Have foreign buyers discovered Thai market? | Bangkok Post: business - News Summed Up

Have foreign buyers discovered Thai market? | Bangkok Post: business


The number of foreign tourist arrivals last year reached a record 32.6 million, and 8.9 million of those visitors came from China. Agency companies: Foreign buyers are more familiar than their Thai counterparts with buying property through agencies or brokerage services. Some property developers have cooperative arrangements with foreign agencies, which take an agreed number of units from developers and then are responsible for selling them. Unit owners: Some foreign buyers need to move into new accommodation in Thailand as soon as possible, so they are looking for units that are move-in ready. If foreign buyers start to discover that returns consistently fall short of the mark, they may become unhappy and disappear from the Thailand condominium market in the future.


Source: Bangkok Post April 08, 2017 23:37 UTC



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