Tag: Thailand

Top 4 Real Estate Websites in Thailand

Posted on by Marcus Sohlberg — Leave a comment

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

Thailand has been a hot-spot among foreign property buyers for decades back, but the market really took off around 2010. Since then, we have seen various real estate websites popping up, trying to attract local and foreign buyers alike.

Being one of the most popular markets in Asia, it would be an understatement to say that the competition for real estate leads is high in Thailand. Even if places like Vietnam become interesting among investors, Thailand will remain as a prime location with more options.

In this article, we review the four top real estate websites in Thailand and what sets these apart. Let’s start with the biggest one.

1. Dot Property & Thailand-Property

Dot Property and Thailand-Property are two of the biggest real estate websites in Thailand owned by Dot Property Group. Continue reading Top 4 Real Estate Websites in Thailand

Thailand Property Prices: An Overview

Posted on by Marcus Sohlberg — Leave a comment

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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

Posted on by Marcus Sohlberg — Leave a comment

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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, 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

Posted on by Marcus Sohlberg — Leave a comment

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

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

Thailand Property Market Outlook 2020: A Complete Overview

Posted on by Marcus Sohlberg — 2 Comments

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

Buying property overseas is one of the biggest investments many foreigners make. Before you buy assets in a developing market, you must do thorough research and understand what you can expect from the market in the coming years.

Thailand is undoubtedly one of the most popular choices foreigners have when buying property overseas. In this article, I will explain what our predictions are for Thailand’s property market in 2020.

Topics covered in this article:

  • Thailand’s Property Market in Previous Years
  • Pattaya’s Property Market
  • Bangkok’s Property Market
  • Chiang Mai’s Property Market
  • How will Thailand’s property market perform in 2020?
  • Are there any other positive aspects of investing in Thai property?
  • New Property Projects in Bangkok
  • Thailand’s Demographic Issues

Thailand’s Property Market in Previous Years

Thailand’s property market has been in a slow but consistent upward trend for over a decade now. The main reason is the increasing number of foreigners that visit and live in Thailand.

Around 88,000 foreigners applied for work permits in Q2 2018 in Bangkok alone and the number continues to rise. To put it in some context, in Q1 2015, 78,000 foreigners applied for work permits. That’s an increase of 10,000 expats per quarter, or 40,000 yearly.

A better economic outlook, higher take-up, and occupancy rates have resulted in this upward trend. Still, the market performance differs much between cities.

For example, Bangkok and Chiang Mai have experienced higher growths, while places like Cha Am, Hua Hin, Khao Yai, and Pranburi have seen slower growth, or even stagnated. Continue reading Thailand Property Market Outlook 2020: A Complete Overview

List of Serviced Apartments in Bangkok: Our Top 7 Picks

Posted on by Michael Li — Leave a comment

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

Buying Condos in Phuket: The Ultimate Guide

Posted on by Marcus Sohlberg — Leave a comment

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Do you plan to buy property in Thailand?
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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

Posted on by Marcus Sohlberg — Leave a comment

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

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

Posted on by Marcus Sohlberg — 5 Comments

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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Do you plan to buy property in Thailand?
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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