In February 2023, more than 440 objects are exhibited on the secondary real estate market in Thailand, which are available for purchase by foreigners. The cheapest of them costs 842 thousand rubles. The Realty Times was told about this by experts from CMP Group.
The most affordable object today is estimated at 842 thousand rubles at the current exchange rate, analysts specify. This budget will allow you to purchase a lot of 25 square meters in Pattaya. The room is located on the second floor of a 5-storey building.
In the segment of objects under construction, the offer is about 260 lots. The most affordable lot is now valued at 3.2 million rubles at the current exchange rate. Within this budget, you can purchase a studio of 22.5 square meters. m., which is located in Phuket. The object is located on the fifth floor of a 7-storey project.
In the segment of supply in new, but ready-made houses, the volume of the exposition is 197 lots. The most accessible object is estimated at 2.4 million rubles at the current exchange rate. This budget will allow you to purchase a unit of 22 sq. m. in the complex, which was commissioned in 2021.
– I would not say that the price is now always a key factor, but the ratio of price and quality is a more important parameter. The key selection parameters are the location of housing, the infrastructure that is present in the condominium itself and in the area. People now prefer to pay a little more, but get a good condominium with high-quality infrastructure with several swimming pools, gyms and indoor parking, – said Alexei Kotlov, CEO of CMP Group.
According to the specialist, the beginning of 2023 has become very active in the real estate market in Thailand.
– Demand from Russia and the countries of the post-Soviet space has grown both in the secondary and primary markets by 3-4 times. Also, after the opening of China, the number of Chinese investors and buyers has increased by 5-7 times, now the market is on the rise, because Thailand is an island of stability in our turbulent times, many people invest money here to save and further increase by renting or resale of real estate, – the expert concluded.
Recall that we previously reported that at the beginning of 2023, Russian demand for rental housing in Thailand increased by 26%.
Message The cheapest apartment in Thailand costs 842 thousand rubles – CMP Group first appeared on the Realty Times.
