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Hua Hin's condominium market will be stable in 2022, as developers in the area are delaying the launch of new projects. Knight Frank assesses the situation on the condominium market in Cha Am Hua Hin Khao Tao as of the second half of 2021: supply and demand are slowing down. Sales in the second half of 2021 remained stable. There are 7,484...
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According to the Real Estate Information Agency in Thailand (REIC), Thai real estate will recover in 2022. Five key factors were the reason: Government incentives – such as measures to reduce transfer fees and real estate mortgage fees for ฿3,000,000 or less by the end of 2022; GDP growth by 3-4% - due to increased purchasing power in the...
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One of the key stages in the immigration process to Thailand is obtaining a permanent residency visa or permanent residency. While the term "Permanent Residency" (PR) is more familiar to Eastern Europeans, Thais often use this term to refer to the same type of authorization. An essential requirement to get a PR is continuous residence in the...
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The Ministry of Finance is monitoring the situation of the new COVID strain and believes that, despite Omicron, economic activity can move forward. Currently, there are no reasons to lockdown Thailand. According to preliminary forecasts, the epidemic will last until the second quarter of 2022 and will affect the decline in GDP this year. After...
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Making money on real estate in Thai is not limited to citizens of the Kingdom; foreigners can also benefit. Compared to other investment methods, buying a Thai apartment or house to resale, or rent it out involves minimal risks. As the region is a popular holiday destination, there is always a high demand in buying and renting real estate...
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The Ministry of Finance monitors the situation with the new strain «Omicron» and concludes that economic activity can move forward, as there is no need for quarantine. K-Research reports that Omicron is rapidly gaining momentum and also quickly ending. The epidemic is expected to last until the second quarter of 2022. Porchai Tiravey, Director of...
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Many foreign citizens are considering moving to Thailand in 2024. This colorful country in Southeast Asia attracts expatriates and tourists not only with year-round warm weather but also with magnificent natural landscapes, picturesque beaches, and high-quality infrastructure. The Thai economy is developing steadily, the local currency exchange...
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Entrepreneurs operating in Thailand hope that the economy will recover in 2022. However, Omicron will correct this situation. To protect you and your money, analysts urge new entrepreneurs to be careful in choosing a project for investment and focus on launched ones and postpone sponsoring new ones, as there are risk factors. As for the...
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The decision of which city is best to buy an apartment in Thailand depends directly on your goal. If you are buying real estate as an investment, choose popular tourist areas near the sea, as well as central areas of Bangkok. Here real estate is liquid and high rental rates ensure a quick return on investment. Content: Where it is better to buy...
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According to the Real Estate Information Center (REIC), demand for housing and real estate sales will normalize by the end of 2023. After a severe epidemiological situation, Thailand’s real estate sector began to show signs of recovery. The reason for this was the relaxation of LTV measures by the Bank of Thailand (BOT) for loan agreements...
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