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Expert insights, market updates, and practical guides to help you navigate the Phuket real estate market.
Condos & ApartmentsCan foreigners build a house in Thailand?
Foreigners are not allowed to buy land in Thailand, but you can buy apartments and condominiums as a non-citizen. However, foreigners cannot make up more than 40% of the total ownership of the apartment block or condo. Interestingly, you can buy the entire building as a…
Condos & ApartmentsCan you own a home in Thailand?
The cost of renting an apartment in Thailand is about 16 percent of what it costs to rent an equivalent apartment in New York. Thailand is the 65th most expensive place to live in the world. What is the average Thai income? In 2020, the average salary in Thailand was 619 USD.…
Condos & ApartmentsCan foreigners own villa in Thailand?
How much money do you need to live comfortably in Thailand? You should plan to live in Thailand with a budget of at least $1,500 per month, with $2,000 being a more reasonable benchmark. This will allow you to live comfortably without breaking the bank. You might be able to live…
Condos & ApartmentsIs it easy to sell property in Thailand?
Buying real estate in Thailand, be it a house or an apartment, requires the services of a reputable law firm. Once you have decided which property you intend to buy, always consult a lawyer before signing any documents. Where can I invest in Thailand? Five hot spots to invest in…
Condos & ApartmentsWhere do most expats live in Phuket?
What is Phuket known for? Phuket is the largest island of Thailand, and probably the most famous. Blue waters, sandy beaches, spicy Thai cuisine, and excellent snorkeling and diving are all part of the appeal. What is so special about Phuket? Phuket is famous for a number of…
Condos & ApartmentsHow much money do you need to live comfortably in Thailand?
How much is a Big Mac in Thailand? Big Mac: 129 THB. Double Big Mac: 179 THB. Which country has the cheapest Big Mac? This statistic (January 12, 2021) shows the some of the cheapest places to buy a Big Mac. India – $1.62 (INR 130.07) Lebanon – $1.77 (15,500.00 LBP) Russia –…
Condos & ApartmentsCan a foreigner buy a house in Thailand?
How can I send money to Thailand to buy a condo? How to transfer ownership of real estate in Thailand to foreigners? Step 1) Pre-sale agreement Step 2) The buyer transfers funds from abroad Step 3) The buyer receives documents from a Thai bank Step 4) The seller receives a…
Condos & ApartmentsCan I live in Thailand if I buy a house?
Can I buy residency in Thailand? All applications for Thai Permanent Residency are processed by the Royal Thai Immigration Commission. The annual quota for granting permanent residency in Thailand is up to 100 persons per country. The application period for Thai PR usually runs…
Condos & ApartmentsIs it easy to buy a condo in Thailand?
What is the average rent in Thailand? Some pay over 50,000 Baht in rent and some pay 30,000 baht. There are also some that pay around 15,000 Baht and some that pay less than 5,000 Baht a month. In other words, the cost of the monthly rent varies widely and depends on factors…