Analytical review of the residential real estate market in Thailand

2023 year

According to the World Bank, Thailand's GDP is projected to grow by 2.5% in 2023, with a forecast of $502 billion;
By the end of 2023, Russians concluded 1,260 transactions in the real estate market in Thailand, which is a record for the last 5 years;

At the end of 2023, the price per sq. m. The cost of concluded transactions amounted to $ 2,225 / sq. m.;
Among the most notable objects from developers on the islandPhuket departs: Kiara Reserve, Banyan Tree OceanfrontVillas, Andamaya Surin Bay, Bluepoint Condominium, The Laytin Villa, Rovana Rhea, Botanica Sky Valley;
The growth rate in the Thai real estate market is due to the development of infrastructure: 1) the expansion of the airport in Phuket; 2) the construction of the "light metro" (LRT); 3) the development of the concept of "Smart Phuket".