Hi Everyone,

Last time we mentioned that Thailand is the fastest growing foreign market for Russian real estate investors, thus let’s talk about what is attractive for Russians investing abroad, based on Thailand as an example (you may try to compare this case to your own country and find some useful insight for your properties for sale).

I have searched the most popular Russian investment websites and come across many articles on the topic. Here are the key takeaways from a long and detailed article about Thai real estate on Finversia, the big Russian financial, economic and investment multimedia portal, for you in English.

Economy

Thailand as a tourist destination is famous, and develops medical tourism as well. Unemployment is low, GDP and FDI are growing, external debt is insignificant, interest rate is low, inflation is low, Thai Baht is stable.

Real Estate Market

Thai real estate market has been growing in volume and prices for the last fifteen years (with some exceptions for the pandemic years). Thai tourism sector also has been booming lately, and this helps the growth in real estate markets. The government develops several major infrastructure projects to bring even more foreign tourists and investors. The most popular destinations are Bangkok, Pattaya and Phuket. The most active properties buyers come from China, Myanmar and Russia. Now Thailand belongs to the top five destinations for real estate buyers from Russian speaking countries of Ukraine, Kazakhstan and Russia itself of course. Real estate prices are modest in comparison with some other countries in the region. Investments in rental properties guarantee high returns, and coupled with the prospective growth in prices make them very attractive. The most promising investments are hotels.

How to choose investment properties

Mistakes might come from two factors - not enough research and trying to buy cheap. Things to consider: type of a property, legal status, location and infrastructure, reputation of a developer, costs of maintenance and other related expenses, perspectives of renting out and reselling.

The last advice for Russian readers of the article might be helpful for you, the sellers in various countries, in crafting your properties descriptions - the more answers a potential investor would have to his questions upfront the higher are your chances to keep him and turn into a real buyer sooner.

Need help with your property description and promotion in Russian? Email me now.

To your best business success,

Sincerely,