Leading Property Consultants

1081 for Sale - 774 for Rent | Total Listings: 1857

Top Five Price Fluctuations in the Thai Property Market

There are many reasons for fluctuations in the Thai property market. One thing for certain is that; on the whole, Thai property prices are on the increase.


This page explores five major areas in which the Thai property market fluctuates and the reasons behind them.


Political Unrest


The political situation in Thailand is unstable to say the least. It has been for years and shows no signs of stabilising any time soon.


This does have a negative effect on property prices, as the images of Thai’s rioting are beamed all over the world.


That said this doesn’t have as much of a negative impact on property prices as one might expect.




The tourism industry in Thailand must be one of the biggest in Asia, if not the whole world.


Year on year millions of foreign tourists flock to the Land of Smiles to experience a taste of Asia and the laid back Thai way of life.


This obviously has a positive effect on property prices and the more tourists come to Thailand the more the price of property will increase.


Natural Disasters


Thailand, in recent years, has had a couple of pretty serious natural disasters. Many are not reported in the international news.


The Tsunami of 2004 is obviously one disaster that was reported worldwide, and every country was made aware of the devastation felt on islands such as Phuket and in other areas around Krabi.


It is obvious that this will have a negative effect on property prices in the region, in the short term, as people are wary of returning.


In the long term though, tourism isn’t affected by any of the natural disasters suffered by the region.


Global Economic Crisis


The global economic crisis has affected pretty much every country in the world. Markets crashed in 2007 and 2008 and are still recovering.


Property prices the world over plummeted, leaving many unfortunate families in negative equity and even homeless.


The strange thing is how little this affected property prices in Thailand. Property prices never seemed to flinch for even a moment.


This is still the case and many investors are counting their blessings that they decided to purchase property in Thailand, rather than in their own country.




All of the reasons above have one common major impact in the Thai property market, in the way that they will generally alter currency values.


Basically the choice on which way to go can be made only by you. It all depends on whether you decide to bring all your money into Thailand in the hope that the market in your country will continue to get weaker, or leave your money abroad thinking that, one day, the Thai market is certain to collapse.


That is a million dollar question and one that is certain to affect the price of your Thai property over and above all else.


Comments are closed.

Featured Condos

Majestic Residence - Lovely Estate Home Just 100m From Beach


Very unique and luxurious estate located in Majestic Residence in Cosy Beach, Pratumnak just one soi from one of the nicest beaches in the area. Featuring four large bedrooms, all with luxurious ensuite bathrooms, one being a 'granny suite' with it's own full kitchen and living room, private gym, huge games room with bar, large open-plan living area downstairs, large modern European kitchen, office, 18m swimming pool with sun terrace, great decor, vaulted ceilings and furniture throughout. Must

For Sale 48,000,000 ฿ For Rental 30,000 ฿
FIRESALE!!! Ocean Marina High Floor 178 sqm only 8.5m!

Location:Ban Amphur

We've never seen a unit go for this sort of money in Ocean Marina before. At 8.5 million THB for 178 sqm with such a stunning view this truly is a firesale. Featuring three spacious bedrooms, two with full seaview and one with great mountain views, three full bathrooms, fully renovated. Large open plan living area and kitchen, two balconies and superb seaviews. Plus excellent building facilities and of course, full marina access. Nice a bit of light renovation but 500k would do most work.

For Sale 8,500,000 ฿ For Rental 30,000 ฿
Opulent Estate Home For Sale in Huay Yai

Location:Huay Yai

This grand and unique property is situated just of Soi K9 in Huay Yai. The main house covers an impressive 350 sqm of living space that is comprised of a large main living area with vaulted ceilings, four large bedrooms, all with very well appointed ensuite bathrooms and top quality built-in furniture, huge country-style kitchen with large pantry area...all facing towards a very impressive garden and private lake.

For Sale 33,000,000 ฿
For Rent 80,000 ฿ For Rental 30,000 ฿
©2010 Property Marketing Specialists (Jomtien) Company Limited. Address 315/185-186, M12, Thappraya Road, Pattaya, Chonburi 20260 Phone +66 38 303 243 Fax +66 38 303 073 English +66 861 086 575 Russian +66 897 533 181