How will the property market in Thailand evolve in the near future?
The pandemic will wreak havoc on the property market in most countries this year. I personally believe that Thailand will not suffer too much but prices will go down, especially with developments. Many developers now offer free packages and/or reduced prices. One of our preferred developers now offers up to a 40% discount on a number of newly built condo units.
You will see more coming in a near future. If you plan to buy a property in Thailand, now is the time to do it. Contact us, we can help you find the best offers today.
The Thai government is discussing a number of eases for foreigners to buy property in Thailand. More details in the following blog here on the Orestone Group website.
If you are selling your property, try to do it as soon as possible. Nothing indicates that the prices will go up any soon.