Introduction of Thailand

Thailand is the most beautiful countries in the world, known as the “Land of Smiles”. Thailand is one of the top destinations for expatriates around the world. Its natural landscapes, cultural heritage, ancient architecture, delicious food, low cost of living, and hospitality services are all attractive points. Therefore, there are countless people who come to Thailand to buy real estate.

Thailand has airline, rail and road options that can take you from turquoise seas and white sandy beaches. With cheap domestic routes and more than a dozen airports, you can be in almost every part of the country in a few hours.

This exotic location has always been a favorite property for international investors, especially those from Hong Kong, China, Singapore, Malaysia, Russia and Australia. Overseas buyers consider Thailand as one of the best places to retire. Due to the country’s level of economic development, property prices in Thailand are still at a low level, and rental yields are very attractive. Regulations in Thailand fundamentally limit the purchase of condominiums by foreigners, and its land laws limit foreign ownership of Thai property. With only 49% of total Thai real estate space available for allocation to foreign buyers.

Nonetheless, real estate prices in popular areas such as Bangkok, Phuket, Pattaya and Chiang Mai have been rising amid the global economic downturn, especially in Bangkok. Apartments and villa properties in this area are most popular with tourists and foreign businessman. With the increase in demand, real estate in Bangkok has more potential for appreciation. As a result, most investors focus on buying properties in Bangkok.