Thailand is the leader in the real estate market among countries in the Asia-Pacific region.

Date: 09.11.2015

In 2015, Thailand ranks 17th in the ranking of the most popular countries for purchasing foreign real estate among Ukrainians. According to analytical data, 5,000 people are interested in buying apartments and villas in Thailand every month.

Thailand currently occupies a leading position in demand for real estate among the countries of the Asia-Pacific region. Real estate in Thailand has clear advantages even over real estate in European countries.

Thailand's comparatively affordable real estate prices play in its favor, being four times cheaper than, for example, in Singapore. Thailand also attracts buyers by offering a guaranteed rental income program for the purchased real estate, with the help of which you can get back part of the money spent on buying an apartment.

In addition, at the legislative level, the Thai authorities support the demand for budget housing by reducing tax rates on real estate, which allows developers to build new complexes, and investors to quickly buy them up at affordable prices. But in this case, we should not forget that the State is still concerned about the interests of its citizens – the Thais, and therefore introduced restrictions on the sale of real estate to foreign investors. The Thai authorities allow developers to sell foreigners 49% of the living space in the complex in full ownership (Freehold), the remaining 51% must be sold to Thais or foreigners on long-term leasehold rights (Leasehold), and in transactions with villas, the house itself is registered as property, and the land plot is leased for 90 years.

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Yuriy Grushetskiy Founder of Deniz Estate