Thailand’s residential real estate market ended 2025 with a decline in the number of transactions and their value, but demand from foreigners for condominiums remained stable and partially offset the weakness of domestic buyers.
According to the Real Estate Information Center (REIC), in 2025, 316,214 transactions for the transfer of ownership of housing were registered in the country, which is 9.1% less than a year earlier, and the total value decreased by 11.8% to 864.913 billion baht.
In the fourth quarter, the authorities implemented short-term stimulus measures, reducing registration fees and easing LTV parameters for mortgages, which supported transactions at the end of the year.
REIC reports that in the fourth quarter of 2025, foreigners made 3,888 condominium purchases (year-on-year growth), and 14,899 units for the year, which is 2.2% more than in 2024. At the same time, the value of such transactions decreased by 10.7% over the year to 60.921 billion baht, indicating a shift in demand to a more affordable segment.
China remained the largest group of buyers, but its figures declined: REIC indicates that in 2025, Chinese citizens completed 4,940 transactions (about 33% of the total number of foreign transactions), while the value of these transactions decreased more significantly.
REIC published the most detailed breakdown by nationality for specific periods of 2025. According to REIC, in the first four months of 2025 (January-April), the top 10 countries by number of condominium purchases were as follows: China – 1,728, Myanmar – 566, Russia – 365, Taiwan – 225, France – 205, USA – 185, UK – 175, Germany – 144, Singapore – 103, Australia – 76.
In terms of transaction value for the same period, the top ten were: China – 7,097 million baht, Myanmar – 1,850 million, Russia – 1,246 million, Taiwan – 1,045 million, followed by the US, UK, France, Singapore, India, and Germany.
At the end of the first half of 2025, REIC reported a high concentration of transactions in Bangkok and Chonburi (more than 80%), with China, Myanmar, and Russia remaining among the leaders in terms of the number of purchases.
Separately, REIC noted the growing role of Russians and Taiwanese in the demand structure, while Ukrainian buyers did not make it into the top 10 in the REIC tables published for 2025. However, experts rank Ukrainian citizens among the top 20 most active buyers of Thai real estate.
REIC expects a scenario of “stability” for 2026 – transaction indicators may remain close to the 2025 level, without significant growth.
http://relocation.com.ua/thailands-housing-market-in-2025-supported-by-foreigners/
The national postal operator Ukrposhta has launched auctions for the sale of 20 unused real estate properties with a total area of 32,800 square meters, with a starting price of over UAH 200 million, the company’s CEO Ihor Smelyansky announced on Thursday.
According to his Telegram post, the properties listed on the Prozorro.Prozori platform range from a small building in a village in Zakarpattia to a 5,600-square-meter sorting center in Lviv.
The head of the company expects profits from the sale in the tens of millions of hryvnia, which will go towards investments, as well as savings on the maintenance of these properties and tax payments of over UAH 3 million.
“The funds received from the sale, in accordance with the decision of the shareholder of Ukrposhta, the Ministry of Community and Territorial Development, will be immediately directed to investments in fixed assets,” Smelyansky said.
The CEO of Ukrposhta specified that the sorting center, which was built in the 1920s in the very center of Lviv near the railway station, has a starting price for investors of UAH 56.9 million.
The day before, Ukrposhta also completed the second auction on Prozorro.Prozori for the sale of 716 units of decommissioned transport, receiving UAH 9 million, and is preparing to start the final sale of about 250 more vehicles.
In the fourth quarter of 2025, Ukrposhta received a net profit of UAH 257.9 million, which exceeded the figure for the same period in 2024 by 69.2% due to additional income from the sale of the company’s property, which amounted to UAH 168 million.
The national postal operator increased its revenue in the fourth quarter by UAH 10.7 million compared to the same period in 2024, to UAH 3 billion 601.6 million.
The UAE has simplified the process of obtaining a “golden visa” for real estate investors: the key criterion remains the cost of the property from 2 million dirhams, while in Dubai it is possible to apply on the basis of a mortgage purchase if there is a letter from the bank and confirmation of payments, according to the description of the Dubai Land Department (DLD) service for applying for a 10-year investor residence visa.
According to the DLD’s terms and conditions, the applicant must own a property (or several properties) with a total value of at least AED 2 million, and the property may be mortgaged – a letter from the bank stating that there are no objections is required, as well as an indication of the amount paid and the outstanding balance.
The changes came into effect on February 20, 2026, and expand the pool of applicants to include buyers using mortgages and installment plans, as well as buyers of off-plan properties.
As reported by Serbian Economist, the average price of 1 square meter of housing in new buildings in Montenegro in the IV quarter of 2025 amounted to 2 206 euros, which is 14% higher than the level of the IV quarter of 2024 (1 936 euros), according to data from MONSTAT.
The growth was uneven by region. On the coast, the average price reached EUR 2,570 per sqm (approximately +24% y/y), in Podgorica – EUR 2,141 (+10%), in the central region – EUR 1,363 (growth from a low base, approximately +46%), while the northern region did not record new building sales in Q4 2025.
The dynamics during 2025 were in waves: the national average price was €2,158 in Q1, €2,201 in Q2, €2,228 in Q3 and €2,206 in Q4, meaning that after peaking in the summer, the figure fell slightly towards the end of the year.
MONSTAT separately emphasizes that the average price is strongly influenced by the share of so-called solidarity housing (housing sold under the preferential model). In the fourth quarter of 2025, in the category “enterprises” (market sales), the average price in the country was 2,415 euros per square meter, while in solidarity housing – 705 euros.
From the point of view of “Serbian Economist”, the key conclusion for 2025 is as follows: the market of new buildings in Montenegro remains “two-speed” – the coast continues to rise in price faster due to tourist demand and limited supply in prime locations, while the capital and inland regions are more dependent on the structure of transactions and availability of credit. The Financial Stability Board at the Central Bank of Montenegro also warned about the risks of overheating amid active lending and rising prices at the end of 2025.
In 2026, the pressure on prices is likely to continue, but the pace may become more “selective” in terms of locations and quality of projects: the priority will be objects with clear documents, ready infrastructure and rental potential, while the mass segment is more sensitive to household incomes and financing conditions.
https://t.me/relocationrs/2311
According to Serbian Economist, the total volume of investment in Belgrade’s office real estate in 2025 grew to EUR 131 million, compared to EUR 14 million a year earlier, amid steady demand for prime-class properties and moderate new space supply, Serbia Business reports.
The total volume of modern office space in Belgrade reached 1.46 million square meters at the end of 2025, with more than 65,000 square meters of new space added during the year (about +5% year-on-year). Annual take-up amounted to 180,000 sq m, which is 9% lower than in 2024.
Vacancy in the market at the end of 2025 is estimated at 5.67% (within the “healthy” range of 5-10%), while in the prime segment it fell to 2.5%, reflecting a shortage of quality space. In the transaction structure, 43% were contract renewals and 40% were new leases.
Rental rates remained stable: prime offices – EUR 16-18 per sq. m per month, with rates exceeding EUR 19 in top properties, and class B remaining in the range of EUR 12-14.
Industry consultants generally confirm the trend of stable supply and sustained demand for high-quality space. CBRE indicated that in 2025, Belgrade’s office stock increased by more than 72,000 sq m of speculative supply, while IO Partners recorded stable prime rates at EUR 18-19 and an increase in stock of 86,900 sq m over the year.
https://t.me/relocationrs/2308
The owner of JSC “Mukachevo Knitting Factory ”Mriya‘’ (Zakarpattia region) will sell all the real estate of the factory to the recently established local LLC “Citygoal” at the residual value, which at the end of 2025 amounted to UAH 14.065 million.
According to information in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant decision was made at an extraordinary general meeting of shareholders on February 12, which was attended by one person – the owner of 99.86579% of the company’s authorized capital.
According to YouControl, Citygoal LLC was registered in Mukachevo in July last year with a share capital of UAH 20 million and its main activity being “construction of residential and non-residential premises.”
The owners of the company are Ivan Lilik – 33%, Mykola Medvid – 22%, and Pavlo Viktorovich Baloha – 45% (coinciding with the patronymic and surname of the son of the non-factional MP, former Minister of Emergency Situations, former head of the Transcarpathian Regional State Administration Viktor Baloha), who is listed as the ultimate beneficiary of this company.
According to information on the Mukachevo City Council website, on December 27, 2025, he granted permission to MTF Mriya to develop a detailed plan for the territory “to determine the possibility of building a multi-apartment residential complex with commercial, entertainment, and market infrastructure facilities.”
As reported, in November 2025, the owner of more than 98.87% of the shares of JSC “Mukachevo Knitting Factory ”Mriya,” which had been owned by the Lithuanian Utyanos Trikotazas, became the locally registered LLC Translum, owned by local entrepreneur Vladislav Vitvinov.
The general meeting of JSC “MTF ”Mriya” also decided to grant consent to the company’s director and supervisory board to sell the company’s movable property at a price not lower than its residual value (UAH 1.3 million at the end of 2025).
The announcement does not name the buyer of the movable property, but according to the draft decisions published in the announcement of the meeting, it was planned to sell this asset to the local company Teksto LLC, which, according to YouControl, was established in December last year with a statutory capital of UAH 1 million and its main activity being “underwear manufacturing.”
The owners of Teksto LLC are Mykola Medvid and Ivan Lilik (50% each).
The Mukachevo knitwear factory Mriya, which manufactures knitwear, was founded in 1973. Since 2005, it has been a subsidiary of Utyanos Trikotazas, which supplied raw materials and was the main buyer of its products.
In 2024, the factory incurred losses of UAH 7.4 million (46.6% less than in 2023) and reduced its net income by 15% to UAH 20 million. In January-September 2025, according to YouControl, its net income amounted to UAH 23 million, with losses of UAH 8.5 million.
As of early 2025, the factory employed 84 people, compared to 113 a year ago.
The authorized capital of JSC MTF Mriya is UAH 5.13 million.
