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Thailand's luxury villa market hits a historic high, fueled by foreign investment in Phuket.
Thailand's luxury real estate market is booming, with Phuket's villa market hitting a historic high of THB160-170 billion.
Botanica Luxury Villas, a local developer, saw record sales of THB1.2 billion and plans to expand, including a THB12-billion mixed-use project near Bang Tao Beach.
The surge in demand is driven by Russian and European buyers looking for second homes and investments, aligning with Thailand's goal to become a global luxury destination.
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El mercado de villas de lujo de Tailandia alcanza un máximo histórico, impulsado por la inversión extranjera en Phuket.