David DELHANTY

Thailand Property

Thai Government Proposes New Laws to Ease Foreign Property Ownership Restrictions

Laws & Regulations / By

The Thai government has announced significant proposals to amend property laws, aiming to make it easier for foreigners to invest in the country’s real estate market. These proposed changes, if enacted, could reshape the landscape for foreign property ownership in Thailand, particularly in resort destinations such as Phuket and Koh Samui. This article delves into …

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Phuket Property Market in 2024: Key Insights Q1

Investment Strategies / By

First Quarter HighlightsPhuket’s property market saw a significant boost in the first quarter of 2024, with 25 new projects adding 4,000 units worth 54 billion baht. Most developments, valued at 45 billion baht, were vacation condominiums in the Thalang District. Over the past year, 10,000 units were sold, generating 90 billion baht. The market includes …

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Koh Samui

Prime Minister Srettha Thavisin Promises New Cruise Terminal in Koh Samui

Industry News & Updates / By

During his visit to Koh Samui from April 7th, Prime Minister Srettha Thavisin promised that a new cruise terminal, with a total investment of 12.172 billion baht, will be approved by the Cabinet this year. This visit is part of his official trip to Koh Samui and Nakhon Si Thammarat, which spans from Saturday to …

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Spain

Proposed Ending of the Spanish Golden Visa Scheme

Industry News & Updates / By

On April 15th, Spanish Prime Minister Pedro Sánchez announced the winding down of the Spanish Golden Visa scheme, sparking a wave of discussions and concerns about its impact on potential expatriates and property investors, especially Britons, interested in relocating to Spain. This decision, framed by the government as a move to quell property speculation and …

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Mallorca

New Regulations for Real Estate Agents in the Balearic Islands

Industry News & Updates / By

New Regulations for Real Estate Agents in the Balearic Islands Mandatory Register Introduced to Enhance Transparency After years of advocacy by COAPI (Official Association of Real Estate Agents in the Balearics) and ABINI (Association of National and International Real Estate Agents), a new law has been passed to enforce stricter regulations in the Balearic property …

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Phuket

Phuket’s Special City Status: A Game-Changer for the Property Market?

Industry News & Updates / By

Proposal for Phuket’s ‘Special City’ Status Phuket is on the path to becoming a ‘Special City,’ a transformation that could bring it in line with Bangkok and major economic hubs like Rayong, Chon Buri, and Chachoengsao. Mayor Saroj Angkanapilas has presented a compelling case to Prime Minister Srettha Thavisin, advocating for a governance structure that …

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Hong Kong to Koh Samui direct flight route – Restarting 1st July 2023

Industry News & Updates / By

A major boost to the already buoyant Samui property market, Bangkok Airways has just announced that, after a break due to the pandemic of three years, on the 1st of July this year they will be they will be resuming their direct flights between Hong Kong and Koh Samui on a thrice weekly basis. The …

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Tourism drives continued surge in Phuket property market

Investment Strategies / By

The strong growth in the Phuket tourism is expected to continue driving forward its property market for both condominiums and luxury villas. The Phuket real estate market has surged for the last two years, the driver being foreign investors. According to the Real Estate Information Center (REIC), condominium transfers for 2022 surpassed those of pre …

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