Taxes
Why does real estate in Thailand, particularly in Phuket, yield 7–12% per year, while property in Turkey and other popular destinations offer significantly lower returns? What strategies do experienced property investors in Thailand follow? Here, we share insights from the experts.
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.
Many foreigners are drawn to Southeast Asia and dream of settling down in Thailand. However, purchasing property in Thailand raises many questions. Here, we will address the top ten most frequently asked questions by property buyers.
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.