Thailand Property Prices: An Overview

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Thailand is one of the most visited countries in the world that relies much on foreign investors. The country was affected badly, to say the least as COVID-19 spread over the world and reduced investments to a minimum.

It’s not easy to discuss future outcomes or current prices when the market is turbulent and behave abnormally. With that said, we have collected data and information to understand how the Thai real estate market has been affected, reviewing real estate prices in different cities and islands.

In this article, we analyze the top investment destinations among foreigners, including Bangkok, Phuket, Koh Samui, and Pattaya. If you have any questions or valuable information you would like to share, feel free to write a comment below.

Bangkok

Bangkok’s real estate market has been hit hard due to the COVID-19 pandemic and new supply was down more than 73% in Q2 2020 compared to the previous year.

Saying that both the tourism industry industries have been heavily disrupted would be an understatement. The demand and supply have decreased tremendously and around 100,000 units were unsold in May 2020, according to Knight Frank Thailand. Continue reading Thailand Property Prices: An Overview

Best Areas to Buy Property in Bangkok

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Bangkok is the most visited city in the world and attracted as many as 22.7 million travelers in 2019. Foreign investors have poured in, particularly from countries and regions like Hong Kong, mainland China, and Singapore, driving up prices.

If you have visited Bangkok a few times and aren’t sure about where you should buy real estate, you have come to the right place. In this article, we list the neighborhoods, the most interesting areas to buy, and finally, explain briefly about the most luxurious areas. Continue reading Best Areas to Buy Property in Bangkok

COVID-19’s Impact on Thailand’s Real Estate Market

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Real estate markets all over the world experience a turbulent period and it’s difficult to say what the end result will be in the coming months. It mainly comes down to how long lockdowns will be in place and for how long countries will keep their borders closed.

The Thai property market started to slow down in 2019 and the market was predicted to continue on that track even before the COVID-19 crisis started. Many homeowners will face challenges, at the same time as novice investors will look for a discounted property.

To keep you updated about the real estate market in Thailand during these uncertain times, we’ve written this article and where we will share updates weekly. Continue reading COVID-19’s Impact on Thailand’s Real Estate Market

List of Serviced Apartments in Bangkok: Our Top 7 Picks

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Serviced Apartments in Bangkok

Are you moving to Bangkok and looking for a suitable serviced apartment?

Bangkok is one of the busiest business and tourist cities in Southeast Asia, this is also reflected in the wide choice of serviced apartment companies that operate here.

A serviced apartment represents a flexible option, whether you are planning to travel to Bangkok for business or vacation purposes.

In this article, we list 7 serviced apartment companies and compare them according to their rent span, unit size, minimum duration of stay, location and facilities.

Overview

Benefits of renting a serviced apartment in Bangkok

First of all, serviced apartments are different than traditional apartments, as you don’t have to buy furniture or kitchen appliances, as they come fully furnished and equipped. Continue reading List of Serviced Apartments in Bangkok: Our Top 7 Picks

Investing in Thailand Commercial Property: Foreign Buyer’s Guide

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Thailand’s commercial real estate market is less spoken about compared to other regional countries, like Singapore and Malaysia.

The main reason is that these countries are more developed and with better foreign ownership regulations.

Truth be told, there are not many options available in Thailand, at least not to individual investors. The only exception is if you invest in Real Estate Investment Trusts (REITs).

With that said, increasingly more foreign companies have started to target Thailand’s commercial property market, including property developers, manufacturers, and co-working space operators.

In this article, we review the following:

  • Can foreigners buy commercial property in Thailand?
  • Thailand’s Commercial Property Market
  • Best Cities to Invest in Commercial Property in Thailand
  • Commercial Property Taxes
  • FAQ

Continue reading Investing in Thailand Commercial Property: Foreign Buyer’s Guide

Buying Condos in Phuket: The Ultimate Guide

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Phuket is an amazing holiday destination and is fast becoming one of the world’s most visited islands. In 2018, Thailand attracted nearly 35 million visitors and almost one third of those spent time in Phuket.

And the amount of travelers is expected to rise significantly in the coming years.

There’s a prediction that mainly Chinese will flood the Phuket real estate market as they struggle with property prices back home. They’ve also become more aware of the opportunities to buy overseas property to use as investment vehicles.

Yet, before you buy real estate in Phuket, it’s important that you get your feet wet and learn about the market, where to buy, about prices, and more.

In this article, you’ll about learn the following:

Continue reading Buying Condos in Phuket: The Ultimate Guide

Buying Condos in Bangkok: The Definitive Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Thailand?
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As property prices reach all-time-high in places like Hong Kong, real estate buyers have started to look for investment opportunities elsewhere.

One of the most popular cities for overseas property investors in Asia is undoubtedly Bangkok. Being the most visited city in the world, Bangkok has a perfect geographical location, good health care, many international schools, comparably cheap property, long-term visas, and the list goes on.

Still, before you engage in Bangkok real estate, you must understand what you can expect from the market, where to buy, about condo prices, and more.

In this article, we review the following:

Continue reading Buying Condos in Bangkok: The Definitive Guide

How to Buy Property in Thailand: The Ultimate Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Thailand?
Click here to get in touch with an experienced agent

Thailand is one of the most popular countries for overseas property investors in Thailand. In the past years, we’ve seen particularly strong demand from places like mainland China, Hong Kong, and Singapore.

What sets Thailand apart from countries like Vietnam, Cambodia, and Indonesia is that it has multiple long-term visas, a developed tourism industry, and a long history of welcoming foreigners.

In this article, we review the following topics for foreign real estate investors:

  • Can foreigners buy property in Thailand?
  • Buying a Condo in Thailand
  • Buying a Villa in Thailand
  • How to Finance a Property in Thailand
  • Getting a Mortgage as a Foreigner in Thailand
  • Getting an International Bank Loan
  • Property Taxes in Thailand
  • Property Prices in Thailand
  • Renting Out Property in Thailand
  • FAQ

Can foreigners buy property in Thailand?

Foreign individuals are allowed to buy 49% of the units in condominium projects. The remaining 51% needs to be allocated to locals.

Besides, foreigners can own strata-titled office units, with similar regulations as when buying condominiums. This is not common though as there’s a scrace demand.

Worth mentioning is that you can also buy and own physical structures, but not the land that these are built on. However, there are ways to get around this.

You can either lease the land or buy it through a local company (where the first option is significantly easier). Let’s review the two options. Continue reading How to Buy Property in Thailand: The Ultimate Guide

Phuket Condos for Sale: 7 Interesting New Projects & Launches

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Located along the beautiful Western shoreline in Thailand, Phuket is one of the most visited places in Thailand. Some foreigners even decide to settle down here full time.

You’ll find a number of established and off-plan properties with great amenities. A benefit of investing in Phuket is that developers often offer high guaranteed rental incomes if you invest in the right areas.

In this article, you’ll learn about some of the most interesting new property projects for sale in Phuket, including villas, condos, condotels, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Projects Covered

Continue reading Phuket Condos for Sale: 7 Interesting New Projects & Launches

Property for Sale in Bangkok: 7 Interesting New Projects & Launches

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Bangkok is the most visited city in the world and a favorite spot for many overseas property buyers. Personally, Bangkok is one of my favorite cities in Asia.

Even if the Thai economy is growing slowly, people still get attracted to this international melting pot for a number of reasons. With significantly lower property prices than places like Singapore, Hong Kong, and Shanghai, Bangkok will continue to be the number one choice.

Often, investors prefer to buy either new or off-plan properties, but we also see a demand for established property.

In this article, you’ll find interesting new condos for sale in Bangkok, in places like Sukhumvit Road, Sathorn, the Riverside, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2020-01-08

Continue reading Property for Sale in Bangkok: 7 Interesting New Projects & Launches