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Siam Legal International |
Usufructs in Thailand
As with acquiring Thailand property, there are three different ways for a foreigner to own a house in Thailand: foreigners can purchase a home within their own Thai-registered company; foreigners can purchase Thailand real estate if they have a long-ranging lease agreement; again, foreigners can purchase a home if they are married to a legal Thai resident, and his or her name is on the deed.
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Ways to Buy Thai Property
Thinking about buying property in Thailand for your retirement? Well this is the best time you buy real estate especially in Phuket where prices for the first time in 10 years have not increased. There is no better time to buy in Phuket than right now. The process of purchasing Thailand real estate, whether it is a Thailand condominium, a Thailand house, or simply Thailand property, can be quite convoluted and difficult. This is namely because of recent laws passed that prohibit foreigners from purchasing land in their own names.
Buy a Thai Condo!
You might consider buying property in Bangkok now that the market is taking a dip. Over the past few months the prices of new property units hitting the market has come down with less property launches than before. The second hand market is still good and if ever you thought of buying a condominium in Bangkok or Pattaya, now might be a better time than ever. Let us reflect on what has been said by the property market.
Investing in Property in Thailand
Investing in property in Asia can be risky however it has been done by thousands and have reaped rewards. Before buying any property always consult an attorney for legal advice on the property you wish to purchase. Also check what the return on investment would be at the current rentals. This is a brief example of a small property portfolio.
Property Litigation in Thailand
Nothing highlights what problems can be expected when buying unguided and the property pitfalls people find themselves in than the report from Property Magazine. Once again we advise people to seek legal assistance before buying property in Thailand for face the very possibility of loosing your money. This is not a scare story but a reality when you are dealing in an unregulated property market. Take note and learn. As the old saying goes, a fool and his money are soon parted. Don’t be a fool!
Thailand Real Estate Lawyer
With more than 14 million visitors annually to Thailand. Have you ever wondered where most of the visitors go or who is buying which property and where? Oddly enough the biggest buyers of property in Pattaya turns out to be the Russians, With more restaurants and businesses in Pattaya hiring Russian speaking staff, it sets the tone for what is coming to Pattaya – a boom in real estate prices, especially with less property units being built.
The resort locations of Pattaya, Phuket, Koh Samui and Hua Hin are the locations of 30% of the country’s luxury apartment inventory, and have as a whole experienced annual growth of 9.5% in international arrivals since 2003.