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Learn more about the Thailand villa market through trends and average prices.
The Kingdom of Thailand is a country in Southeast Asia, situated at the center of the Indochinese peninsula. Today, Thailand is Southeast Asia’s leading tourist destination, welcoming around 39.80 million people from all around the globe in 2019. Almost 80% of these visitors come for leisure purposes. From astonishingly delicious food, fascinating culture, a tropical climate, rolling green hills, and stunning beaches, this country truly has it all. With everything that Thailand has to offer, it is no wonder that Thailand is ranked as the most visited country in the region.
Thailand’s stunning location, beautiful weather, low cost of living, and leisure opportunities have successfully captivated the heart of many foreign visitors to relocate or invest in a villa in this country.
Thailand has a population of over 69 million people spread across an area of 513,120 square kilometers. More than one-tenth of the country’s entire population lives in the capital city, Bangkok, making it the largest and most popular city in the country. Visitors come to this city for many reasons. Some come to marvel at the gleaming temples, such as Wat Arun, while others come to experience its energetic nightlife scene.
Those who want to get away from the hustle and bustle of Bangkok usually go to Chiang Mai. This city in northern Thailand is considered as Thailand’s cultural capital. It has more than 300 temples scattered throughout the old city and surrounding suburbs. Besides its fascinating culture and history, Chiang Mai also boasts 14 national parks, offering its visitors and resident pristine forests and tree-covered mountains.
Pattaya, a vibrant coastal city located on the east coast of the Gulf of Thailand, is another popular city for both tourists and expats. It is home to many unique sights and attractions, from water sports in Pattaya Beach and spectacular cabaret shows to giant Buddha images and one-of-a-kind museums.
Anyone who wants to experience true tropical island life usually chooses Phuket or Koh Samui. Phuket is the largest island in Thailand and it has some of the most popular beaches in Thailand, such as Kata Noi Beach, Kamala Beach, and Karon Beach. While both Phuket and Koh Samui have stunning beaches with clear, turquoise waters, those who want to stay in a more peaceful area usually choose Koh Samui. There are many peaceful areas in Koh Samui that are perfect to relax away from crowds, such as Mae Nam and Bang Po beaches.
Thailand offers a variety of wonderful, high-quality villas for sale to suit all requirements and all budgets. Whether you are looking for a seafront villa or one in a rural idyll setting, most villas in the country are designed luxuriously with impressive architecture, boasting spacious living, swimming pools, lush tropical gardens, and exquisitely designed features. Some villas come with in-villa cinema and games room, while others feature their own private gyms.
Villas in Thailand come in all sizes and price ranges, with the most expensive villas usually having their own staff, sometimes even with private drivers, butlers, and chefs. Larger villas with 4 to 6 bedrooms are particularly popular in areas such as Phuket, Chiang Mai, and Koh Samui, especially for families looking for a holiday home or those who want to holiday with a big group of friends. Smaller villas with 1 to 3 bedrooms usually appeal to couples on honeymoon or growing families looking for a place they can call home.
Many of the villas in the country are specifically designed to fit in with the surroundings. Some of the most sophisticated villas offer a minimalistic and chic style with clean lines and floor-to-ceiling windows, particularly when the villa is surrounded by beautiful views. Traditional Thai architecture is also incorporated into many of the villas, with pointed roofs and indigenous materials such as teak wood and Thai silk forming the interior design.
The standard of living in Thailand has significantly increased in the last decade. However, it is still one of the most affordable countries to live in. The official currency is the Thai Baht (฿) and 1 US$ will get you approximately ฿31.7. This exchange rate is very favorable from visitors and investors coming from Western countries. Foreigners can typically live a comfortable life while earning a mid-range salary.
Thailand is known for its rich culture and friendly people. About 95% of the population is Buddhist, but other religions are freely practiced, with Islam as the largest minor religion (accounting 4% of the population). It is important to note that the Royal Family is highly respected in the country. The King’s birthday is also celebrated as a public holiday. Thai is the official language, but due to tourism, many people in the country can speak English proficiently.
Located within the tropics, Thailand is warm and humid all year round. The temperatures tend to stay between 28°C and 35°C. The temperatures can soar up to 40°C during the hot season (March to June). The rainy season (July to October) brings heavy rainfall and rising humidity. Due to the weather, bring light clothes. However, remember to avoid wearing revealing clothes, particularly when you are far from the beach.
To stay in the country, you will need a visa. Some people use a tourist visa (valid for 60 days) or a non-immigrant visa (valid for 90 days) to enter the country, these visas can be extended. While a tourist visa can only be extended for 30 days, a non-immigrant visa may be extended for a year.