Thailand has an important place in the Asia-Pacific region. In the past, the economic growth in the area was associated with the rise of so-called Asian Tigers: Singapore, Hong Kong, South Korea and Taiwan. While the development potential of the former four countries has already reached its limits, Thailand still has the prospects for the future growth.
Andrey, an entrepreneur from Moscow, enlisted the Tranio team's help to find an apartment for long-term rental in Cyprus. However, his aspirations evolved into purchasing an apartment for permanent residence for his entire family. In this article, we will delve into Andrey's first overseas property purchase and explore the key factors that influenced his choice of apartments in Larnaca for investment and personal residence.
The trend of Chinese and Western investors looking to buy property in Thailand has been steadily increasing in 2022. Investor demand has focused on the country's resort areas, particularly Phuket, but the purpose of purchase has changed from leisure to investment.
Thailand is rightly regarded as one of the best countries for property investment in Asia, and an excellent alternative to Europe and the Middle East. The Thai market offers investments without the extremes of gambling with a high jackpot and risk, or purely protective investments where the millions of pounds invested will certainly not burn out, but the returns won't be substantial.
Over the past few decades, Thailand has become a reference of a paradise for living and leisure. White sandy beaches, the azure waters of the Indian Ocean, tropical flora and incredible natural landscapes together with the ancient history and friendly temper of the locals are contrasted with the daily life of the residents of the northern countries.
Paris is a city that never goes out of fashion. The capital of France is an architectural benchmark where modern public spaces blend organically with the historic environment and architectural monuments. Its image is glorified in the masterpieces of world art, and Paris is known all over the world as an example of quiet luxury that preserves the values of classic French culture.
France is one of the oldest property markets in Europe and the world. Being the second economy in the Eurozone, it provides stability and security for property investors. Buying a house in France is the first step of integration into traditional European society and investing in a long-term connection with its culture and values.
Despite the global economic instability, the region shows positive dynamics year after year in terms of return on investment. In 2023, buying property on the Côte d'Azur for foreigners remains an available and effective way to make the investments. The Tranio team would like to share the successful experience of our client: the purchase of a penthouse by the sea, near the Principality of Monaco.
Official data released by the Government Housing Bank (GHB) in June 2023 indicates a significant increase in the purchase of apartments in Thailand by foreigners in Q1 2023. Compared to Q1 2022, there has been a 79.2% rise in the number of units bought, with a total of 3,775 apartments purchased.
Foreigners can buy real estate in Dubai in instalments with a 10% down payment. Instalment plans can be combined with mortgages; moreover, you can get a residence permit in the UAE, even if the instalment plan has not yet been paid off. In this article, we will analyse the most profitable investment schemes associated with instalments.
Resort investment properties in Phuket can generate high rental yields of 5–9% per annum for their owners.
As of the beginning of 2023, the activity of Russian-speaking property buyers in various foreign countries has more than doubled compared to activity levels at the beginning of 2022.
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
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.
Dirham is the official currency of the United Arab Emirates. The code for this currency according to the ISO 4217 standard is AED; its subdivision currency is called fils (there are 100 fils in 1 dirham).