Thai properties not on brit's shopping lists
The unfavourable exchange rate is keeping this traditionally important segment out of the market for the most part
The traditional British buyers of Thai properties are not exploring real estate in this country at the moment, with the exception of a submarket of young retirees that remains resilient, says Robert Collins, managing director of Savill's (Thailand) Ltd.
IN THE DOLDRUMS: Poor exchange rates are deterring foreign buyers, especially the British. PHOTO: PIYAPAN DISSANEEWET
He added that even this submarket is quite subdued compared to earlier years.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: Nina Suebsukcharoen
- Position: Writer
Latest stories in this category:
- She shall not be moved
- Myanmar's rising drug trade
- With attitude and tattoos, hope is delivered to inmates
- TAXES IN THAILAND Part IX: Tax calculation, carrying the example
- Wealth creation: It's never too late
- Bangkok luxury condos still make investment sense, But caution key
- TAXES IN THAILAND Part VIII: Calculation of allowances
- Factors that could waylay your wealth
