Buying a Condo
There have been new trends in the Thai property market being Branded Residences. The first was a shift away from residential units to mixed commercial and residential units. There had been better demand for mix development property. This had moved more hotel chains into the property business by making mixed property but linked to their…
Most expats who work in Thailand rent condominiums or expat apartments and do not buy these units. The market for these tenants is very competitive and it is mainly in selected areas in Bangkok where it would be close to their place of employment. Certain areas are popular but these are all very close to…
Property values always increase when the mass transit lines are established close to the property. This has created speculation and people buying property in an area even before the line is completed. What was noticed was the prices close to the line at times would double in price as developers buy older property to demolish…
Under Thai law, foreigners are not allowed in owning land in Thailand. There are two options for foreign investors: a 30-year leasehold or purchase the property by setting up a limited company. Apartments, on the other hand, can be purchased by foreigners as long as 51% of the building is owned by locals. Due to…
Owning a home is a keystone of wealth… both financial affluence and emotional security.