Despite popular belief, Thailand’s property market isn’t dominated by the foreign buyer. In 2025, overseas investors account for less than 10% of condo transfers and just 6% of total real estate transactions. Yet, their presence still shapes premium markets in Phuket, Pattaya, and Bangkok. This article breaks down who today’s foreign buyers really are—from China and Myanmar to Russia and India—and how their activity influences Thailand’s evolving property landscape without displacing local demand.