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PROPERTY FOR SALE IN THAILAND


42,548 PROPERTIES AVAILABLE ON FAZWAZ

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Bangkok
18,427 Properties
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5,826 Properties
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5,637 Properties
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3,114 Properties
Prachuap Khiri Khan
2,202 Properties
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1,252 Properties
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1,129 Properties
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1,003 Properties
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776 Properties
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629 Properties
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208 Properties
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198 Properties
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194 Properties
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172 Properties
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116 Properties
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105 Properties
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87 Properties
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83 Properties
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80 Properties
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72 Properties
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62 Properties
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62 Properties
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60 Properties
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48 Properties
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46 Properties
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44 Properties
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43 Properties
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39 Properties
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37 Properties
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37 Properties
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36 Properties
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34 Properties
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31 Properties
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29 Properties
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25 Properties
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25 Properties
Nan
24 Properties
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24 Properties
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24 Properties
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24 Properties
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23 Properties
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23 Properties
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23 Properties
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22 Properties
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21 Properties
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20 Properties
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19 Properties
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19 Properties
Phayao
17 Properties
Pattani
13 Properties
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13 Properties
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12 Properties
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12 Properties
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12 Properties
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11 Properties
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11 Properties
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10 Properties
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10 Properties
Roi Et
8 Properties
Ang Thong
8 Properties
Ranong
8 Properties
Samut Songkhram
7 Properties
Phatthalung
7 Properties
Yasothon
7 Properties
Phichit
7 Properties
Satun
7 Properties
Amnat Charoen
6 Properties
Uthai Thani
6 Properties
Nong Bua Lam Phu
6 Properties
Tak
5 Properties
Bueng Kan
5 Properties
Si Sa Ket
3 Properties
Sing Buri
3 Properties
Yala
2 Properties



See All
Baan Suan Thada

Kaeng Loeng Chan, Mueang Maha Sarakham, Maha Sarakham, Thailand
€66,100 (€646/SqM)
3 Bedroom House for sale at Baan Suan Thada
This property is a 100 SqM house with 3 bedrooms and 2 bathrooms that is
available for sale. It is part of the Baan Suan Thada project in Kaeng Loeng
Chan, Maha Sarakham. You can buy this house f...
Details:
3 Bedroom(s) 2 Bathroom(s) 100 SqM Property Type: House
Year Built 2012
Garden View
Unblocked Open View
Private Garden
Terrace
Covered Parking
Pets: All Kind of Pets Allowed

Request Details
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Kaengsueaten village
Nong Bua, Phatthana Nikhom, Lop Buri, Thailand
€52,900 (€427/SqM)
3 Bedroom House for sale at Kaengsueaten village
This property is a 121 SqM house with 3 bedrooms and 2 bathrooms that is
available for sale.. You can buy this house for a base price of €52,900
(€427/SqM). It is located in Nong Bua, Lop Buri
Details:
3 Bedroom(s) 2 Bathroom(s) 121 SqM Property Type: House
Year Built 2019
Garden View
Unblocked Open View
Private Garden
Terrace
Covered Parking
Pets: All Kind of Pets Allowed
CAM Fee:  €26/mo
Request Details
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Lamphun Land and House

Ton Thong, Mueang Lamphun, Lamphun, Thailand
€42,300 (€268/SqM)
2 Bedroom House for sale at Lamphun Land and House
This property is a 154 SqM house with 2 bedrooms and 2 bathrooms that is
available for sale. It is part of the Lamphun Land and House project in Ton
Thong, Lamphun. You can buy this house&nb...
Details:
2 Bedroom(s) 2 Bathroom(s) 154 SqM Property Type: House
Year Built 1991
Garden View
Unblocked Open View
Private Garden
Terrace
Covered Parking
Pets: All Kind of Pets Allowed
Rent: €159/mo | ROI: 5%
Request Details
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Single house for Sale 3 Rai with resort style
listed 2 weeks ago Updated 1 week ago
Phrai Nok Yung, Hankha, Chai Nat, Thailand
€71,400 (€1,570/SqM)
Studio House for sale in Thailand
. You can buy this house for a base price of €71,400 (€1,570/SqM). and was
completed in Dec 2022This property is a 45 SqM studio house with 2 bathrooms
that is available for sale. It is loca...
Details:
Studio 2 Bathroom(s) 45 SqM Property Type: House
Year Built 2022
Lake View
River or Canal View
Rooftop Terrace
Private Garden
Updated: 1 week ago
Request Details
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Modern Style Detached House near Government Center
Updated 6 days ago
That Choeng Chum, Mueang Sakon Nakhon, Sakon Nakhon, Thailand
€44,700 (€645/SqM)
2 Bedroom House for sale in Thailand
This property is a 69 SqM house with 2 bedrooms and 1 bathroom that is available
for sale.. You can buy this house for a base price of €44,700 (€645/SqM). and
was completed in Apr 2023 It is...
Details:
2 Bedroom(s) 1 Bathroom(s) 69 SqM Property Type: House
Year Built 2023
City View
Garden View
Fully Renovated
Private Garden
Covered Parking
Updated: 6 days ago
Request Details
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Townhouse for Rent and Sale in the Center of Nong Khai City

Pho Chai, Mueang Nong Khai, Nong Khai, Thailand
€25,900 (€333/SqM)
2 Bedroom Townhouse for sale in Thailand
This property is a 76 SqM townhouse with 2 bedrooms and 2 bathrooms that is
available for sale.. You can buy this townhouse for a base price
of €25,900 (€333/SqM) and it is al...
Details:
2 Bedroom(s) 2 Bathroom(s) 76 SqM Property Type: Townhouse
Market 48.43 km
City View
Terrace
Covered Parking
Pets: Cats and Dogs (all sizes)

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Land for Sale in Khanu Woralaksaburi
Updated 1 month ago
Salok Bat, Khanu Woralaksaburi, Kamphaeng Phet, Thailand
€15,900 (€27/SqM)
Land for sale in Thailand
. You can buy this land for a base price of €15,900 (€27/SqM).This property is a
560 SqM land plot that is available for sale. It is located in Salok Bat,
Kamphaeng Phet
Details:
560 SqM Property Type: Land
Garden View
Unblocked Open View
Updated: 1 month ago
Request Details
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House for Sale 4 bedrooms, 4 bathrooms

Nong Kom Ko, Mueang Nong Khai, Nong Khai, Thailand
€55,500 (€288/SqM)
4 Bedroom House for sale in Thailand
This property is a 190 SqM house with 4 bedrooms and 4 bathrooms that is
available for sale.. You can buy this house for a base price of €55,500
(€288/SqM). and was completed in Jan 2012 It...
Details:
4 Bedroom(s) 4 Bathroom(s) 190 SqM Property Type: House
Market 44.21 km
Year Built 2012
Garden View
Covered Parking

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Beautiful Country House in Quiet and Natural Surroundings
Updated 1 month ago
Khlong Nam Sai, Aranyaprathet, Sa Kaeo, Thailand
€209,000 (€687/SqM)
3 Bedroom House for sale in Thailand
Spacious house on 2,5 Rai plot in a very nice village "Klongnamsai"   Huge
garage and storage. Guest bedroom and bathroom next to garage. Build by
foreigner with all the comfort you need.Ver...
Details:
3 Bedroom(s) 3 Bathroom(s) 300 SqM Property Type: House
Year Built 2015
Garden View
Unblocked Open View
Private Garden
Terrace
Full Western Kitchen
Updated: 1 month ago
Request Details
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A Beautiful House for Sale in Mueang Chaiyaphum
Ban Khai, Mueang Chaiyaphum, Chaiyaphum, Thailand
€66,100 (€587/SqM)
3 Bedroom House for sale in Thailand
A beautiful country villa with 3 bedrooms and 1 large bathroom is for sale in
Baan Keng Noi, at the Ban Khai District of Chaiyaphum. Stunning complete house
with many possibilities and a large walled...
Details:
3 Bedroom(s) 3 Bathroom(s) 110 SqM Property Type: House
Shopping Mall 74.36 km
Year Built 2000
Garden View
Unblocked Open View
Private Garden
Terrace
Outdoor Sala

Request Details
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2-2-17 Rai Vacant Land for Sale next to Pa Sak River
Nakhon Luang, Nakhon Luang, Phra Nakhon Si Ayutthaya, Thailand
€436,000 (€76/SqM)
Land for sale in Thailand
Vancant Land, good location, next to the Pa Sak River, area 2-2-17 Rai. - Land
facing north, green plot of land - Width 64 x 70 meters, road width 4 meters
convenient transportation Suitable for buyin...
Details:
5,600 SqM Property Type: Land
Shopping Mall 53.19 km
River or Canal View
Garden View

Request Details
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European Style House for Sale in Mueang Si Sa Ket

Nong Khrok, Mueang Si Sa Ket, Si Sa Ket, Thailand
€179,000 (€937/SqM)
3 Bedroom House for sale in Thailand
Located in a quiet road in Nong Khrok Sisaket, this location is ideal being
close to shops and restaurants, schools, sports stadium and government
offices. The land is divided into 2 areas the ho...
Details:
3 Bedroom(s) 2 Bathroom(s) 186 SqM Property Type: House
Year Built 2016
Garden View
Unblocked Open View
Private Garden
Terrace
Balcony
Updated: 10 months ago
Request Details
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Land for Sale near Hua Thanon
Khanom, Khanom, Nakhon Si Thammarat, Thailand
€50,200 (€117/SqM)
Land for sale in Thailand
LAND 420 SQM HUA THANONwalking distance from the beachenclosed by wallsready to
builtfreehold
Details:
420 SqM Property Type: Land
Beach 30.22 km
Unblocked Open View

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6 Bedroom House Close To The Beach For Sale

Khlong Khut, Tha Mai, Chanthaburi, Thailand
€172,000 (€1,200/SqM)
6 Bedroom House for sale in Thailand
This property is a 140 SqM house with 6 bedrooms and 2 bathrooms that is
available for sale.. You can buy this house for a base price of €172,000
(€1,200/SqM). and was completed in Nov 2008 ...
Details:
6 Bedroom(s) 2 Bathroom(s) 140 SqM Property Type: House
Year Built 2008
Ground Floor
Mountain View
Garden View
Private Garden
Terrace
Full Western Kitchen
Updated: 2 years ago
Request Details
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Country House with Land For Sale in Nong Bua Lam Phu

Han Na Ngam, Si Bun Rueang, Nong Bua Lam Phu, Thailand
€264,000 (€1,440/SqM)
3 Bedroom House for sale in Thailand
This property is a 180 SqM house with 3 bedrooms and 3 bathrooms that is
available for sale.. You can buy this house for a base price
of €264,000 (€1,440/SqM) and it is also a...
Details:
3 Bedroom(s) 3 Bathroom(s) 180 SqM Property Type: House
Airport 70.22 km
Year Built 2009
Mountain View
Garden View
Private Garden
Terrace
Covered Parking
Pets: All Kind of Pets Allowed
Updated: 3 years ago
Request Details
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Ko Phayam / Top Location 2 Rai/3200 Sqm / Near Ao Yai Beach
listed 3 weeks ago Updated 1 week ago
Ko Phayam, Mueang Ranong, Ranong, Thailand
€31,700 (€10/SqM)
Land for sale in Thailand
1.2 Mil THB for 2 Rai (3200 sqm) 600.000 THB baht per rai, suitable for hotel,
resort or foreign house, peaceful and pleasant, next to the road, only 4 min to
the beachWith Sea ViewsOn „Ko Phaya...
Details:
3,200 SqM Property Type: Land
Mountain View
Partial Sea View
Updated: 1 week ago
Request Details
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Blu Marina Villa

Saphli, Pathio, Chumphon, Thailand
€217,000 €251,000 (€706/SqM)
4 Bedroom Villa for sale at Blu Marina Villa
Chumphon is a door to the South of Thailand and a city with a long Historical
background. There are 8 districts – Mueang, Lang Suan, Sawi, Tha Sae, Pathew,
Lamae, Phato, and Tung Tako Chumphon Attract...
Details:
4 Bedroom(s) 5 Bathroom(s) 300 SqM Property Type: Villa
Year Built 2015
Sea View
Park View
Beachfront
Private Pool
Jacuzzi
CAM Fee:  €26/mo
Updated: 1 year ago
Request Details
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Land for Sale near Motorway
listed 1 month ago
Khao Din, Bang Pakong, Chachoengsao, Thailand
€2,250,000 (€51/SqM)
Land for sale in Thailand
Vacant land for sale. The entrance is 7 meters wide, A large area suitable for a
factory, Only 2 kilometers from the Motorway.
Details:
42,660 SqM Property Type: Land
Shopping Mall 22.93 km
River or Canal View
Unblocked Open View

Request Details
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Single House with 272 Sqw Land for Sale in Bangplama

Ongkharak, Bang Pla Ma, Suphan Buri, Thailand
€47,600 (€266/SqM)
3 Bedroom House for sale in Thailand
This property is a 175 SqM house with 3 bedrooms and 2 bathrooms that is
available for sale.. You can buy this house for a base price of €47,600
(€266/SqM). and was completed in Apr 2017 It...
Details:
3 Bedroom(s) 2 Bathroom(s) 175 SqM Property Type: House
Bus Terminal 17.06 km
Year Built 2017
River or Canal View
Garden View
Private Garden
Terrace
Balcony

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The WIND flow

I San, Mueang Buri Ram, Buri Ram, Thailand
€113,000 (€739/SqM)
3 Bedroom House for sale at The WIND flow
This property is a 150 SqM house with 3 bedrooms and 1 bathroom that is
available for sale. It is part of the The WIND flow project in I San, Buri Ram.
You can buy this house for a base price of...
Details:
3 Bedroom(s) 1.5 Bathroom(s) 150 SqM Property Type: House
Year Built 2023
Pool View
Garden View
Private Pool
Private Garden
Terrace
Pets: All Kind of Pets Allowed
CAM Fee:  €33/mo
Request Details
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Seaview Pool Villa in Koh Mak on 2 RAI Oceanfront Land

Ko Mak, Ko Kut, Trat, Thailand
€288,000 €381,000 (€1,660/SqM)
3 Bedroom Villa for sale in Thailand
Contact Owner: +66998733577Take your chance to get your hands on this unique
property, priced for immediate sell!A 3-bedroom seaview villa situated on 2 rai
of chanote land, which is mostly flat but t...
Details:
3 Bedroom(s) 2 Bathroom(s) 170 SqM Property Type: Villa
Sea View
Garden View
Private Pool
Private Garden
Terrace
Updated: 6 months ago
Request Details
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Saranrome Home
Great Price
Saen Suk, Warin Chamrap, Ubon Ratchathani, Thailand
€44,700 (€364/SqM)
3 Bedroom House for sale at Saranrome Home
This property is a 120 SqM house with 3 bedrooms and 2 bathrooms that is
available for sale.. You can buy this house for a base price of €44,700
(€364/SqM). It is located in Saen Suk, Ubon Ratcha...
Details:
3 Bedroom(s) 2 Bathroom(s) 120 SqM Property Type: House
Year Built 2021
Garden View
Private Garden
Covered Parking
Pets: All Kind of Pets Allowed

Request Details
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Lio Phetkasem 81

Suan Luang, Krathum Baen, Samut Sakhon, Thailand
€68,500 (€380/SqM)
4 Bedroom Townhouse for sale at Lio Phetkasem 81
This property is a 176 SqM townhouse with 4 bedrooms and 2 bathrooms that is
available for sale.. You can buy this townhouse for a base price
of €68,500 (€380/SqM) and it is a...
Details:
4 Bedroom(s) 2 Bathroom(s) 176 SqM Property Type: Townhouse
Year Built 2018
City View
Unblocked Open View
Terrace
Corner Unit
Balcony
Pets: Cats Only
Rent: €291/mo | ROI: 5%
Request Details
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Urgent Sale 3BR Townhouse for Sale Ready to Move In
Updated 1 month ago
Khao Rup Chang, Mueang Songkhla, Songkhla, Thailand
€7,930 (€69/SqM)
3 Bedroom Townhouse for sale in Thailand
This property is a 112 SqM townhouse with 3 bedrooms and 3 bathrooms that is
available for sale.. You can buy this townhouse for a base price of €7,930
(€69/SqM). and was completed in Jul 2017&nb...
Details:
3 Bedroom(s) 3 Bathroom(s) 112 SqM Property Type: Townhouse
Year Built 2017
Unblocked Open View
Terrace
Balcony
Covered Parking
Updated: 1 month ago
Request Details
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The Landmark Petchabun
Nai Mueang, Mueang Phetchabun, Phetchabun, Thailand
€65,900 (€527/SqM)
3 Bedroom House for sale at The Landmark Petchabun
This property is a 122 SqM house with 3 bedrooms and 2 bathrooms that is
available for sale.. You can buy this house for a base price of €65,900
(€527/SqM). It is located in Nai Mueang, Phetchabu...
Details:
3 Bedroom(s) 2 Bathroom(s) 122 SqM Property Type: House
Year Built 2022
Garden View
Terrace
Covered Parking
Pets: All Kind of Pets Allowed

Request Details
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Land and House for Sale in Namnao

Khok Mon, Nam Nao, Phetchabun, Thailand
€66,100 (€2,150/SqM)
1 Bedroom House for sale in Thailand
50 teak tress (more than 10 meters tall)50 tamarind tress100 banana treesA small
house with kitchen,  bathroom (would need renovation).Huge waterfall at the edge
of the land. Best for off gr...
Details:
1 Bedroom(s) 1 Bathroom(s) 30 SqM Property Type: House
Year Built 2008
Mountain View
Unblocked Open View
Private Garden
Terrace
Covered Parking
Updated: 8 months ago
Request Details
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Q House Condo Chiangrai
Updated 1 week ago
Rim Kok, Mueang Chiang Rai, Chiang Rai, Thailand
€39,700 €41,800 (€1,310/SqM)
1 Bedroom Condo for sale at Q House Condo Chiangrai
This property is a 30 SqM condo with 1 bedroom and 1 bathroom that is available
for sale. It is part of the Q House Condo Chiangrai project in Rim Kok, Chiang
Rai. You can buy this condo&nbs...
Details:
1 Bedroom(s) 1 Bathroom(s) 30 SqM Property Type: Condo
Thai Quota
Year Built 2015
Floor 3
City View
Balcony
Rent: €212/mo | ROI: 6%
Updated: 1 week ago
Request Details
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Teak House for Sale in Ban Tak
Updated 1 month ago
Ko Taphao, Ban Tak, Tak, Thailand
€92,600 (€1,140/SqM)
3 Bedroom House for sale in Thailand
Situated in the charming little village of Bantak. The house is on a large plot
of 1,600 sqm. of land only 50 meters from the Ping river. There are plenty of
opportunities to expand the house and crea...
Details:
3 Bedroom(s) 2 Bathroom(s) 80 SqM Property Type: House
Year Built 2007
City View
Garden View
Fully Renovated
Private Garden
Garden Access
Pets: All Kind of Pets Allowed
Updated: 1 month ago
Request Details
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House for Sale and Rent in Mueang Kanchanaburi
Updated 2 months ago
Pak Phraek, Mueang Kanchanaburi, Kanchanaburi, Thailand
€66,100 (€1,290/SqM)
4 Bedroom House for sale in Thailand
This property is a 50 SqM house with 4 bedrooms and 1 bathroom that is available
for sale.. You can buy this house for a base price of €66,100 (€1,290/SqM)
and it is also avai...
Details:
4 Bedroom(s) 1 Bathroom(s) 50 SqM Property Type: House
Railway Station 75.87 km
Year Built 2016
Garden View
Unblocked Open View
Private Garden
Terrace
Covered Parking
Updated: 2 months ago
Request Details
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Land for Sale 21 Rai 3 Ngan
listed 1 month ago
Sai Khao, Hua Sai, Nakhon Si Thammarat, Thailand
€231,000 (€7/SqM)
Land for sale in Thailand
. You can buy this land for a base price of €231,000 (€7/SqM).This property is a
34,936 SqM land plot that is available for sale. It is located in Sai Khao,
Nakhon Si Thammarat
Details:
34,936 SqM Property Type: Land
Railway Station 97.83 km
Garden View
Unblocked Open View

Request Details

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 1. Thailand

EXPLORE PROPERTIES IN THE NEIGHBORHOODS OF THAILAND

Bangkok
18,427 Properties for you
Buy: €5.14K - €77.5M
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TOP RATED PROPERTY PROJECTS IN THAILAND

 * Overall Rating
 * Maintenance
 * Staff / Security
 * Facilities on Site
 * Quality of Finishing
 * Value for Money
 * Location
 * 

1 st
Banyan Tree Residences Riverside Bangkok
Khlong San, Khlong San, Bangkok
€790,178
▼ -20.2% underpriced
From

12 reviews
2 nd
Anil Sathorn 12
Thung Wat Don, Sathon, Bangkok
€396,410
▼ -0.3% underpriced
From

10 reviews
3 rd
Ideo Chula - Samyan
Si Phraya, Bang Rak, Bangkok
€124,473
▲ 25% overpriced
From

4 reviews
4 th
Koolpunt Ville 9
Ban Waen, Hang Dong, Chiang Mai
€70,825
▼ -9.2% underpriced
From

5 reviews
5 th
Ansaya Phuket
Si Sunthon, Thalang, Phuket
€570,831
▲ 24.5% overpriced
From

3 reviews
Only showing 5 of 7943 property projects in Thailand. The project rating data is
based on reviews from verified residents and visitors of those projects.


THAILAND REAL ESTATE TRENDS

Learn more about the Thailand property market through trends and average prices.


HOW AFFORDABLE ARE PROPERTIES IN THAILAND?

The median sales price for a property in Thailand is approximately €151,000 The
median price per square meter for a property in Thailand is €2,830 The Thailand
area currently has 42,548 properties for sale


WHAT IS THE AVERAGE PRICE OF A PROPERTY IN THAILAND?

Property Size Avg. Price Studio (View 3,444 Properties) €84,400 1 Bedroom (View
16,316 Properties) €132,000 2 Bedrooms (View 8,678 Properties) €284,000 3
Bedrooms (View 6,692 Properties) €389,000 4 Bedrooms (View 2,855 Properties)
€677,000


WHAT YOU NEED TO KNOW ABOUT THAILAND

Formerly called Siam, the Kingdom of Thailand is the tourism hotspot of
Southeast Asia. With its beautiful tropical islands, lush jungles, intriguing
history, rich culture, glittering temples, and scrumptious cuisines, Thailand
attracts more than 30 million visitors annually and the country has numerous
world-famous landmarks, such as the 9th tallest statue in the world, which is
known as the Great Buddha of Thailand as well as the iconic temple of Bangkok,
Wat Arun. Not only known for its natural beauty and fascinating culture, but the
country is also dubbed as “The Land of Smiles” because the locals are very
friendly, which makes all visitors feel welcome upon arriving in the country. In
addition, the country welcomes a huge number of expats and retirees due to its
low cost of living.

Thailand has the second-largest economy in Southeast Asia after Indonesia. Its
convenient location in the heart of Asia has given the country favorable trading
opportunities with China, India, and other ASEAN countries. Thanks to the
country’s fast-growing economy, it attracts foreign investors from all around
the globe. In fact, it is one of Asia’s most popular destination for foreign
investors.


POPULAR AREAS IN THAILAND

Thailand has a population of more than 68 million people spread across its 76
provinces. Bangkok is the capital as well as the largest city in the country.
The capital is also one of the most visited cities in the world thanks to its
number of tourist attractions. Visitors are welcome to explore its palaces,
temples, markets, and shops. The city also boasts one of the most vibrant
nightlife scenes as well as having the best street foods on the planet. Some of
the more popular landmarks in Bangkok are the Grand Palace, Wat Pho, and Wat
Traimit (Golden Buddha).

The city of Chiang Mai is famous among those who want to experience a more
laid-back atmosphere. Chiang Mai offers an opportunity for visitors to indulge
in Thailand’s culture because it has a large number of ancient landmarks, such
as the Pae gate and the Doi Suthep pagoda.

For visitors who want to be near Thailand’s most famous beaches, Pattaya and Hua
Hin are two of the popular seaside resort cities in the country. However, for
visitors who want to experience the country’s tropical islands, Phuket and Koh
Samui are the places to visit and both have their own unique characteristics,
white sandy beaches, and clear waters.


TYPES OF PROPERTY IN THAILAND

Thailand caters to all types of investors and since Thailand’s laws only allow
foreigners to own condominiums; this type of property is almost always in
demand. High rise condominiums and apartments are mainly located in metropolitan
cities, such as Bangkok and Pattaya. Condominium and apartments in other parts
of the country are mainly built in low-rise buildings. Both condo and apartments
can have luxurious facilities, such as swimming pools and fitness centers. In
general, condos and apartments are divided according to the types of rooms,
including studio, 1 bedroom, 2 bedrooms, or more than 3 bedrooms.

Single houses in Thailand tend to have 2 floors, with 2 to 3 bedrooms, 2
bathrooms, a kitchen, and a living room. This type of property usually comes
with its own garden and offers more space. Townhouses (or townhome) are also
available. Townhouses are a row of houses joined by a shared wall and usually
have modern and luxurious designs. A home office is popular among those who want
to live and work at the same place since normal residential projects are not
allowed to be used for commercial purposes. There are also commercial buildings
and offices for sale in the country, usually located in business areas.


LIFESTYLE FACTORS IN THAILAND

Since Thailand has a relatively low cost of living compared to Western
countries, although the cost of living depends on the person’s lifestyle, the
living standards for foreigners are typically high. The location in which
someone lives also determines the overall cost of rent, transportation, food,
and other miscellaneous personal expenses. Places in the center of Bangkok
typically have higher prices. The local food is world-famous and affordable.
People can have Pad Thai for as low as 40 THB (1.3 USD). Thailand’s official
currency is the Thai Bhat. 1 USD will get foreigners approximately 30.6 THB.

Thailand has a tropical climate, meaning the weather is consistently hot
throughout the year. the average annual temperatures are between 28°C and 35°C,
but the temperatures can soar to 40°C during the Hot Season from March until
June. The rainy season normally starts in July and ends in October. Visitors
should be ready to experience heavy rainfall and high humidity levels during
this season. The cool season from November and lasts to February and has less
rain. 

The country is very rich in culture and the Royal Family should never be
disrespected. Touching someone’s head and pointing with your feet is considered
rude. The largest religion is Buddhism with around 95% of the population follows
the religion. Islam is the second-largest religion, comprising 4% of the
population. The official language is Thai and the script is based on the Brahmi
script. However, since the country is a large tourism hotspot, English is spoken
by locals, especially those who work in tourism. 

For a long-term stay, foreigners will need a business, education, marriage, or
retirement visa. Most expats who work in Thailand have Non-Immigrant Type B, but
investors can apply for Non-Immigrant Type IB. Retirees usually apply for
Non-Immigrant Type O, O-A, and O-X.


TOP 3 REASONS TO INVEST IN THAILAND

1. A Growing Economy – Thailand has one of the largest economies in Asia, in
fact, it is the 8th largest economy in Asia. In 2018, the country produced
16.316 trillion of GDP.
2. Improving Infrastructure – Thailand is constantly improving its
infrastructure, from the road systems, electrical and water systems, healthcare,
to its public transportation. The local governments, along with real estate
developers and corporate companies are involved in significant development.
3. Rental Yields – For those who want to rent out their properties, you can
expect to earn around 5% annually.


CAN FOREIGNERS BUY PROPERTY IN THAILAND?

Yes, foreigners can indeed purchase property in Thailand, but it is essential to
be aware of certain restrictions and processes in place to safeguard the
country's interests. Buying property in Thailand can be a rewarding investment;
however, understanding the limitations and legal procedures will ensure a
hassle-free experience.

Firstly, it is important to note that while foreigners can buy condominium units
without significant restrictions, owning land is not a direct option. A
foreigner can own the condominium outright, provided that 51% or more of the
building's total floor space is owned by Thai nationals. This rule is in place
to preserve the balance between local and international property ownership.

As for buying land, Thai law prohibits direct ownership by foreigners.
Nevertheless, there are alternative routes for foreign investors to explore. One
such option is to set up a Thai Limited Company, wherein the foreigner can have
up to 49% ownership, while the remaining 51% should be owned by Thai nationals.
This arrangement allows the company to own the land, while the foreigner
maintains control over the property through their shares in the company. It is
essential to seek professional legal advice to ensure compliance and protect
your investment.

Another approach is to enter into a long-term lease agreement, typically for 30
years, with the option to renew. This lease is registered with the Land
Department, providing a degree of security for the foreign lessee. While this
option does not grant direct land ownership, it enables usage and control of the
land for an extended period.

In summary, foreigners can buy property in Thailand, particularly condominium
units, with relative ease. However, land ownership requires alternative
arrangements, such as setting up a Thai Limited Company or entering into a
long-term lease agreement. We recommend consulting with a reputable property
lawyer to guide you through the process and ensure a smooth transaction while
adhering to Thai laws and regulations.


IS IT WORTH BUYING PROPERTY IN THAILAND?

As a thriving property market, investing in real estate in Thailand has
undeniably gained popularity among international investors. Whether it's worth
buying property in this Southeast Asian paradise depends on your personal goals,
financial situation, and specific property choice. To help you make an informed
decision, we have shed light on some key factors that reveal the true value of
owning property in Thailand.

1. Return on Investment (ROI): Thanks to the robust tourism industry and a
growing expat community, demand for rental properties in Thailand remains high.
This translates to attractive rental yields, particularly in prime locations
such as Bangkok, Pattaya, Phuket, and Chiang Mai. Investors can expect average
rental yields ranging from 5% to 8%, depending on the property type and
location.

2. Capital Appreciation: Over the past decade, Thailand's property market has
experienced continuous growth in property values. With ongoing infrastructure
development, particularly in and around Bangkok, investors can expect potential
capital appreciation for well-selected properties in strategic locations.

3. Affordable Luxury: When compared to other international property markets,
Thailand offers affordable luxury properties with high-quality amenities that
cater to the modern lifestyle. Buyers can find a wide range of property types,
from beachfront villas and condominiums to city-center apartments, at relatively
lower prices.

4. Easy Accessibility: Thailand's well-established connectivity via air, land,
and sea contribute to its attractiveness for both tourists and investors. With
competitive prices on flights and the upcoming expansion of high-speed rail
networks, accessibility to major cities and popular tourist destinations in
Thailand are set to become more convenient.

5. Quality of Life: Offering a unique blend of rich culture, delectable cuisine,
and breathtaking natural beauty, Thailand is an attractive destination for those
seeking a high quality of life. The country's reputation as a friendly and
affordable place to live encourages many foreigners to call Thailand their
second home.

In conclusion, buying property in Thailand can indeed be a worthwhile
investment, offering a combination of rental income,


IS IT EASY TO BUY PROPERTY IN THAILAND?

Purchasing property in Thailand can be a relatively straightforward process;
however, it does require careful navigation of certain legal restrictions and
adherence to specific procedures. With the proper guidance and knowledge,
acquiring real estate in Thailand can be an achievable goal for many investors
and homebuyers.

Foreign nationals should be aware that there are certain ownership limitations
in place. For instance, while foreigners can own condominium units outright,
they cannot directly own land or hold a full freehold title to landed property.
However, there are alternative methods for foreign nationals to invest in
Thailand's property market, e.g., long-term leases and forming a Thai-registered
limited company.

When considering purchasing a condominium, it is essential to ensure that the
ratio of foreign ownership does not exceed 49% of the total area of the
building. Other property types, such as detached and semi-detached houses, can
be acquired through a long-term leasehold (usually 30 years, renewable), or by
setting up a Thai limited company to hold the landownership, while the foreigner
maintains substantial control over the company.

It is highly recommended to engage the services of a reputable and experienced
real estate agent to assist you in navigating the Thai property market. They can
provide valuable insights, legal advice, and support throughout the entire
process. Additionally, engaging a qualified Thai lawyer is essential when
dealing with contractual obligations and ensuring that all due diligence is
carried out, including verifying property titles, investigating potential
encumbrances, and confirming proper zoning and planning permits.

In terms of financing, foreign buyers may face some challenges in securing a
mortgage from Thai banks. Therefore, it is vital to explore alternative
financing options, such as obtaining a loan from your home country or seeking a
developer or seller who offers payment plans.

In summary, buying property in Thailand can be an achievable endeavor for
foreign nationals, provided that they are aware of the legal restrictions,
follow the proper procedures, and seek professional guidance. By taking these
factors into consideration, investors and homebuyers


ARE HOUSE PRICES FALLING IN THAILAND?

In recent years, Thailand has experienced fluctuations in its real estate
market, particularly in the residential sector. While it is essential to
consider the dynamic nature of the market, current data and economic factors
suggest that house prices in Thailand have been facing a downward trend.

Several factors have contributed to the decline in the property market. The
continuous increase in the supply of new residential units could be one
significant reason, leading to an oversaturated market in major cities, such as
Bangkok. Developers are now struggling to sell off their remaining inventory,
which has ultimately led to a decrease in average house prices.

Another contributing factor is the global economic slowdown, which has had a
direct impact on consumer confidence and purchasing power. Buyers and investors
are exercising caution and opting for more affordable housing options or
delaying their property investments. Additionally, the ongoing Covid-19 pandemic
has further exacerbated the challenges faced by the real estate sector in
Thailand, as tourism, an essential driver of economic growth, has been severely
affected.

Furthermore, the tightening of mortgage lending regulations by the Bank of
Thailand in 2019 has made it more challenging for homebuyers, particularly
first-time buyers, to secure loans. This has resulted in a decrease in demand
for residential properties, leading to a decline in house prices.

It is worth noting that the situation could vary depending on the location and
type of property. While the overall trend appears to indicate a fall in house
prices, some high-end properties and specific localities might still experience
stable or even increasing prices.

In conclusion, although it is difficult to make a blanket statement about the
direction of house prices in Thailand, prevailing economic factors and market
conditions suggest a downward trend in the short term. However, potential buyers
and investors are encouraged to closely monitor market developments, conduct
thorough research, and consult with real estate professionals to derive the most
accurate insights into the property market.


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