Thailand Real Estate: Foreign Investment Surges, Legal Reforms Reshape Market for Thai Buyers
Thailand’s real estate sector is undergoing a notable shift in 2024–2025, driven by rising foreign investment, policy reforms, a resilient tourism rebound, and evolving legal precedents. The changes promise new opportunities while introducing complexities for both Thai and international buyers, with impact felt across Bangkok, Phuket, Chiang Mai, and coastal tourism hubs.
Data indicates a robust rise in foreign interest. In 2024, foreign direct investment in real estate climbed sharply, underscoring Thailand’s appeal as a top regional property destination. The economy grew around 3.4% that year, supported by infrastructure spending and a tourism revival, fueling activity in Bangkok, Phuket, and Chiang Mai. Transactions in these cities rose by the mid-teens year over year, signaling strong market momentum even as leftover pandemic-era inventory tempers price growth.