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The Bangkok Metropolitan Administration fully levy a tax on land used in agriculture. Previously, this type of land was subject to a privilege, but many landowners registered their lands as agricultural to reduce the tax rate with other land use. At the moment, the rate of 0.01-0.1% applies to agricultural land (depending on the value of the...
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Although the hotel market in Bangkok and Thailand has slowed down significantly over the past 2 years due to the disappearance of foreign tourists, almost 40 million foreign tourists a year came to Thailand until 2019. Since 2021, the figure has changed a lot, now it is slightly higher than 400,000 people. The indicator decreased by 98-99%,...
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The National Housing Administration provides an opportunity for low-income people to register and reserve the right to rent buildings in Phang Nga from the beginning of August to August 30, 2022, granting the right to elderly, disabled and low-income people to rent apartments in special houses for ฿1,400 – ฿2,500. "Low-income Construction Project"...
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In the first half of 2022, 52,964 units of houses and condominiums were built in Bangkok and its environs, almost the same as in 2021. Hundreds of thousands more new units are expected to be launched during the year. About 105,928 units are expected to be launched during the year, with a total value of ฿387 billion, which means a 40% increase in...
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The Thailand regions most popular among foreign buyers are Bangkok (the Kingdom’s capital) and resort areas on the South and East coast. High-end real estate is found in many parts of the country. Read on to find out about Thailand’s most popular locations for luxurious living. Content: Bangkok Resort districts Bangkok Bangkok has both...
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A large development company "Honor Group" is investing in the construction of a multifunctional empire in the center of Pattaya. Chonburi Province is an industrial and tourist center, one of the three provinces of the Eastern Special Economic Development Plan (Eastern Economic Corridor), thanks to which the province receives large state benefits...
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For many years, there has been the Property Personal Shopper (personal real estate assistant) in many countries. Now it's high time for Thailand. NPP Realty & Consultants is the first and only agency that provides personal assistants to buy a property in Thailand. In the world of elite consumption, you can find personal assistants in very...
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Korat may not be the largest or most famous city in Thailand, but there is a high demand for residential real estate in this area. According to the Nakhon Ratchasima Real Estate Association, the restoration of industrial zones in the region has boosted purchasing power, which has spurred the local real estate market. People working in the...
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The developer Frasers Property Thailand has announced its plans to invest about ฿14 billion in hotel, residential and industrial projects during the year. Most of the investments will come to the residential sector, as the developer moves to the construction of private houses. Most of the investment budget, amounting to ฿10 billion, was directed...
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Ivy Jomtien is the first duplex condominium in Pattaya and one of the most unique projects launched in this region over the past few years. It contains only duplex apartments. Realizing that the market is already full of conventional residences, the developer wanted to do something completely different but within the same price range as the other...
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