Foreigners bought fewer units in 2021, but spent more, survey finds

A recent survey by the Government Housing Bank’s Real-Estate Information Centre (REIC) found that though fewer properties in Thailand were bought by foreigners last year, the value of the units they bought was significantly higher. According to the survey, a total of 8,198 units were sold to foreigners in 2021, marking a 1.1 per cent drop from 8,287 units sold the year earlier. However, the value of the units bought by foreigners rose 5 per cent year on year to 39.61 billion

Thailand approves USD2.8 billion more economic support

Thailand’s cabinet has approved a further THB 92 billion (USD 2.76 billion) of relief measures to help boost its flagging economy as the Southeast Asian country deals with its biggest and most prolonged coronavirus outbreak. The Tourism Authority of Thailand (TAT) expects the programme to draw 10,000 foreigners with investment spending of about 300 billion baht. The move is in line with a wider plan to lure a million foreigners to help the economy. Thailand’s economy is expec

Market Outlook for Thailand’s Real Estate Shows Potential Recovery for 2022

Market Outlook for Thailand’s Real Estate Shows Potential Recovery for 2022 As many people already know, due to the impact of the global economies on various industries, the real estate market has suffered significantly as well. This has led to a surplus in properties that are being sold/rented at a relatively low price, below market value, leading to buyers benefiting from this situation. While it is true that many buyers have delayed, postponed, or even stopped their buying

Thailand Foreign Property Ownership: Your Best Options

There is one country that undoubtedly comes to mind when someone mentions Southeast Asia: Thailand. Foreign property ownership in Thailand is among the most popular methods of direct investment in Asia. Westerners will sometimes automatically direct their attention to the “Land of Smiles”. Thailand is among the most heavily-touristed countries on earth, after all. People tend to invest in what they’re familiar with. That is why Thailand is usually the first place considered w

50 Advanced English For Real Estate Terms.

You might want to take a look at some videos online to hear different conversations using English for real estate agents. The truth is that real estate agents are known for their way with words – and being able to describe horrible small places in a way that makes buyers think about them in a different light. However, there is some important terminology that estate agents need to be aware of in English. It is crucial that you only use this vocabulary in the right setting and