According to the Bank of Thailand, over the past 10 years (from 2012 to 2022), housing prices in the country have been steadily rising by 1–10% per year.
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 is one of the most popular holiday destinations in Southeast Asia. According to the Thai Ministry of tourism and sports, more than 11 million tourists from all over the world visited Thailand in 2022.
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.
In recent years, Vietnam has become an increasingly popular destination among expats and digital nomads. The small Asian country is famous for its natural beauty, incredible culture and delicious cuisine. Besides, over the past 10 years, Vietnam has emerged as one of the fastest-growing economies in the world, and a safe place to live and work.
According to the Global Health Security Index (GHS Index), Thailand is ranked 5th out of 195 in health systems performance rankings. Thailand is one of the leading countries in medical tourism and the price-quality ratio of medical services.
The Kingdom of Thailand has two types of climate: the tropical one in the northern regions of the country and the tropical monsoon one in the southern and southeastern regions. Thus, weather conditions in Thailand vary significantly by month and region.
Freehold in Thailand is the equivalent of the perpetual ownership of property, which exists in most countries.
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.
How to buy an apartment in Thailand as a foreigner? A foreign individual will actually need only an international passport to buy property in Thailand. There are several stages in the process of buying real estate in Thailand.
For Tranio, 2022 has been a year of testing our competencies under harsh conditions. We began to develop several relevant areas: Turkey, the UAE, Thailand; and in a short time we took a leading position in these markets.
Thailand has low taxes for property buyers and owners. Tax rates and registration fees vary depending on the owner’s tax status and the ownership’s duration, as well as on the type of property ownership — whether it is a right of ownership (freehold) or a right of possession (leasehold, which is essentially a long-term lease for 90 years).
Real Estate Investment Indonesia (REII) 2019 Conference is going to be held on 30-31 July 2019 in JS Luwansa Hotel, Jakarta.
Phuket is one of Thailand’s main tourist destinations. Investors from all over the world put their funds into the island's infrastructure development. However, Phuket does not only attract prominent entrepreneurs: investors with modest budgets can also make money on local real estate. Tranio partner, the Phuket9 development company, explains how.