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According to statistics from the Tourism Authority of Thailand, it was found that the number of tourists who arrived during this year increased 3 times compared to the same period last year. In total, 135 million tourists came to the country in 2022, although this is still less than it was before the COVID-19 outbreak. The arrival of tourists has...
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Thailand entered the TOP-10 most sought-after locations for Russian relocation in 2022. In the same period of the previous year, the kingdom held the 20th spot in the rankings. In this country, people purchase homes for residing and as investment tools. In this article, we’ll review the risks of buying a home in Thailand. Thailand is one of the...
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The Bank of Thailand (BOT) has announced that it will not extend the easing of the minimum down payment measure on housing loans or the LTV measure from January 1, 2023. This is another negative factor for the real estate market, along with rising interest rates and rising construction prices. The reason why BOT considers the termination of LTV...
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The main trends in the real estate market in 2023 have been identified. Consumers will focus more on cost and safety, as well as aspects formed after COVID-19: Space. People want a big house. So that each resident has a personal space and a place to work. Health and well-being. As for health and environmental issues, such as clean air without...
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It is expected that in 2023, the real estate market will be influenced by many factors, such as an increase in the minimum wage by 5-8%, effective from October 1, an increase in the cost of building materials, which increased by 5-6% and higher, an increase in interest rates, an increase in land prices after the revaluation of land on January 1,...
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The economic recovery caused by the return of tourists in the second half of this year led to the fact that pre-sales in the third quarter and the revenue of large developers reached a record high. Sansiri has exceeded its pre-sale target for 2022 and reached 47 billion baht, the pre-sale target was 35 billion baht, and in the first nine months...
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The developer Raimon Land, listed on the SET list, plans to focus on the construction of elite and super-luxury real estate and the business of the new economy. The company is now focused on opening One City Centre, a new Class A office building in the Plonchit district of Bangkok, in the first half of 2023. The company has shifted the focus in...
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For 5 years, Chinese citizens have become owners of the largest number of real estate units among foreigners in Thailand worth more than one hundred billion baht. There are a large number of real estate units that were bought by Chinese citizens through front persons. Most of these objects cost at least 50 million baht, and are a house with a plot...
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Is it worth moving to Thailand? This question worries those who are choosing a relocation destination. The kingdom is becoming increasingly popular among holidaymakers and foreigners considering property in Thailand as an option for a possible relocation. The country, with a comfortable climate, attracts an increasing number of expats every year....
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Plans to allow foreigners to own land in Thailand were canceled by the government after it received a negative response from many powerful groups. The Cabinet of Ministers recently approved a project allowing foreigners to own up to one paradise of land for personal residence, but the project was canceled. The Thai Real Estate Association together...
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