Category: Thailand

Top Airbnb Rental Management Companies in Thailand: An Overview

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Thailand has been the go-to-market for real estate investors in Southeast Asia in recent years. As a result, prices have increased in the multiples, particularly around the main road of Sukhumvit in Bangkok.

As many buyers cannot live in Thailand full-time, we’ve seen an increased demand for long-term as well as short-term rental management services.

Airbnb is the most popular option for short-term rentals and has grown immensely in the market.

In this article, we list the top Airbnb rental management companies in Thailand, explaining their services and key features. Let’s get started.

1. Breezybnb

Breezybnb is a leading Airbnb rental management company that operates in plenty of countries in the APAC. The company has received many testimonials who are satisfied with the rental management by the company.

The company has offices in the following locations, making it one of the biggest providers of Airbnb rental management services in Asia: Continue reading Top Airbnb Rental Management Companies in Thailand: An Overview

Top 8 Furniture Stores in Bangkok: An Overview

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Bangkok is the most-visited city in the world and many foreigners live here temporarily or permanently. Property investors also see the need to purchase furniture for their units, no matter if they rent out or live in them.

In this article, we list some of the most popular furniture brands in Bangkok, explaining their history, products, and locations. Let’s start with one of the largest ones.

1. IKEA

IKEA needs no lengthy introduction as most people have visited any of its outlets globally. The concept is the same as elsewhere with the same assortment and inexpensive food and Swedish food products available. Continue reading Top 8 Furniture Stores in Bangkok: An Overview

Buying Condos in Bangkok: A Complete Guide

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

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

Bangkok is the most-visited city in the world and has been a mainstay of the Southeast Asian economy and a center of Asian business for many years.

Being an “Alpha” city, it attracts everything from retirees, working professionals, families, and entrepreneurs.

To say that Bangkok’s property market has performed well in the past decade is an understatement. Despite rising prices, it remains one of the most attractive spots in Southeast Asia.

Before you engage in Bangkok’s real estate market, it’s important that you get your feet wet and learn the basics. Therefore, I have written this comprehensive article where I cover the most important topics.

Today, we review the following:

  • Bangkok’s Condo Market
  • Buying Condos Near the BTS (Sukhumvit Road)
  • Why is Bangkok popular among real estate buyers?
  • Bangkok Condo Prices
  • Property Listings
  • Real Estate Lawyers
  • Property Management Companies
  • Advice When Investing in Bangkok Property

Bangkok’s Condo Market

Bangkok’s condo market has flourished in the past years and prices in the central areas have increased in the multiples.

Notably, properties located along the BTS line in places like Asoke and Phrom Phong have seen the greatest price increases. The highest concentration of luxury properties can be found here. Continue reading Buying Condos in Bangkok: A Complete Guide

How to Buy Property in Thailand: The Ultimate Guide

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

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

Thailand receives by far the most travelers in Southeast Asia and real estate prices in Bangkok have increased significantly in the past decade. Luxury condo units in the central parts of Bangkok can fetch as much as THB 500,000 per square meter.

While most investments are focused on the central parts of Bangkok, smaller cities and islands like Pattaya, Phuket, Hua Hin, and Koh Samui receive a fair share of property investors.

Learning about local buying regulations, taxes, and whether you can rent out properties are just examples of important topics you should learn about before engaging in the Thai market.

In this article, I explain how you can invest in residential real estate as a foreigner in Thailand, including the most important items.

Topics covered:

  • Can foreigners buy property in Thailand?
  • Buying a Condo in Thailand
  • Buying a Villa
  • Financing a Property in Thailand
  • Getting a Mortgage as a Foreigner
  • Getting an International Property Loan
  • Real Estate Taxes
  • Renting Out Property in Thailand
  • FAQ

Can foreigners buy property in Thailand?

Thailand has comparably strict ownership regulations by Asian standards. You cannot buy commercial property as an individual but have a few residential options available.

Foreign individuals are allowed to buy 49% of the units in strata-titled projects that are typically branded condominium projects.

Even if you can own strata-titled office units, the supply of these units is scarce and only a few projects available in the market.

Land ownership is restricted is restricted for foreigners, making the process to acquire villas and landed properties more troublesome.

With that said, you don’t necessarily need to own the land, but lease it. Continue reading How to Buy Property in Thailand: The Ultimate Guide

Investing in Thailand Industrial Real Estate: The Complete Guide

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Thailand and particularly the areas around Bangkok serve as some of Southeast Asia’s most important manufacturing hubs.

Foreign companies, many from Japan, have operated here for decades and helped Thailand to develop advanced supply chains and manufacturing capabilities by Southeast Asian standards.

This brings a demand for industrial real estate among foreign companies. However, due to complex ownership regulations and common pitfalls, navigating Thailand’s industrial property market is not the easiest task on hand.

In this article, I go into greater detail and explain how it works when investing in industrial real estate as a foreigner in Thailand.

Topics covered:

  • Can foreigners buy industrial real estate in Thailand?
  • Thailand’s Industrial Real Estate Market
  • Industrial Clusters in Thailand
  • Thailand’s Importance as a Manufacturing Location

Can foreigners buy industrial real estate in Thailand?

Foreign individuals can own 49% of condominium units in branded projects, but generally not commercial property such as industrial real estate. Continue reading Investing in Thailand Industrial Real Estate: The Complete Guide

Top 13 Real Estate Agents in Thailand: The Ultimate Guide

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Thailand has received a fair amount of foreigners that buy residential properties in holiday destinations like Bangkok, Phuket, Pattaya, and Koh Samui.

Due to the great influx of foreigners, many real estate agencies have opened shops, including both local and foreign-owned. Previously, places like Bangkok lacked French and/or English-speaking agents, something that has changed over the years.

In this article, I list the most popular real estate agencies in Thailand, explaining their history, what property types they manage, what services they offer, and more. Let’s get started.

1. Colliers International Thailand

Colliers International is one of the most renowned and reputable agents in the world and headquartered in Seattle, Washington. They also have around 400 offices in 68 countries, including Thailand, of course. Continue reading Top 13 Real Estate Agents in Thailand: The Ultimate Guide

Investing in Thailand Office Space & Buildings: A Complete Guide

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Bangkok is the most visited city in the world and attracts everything from leisure travelers to investors. Most of Thailand’s office space is allocated to the capital where multinational banks like J.P. Morgan and startups alike have offices.

While prime office space is found in the central and extended business district, we also see upcoming areas in suburban and fringe areas.

That said, when looking at buying regulations and bureaucracy, investing in office space in Thailand can indeed be challenging for some foreign investors.

In this article, I explain the basics you need to know when buying office space and buildings in Thailand.

Topics covered:

  • Can foreigners buy office space in Thailand?
  • Thailand’s Office Market
  • Areas to Invest in Office Space
  • Taxes
  • How can I find office space for sale in Thailand?

Can foreigners buy office space in Thailand?

Foreigners are allowed to own so-called strata-titled units in Thailand, which typically include condominium units and strata-titled office units.

According to Thai laws, 49% of the units in a project can be owned by foreigners while the remaining 51% have to be allocated to Thai citizens. Continue reading Investing in Thailand Office Space & Buildings: A Complete Guide

Buying a Condo in Hua Hin: A Complete Guide

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You often come across investors and locals in Thailand that plan on going to Hua Hin for a weekend or longer. Some of them even reside in Hua Hin and just visit other cities over the weekend.

Hua Hun is famous for being a relatively small city with beautiful beaches, allowing foreigners and locals to recover from the hustle and bustle in the capital.

With a great interest in Hua Hin real estate, I decided to write this article where I explain the basics when buying properties in Hua Hin.

Topics covered:

  • Hua Hin’s Property Market
  • Best Areas to Buy Property in Hua Hin
  • Condo Projects in Hua Hin
  • Hua Hin Real Estate Agents
  • Benefits of Living in Hua Hin

Hua Hin’s Property Market

Hua Hin is strategically located a couple of hours’ drive away from Bangkok, making it attractive to foreign buyers and locals alike.

This is a benefit as the local market not only relies on foreign investments, like in Pattaya Continue reading Buying a Condo in Hua Hin: A Complete Guide

Buying Property in Pattaya: The Basics You Need to Know

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Pattaya is one of the biggest cities in Thailand and has attracted many foreign buyers in the past decade.

With property prices lower than Bangkok’s and located right next to the ocean, some foreigners simply prefer to invest here.

The city is the second most popular for foreign visitors after Bangkok and has become one of the favorite spots for retirees and young investors who struggle with expensive property prices at home.

Due to the increased interest in Pattaya property, I decided to write this article where I explain the basics when buying real estate in Pattaya.

Topics covered:

  • Can foreigners buy property in Pattaya?
  • Pattaya’s Real Estate Market
  • Buying a Condo in Pattaya
  • Condo Prices
  • Buying Property in Pratumnak
  • Buying a Jomtien Beach Condo
  • Pattaya Property Agents

Can foreigners buy property in Pattaya?

Foreigners are treated in the same way as in other parts of Thailand and we can own 49% of the units in a strata-title (condominium) project, as well as residential physical structures (villas). Continue reading Buying Property in Pattaya: The Basics You Need to Know

How to Buy Land in Thailand: A Complete Guide

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Foreign developers and overseas corporations typically look for land and/or hotels in Thailand. Industrial real estate is also targeted by investors who set up manufacturing or assembly operations locally.

It’s not strange, as Thailand has one of the biggest economies in Southeast Asia and attracts tens of millions of travelers and workers each year.

In the past years, land prices have increased much in the greater Bangkok area. This is contrary to Japan, where land prices have fallen since the early 1990s.

With that said, acquiring land in Thailand can be a time-consuming process with many potential pitfalls. It’s crucial that you work with a reputable partner that has experience in catering to foreigners.

In this article, I explain how foreigners can buy land in Thailand and what you should pay attention to.

Topics covered:

  • Can foreigners buy land in Thailand?
  • Title Deeds Available in Thailand
  • Common pitfalls when buying land in Thailand
  • Thailand Land Prices

Can foreigners buy land in Thailand?

Foreigners are not allowed to own land in Thailand, this is a common practice in other Southeast Asian countries, including Indonesia, Vietnam, and the Philippines.

With that said, there are ways to at least control land. Let’s review the different options you have.

1. Buying Land With a Nominee

The first option is to buy land with the help of a local nominee. In short, this means that a local citizen keeps the land under his or her name. Continue reading How to Buy Land in Thailand: A Complete Guide