Thailand Real Estate
Thailand’s economy is booming – and this is leading to the country having one of the hottest real estate markets in the world today as a result of the rapidly increasing incomes of middle class Thais together with massive amounts of foreign investment. Due to these factors, property prices are increasing rapidly – in the region of 10% per annum and rental yields are also highly attractive at an average of 5-8%. With massive investment in the country’s infrastructure on-going and entry into the ASEAN Community in 2015 which will see Thailand becoming the crossroads of SE Asia, prices are set to rise still further for several years to come.
Despite the rapidly increasing prices, property in Thailand is still highly affordable, starting from just $30,000. Thailand City Real Estate offers buyers the best selection of investment and residential property in the country’s four hottest markets – Bangkok, Pattaya, Phuket and Chiang Mai.
Buy Property in Pattaya
Pattaya is where the world comes to relax and play – SE Asia’s most popular coastal resort city. Every year, more than 8 million tourists come to enjoy the city’s warm, tropical climate, sandy beaches and blue seas. The highly cosmopolitan city is also home to a vast expat population who come from all over the world.
With constantly increasing tourist numbers, demand for all types of property is higher than supply. This means that rental yields in the city are exceptional, with property in prime locations seeing rental yields in the region of 8-10% per annum. Prices in the region have been increasing consistently at an average of 10% each year over the decade. With the expansion of U-Tapao airport and the opening of a new high-speed rail link from Bangkok, these price increases are set to continue for many years to come. Starting at just $30,000, prices in Pattaya are currently highly affordable, but won’t stay this cheap much longer such is the constantly increasing demand.
Find real estate in Pattaya
Buy Property in Chiang Mai
Chiang Mai is Thailand's hottest new real estate market. For much of the past 15 years, Chiang Mai was overlooked by property buyers. However, over the past three years, buyers are making up for lost time and the market is now seeing capital increases of 20% plus per annum.
The success of Chiang Mai over recent years is due to the cosmopolitan nature of buyers and tenants in the city. Thai buyers started buying second homes here after the Bangkok floods of 2011. The city is a major industrial hub, which leads to increasing demand from foreign managers for quality housing. Chiang Mai University attracts wealthy students from all over the world. And there is an ever-growing population of expats attracted to the city for its temperate climate and affordable cost of living. This has led to high demand for rental accommodation, leading to annual yields of 8-10%. Prices are currently affordable here, but with prices growing constantly, they won't remain this low for much longer.
Find real estate in Chiang Mai
Buy Property in Phuket
If you are looking for the most luxurious properties in SE Asia, then Phuket is the ideal buying destination for you. The island is famous for its crystal blue waters, unspoiled sandy beaches and rugged mountainous interior, so has become the most upmarket buying destination in Thailand.
The popularity of Phuket is set to continue as a result of major investment in the island's infrastructure, including a major expansion of Phuket International Airport, the island's deep water port and also the road network. Thailand's major retailers are also investing heavily in transforming the island into a major international shopping destination. Whatever your budget, you are sure to find just the right property to suit all your requirements in Phuket, where prices range from under $40,000 for a compact studio inland, through to multi-million dollar super-luxury villas fit for a king. The enduring appeal of Phuket means that there is a strong demand for rental properties and strong capital appreciation is guaranteed due to the growing scarcity of new, prime building plots
Find Real Estate in Phuket
Buy Property in Bangkok
With a population of over 10 million, Bangkok is one of Asia’s largest cities, with a population significantly larger than Hong Kong, Taipei, Kuala Lumpur or Singapore. Its location right in the heart of SE Asia and the country’s entry into the ASEAN Economic Community means that Bangkok’s importance in the region is set to increase still further. Already, Bangkok International Airport is the busiest international airport in the world. Despite all these factors, real estate prices in Bangkok are still only a fraction of those in other important regional capital cities, with starting prices well under $100,000. Such prices are increasing rapidly, however, as the increasing prosperity and easier access to financing for middle class Thais will see the real estate market continuing to grow considerably.
With Thailand’s economy growing rapidly and the city’s transport infrastructure constantly being improved and extended, Bangkok’s real estate market offers greater opportunities for capital growth than any other capital city in the world’s most dynamic region.
Find real estate in Bangkok
- Can foreigners buy real estate in Thailand?
- Can I get a visa to stay in Thailand?
- Is it safe to buy with a Thai Company?
- What purchase taxes will I need to pay?
- How can I send money to Thailand?
- Can I rent out my property in Thailand?
Click for Answers
Hot Property in Pattaya
Our best-selling property for small investors. Apartments on this fully featured resort which offers a Guaranteed Rental Yield of 10% per annum for a period of five years. More info
One-Beds for ?1,999,000.
Located right in the heart of Pattaya, this newly released project offers excellent potential for both rapid capital appreciation and high rental returns. More info
One-Beds for ?2,719,500.
Hot Property in Chiang May
Our most affordable property in Chiang Mai today. For less than THB 1.5 million, you can get a 29.7m2 studio in a prestigious project in a highly desirable location. More info
Studios from ?1,484,582.
Hot Property in Phuket
The most affordable development on Phuket offers a fully furnished and ready to move in 30m2 studio apartment on a fully featured resort, just five minutes away from lively Patong. More info
Studios from ?1,310,000
Hot Property in Bangkok
A highly affordable development offering a great payment plan for investors, beautiful green and river views, but is still within easy access of a BTS station. More info
Studios from ?1,310,000.
Quite simply, the Ritz-Carlton Residences will be the most prestigious project ever constructed in Thailand. More info
Two-Bed Condos from ?40,000,000.