November 8, 2024

Phuket's real estate market is showing signs of recovery as international tourism resumes and demand for luxury properties increases. With a significant influx of foreign arrivals and a growing interest from buyers, particularly from China and Russia, the market is poised for growth in 2023. Key Takeaways Foreign Arrivals Surge: Phuket welcomed 2.1 million foreign visitors in Q1 2023, driving demand for...

Local real estate executives have expressed strong support for proposed measures aimed at boosting foreign investment in Thailand's property market. Key proposals include extending land lease periods to 99 years and increasing the foreign ownership quota in condominiums from 49% to 75%. These changes are seen as vital for revitalising the struggling real estate sector and attracting international...

Phuket, Thailand, is a beautiful island that attracts many people looking to buy property. With its stunning beaches, vibrant culture, and a variety of property options, it has become a popular destination for both personal homes and investment opportunities. This guide will help you understand the real estate market in Phuket, the legal requirements for foreign buyers, and the steps needed to successfully...