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 […]
BOI Benefits for Real Estate Business in Thailand
The Board of Investment has developed a 5-year Investment Promotion Strategy primarily targeting the competitiveness of Thailand in the global market. With the help of this new plan, Thailand’s economy will be developed, its marketability will increase, and the country will eventually become a regional investment center. In this process of facilitating Thai and foreign […]
Usufruct in Thailand
Usufruct Laws play a significant role in the real estate industry of Thailand. Especially, when it comes to temporary possession of the property. A usufruct, or “Sidhi-kep-kin” in Thai, offers temporary ownership rights for the use and pleasure of a property. Additionally, it provides the benefit of being able to profit from the profits of […]
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 […]
Land Ownership for Foreigners in Thailand
Foreigners enjoy the same property rights as Thai residents under the Thailand Civil and Commercial Code. However, land ownership for foreigners in Thailand is not possible under the Land Code Act B.E. 2497 (1954). Land ownership for foreigners in Thailand is not normally possible for all types of freehold real estate, land, or house. But, […]
Real Estate Investment in Thailand: Comprehensive Guide
Real Estate Investment in Thailand is a major source of the inflow of foreign funds to the kingdom. Therefore, this contributes greatly to the Thai economy. Owing to the beautiful tourist spots in the country, this investment further channelizes more in the purchase of commercial properties. These structures are further modified to tourist accommodations and […]
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 […]
Yellow House Book for Foreigners in Thailand
Tabien Baan means ‘House Registration’ in Thai. It is a sort of government-issued document that names all foreign nationals with a ‘Temporary Stay’ or ‘Long Stay’ visa/visa exemption. Additionally, it is for those who live at the condo or house address as in the house registration book. This frequently enables you to obtain the Pink […]
Title Deed Search in Thailand: All You Need to Know
In order to buy property in Thailand, you must first conduct a title deed search in Thailand. The existence of liens is confirmed, the current title classification is identified, the seller’s right to own or lease the property is established, and the ratio of Thai to foreign ownership of a condominium can be determined. Konrad […]
