2024

Phuket marked a significant milestone in its cruise tourism industry with the arrival of the Genting Dream cruise ship at the deep-sea port on Wednesday, July 24, 2024. This event underscores Phuket's potential to become a major hub for large cruise ships in the region. Key Takeaways The Genting Dream, arriving from Singapore, has a gross tonnage of 150,695 and can accommodate 3,600 passengers. This is...

Investing in property can be very rewarding, especially in beautiful places like Phuket, Thailand. Known for its stunning beaches, rich culture, and growing economy, Phuket offers great opportunities for property investors. This guide will help you understand what to consider when buying property in Phuket. Key Takeaways Phuket's property market is booming with current trends showing growth in various...

Central Pattana (CPN), a prominent player in the real estate sector, has been honored with the "Best Public Company of the Year 2024" award in the real estate category by Money & Banking magazine. This accolade marks a significant milestone for CPN, highlighting its exceptional earnings performance over the past year. Key Takeaways Award: Best Public Company of the Year 2024 in the real...

The Thailand Condominium Act sets the rules for foreign ownership of condominiums in Thailand. It can be complicated, especially for non-Thai nationals. This article aims to simplify the Act and explain how foreigners can buy, inherit, and own condos in Thailand. We'll also discuss the role of legal advisors and compare Thai laws with those of other countries. Key Takeaways Foreigners can own condos in...

Purchasing a house in Phuket can be an exciting journey. This guide will help you through every step, from setting your budget to completing your purchase. Whether you're an experienced investor or a first-time buyer, this article will provide the essential information to make a wise decision. Key Takeaways Set a clear budget before you start your property search. Work with a trustworthy real estate agent...

When thinking about buying property in Thailand, you have two main choices: leasehold or freehold. Each option has its own set of rules, benefits, and drawbacks. It's important to understand these differences to make the best decision for your needs and goals. This article will help you learn about both types of property ownership so you can decide which one is right for you. Key Takeaways Leasehold...

Phuket has become a luxurious new playground for rich Russians fleeing Vladimir Putin's war, but some locals aren't happy. An influx of Russians is transforming the holiday island, driving up property prices and fueling local resentment over the flow of money into the country. Key Takeaways Phuket is experiencing a surge in Russian tourists and property buyers. Property prices and rental rates have...

Phuket, a gem in Thailand's crown, offers more than just stunning beaches and clear waters. Its real estate market is bustling with opportunities for both investors and homebuyers. This guide aims to walk you through the best options available, helping you make an informed decision. Key Takeaways Phuket's real estate market is vibrant and full of opportunities. Top neighbourhoods include Patong Beach, Kata...

Overview ALLY Global Management ("ALLY") and Range Real Estate Partners ("RANGE") have made a strategic investment in iBorrow, a private real estate lender based in Los Angeles. This move aims to capitalize on the current market conditions and expand their credit offerings. Key Takeaways Strategic Investment: ALLY and RANGE have invested in iBorrow through the ALLY USA Real Estate Fund...

Welcome to the fascinating world of foreign property ownership laws in Thailand! If you've ever dreamt of owning a piece of paradise in the Land of Smiles, you're in for an exciting ride. In this article, we'll unravel the legal intricacies surrounding the ownership of properties by foreigners in Thailand. So, let's dive into this tropical legal adventure and discover how you can make your Thai property...