Thailand Luxury Homes and villas
Thailand Luxury Property Search
Thailand’s name in the Thai language is Prathet Thai, which means “Land of the Free.” It is the only country in Southeast Asia that was never colonized by a European nation. The term may also refer to an ethnic group from which many Thai people descend. Thailand shares a border with four countries: Myanmar (formerly Burma) to the north and west, Laos to the north and east, Cambodia to the southeast, and Malaysia to the south. In the past, all Thai young men including the kings became Buddhist monks for at least a short period of time before their 20th birthday. Today, fewer young men observe the practice. Buddhism is Thailand’s largest religion with approximately 94.6% of the population practicing the religion. Muslims make up 4.6%, Christians 0.7%, and “other” 0.1%.
The Coronavirus outbreak poses challenges for Thailand’s real estate market as potential Chinese condominium buyers remain stranded in China.
Condo oversupply exists in some Greater Bangkok locations but will eventually decrease as developers delay new launches in those areas.
High home prices and the current economic downturn have conspired to dampen consumer satisfaction with the real estate climate in Thailand.
One of the best residential addresses in Bangkok's CBD- Magnolias Ratchadamri Boulevard｜Waldorf Astoria Bangkok Hotel opens in August
Magnolias Ratchadamri Boulevard (MRB), the most sought-after residential address on Ratchadamri Road.
Of the many infrastructure projects gaining traction in Bangkok, the Bang Sue Grand Central Station will probably be the most impactful.
Beginning May 1, landlords will be barred from collecting more than one month's rent in advance, or from charging above state-provided prices for utilities.