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А rental pool is a profit-sharing scheme where the actual rental income is distributed between investors and the management company. The annual rental income from all the apartments in the condominium is pooled into the management company’s account and then distributed according to one of two models during the reporting period

Taxes in Thailand for foreigners depend on various factors, such as doing business, generating income in the country, purchasing real estate, and long-term stays.

Thailand's tax system is considered one of the most favorable in Southeast Asia. The tax rates on income, property ownership, and VAT are among the lowest in the region, second only to Singapore.

In Q3 2024, Russian interest in foreign real estate saw a slight decline, down by 0.6% compared to the previous year. For the first nine months of this year, overall demand cooled by 8.2% year-over-year.

Russia continues to be a major player in Thailand's real estate market, maintaining its position among the top three investors alongside China and Myanmar. Despite a slight decline in transactions by Chinese and Russian citizens in Q1 2024 compared to Q1 2023, the overall transaction volume remains dominant.

In recent years, Thailand has become one of the most attractive countries for real estate investment. Its favorable climate, relatively low prices, and well-developed infrastructure attract foreigners from all over the world. Many of them buy homes here for vacation, rental, or investment purposes.

The decision on which city is the best to buy property in Thailand depends on your goals. If you're purchasing real estate as an investment, it's best to choose popular tourist areas near the sea or central areas of Bangkok. These locations offer highly liquid properties and high rental rates, ensuring a quicker return on investment.

Thailand's real estate market has unique development characteristics shaped by the historical evolution of the region. Cities like Bangkok, and its central districts of Wattana, Khlong Toei, and Huai Khwang, exemplify this. These areas are crossed by major roads, and the real estate sector developed to provide housing near key transportation routes.

In this article, we will delve into Thailand’s real estate market, its key features, and the different types of housing available.

Thailand is one of the most affordable and attractive destinations for a comfortable holiday in 2024. One of the highlights is the "Phuket Sandbox" programme, which allows vaccinated tourists to travel freely around the Kingdom after staying in Phuket for just seven days. The No Quarantine policy has been simplified, eliminating the need for PCR tests upon entry. This change has provided a great opportunity for foreigners who were interested in purchasing real estate in Thailand but were previously unable to do so due to quarantine restrictions.