June 22, 2024

Thailand has announced a significant policy shift aimed at boosting its real estate sector and attracting foreign investment. The new measures include increasing the foreign ownership limit for condominiums to 75% and extending property leases to 99 years. Key Takeaways Foreign ownership limit for condominiums increased from 49% to 75%. Property lease durations extended to 99 years. Aimed at stimulating...

Phuket's real estate market is experiencing an unprecedented boom, with property values soaring to $12.8 billion as foreign buyers rush to invest in vacation homes and condominiums. This surge has surpassed pre-COVID levels, making Phuket a global hotspot for real estate investment. Key Takeaways Phuket's real estate market has reached a total value of $12.8 billion. Foreign buyers are driving the demand,...