Rental Disputes in Thailand
Alex had been renting a flat in Chiang Mai for eight months. Recently, he faced rental disputes in Thailand with his landlord. Due to his busy work schedule, he was unaware of the payment notices sent by his landlord. To his surprise, the landlord arrived a week later and demanded that he vacate the premises […]
Top 4 risks to avoid for Chinese Real Estate Investors
You won’t believe Chinese real estate investors purchased 4,300 residential units worth 20.2 billion baht in 2024. Amazing isn’t it? For the last 15 years, Thailand offered apartments to Chinese families at affordable rates. Meanwhile, in Shanghai, average housing prices range from $6,800 to $8,400 per square meter. However, a foreign real estate investor in […]
Off-Plan Condo Purchase in Thailand
Are you planning to do an off-plan condo purchase in Thailand? Condominium Purchase in Thailand is allowed for foreigners, but, when it goes off-plan, there are various risks associated with the same. Before going into deep analysis, let us first know what is an off-plan condominium? What is Off-Plan Condominium/Property? A Condominium that has not […]
7 Things to Consider Before Buying Condominium in Thailand
Thailand serves as a hub for most expats. It is quite easy to commute to different regions of the world because it is almost in the center of almost everything. Thailand serves as a retirement home for others. After they retire, this will be their final destination. It is a beautiful place to live because […]
The New Royal Act: Foreigners Can Buy House in Thailand
There are amendments in the rules to allow foreigners to buy a house in Thailand on a freehold basis. This is the Royal Thai Government initiative. The raking price is will be in the range of 10-15 million Thai Baht. Aside from that, the new rule will raise the foreign ownership ratio for condominiums from […]
Property in Thailand: Due Diligence
A property buyer must have more information about the property than what appears on a title deed examination. For instance, you may plan to buy property in Thailand that is under construction. In this case, you must confirm the necessary permissions in place, as well as ownership of the site. Due diligence is the process […]
Property Tax in Thailand: All You Need to Know
The Building and Land Tax Act of Thailand governs the regulation of the collection of building, housing, and land taxes annually. Although there is no universal annual property tax in Thailand, if private owners rent out or utilize their property for commercial purposes, a 12.5% annual housing and rent tax is applied. However, for many […]
Property in Thailand: Freehold & Leasehold for Foreigners
Thailand is a popular tourist destination due to its magnificent beaches, rich culture, and pleasant weather with warm, sunny days all year. Additionally, the country has earned a reputation as a destination for foreigners wishing to invest in Property in Thailand. From sea-view condos in Patong and waterfront penthouses in Kamala to modern flats on […]
Property Lease Agreement in Thailand
Foreigners frequently misunderstand the significance of a lease agreement in Thailand. Owing to this reason, we will be presenting an in-depth analysis of the land leasing agreement in Thailand. The lessee can utilise such an arrangement to hire or rent a property from the lessor. It’s important to understand that a property lease agreement does […]
Real Estate Market in Thailand – Post-COVID and Future
Thailand’s economy is one of the most stable and promising in Southeast Asia. Thailand’s government and people have put a tireless effort over the years to position Thailand as one of the world’s leading developing powers. As a result, it has and will continue to enjoy a great deal of success and wealth. The real […]
