The Land of Smiles with its rich history, great food, exciting shopping, friendly people and great prices has been attracting Chinese visitors as far back as 2014 when some 4.6 million Chinese visitors started arriving at this Southeast Asian kingdom. It held the top spot In Juwai.com’s rankings last year and remained unchallenged this year.
The country’s distinct culture coupled with active development in the real estate sector were some of the factors drawing the attention of Chinese investors despite a rise of the baht’s value against the renminbi.
The current wave of investment by Chinese investors into Thailand is largely targeting the rental market, with prices mainly falling in the low to mid-range bracket. It is no coincidence that the places into which Chinese property buyers are pouring their money are also the most popular with Chinese tourists.
Four cities from the Land of Smiles also made it to the Top 4 most popular cities with Chinese buyers worldwide o– Bangkok (#1), Pattaya (#2), Phuket (#3) and Chiang Mai (#4). Bangkok, especially, accounted for the largest share of Chinese buyer interest, showing a 73 per cent increase in enquiries. Other locations popular with Chinese buyers included tourist islands such as Ko Samui (#6), Ka Ron (#7), Kathu (#8), Amploe Thalang (#9) and Rawai (#10