According to the Bangkok Post, the Thai government’s proposal to extend land lease periods for foreigners to 99 years is currently under review, with key legal amendments needed before any significant progress can be made. On June 18, 2024, the Ministry of Interior, which oversees the Department of Lands, was authorised to study the feasibility …
Update on Proposed 99-Year Land Lease Law for Foreigners in Thailand Read More »
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 …
Thai Government Proposes New Laws to Ease Foreign Property Ownership Restrictions Read More »
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 …
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 …
Prime Minister Srettha Thavisin Promises New Cruise Terminal in Koh Samui Read More »
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 …
Proposed Ending of the Spanish Golden Visa Scheme Read More »
After years of advocacy by associations of estate agents in Mallorca and the Balearics, a new law has been passed to enforce stricter regulation in the real estate sector. This law introduces a compulsory register of estate agencies to enhance professionalism, security, and transparency in real estate transactions. The COAPI (official association of real estate …
Mallorca & Balearics – Compulsory Register of Estate Agencies Read More »
Phuket’s proposed journey toward potentially transforming into a ‘Special City’ akin to Bangkok and the economic regions of Rayong, Chon Buri, and Chachoengsao is under the spotlight. Mayor Saroj Angkanapilas has presented a compelling case to Prime Minister Srettha Thavisin, advocating for greater autonomy that could reshape Phuket’s administrative and economic landscape. This special status …
The luxury condo segment, especially in a city as vibrant and diverse as Bangkok, is constantly shifting. As we enter the latter half of 2023, let’s delve into the state of this market, drawing insights from the latest report by Knight Frank Chartered Limited – Luxury Condominium Market in Bangkok 2023: An Overview – and …
Luxury Condo Market in Bangkok 2023: An Overview Read More »
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 …
Hong Kong to Koh Samui direct flight route – Restarting 1st July 2023 Read More »
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According to the Bangkok Post, the Thai government’s
The Thai government has announced significant proposals to
First Quarter HighlightsPhuket’s property market saw a significant
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