Wealthy Russians Buying Villa’s in Phuket Jumps 82% in One Year

While Phuket has long attracted wealthy Russians, the influx is increasing as Vladimir Putin’s war in Ukraine makes competing locations in Europe and elsewhere more difficult to access. According to real estate consultancy Knight Frank Thailand, the number of villas sold on the island increased 82% last year to 338, with Russians purchasing over half … Continue reading Wealthy Russians Buying Villa’s in Phuket Jumps 82% in One Year