{"id":226,"date":"2021-11-11T09:54:46","date_gmt":"2021-11-11T09:54:46","guid":{"rendered":"https:\/\/spithailand.com\/?post_type=blogs&p=226"},"modified":"2022-01-14T06:01:54","modified_gmt":"2022-01-14T06:01:54","slug":"thailand-real-estate-market-during-and-after-covid","status":"publish","type":"blogs","link":"https:\/\/spithailand.com\/de\/blogs\/thailand-real-estate-market-during-and-after-covid\/","title":{"rendered":"Thailand’s real estate market during and after Covid"},"content":{"rendered":"\n

Covid is currently depressing the real estate market in Thailand. Travel restrictions, quarantine and other difficulties result in fewer people interested in buying property than at normal times. On the other hand, this results in excellent buying opportunities right now, as many sellers currently must or want to sell quickly and are therefore ready for large price discounts.<\/p>\n\n\n\n

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When looking to the future, optimism is in order. The price index for real estate has been rising steadily for decades, and prices for apartments have almost doubled since the financial crisis in 2008. There is no reason why this development should not continue. Thailand has defied all the difficulties since the financial crisis in 1997, the aftermath of the 2004 tsunami and the effects of several military coups. The country has continued to develop positively economically, and the local currency is stable and has appreciated against the USD and EUR. This aspect has resulted in additional profits for many investors. Everything indicates that this positive development will continue after Covid and that a boom is to be expected as soon as buyers can travel to Thailand again without restrictions.<\/p>\n\n\n\n