The Coronavirus outbreak poses challenges for Thailand’s real estate market as potential Chinese condominium buyers remain stranded in China. Analysts believe Chinese condominium transfers in 2020 will be at least 25% lower than average because of the challenges. Meanwhile, some believe that the outbreak may bring opportunities for non-Chinese buyers and in the long-run, the Chinese may be looking for an...
Buying a Condo in Hua Hin Many foreigners aspire to purchase a condominium unit in Hua Hin, for either residential or investment purposes. 1. Foreign Ownership Foreigners are allowed to buy and own a condominium unit in Hua Hin. However, only condominiums registered under pertinent laws and licensed with the Thai Land Department offer full individual ownership (with a government issued unit...
Once a quiet fishing village, Hua Hin, Thailand became a popular summer getaway destination for Thais in the 1920s, when the Royal Family built their summer palaces there. Located on the eastern coast of the country and the shores of the Gulf of Thailand, it has year-round temperatures in the mid-80s F, making it a perfect beach getaway for those living in the sweltering chaos of Bangkok. By car or...
Thailand has played a prominent role in the economic and political development of Southeast Asia for centuries. Thanks to its geographically location and sound infrastructure the country has been and remains a hub for trade and business. Over the centuries it has acted as a form of buffer between colonial powers ruling other countries in the region. Indeed, Thailand is the only country not to have been...