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Monday, April 29, 2024

Inside story behind the Thailand property seachange

by Bill Barnett of c9hotelworks.com

For Thailand’s real estate market, Covid-19 has brought massive changes in lifestyle and ongoing pandemic fatigue is pushing many domestic buyers to shift property investment preferences in favour of resort or countryside destinations. Whether you call it Plan B, a sea change or an escape plan, one thing for certain is that change is in the air.

Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past 18 months of the pandemic. A strong wave of domestic demand has seen Thai’s flocking to the country’s leisure destinations and snapping up holiday or second homes.

According to new data released by Thai property portal FazWaz, the popular Thai seaside resort area of Hua Hin has seen interest grow significantly in year-to-date online property inquiries. FazWaz Co-Founder and CEO Brennan…

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