Thailand real estate top tips, guides and latest news
Property Mortgage Loans in Thailand for Foreigners
27 June 2022
Thailand not only attracts millions of visitors for leisure travel; this fast-developing country is also extremely popular for career-minded professionals and retirees. Living in Thailand offers an affordable cost of living compared to many western countries, a laid-back lifestyle, and access to modern infrastructure and services. Additionally, it is easily accessible from most international locations.
Neighbourhood Guides
Moving to Koh Samui? 5 Things to Consider
10 July 2023 Are you moving to Thailand and considering living in Samui? This could be the next exciting chapter in your life. Moving to Samui or relocating to a new city or country can be mind-boggling, thrilling, nerve-racking, and overwhelming.
From Beaches to Mountains: Why phu*ket Offers the Best of Both Worlds
05 July 2023 phu*ket has a growing and glowing reputation for being Asia’s premier island destination both for visitors and expats alike. Its incredible scenery, bountiful activities on offer, and lively nightlife make it a favourite with people of all ages from all over the world.
7 Best Beaches in Pattaya for a Perfect Getaway in 2023
03 July 2023 Are you dreaming of a Bangkok getaway? Feeling the need for sand between your toes? Or seeking an excellent destination for fantastic food and frivolous fun to freshen up your life? Pattaya offers all that and more. Just two hours drive from Bangkok, this vibrant coastal city is known for its beautiful beaches, entertainment and energetic nightlife, and fabulous fresh seafood. And there are loads of activities, from water sports, theme parks, bustling markets, cultural attractions, and inspiring day trips. It's little wonder this popular destination also appeals to foreigners moving to Thailand and international tourists.
The Best Neighbourhoods to Invest in Property in Koh Samui
29 June 2023 Koh Samui has long had a reputation for being a mesmerising tropical paradise where backpackers from all over the world come and dance until they drop under a full moon, however, there’s so much more to it than that. Partying is in fact a very small aspect of Koh Samui; this beautiful and largely misunderstood island has a rich cultural tapestry with all manner of healthful distractions to enjoy. It’s also a wonderful place to call home for those who have no interest in big-city living and relish the thought of escaping to their own tropical sanctuary.
phu*ket Vs. Koh Samui: Which Island is Better for Families?
26 June 2023 These beautiful islands are located in southern Thailand, less than 400 kilometres apart. Each attracts international and domestic holidaymakers, expats choosing a relaxed and uplifting lifestyle and foreigners seeking investment opportunities. While the islands have similarities, let's explore some differences and which island is more family-friendly.
Chiang Mai: Historically Rich with Everything to Offer [2023 Edition]
31 May 2023 Are you dreaming of the next chapter in your life? Looking for adventure, a 'tree-change', or wanting to experience a different culture? Are you considering moving to a new country? What about living in Thailand?
Top Incredible 7 Scuba Diving Spots from Koh Samui, Thailand
23 May 2023 Koh Samui is one of those magical Thai islands that people from across the world travel to experience. One of its many appeal points is as a marine wonderland, with excellent scuba diving sites easily reached by day trips and multi-day tours. With an outstanding choice of locations, the area offers fantastic dives from beginner to advanced levels and professional divers.
Chiang Rai’s Hidden Gems and Best Places to Visit (2023 Edition)
19 May 2023 Thailand’s most northern province Chiang Rai holds many hidden gems and surprises you must explore. While many tourist attractions are convenient to visit in Chiang Rai City, the broader province also boasts some spectacular sightseeing and visit-worthy experiences.In bygone years, it was all about the opium trade, but so much has changed. Be beguiled by the beautiful mountain scenery, cascading waterfalls, and hillside farmlands. Delve into the hill tribes and their fascinating history. Explore top-notch attractions and dive into the delicious local cuisine.
4 Reasons to Fall Head-Over-Heels with Koh Samui
11 May 2023 Koh Samui is Thailand's third-largest island, famous for its gorgeous beaches, lush tropical forests, picturesque farmlands, and beautiful outlying islands with excellent snorkelling, diving, loads of outdoor activities and fantastic attractions.
Koh Samui's Glamorous Lifestyle: Luxury Living Guide
09 May 2023 Dare to Dream. This glamorous and simple lifestyle could be yours. Koh Samui is a stunning tropical island in the Gulf of Thailand known for its natural beauty and vibrant culture. Boasting beautiful beaches with crystal-clear waters, much of the island is covered in rainforests and lush farmlands.
Discover the Excitement of Siam and Silom: A Guide to Bangkok's CBD
03 May 2023 Bangkok is known as the Venice of the East, a vibrant and varied hive of culture, history and fun that cannot be found anywhere else in the world. Whether you are looking to stop in for a few days, are a returning visitor, or are looking for somewhere more permanent to relocate to, Bangkok is a must visit for everyone.
Popular locations in Chiang Rai for property buyers and renters
28 April 2023 Thailand is one of the most popular destinations for people to visit and move to in the world today. It offers fantastic value for money, utterly irresistible food, and some of the friendliest and most welcoming people that you will find anywhere.
Other
The Top Reasons Why Pattaya's Golfing Community is Great for Real Estate Investors
23 June 2023 Pattaya is becoming ever more famous around the world for its gorgeous white sandy beaches, crystalline waters and friendly and welcoming people. With its delicious food and lively nightlife, Pattaya has it all and more. It is also known for being the home of top-quality golf courses in Thailand.
Guide to Retiring in Koh Samui: 7 Tips for a Perfect Retirement
19 June 2023 Retiring overseas has become increasingly popular, with people wanting or needing to reduce living costs a key factor. In many developed countries with high living costs, some find their savings and retirement nest egg insufficient. However, several countries offer a more affordable standard of living, a more relaxed way of life and the potential to retire earlier than initially planned because of these factors.
Top 6 phu*ket Golf Courses for Golf Lovers [2023 Edition]
12 June 2023 phu*ket is applauded worldwide for its extraordinary beaches, lush tropical, hilly interior, diverse activities and entertainment, and delicious cuisine. The island's picturesque landscape and world-class golf courses make it a golf lover's dream.
The Benefits of Owning a Rental Property in Thailand: A Guide for Passive Income Seekers
08 June 2023 Whether you want to live and remain in Thailand for good or to expand your financial portfolio and secure a passive income. In this article, we’re going to highlight some of those benefits and talk about how you can enjoy a healthy monthly sum entering your bank with very little effort on your part whatsoever. Here’s everything you need to know…
Lazudi Samui: the Latest Lazudi Branch is Now On-Board
10 May 2023 Lazudi, one of the fast-growing tech-enabled companies, recently introduced its latest office in Samui. Led by Samuel Bonel, Regional Manager, Lazudi Samui is ready to offer services for the sales and rental of real estate in the region, covering Samui and Koh Pha-Ngan.
Thailand Real Estate Market Outlook in 2023 (First Quarter Edition)
17 April 2023 Favourable economic and real estate indicators herald a promising start in 2023 for Thailand. The signs of improvements and growth are consistent with the final quarter of 2022.
Top 3 Interesting Interior Design Trends in Thailand in 2023
08 March 2023 Ready for fresh design ideas for your home or apartment? Contemplating acquiring some artwork or adding a splash of colour? Are you thinking of stripping your home and starting from scratch? But what's new, what's changed and what's currently on trend?
Advice From An Expert: Property Tax and Fees in Thailand
01 November 2022 Property in Thailand has long been popular among investors looking to make passive income through holiday rentals, and sizable returns from flipping property for profit. However, as with any real estate market, Thailand has a lot of red tape that potential investors should be aware of.
Buying Guides
The Energy-Efficient Advantages of Buying a Brand New Home
28 June 2023 There are so many reasons to buy a new home. You may want to check out new locations, upgrade to something bigger and better, or simply feel the need for a change. Today, energy efficiency should certainly play a key role in your decision.
Don't Settle for Less: The Importance of Checking Out Different Condos in Bangkok
21 June 2023 If you are thinking of buying a condo in Bangkok, you couldn’t really pick a better time. Thailand is growing in popularity as a destination for visitors and expats to flock to from around the world. It has a strong and vibrant economy, particularly in terms of real estate, and that doesn’t look likely to change any time soon.
4 Reasons to Invest in Koh Samui Property in 2023
06 June 2023 In 2023 Koh Samui has once again become a real estate hotspot. This idyllic tropical island, about 80 km from the mainland, is home to around 50,000 Thais and is also popular with expats.
How to Choose the Right Type of Property in Pattaya: Condos Vs. Houses
15 May 2023 Starting a new life in Pattaya, Thailand, can bring so many amazing benefits and lifestyle advantages. However, making the move isn’t as simple as booking your flight and jetting off to paradise; there are a number of considerations that you must make before taking the proverbial plunge, for example: what type of visa will you need to remain permanently? Which area will provide you with all of the amenities necessary to support your ideal lifestyle? And more importantly, what kind of property in Pattaya should you invest in?
Factors to consider when purchasing property in Thailand
26 April 2023 There are a great many factors worth considering if you are thinking about taking the plunge into the property market in Thailand. Some of the essential ones are whether you can secure the relevant funding, making sure that you tick all the legal boxes, and that you select the right company to help guide you through the process with efficiency and ease.
Discovering the Property Potential of Pattaya Beach Road: Why It's a Hotspot?
19 April 2023 Owning property in Thailand is the ultimate dream for so many people around the world. It is affordable, boasts some of the most beautiful scenery imaginable, and is home to delicious food, welcoming and friendly people, and all of the activities and amenities that you could wish for.
Lazudi Thailand Update: Hua Hin Market Trends in 2023
10 April 2023 Many people who have visited Thailand in previous decades may not even have heard of Hua Hin, but that has all changed over the last few years. This popular seaside town is now one of the best places to be looking to buy property in the world, and certainly in Thailand, today.
How much is my property worth? A Professional Insight
17 March 2023 Everybody knows how much they’ve spent on a property. From the initial deposit and monthly mortgage payments to that old AC unit that needed replacing and the early renovations. Everything that has come out of your bank account from the moment you moved in right up to this date is likely well-recorded. However, how much do you know about the overall value of your property? Has it appreciated in value? Have you lost money? Where do you stand if you were to look into selling up and moving on in the next few months?
3 Hot Properties in Hua Hin, Thailand, Recommended by Lazudi
02 March 2023 Once a sleepy fishing village, these days, Hua Hin is a popular seaside resort town just a couple of hours south of Bangkok. Thanks also to the continued patronage of the Thai monarchy, the Royal Coast, with Hua Hin at its centre, is also a favourite weekend and holiday escape for well-to-do Bangkokians. Importantly, this family-friendly location retains much of its authentic Thai culture and character.
A look at 2023: Will Pattaya be a good place to invest?
15 February 2023 Pattaya is one of Thailand’s most renowned and beloved tourist hotspots. This beach paradise is located just 1-hour-and-46-minutes to the South-East of Bangkok, in the province of Chonburi. But, how has it fared in the wake of the COVID-19 pandemic? Is Pattaya still a popular tourist destination? Is it recovering from the pandemic? And will it be a good place to invest in 2023? Let’s take a closer look…
What is a 'Branded Residence' and Are they worth investing in?
11 February 2023 Whenever you are thinking about investing money in property, whether in your home country or abroad, there are a million-and-one things for you to consider before taking the plunge. For example, you must heavily research the area that you want to buy in; decide between buying pre-construction or existing; think about how much deposit to put down and how much to finance; and whether you want to rent it out as a holiday home or to renovate and flip it for profit (to name a few). Another important consideration is if you should invest your money in a branded residence.
Should I buy or rent A Property in Pattaya, Thailand?
01 February 2023 One of the most frequently asked questions by expats looking to relocate to Pattaya is whether they should buy or rent property. If you are torn between the two and can’t figure out which option is best suited to your situation, then we invite you to give this article a read. We’re going to compare the pros and cons of both renting and buying property in Pattaya, with a brief look at how the property market will fare in 2023 and beyond. Let’s get stuck in!
Reviews
3 Top-Notch Condos in Bangkok with Excellent Common Areas We All Love to Experience
15 June 2023 Vibrant lifestyle, rich history and culture, wide selections of gastronomic delicacies, the local market and luxury shopping centres, you guess right, we’re talking Bangkok, the fascinating City of Angels. And so, living in Bangkok is a popular choice for expats and locals alike.
Hua Hin Luxury Living: Exploring the Most Exclusive Properties in the Area
02 June 2023 Luxury living in Thailand is widely accessible today, however, there are few destinations quite as deserving of the title as Hua Hin. Historically, Hua Hin is the oldest resort in Thailand and was once the exclusive escape of Thai royalty. Today, it is one of the finest luxury resort destinations in the entire world and is open to anyone with a desire to escape the hustle and bustle of Bangkok in favour of fresh air, luscious greenery, and miles of golden-sand beaches.
Sustainable Living in Thailand: Eco-Friendly Properties to Consider
30 May 2023 With global warming and sustainability being the two hottest topics in the world today, it’s no wonder why more and more people are being eco-conscious when they purchase property. Certainly, there are many ways in which you can reduce your carbon footprint and do your part for the environment; recycling, using public transport, composting, eliminating your use of single-use plastics, and switching to renewable energy (to name a few), however, looking for sustainable properties can have a massive impact as well.
Lazudi Guide: How to Buy A Condo for Living in Hua Hin
15 March 2023 Hua Hin is arguably one of the most beautiful destinations in all of Thailand. In fact, one of the biggest indicators of its reputation is just how popular it is with both Thai nationals and foreign expats alike.
5 Excellent Projects in Pattaya, Thailand We Love Right Now
09 January 2023 Pattaya sometimes gets a bad rap in some media, but don't listen to the cynics. We know firsthand there is much to love about this region. Firstly it is an excellent Bangkok getaway, and with the improved highway system, you can be relaxing on your Pattaya patio or sunlounger in just two hours.
HOME OF THE MONTH: Wonderful Modern Pool Villa in Hua Hin
07 November 2022 For Sale: ฿ 50,000,000 (1,337,024 USD)Wonderful Modern Pool Villa For Sale | Hua Hin, Thailand
5 Magnific Luxury Condos Recommended in Bangkok, Thailand
28 October 2022 Bangkok is home to gilded temples and ornate shrines, the boat-filled Chao Phraya River, historic China Town and Little India, vibrant street life, gastronomic delights, excellent markets, and luxury shopping meccas. Many multinational and Thai businesses are headquartered here, and moving to Bangkok is a popular choice for many expats.
7 Top International Airports To Landing In Thailand
25 October 2022 Dreaming of Thailand? Wide open beaches, breathtaking lush tropical forests and mountains, unique culture, incredible cuisine, and friendly and welcoming people make it one of the most popular places for holidaymakers and expats. As a bonus, the cost of living and holidaying in Thailand is attractive too.
Uplifting Things to Do in Chiang Mai for Local Residents
17 October 2022 Chiang Mai, or the “City of Elephants” as it is often affectionately referred to, is considered as being the capital city of northern Thailand. In fact, this majestic mountain city serves as the spiritual, economic, cultural, educational, and transportation hub of northern Thailand and parts of the neighbouring nation of Myanmar.
Where To Live? phu*ket vs Pattaya, Island vs Coastal Living
13 October 2022 Thailand draws more visitors than any other South East Asian country. The deep Lanna culture and gleaming temples of the north, the central plains with the historic former capitals of Ayutthaya and Sukhothai, the lush southern peninsula, the idyllic tropical islands, and the buzz and excitement of Bangkok are all huge drawcards. Add in the cultural mystique, natural beauty and much-loved Thai cuisine. It is little wonder that Thailand is a favourite worldwide.
HOME OF THE MONTH: Luxurious Renovated Penthouse in Bangkok
28 September 2022 For Sale: ฿ 165,000,000 (4,365,080 USD)Stunning renovated 440 Sqm 4 Bed 6 Bath Condo For Sale | Bangkok, Thailand
Discover 4 Top World-Interior Design Trends in 2022
22 September 2022 Design trends are heavily influenced by world events and what is happening around us.The impacts of climate change and the urgent need to reduce global emissions have created an enormous impetus to re-engineer and modify construction and building practices as well as designs. Throw into the mix of lifestyle changes caused by lockdowns with many people now spending more time at home, for work and play.
Selling Guides
10 Top Tips From a Pro to Sell Your Property in Thailand
04 November 2022 Buying property can be a very exciting process…selling it on the other hand is a different story entirely – particularly when you are dealing with an unfamiliar market, such as Thailand. That said, there are a number of steps that you can take to make the process a little easier on yourself.
Best Tips For Photography to Sell Your Property Faster
24 December 2021 OverviewCreating a property listing that stands out in property searches is critical in selling quickly and at the best possible price. Buyers browsing listings go from images to headlines, then review property descriptions and specifications. High-quality listing images are essential, as is a well-written and captivating property description. You aim to create a positive first impression that encourages buyers to hit the contact button.
Lazudi's Guide: 7 Tips To Sell Your Property Faster
08 September 2021 Our lives change, as do our priorities, and this worldwide pandemic has highlighted that more than many other recent events. So, when your situation does change, and you need to sell on a property like a villa, condo, apartment, or townhouse, most want that to happen in a reasonable timeframe and at an acceptable selling price.
Commercial
The Resurgence of Retail Properties in Bangkok
27 April 2023 The retail landscape in Bangkok underwent a significant transformation during the COVID-19 pandemic. As the city experienced lockdowns and restrictions, businesses struggled to stay afloat, leading to a considerable increase in retail property vacancies. However, a year later, the easing of COVID-19 restrictions and a change in cannabis regulations have breathed new life into the Bangkok retail property market. In this blog post, we'll explore the factors contributing to this resurgence and examine the current state of the retail property market in Bangkok.
4 Key Factors to Consider when Choosing Factories for your business
02 February 2023 According to Krungsri Research, the Thai economy from 2023-2025 will expand by an average of 3.7% yearly. One of the factors is that the export sectors are continuing to grow and remain in a strong economic drive. With those in mind, if the economy is expanding, businesses are still expanding and many types of businesses require factories to manufacture their products. With that said, various factors must be considered when choosing the right factory locations. Let’s delve into this topic further below.LocationThe first factor we must consider when choosing a factory is the 'Location'. Businesses need to search for the location that best meets their needs. The location should be close to the raw materials or products' sources. This will help save transportation costs. It should also be easily accessible to utilities such as electricity, water, telephone, or internet signal. The location should not cause annoyance to residents. A good location means you are already halfway toward having your ideal factory.Land ZoneFor Thailand, the Thailand Department of Public Works and Town and Country Planning developed the city plan. This plan helps govern Thailand as well as Bangkok. The colour zoning plan will help differentiate each land property. The Thai government has developed a colour zoning plan to differentiate land properties. There are currently 13 colour coding categories for different areas in Thailand as follows: purple colours are industrial & warehouse zones, red is a commercial hub zone, and yellows are residential zones. Blue is the government facilities zone, greens are agricultural and conservation zones and other colours are other specific minor zones.
Navigating the Legal Landscape of Cannabis Cultivation in Thailand
26 January 2023 As the cannabis industry in Thailand continues to expand, more and more businesses are looking for ways to legally enter the market and take advantage of the opportunities it presents. At Lazudi Commercial, we specialise in providing commercial real estate solutions for the cannabis industry. We understand the unique needs of cannabis-related businesses and are committed to helping our clients navigate the legal landscape and establish successful and compliant operations.
Grade A Office Building Defined and A Trend Changed in Bangkok
03 November 2022 Thailand’s property market has begun to decline since the rise of the pandemic. The vacancy rate of grade B and C offices in central Bangkok is expected to almost double to 30% next year, which was known to be the highest since 1997. It was mainly due to the influx of future supply, and that’s why it’s more important than ever to focus on A-grade buildings. So, without further ado, let’s delve into exactly what an A-grade property is and how the Grade A office building trend changed this year.
How Much Space is Really Needed per Person in an Office?
23 August 2022 When searching for a new office, whether you are just starting out in business or upgrading to a larger space, finding a suitable spot can be incredibly difficult. This is because there are so many different considerations for you to make, for example:
4 Key Factors to Consider Choosing a Warehouse Location
04 August 2022 Warehouses are spaces used to store goods for short or long term periods. Rented warehouse space plays a major part in the logistics sector, which is significant in facilitating business operations across the manufacturing, trade, and transport sectors. Research byKrungsri Researchstates that from 2022 to 2024, operators of rented warehouse space will see an improvement in business conditions which will accompany economic recovery.
The Covid-19 Impact on the Office Rental & Commercial Property
07 July 2022 As we all know, COVID-19 affected businesses globally and across all sectors. Next to the tourism industry we see that both the residential and commercial Real Estate are among some of the most affected sectors, in both a positive and negative way. In short, the real estate landscape may be forever changed as realtors need to adapt. In this article we will focus on commercial real estate more specifically office spaces and forecast what we believe the post-Covid-19 era will look like.
Property News
Thailand’s New Building Energy Code (BEC) Law Effective from 13 Mar '23
01 June 2023 Recently, the Ministry of Energy by the Department of Energy Development and Efficiency (DEDE) has determined that condos in Bangkok-perimeter around must be designed according to the Building Energy Code (BEC), which will be effective from March 13, 2023. Currently, Thailand uses more electricity than ever before in various sectors including the government, business, industry and housing, which affects the environment from the electricity generation process.
Real Estate in Bangkok in 2023 - What To Expect In This Year
03 April 2023 The real estate market in Bangkok has gone through many changes and fluctuations over the last several decades, however, it has always recovered and continued along a relatively strong upward trajectory.
Property News: Luxury Houses at Risk of Oversupply in 2023
23 March 2023 The direction of major real estate developers for most new projects broke a record for the past few months in the first quarter of 2023. This reflects the confidence and opportunity to drive sales and revenue, especially luxury housing projects with prices ranging from 10-300 million baht. In contrast to information from the Real Estate Information Center (REIC) which stated that the real estate market in 2023 is expected to remain negative due to high household debt issues. There is also the rise in interest rate direction LTV measures that affect purchasing power and will result in negative sales and house transfers.
Russians Boost phu*ket Property Market: What has happened?
28 February 2023 phu*ket, Thailand's largest island, has had three exceptionally tough years as Covid 19 wreaked havoc, slashing international visitor numbers. One of Thailand's most popular tourist destinations, an estimated 80% of the island's economy stems directly or indirectly from the tourism and travel sectors. Around 300,000 jobs were also connected to this industry.
Mass Transit Expansion to Drive Land Prices Up in Greater Bangkok
22 February 2023 Currently, the expansion of mass transit routes and expressways has driven forward the land prices in Greater Bangkok compared to the previous years. Vacant land prices in Bangkok are continuously growing from 2020-2022 despite the effect of the pandemic.
The Thai Government Has U-Turned On the Plan to Allow Foreigners to Buy Land
25 January 2023 A spark of excitement and controversy swept through the Kingdom of Thailand recently when the government announced plans to allow foreigners to buy land in Thailand – something that has been impossible for many years.
Jomtien: How It Thrives Post-Pandemic Property Market
06 October 2022 The COVID-19 pandemic, as we all know, took the world by storm back in 2019. Most countries were heavily affected by the virus and there were very few industries that remained unscathed. Two of the biggest industries to take a significant hit – particularly in Thailand – were the tourism and property markets.
Make Thailand Your Home with the New Long-Term Resident Visa
05 September 2022 Thailand has recently introduced the 10 year “Long-Term Resident (LTR) Visa”. This visa provides a range of tax and non-tax benefits and aims to make moving to Thailand even more attractive – to live, work and do business. The government is aiming to attract over one million foreign residents over the next five years with this visa.
Update Bangkok Property Market Round Up, Summer 2022
26 August 2022 OverviewThe last couple of years has impacted every aspect of the economy, including the real estate industry. The Covid pandemic caused a slowdown in the completion of existing projects and delayed the commencement of new developments.
Lazudi's FAQ: Can Foreigners Rent Property in Thailand?
13 August 2022 Each year expats from all over the world move to Thailand to start a new life, but, what do they do about accommodation? If you were to move your life to Thailand, would you need enough money to invest in a property and buy it outright, or do you have the option to rent? If so, are there any restrictions? Here’s everything you need to know.
Thailand's Movement: Land Scheme for Foreigners Explained
11 August 2022 Recently, the Thai government introduced a land scheme to attract affluent foreigners. The scheme offers the opportunity to purchase land for residential use in the country.
Sustainability in Thailand Real Estate Makes Business Sense
30 July 2022 Climate change is here, and it is now. Temperatures are rising, polar regions are melting, and the daily news is flooded with disasters from around the world – wildfires, flooding, droughts, heatwaves, crippling pollution, environmental disasters, biodiversity loss, and the like.
