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Thailand offers not only a fantastic holiday experience but also an attractive opportunity for real estate investment. Known as the Land of Smiles, it is the most visited country in Southeast Asia, welcoming 11.15 million tourists in 2022. Despite rising prices, real estate in Thailand remains relatively affordable compared to Western countries. This article will guide you on how to purchase an apartment with a pool and gym at a competitive price, as well as what foreign investors should be aware of when buying property in Thailand.

Many immigrants and investors interested in purchasing property in Thailand are drawn to Phuket, the country's largest island. Over 50% of the island is covered with scenic hills and jungles, featuring an abundance of mangroves, coconut palms, and beautiful beaches. Phuket offers a comfortable living environment for all, whether young people, families with children, or seniors. The island is equipped with essential infrastructure, including schools, universities, hospitals, markets, shops, shopping centers, and entertainment options to suit everyone’s tastes. Currently, there are several options for buying property in Phuket, including installment plans. This article explains the details.

Foreign nationals purchase property in Thailand for various reasons: to generate income, to live there permanently, or to use the property as a holiday home. Between 2021 and 2022, the number of condominiums owned by foreigners in Thailand increased from 8,199 to 11,561 units. Experts predict that this positive trend will continue into 2023.

Before buying property in Thailand, it’s essential to understand the key factors that influence apartment prices.

In 2024, foreigners will still be able to purchase real estate in Thailand, including condominiums with freehold status. This allows private ownership of individual apartments, while common areas are jointly owned by all residents. It’s important to remember that foreigners cannot own more than 49% of the total units in a condominium complex.

Investing in foreign real estate remains one of the most profitable options. Buying a condominium in Thailand could be a great investment choice. As one of the largest countries in Southeast Asia, Thailand attracts tourists year-round, making local housing investments potentially lucrative. Let’s explore whether purchasing property in Thailand is worth it and what kind of returns foreign investors can expect.

Thai palaces and temples, with their intricate decor, capture the imagination. However, the homes of local residents, even those of substantial wealth, are typically simple and unassuming. This minimalism creates an atmosphere that encourages contemplation and self-reflection, highlighting the beauty of the surrounding world. Modern designers and architects working in Thailand's real estate industry often follow these same principles.

Explore the distinctive features of contemporary Thai homes and discover what makes them so attractive to even the most discerning buyers.

Phuket is one of the most popular destinations in the tropical kingdom for those looking to buy property in Thailand. However, the island’s genuine charm and beauty, combined with the desire to quickly own a personal piece of paradise, can push inexperienced buyers into making impulsive decisions. Some may fall into well-crafted traps set by unscrupulous sellers.