In 2022, foreigners registered 723 condominium units in Phuket, double the number in 2021 and 2020 and 26% more than in 2019.
Our colleague from Phuket notes that these statistics reflect only transactions with finished housing, only completed condominiums fall into it, and according to her observations, the vast majority of transactions in 2022 took place at the construction stage and they will be taken into account in statistics only in 2023-2025.
This year we see that the demand for Thailand continues to grow. According to request statistics, the number of requests from Russians for the purchase of real estate in Thailand increased by 56% in the first quarter of 2023. Moreover, a significant part of the applications is addressed to Phuket.
