Russians were second only to the Chinese. Third place went to citizens of France. What attracts compatriots to real estate in Thailand?

Along with buyers from China and Western countries, Russians are increasingly investing in housing in Thailand, taking second place in terms of the number of transactions in 2024.

The cost of real estate in Phuket, Thailand, has risen to a record high in 2024 due to high demand from foreigners, including Russians, local publication The Nation reported.