Tranio case: buying an investment property in Phuket
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.
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International Schools in Phuket
A quality education is a decisive factor for foreign families considering a move to another country. In this regard, Phuket is the only tropical resort in Thailand suitable for extended family stays.
Data: In H1 2023, demand for real estate in Thailand has grown among investors from China, USA, and European countries
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.
Mortgage in Thailand: interest rates for foreigners in 2023
"Thai banks do not provide mortgage loans to non-residents. What’s more, foreign nationals can´t get a bank loan for any purpose. There is only one legal way for them to finance their property purchases in the country, which is through the MBK Group," said Nikita Shcherbina, Director of the East-West Realtors Group, Tranio's partner in Thailand.
Which rental strategy is more lucrative in Phuket: guaranteed yield or rental pool?
Resort investment properties in Phuket can generate high rental yields of 5–9% per annum for their owners.
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Thailand real estate prices in 2023
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.
Property management in Thailand in 2023
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.
Tourism in Thailand: types, features, and know-hows
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.
Russian-speaking buyers of overseas real estate – 2023
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.
Statistics: In 2022, Russians bought up thousands of apartments in Turkey, Georgia, and Dubai
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.
Living as an expat in Vietnam
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.
Healthcare in Thailand for expats in 2023
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.
Climate in Thailand: change by month and region
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.
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Types of property ownership in Thailand: freehold and leasehold
Freehold in Thailand is the equivalent of the perpetual ownership of property, which exists in most countries.
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Permanent residence in Thailand: citizenship by investment in 2023
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.
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