All Russians planning to buy real estate in Thailand will be interested in the news about the resumption of regular flights between Russia and Thailand from November 7, 2021. Now it will become much easier to buy a villa or apartment in Phuket!
As before, the main options for entry remain:
The requirements and procedure for entry to Thailand for both options were significantly revised and simplified before the start of the high season 2021-2022.
When buying a property in Phuket, our Sky Property real estate agency will help you to issue all entry documents and book AQ (ASQ, ALQ) or SHA+ hotel.
The real estate market in Thailand and Phuket, in particular, began to revive after a long lull caused by the COVID-19 coronavirus pandemic. Now the crisis stage is considered already passed. There is an increase in the number of real estate transactions, applications for rent for the upcoming high season have begun to arrive en masse. Even on the streets you can see the revival and the ever-increasing number of tourists from all over the world.
It should be noted that during the lull in the market, real estate prices did not fall. There were some cases of quick sales, when sellers urgently needed money, but their number does not allow us to talk about some kind of global price reduction. In addition, all these sales were either in old complexes or in not very popular locations. There were no sales at discounted prices in new modern projects within walking distance to the beaches. Now, many private sellers are sending information to agencies about the increase in the sale price due to the end of the crisis. Many developers also gave discounts and provided special flexible payment terms for the period of calm, but now they are already starting to send out information that all promotions will be valid only until the beginning of the high season.
Phuket has experienced several economic crises and real estate prices have never fallen here. The owners always knew that everything would pass, and the real estate by the sea would remain. And now the market is gradually returning to its former course.
You still have the opportunity to purchase real estate in Phuket at a low price
while special offers and promotions are in effect.