Siam Real Estate has experienced a marked increase in buying activity.
Once all the eligibility criteria for the Investment Visa are satisfied, it can be renewed annually as long as a qualifying ten million Thai Baht investment is maintained.
For those with cash sitting idle in a bank account at record low interest rates, it is a good time to be a buyer in Phuket and put that money to work.
"It is expected that beach land prices along the coast from the Sarasin Bridge all the way to Khao Lak will increase, and that the land will be snapped up, with foreign investors and international hotels brands all jockeying for a position."
5 Key issues affecting Thailand real estate over the next 12 months
Useful tips for foreign investors looking to buy in Thailand.
With high season now well under way, many visitors to Phuket over the next few months will also be property buyers.
Although the property market has been slow in Phuket recently, properties are still exchanging as new financing options become available to foreign buyers.
Let people know your home is on the market with a For Sale sign.
Phuket’s mid to higher-end condo market is showing signs of recovery.
Renting a villa is not only a great idea for families, it works well for couples who like privacy and is also perfect for honeymooners or a group holiday.
The central bank clearly stated that the monetary policy will continue to be accommodating this year.