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Foreign investors want to invest in projects in Phuket operating in the hotel format in order to receive a permanent rent every year. Now Phuket is in demand for both rest in hotels and real estate for rent for a longer stay. Many Thais themselves buy second homes in Phuket. In addition, more and more foreigners are constantly arriving on the...
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Phuket remains one of the main destinations for both Thai and foreign tourists. Thus, the prestigious Travel+Leisure Southeast Asia magazine named Phuket the best island in Southeast Asia. In the period from January to February 2023, there were more customers interested in renting residential real estate, compared to the same period in 2022. The...
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The current year 2023, according to experts, will be “golden” for Phuket real estate. The number of booking registrations in ready-made projects and the number of transfers are increasing dramatically. There is an increasing demand for condominiums and villas with a swimming pool. Demand may become so high that developers risk not having time to...
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Why real estate in Thailand, specifically in Phuket, has a yield of 7–12% per annum, while property in Turkey and other popular locations in the world brings its owners a much smaller income? What scheme of profit experienced buyers of investment property in Thailand choose? We share the opinion of the experts. Content: Why...
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Phuket is becoming an even bigger magnet for foreign investors who enter the luxury real estate market. Developers are developing megaprojects, as they see a great tourist potential in Phuket. In 2022, 5,628,483 Thai and foreign tourists visited the island (including 3,320,217 foreigners). Phuket is called a “beautiful pearl” The Andaman Sea. Now...
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Real estate in Thailand may be bought by citizens of all countries in the world. We decided to find out which country’s citizens most often bought apartments in Thailand in 2022. Content: Real estate in Thailand for foreigners List of leading countries Higher demand on housing from foreign buyers in 2021-2023 Reasons for the hype among...
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In Thailand, real estate experts said that the state has a significant advantage over other Asian countries - for those who plan to live here for a long time. In particular, we are talking about the provision of medical services at a good level. According to Vasan Keangsiri, President of the Housing Business Association, in 2023 the real estate...
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Thailand is one of the destinations that tens of thousands of Europeans traditionally choose for travel and life. Phuket is also one of the most frequently visited locations. Data from Phuket International Airport indicate that only in the period from November 1, 2022 to January 21, 2023, more than 233 000 Europeans arrived on the island. A massive...
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Developers in Thailand are introducing solar batteries in order to reduce carbon emissions. It is expected that the emergence of new residential projects in 2023 will reduce carbon emissions by 100 tons, which is equivalent to planting 6,300 trees per year. By 2050, Thailand plans to achieve zero greenhouse gas emissions for environmental...
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In Chiang Mai, the largest city in the north of Thailand, there is an increase in real estate sales to foreigners from Europe and Asia. Both condominiums and low-rise projects are popular. Chiang Mai Province shows a trend towards constant expansion in the real estate sector of both residential and commercial projects. Tourism is well developed in...
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