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

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

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

Top Real Estate Agencies in Phuket: A Complete Guide

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Phuket is one of the most visited resort islands in the world and attracts tons of tourists and people who want to relocate. It’s not strange, with such a breathtaking nature and quality of life offered.

With all the foreigners pouring into Phuket, we’ve also seen a number of real estate agencies setting up offices over the years. Therefore, I decided to write this article, where I explain more about some of the biggest and most popular real estate agencies in Phuket.

1. Thai Residential

Thai Residential is an established real estate agency with a team that’s been on-the-ground for 20 years. They’ve helped many foreigners to buy, sell and rent various kinds of properties, including condos and villas.

The company has also won different awards, including “Best Real Estate Investment Advisor for Asia 2019” from the UK’s Global Business Insights.

You’ll also find a highly acclaimed Phuket Property Guide on its website, which was written in collaboration with law firms in Thailand.

Property types

Thai Residential can help you to buy or sell villas, condos, townhouses, semi-detached houses, serviced apartments, and more.

Continue reading Top Real Estate Agencies in Phuket: A Complete Guide

How to Rent Out Property in Phuket: By Phuketcondo.net

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

Phuket is one of the favorite destinations for many foreign property buyers, thanks to its proximity to other countries in Southeast- and East Asia.

You’ve probably not gone unnoticed that it offers a great quality and attracts many tourists.

Nowadays, more and more foreigners have opened up their eyes to the opportunities to earn some extra money on rental incomes in Phuket.

Today, I have Mike Lundin from phuketcondo.net with me. He’s the Online Marketing Manager and the Head of their newly launched Phuket Rental Management Service.

Phuketcondo.net is a reputable company that caters many foreigners who want to buy or rent out property in Phuket.

Let’s see what Mike has to say and how they help foreigners to rent out property.

Mike, can you please tell us a little bit about yourself and what you do at phuketcondo.net?

I came to Phuket, Thailand on holiday about 10 years ago, and I knew almost right away I wanted to live here full time. Who wouldn’t with the laid back lifestyle and beautiful beaches?

Continue reading How to Rent Out Property in Phuket: By Phuketcondo.net