Alesia Razinkevich

Alesia Razinkevich

Editor-in-Chief, Head of Content Marketing

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  • About the expert
  • Articles 37

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According to REIC (Real Estate Information Center), in the first quarter of 2025, foreign demand for condominiums in Thailand remained stable, but the structure of transactions and the geography of buyers changed significantly compared with the same period in 2024.

In 2024, Thailand welcomed a record number of international tourists — over 35.5 million people, marking a 26.3% increase compared to 2023. This growth was driven by relaxed visa policies and the active restoration of international flight connections. Tourism revenue reached 1.66 trillion THB (approximately 48.5 billion US dollars).

Freehold in Thailand is the equivalent of the perpetual ownership of property, which exists in most countries.

According to Trading Economics, the house price index in Thailand increased from 164.30 points in November 2024 to 165 points in December 2024, reaching its all-time high since 2011. Foreign demand remains a key driver of activity in the Thai housing market, while the participation of local buyers is declining due to weakened purchasing power and limited access to mortgage loans.

In Thailand, there are no bank mortgages for non-residents. The only financial institution in the country that provides loans to foreigners for real estate purchases is the MBK Group.

The Kingdom of Thailand is one of the most popular tourist destinations in the world. In addition to holiday-makers, the so-called «Land of smiles» attracts many expats and pensioners, who come here for permanent residence. In this article, we will review all types of short-term and long-term visas available in the country, as well as all possible ways of becoming a resident of Thailand.

To purchase real estate in Thailand, a foreign individual actually needs only a foreign passport. The purchase of real estate in Thailand is carried out in several stages.

The maintenance of an apartment in a resort complex in Thailand costs about 1,950 US dollars per year. The exact amount depends on the area size of housing and the infrastructure of a residential complex itself, as well as on regional tariffs and the consumption of resources and services.

Thailand has low taxes for buyers and property owners. Tax rates and registration fees vary depending on the form of ownership of real estate — freehold (ownership) or lease (long-term lease for 30 years with the right to double renewal), and also depend on the tax status of the owner and the duration of ownership.

According to the Global Relocate rating for 2025, Thailand ranked 9th among the countries with the best healthcare system, receiving 140.5 points. This rating takes into account such factors as the quality of medical care, accessibility of medical services, financing of healthcare, and the use of modern technologies. Thailand also ranks 1st in the top 10 most popular countries to visit for medical tourism.