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Buying Property in Vung Tau (Ba Ria): A Foreigner’s Guide

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Do you plan to buy property in Vietnam?
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Despite being in the shadow of Da Nang and Ho Chi Minh City, Vung Tau is the preferable weekend gateway for expats, locals and travelers alike who reside in Southern Vietnam, especially Ho Chi Minh City.

With improved infrastructure and connectivity, you can reach this harmonious island within 2-3 hours. With a long shoreline, there are a number of condos and condotels that pop up here and there, attracting the attention of property buyers.

In this article, I explain the basics you need to know if you’re interested in buying property in Vung Tau.

Can foreigners buy property in Vung Tau?

The same as it goes in other parts of Vietnam, you’re legally allowed to buy and own condo units in your own name. There’s no restriction to the amount of units you can buy, but foreigners can own a maximum 30% of the units in a condo building.

It’s important that you confirm with your agent or developer and assure that the quota hasn’t been filled.

Buying villas is also a popular option, where you can lease the land for a period of up to 50 years, even if the government has talked about increasing the term to 99 years. In general, the regulations to foreign ownership is going in the right direction.

If you buy a villa, 250 can be owned by foreigners in a given ward. This was not the case before 2015, when the Vietnamese relaxed the regulations to foreign ownership.

Why is Vung Tau interesting?

Vung Tau is not a sleepy backwater, but actually a city with hundreds of cafés and restaurants, many decide to settle down here for a long time.

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Buying Property in Chonburi: A Beginner’s Guide

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Do you plan to buy property in Thailand?
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Thailand is the first choice for many Asians or foreigners who live in the region and want to find either an investment property or lifestyle property.

While places like Phuket, Bangkok and Pattaya have seen a great influx of foreigners, there are a number places that get more investment, tourists and that simply become increasingly more interesting.

In this article, I explain how you can buy property in a province located in the Eastern parts of Thailand, namely Chonburi. The province will receive much investment over the years and is getting more appreciated by foreigners.

Let’s have a look.

Chonburi property market

Chonburi has a number of popular resort cities, with proximity to the capital, located along the shoreline. With investment in residential projects (among others) the province is predicted to perform well.

As property become more expensive in places like Phuket (not to neglect, flooded with tourists), many people turn to places like Chonburi City and Rayong. Sure, Pattaya is also located in Chonburi, but you also have a number of other interesting options.

Developers have also started to focus more on these cities: This report from Collier’s speaks for itself.

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Buying Property in Ko Samui: The Ultimate Guide

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Do you plan to buy property in Thailand?
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Ko Samui is popular among foreigners who wish to settle down in Thailand, or just stay there for a couple of weeks, recharging their batteries from the hustle and bustle back home.

I have a number of friends and old colleagues who have Ko Samui as their first choice when choosing among different resort islands in Asia. I’m not surprised.

Today, I will explain some of the basics you need to know when buying property in Ko Samui: About the market, local property regulations you probably haven’t heard of, and more.

Ko Samui property market

Being the second largest island in Thailand, Ko Samui is more relaxed and with a market that is less mature than Phuket’s.

You should also keep in mind that there are some differences in regulations when buying property in Ko Samui compared to other places, something I will explain more about in this article.

Famous for attracting foreigners to buy a plot of land to build a house in the past, it’s becoming increasingly popular to buy condos and off-plan – simply letting someone else doing the work for you.

Even if condos become increasingly popular, buying a house has been and is a preferred choice.

So who buys property in Ko Samui?

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Buying Property in Guangzhou: The Basics You Need to Know

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Do you plan to buy property in China (Mainland)?
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Guangzhou is one of the largest cities and an economic powerhouse in China.

With proximity to Hong Kong and Shenzhen, Guangdong has become a melting pot and one of the richest provinces in China, thanks to these three cities.

Guangzhou has a long history, both culturally and economically indeed, something you should read more about if you’ve not already done so.

In this article, I explain the basics you need to know when buying property in Guangzhou.

Guangzhou real estate market

Located in Guangdong, Guangzhou is the third largest city and an economic powerhouse together with Shenzhen and Hong Kong, in the Southern region.

With an old history of trading and commercial activity, not surprisingly, Guangzhou is one of the most bustling areas in China, attracting investors and expats.

As I’ve written in my separate articles about buying property in Shanghai and China in general, prices have increased much during the past years, making price to income ratios very unbalanced.

So how is the government trying to resolve this issue? Building a massive amount of rental units is the way forward and one of the hottest topics spoken about in the media, the fact is that the rental market is highly undeveloped in China.

Property prices in Guangzhou

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Buying Property in Davao: The Definitive Guide

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Do you plan to buy property in The Philippines?
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The Philippines is on the rise and one of the fastest growing countries in Southeast Asia.

You’ve probably heard of Manila and Cebu, but there a number of other cities in the Philippines that grow even faster, where the real estate markets are pointing upwards.

A few people have heard about Davao, one of the biggest cities in the Philippines, where more and more investors and developers look for opportunities, maximizing yields and profits.

In this article, I explain the crucial information you need to know when buying property in Davao.

Davao real estate market

With an economic growth that’s been stretched to almost double digits, Davao is one of the fastest growing places in the Philippines, naturally, this has affected the property market positively.

Yes: the country’s economy is one of the regions fastest growing. And with much investment in infrastructure, the entry of foreign companies and a focus shifting from the capital Manila, smaller places like Davao, Iloilo and Bacolod will reap their gains.

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Buying Property in Sabah: The Basics You Need To Know

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Do you plan to buy property in Malaysia?
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Sabah is located on the Eastern shore of Malaysia and one of the biggest states.

Many foreigners haven’t heard about Sabah, nor have they heard about its growing capital, Kota Kinabalu, often referred to as KK. The economy is growing fast in Sabah, especially in the capital, still prices are comparably cheap to many other countries in the region.

With investment pouring in and great growth potentials, you shouldn’t ignore Sabah if you plan to invest in Malaysia. In this article, I explain the basics when investing in Sabah property.

Sabah property market outlook

Sabah has a number of major cities, two of the most renowned are Kota Kinabalu and Sandakan. Even if the province has a population of almost 4 million and a number of other cities, the main focus will be on these two cities in this article.

Kota Kinabalu (the capital city) draws the most attention where property has been cheap in the past, but prices have doubled in a time period of just a couple of years.

Sabah is predicted to do well in the long run, but the property market has cooled off a bit, the price-to-income ratio has simply become too unreasonable and some developers have put projects on hold.

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Buying Property in Shanghai: The Basics You Need To Know

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Do you plan to buy property in China (Mainland)?
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Shanghai is the financial hub and Chinese city that has deserved the most attention in the past decade.

There are not many articles covering the topic how foreigners can buy property in Shanghai, so I decided to write one myself.

In this one, you’ll learn more about regulations to foreign ownership, Shanghai’s property market, average prices, popular real estate agents and more.

Can foreigners buy property in Shanghai?

I’ve already written a complete article explaining how foreigners can buy property in China.

Even if regulations are similar on a national level, prices have soared in Beijing and Shanghai, which has resulted in some additional requirements. Below I’ve listed some regulations to foreign ownership in Shanghai that are worth noting.

How many units can I buy?

You can buy one unit, after you’ve worked or studied in China for a time period of a year. This applies to the whole of China and understandably, you need to provide a number of documents to prove so:

  • Employment contract and tax records
  • Local work permit
  • Resident permit

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How to Buy Property in Jakarta: A Complete Guide

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Indonesia?
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With a population of around 30 million people, Jakarta is set to boom once the government changes the regulations of foreign ownership. But ownership regulations are not very transparent nor favorable, compared to other countries in the region, which has resulted in a more passive approach.

Still, many foreigners have already decided to invest here, as they’ve seen the great potentials that will follow the coming years.

In this article, I explain more about Jakarta’s property market, about local property developers and which areas you should have a look at when buying property.

Jakarta real estate market

It’s important that you understand how healthy the market is where you plan to buy property. You don’t want to buy at the peak and see your property value slump after just a couple of years.

So how’s it going in Jakarta?

Property is still undervalued according to many investors, including the Chinese, who plays a big role in its neighboring countries. Indonesia has a huge consumer market, a continuously growing middle class, which has resulted in a great shortage of property as well.

But the market has been stagnating for some years now, in fact, the demand and occupancy rate has decreased by double digits. A weakened demand from the Chinese and the introduction of a 20% luxury for properties worth more than USD 750.000 are two reasons.

Unfavorable regulations of foreign ownership discourage buyers

Regulations of foreign ownership is not very favorable (see my separate guide about buying property in Indonesia), and another reason why foreigners have been discouraged to buy.

Foreigners can’t get freehold ownership, not even of condos. Instead, they need to deal with a number of other title structures that give them the right to either use or lease.

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Investing in Macau Real Estate: By JML Property (interview)

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Do you plan to buy property in Macau S.A.R.?
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Formerly a Portuguese colony until 1999, Macau has the 3rd highest GDP per capita in the world, it’s also the most densely populated region.

Probably you already know that it’s famous for being a gambling mecca as well.

Often overshadowed by news telling about the frenzy in Hong Kong’s property market, many know little about what’s going on a stone’s throw away, in Macau.

Juliet Risdon works as a Designer and Director at JML Property, a leading real estate agency on Macau, founded in 1994. Their international team has helped many foreigners with services like buying and selling property, tenant property services, repair procedures and more.

Macau is interesting for sure, a reason why Juliet has been interviewed by newspapers like the NY Times, Reuters and Financial Times.

Let’s see what she has to say about the property market in Macau.

Juliet, what are the general regulations when buying a property in Macau as a foreigner?

The only areas where the Macau property market discriminates between foreign and local buyers is the additional 10% stamp duty that is applied to foreign buyers and the limitation on land ownership.

Foreign individuals and legal entities can invest in as many properties- residential, industrial or commercial- as they would like.

Most people hear about the property market in Hong Kong when reading the news, Macau is less mentioned. How has the property market performed in Macau the past decade? Have prices increased much like in Hong Kong?

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Buying Property in Bali: A Complete Guide

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Indonesia?
Click here to get in touch with an experienced agent

Famously known for having some of the most beautiful beaches in the world, it’s not surprising why many foreigners decide to invest in a Bali property.

But there are regulations to foreign ownership that’s different compared to other countries in the region. It’s important that you know whether you’re even capable of buying property as a foreigner.

In this article, I explain the basics you need to know if you want to buy a property in Bali.

Bali property market

Bali receives a big chunk of foreign investors, mainly from Southeast Asia, China, Europe and Australia, but also locals.

Prices have increased massively the past 10-15 years, in fact, Bali is one of the places where the property market has performed the best in Asia:

a. Luxury property prices have increased 15% year-to-year

b. Price appreciations of vacant land have been the highest in the whole world

This has resulted in a stagnation in property prices. After years of a continuous uptrend, the market has cooled down.

Some other outspoken reasons why the Bali property market has stagnated are:

a. Problems with local infrastructure, for example, lack of clean water

b. Oversupply of property, due to lack of property regulations and zoning

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