Articles about Phuket property and lifestyle

Thailand has been breaking new ground in the world of remote working through its innovative Destination Thailand Visa, or DTV, for short. It boasts a progressive five-year visa for digital nomads, freelancers, and all manner of remote professionals to enjoy seamless professional autonomy and lived experiences in one of the most fascinating countries of the world.

In Thailand, the real estate market has been revived anew. New policies in Thailand accommodate more and more investment. Recent regulations include the extension of leasehold to 99 years. The foreign ownership limit has also been increased in condos from 49% to 75%. But it is a piece of the puzzle for the market. How will it differ for both buyers and sellers? Some foreign investors have shown interest in Thailand. They are looking for answers as to how these changes can benefit them.

When it comes to investing in luxury property, location can be tantamount to everything. The beautiful island of Phuket, Thailand, will surely be at the top of a list of destinations for investors in property. In 2023, a total amount of one million dollars secured an impressive 213 square meters of luxury real estate in Phuket. This strongly contrasts with other high-end markets. With already popular cities like Monaco, London, or New York, what makes Phuket an investor's hotspot? Let us delve a little deeper to find out what makes Phuket the current darling of choice among luxury properties.

Phuket, the island of Thailand’s dreams is poised for a massive real estate boom as we progress through 2024-2025. This upturn will be underpinned by an economic recovery, public infrastructure development and a return in tourism. Let's analyze Phuket’s property market fundamentals and where we are heading.

Owning property in a Thai condominium or gated community involves additional financial commitments such as common area fees, maintenance fees, and sinking funds. These charges are essential for maintaining the property's condition, ensuring safety, and enhancing the quality of life for residents. Below is a detailed explanation of these fees, their purposes, and their typical costs in Thailand.

Phuket, Thailand's iconic island known for its stunning beaches, vibrant culture, and luxurious lifestyle, has a new jewel in its crown: Rawayana. This fresh condominium development in Rawai is poised to set a new benchmark for high-end living in this tropical haven.

Nestled in the turquoise waters of the Andaman Sea, Phuket has long been a jewel in Thailand's crown, renowned for its stunning beaches, vibrant culture, and burgeoning real estate market. As we delve into the real estate scene of 2024, we find a landscape characterized by resilience, innovation, and evolving trends.

Property development is a complex endeavor that requires careful navigation of legal parameters to achieve compliance and success. Developers must diligently adhere to a multitude of regulations, ranging from obtaining permits to conforming with zoning laws, to mitigate legal risks and facilitate the seamless progression of their projects. Here, we outline five essential laws that are pivotal for property developers to understand: