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In Thailand, the number of resales of new real estate is growing rapidly. They are put up for sale by local residents who are unable to pay off their mortgage. Experts note that foreign investors can benefit from what is happening. Real estate is most often resold in the following areas of Bangkok: Huai Khwang; Wattana; Chatuchak; Khlong...
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Real estate experts said that Chinese citizens remain the main buyers of apartments in condominiums in Thailand. In addition, experts have revealed what kind of real estate Chinese investors prefer to buy and how much they are willing to spend at the same time. Experts note that in Thailand there are more and more realtors working with European...
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Many foreign nationals consider the Kingdom of Thailand one of the most preferred destinations in Southeast Asia for permanent or temporary residence and real estate investment. This country is in high demand due to the low cost of residential properties and consumer goods, a stable political, financial, and economic situation, beautiful nature,...
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More and more Myanmar residents are investing in Phuket real estate. This was told by Carlo Pobre, managing director of the consulting agency KIM Property Consultants, which is based in Yangon, the largest city in Myanmar. Pobre said that more and more wealthy residents of Myanmar are planning to move to safer and economically stable countries....
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School education has become a new factor helping to attract foreign buyers of real estate to Phuket. This was stated by Boon Yongsakul, Vice President of Phuket Real Estate Association. Boon Yongsakul noted that there are now 13 international schools in Phuket offering training programs in the UK, France and the USA. Due to this, families with...
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Foreign nationals acquire property in the Kingdom of Thailand for various purposes: to earn money, reside in the country permanently, and/or live there during their holidays. From 2021 to 2022, the number of condominiums in Thailand owned by citizens of other countries increased from 8,199 to 11,561 residential units. According to experts, the same...
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Real estate experts told us which properties most often attract buyers from Europe in July 2023. According to statistics, most often European buyers are looking for spacious villas, which should have from two to five bedrooms. This is due to the fact that Europeans often move with the whole family and want to give their children freer space. A...
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Real estate and asset management consulting firm Capital Solution Asia (CSA) plans to conclude four real estate transactions totaling $45 million over the next 12 months from foreign investors investing in the country for the first time. Simon Derville, Managing Partner and Executive Director of CSA, said that Thailand is recognized as one of the...
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CP LAND is moving forward in the business of building office buildings under the CP Tower brand, expanding to 90% of the market, with work on 13 projects across the country over the next 3 years or by 2025. Technology has been introduced into the projects to improve the standards of quality, service, convenience and security of office buildings....
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Both investors and end users purchase real estate in Thailand, the former for profit, and the latter for permanent residence and seasonal holidays. While many holidaymakers preferred to lounge on the beach before, a more active pastime has become popular lately. Thailand is one of the countries whose economy is highly dependent on tourism. For...
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