaya appears to be hotting up, with condominiums and apartments attracting both foreign and local investors. According to property consultants CB Richard Ellis, part of the attraction of this resort is its location as it is the nearest beach resort to Bangkok, at just over an hour's drive away. It also has very good amenities including good restaurants, shopping five-star hotels and residential properties, golf courses and of course some extremely nice beaches.

Its popularity is likely to be boosted by the fact that a number of celebrities are choosing to buy homes here, and former world champion snooker player, Jimmy White recently bought an apartment in a luxury beachfront development, The Palm Wongamat Beach. Apparently his reasons for choosing to buy property here are the excellent location, sea views and good pricing. This particular development is 70% sold in spite of pre-sales beginning just six months ago. Foreign buyers accounted for 65% of sales, while Thai investors accounted for 35%.

The resort is also proving particularly popular with Russians, who are looking to buy luxury holiday homes, but there are also significant numbers of Thai nationals who have bought property for their own use or as an investment, and some are choosing to purchase several properties in one development.

Some buyers are choosing to purchase apartments rather than condominiums due to the fact that most apartment buildings have a building's manager on hand to resolve any issues in individual units. Condominium buildings managers only have responsibility for management and maintenance of common areas, and are not responsible for maintenance of individual units, which could make condominiums much less attractive to investors looking for a hassle free purchase.