How to Buy Property in Thailand: The Ultimate Guide

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

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We all know about the temptations that Thailand has to offer: white beaches, low living costs, and real estate that costs a fraction compared to back home.

Maybe you have already decided to purchase a property or just want to learn more about how it works when buying real estate in Thailand.

In this article, I explain about foreign property ownership regulations, how you can buy property as a foreigner in Thailand, about property taxes, if you can rent out the property, and more.

Can foreigners buy property in Thailand?

Foreign individuals are allowed to buy 49% of the units in condominium projects. The remaining 51% needs to be allocated to locals.

Besides, foreigners can own strata-titled office units, with similar regulations as when buying condominiums. This is not common though, but worth mentioning.

You can also buy and own physical structures, but not the land that these structures are built on. But there are ways to get around this.

You can either lease the land or buy it through a local company (where the first option is significantly easier). Let’s review the two options. Continue reading How to Buy Property in Thailand: The Ultimate Guide

Phuket Condos for Sale: 7 Interesting New Projects & Launches

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Located along the beautiful Western shoreline in Thailand, Phuket is one of the most visited places in Thailand. Some foreigners even decide to settle down here full time.

You’ll find a number of established and off-plan properties with great amenities. A benefit of investing in Phuket is that developers often offer high guaranteed rental incomes if you invest in the right areas.

In this article, you’ll learn about some of the most interesting new property projects for sale in Phuket, including villas, condos, condotels, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2020-01-09

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Property for Sale in Bangkok: 7 Interesting New Projects & Launches

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Do you plan to buy property in Thailand?
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Bangkok is the most visited city in the world and a favorite spot for many overseas property buyers. Personally, Bangkok is one of my favorite cities in Asia.

Even if the Thai economy is growing slowly, people still get attracted to this international melting pot for a number of reasons. With significantly lower property prices than places like Singapore, Hong Kong, and Shanghai, Bangkok will continue to be a number one choice.

Often, investors prefer to buy either new or off-plan properties, but we also see a demand for established property.

In this article, you’ll find interesting new condos for sale in Bangkok, in places like Sukhumvit Road, Sathorn, the Riverside, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2020-01-08

Continue reading Property for Sale in Bangkok: 7 Interesting New Projects & Launches

How to Rent Out Property in Bangkok: A Complete Guide for Foreigners

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Do you plan to buy property in Thailand?
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Bangkok has rapidly established itself as an attractive property investment destination in the heart of South East Asia.

This is due to a combination of factors, from comprehensive property ownership laws for foreigners, strong rental yields (on average between 4-6%), and good capital appreciation potentials spurred by the city’s rapid development.

These factors are complemented by the relative affordability of property in Bangkok, and the fact that the City offers an appealing lifestyle that attracts visitors and expats from around the world!

It comes as no surprise that international investors, especially from Singapore, Hong Kong, China and even the Middle-East, have been investing in buy-to-let property in the Thai Capital.

How do landlords find rental clients for their properties?

There are usually two main ways landlords would go about finding rental clients from their investment:

Continue reading How to Rent Out Property in Bangkok: A Complete Guide for Foreigners

Property For Sale in Chiang Mai: 6 Interesting New Projects & Launches

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Chiang Mai is one of the biggest cities and the cultural center in Thailand. Being voted as a UNESCO World Heritage, some foreigners find Chiang Mai’s picturesque environment and relaxed lifestyle tempting.

The tourism is surging at the same time as the Thai government invest much money to make Chiang Mai an innovation-driven “smart city”.

In this listing article, you can find some of the most interesting new property projects and launches in Chiang Mai. We update the article on a regular basis, keeping it up-to-date with the latest information.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2019-10-01

Continue reading Property For Sale in Chiang Mai: 6 Interesting New Projects & Launches

Property For Sale in Pattaya: 5 Interesting New Projects & Launches

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Pattaya is the second most popular tourist destination in Thailand after Bangkok, attracting travelers and investors in vast numbers.

The market was initially dominated by Westerners, and later saw a big influx of Russians. Chinese buyers are predicted to increase in numbers. By having the reputation of being Asia’s biggest beach resort, Pattaya will continue to be popular among property buyers.

Increasingly more people buy off-plan properties, but established property is still a preferred choice for some buyers. Below you’ll find interesting new property projects and launches in Pattaya, including villas, bungalows, and condos.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2018-09-27

Continue reading Property For Sale in Pattaya: 5 Interesting New Projects & Launches

Renting Out Property on Airbnb in Thailand: The Definitive Guide

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If you own a property in Thailand or plan to buy one, Airbnb can be a great option to earn additional income. With more than 35 million arrivals in 2017, Thailand was among the top ten visited countries, which means that there’s a high demand for short term rentals.

Airbnb provides a perfect solution to the high demand, something that Thai hotels have (negatively) experienced. In 2017, there were around 40,000 Thai properties listed on Airbnb.

However, before you take the step and start renting out your property on Airbnb, you should know that there are some legal limitations to it as well. In this article, I explain everything you need to know when renting out property on Airbnb in Thailand.

Is Airbnb illegal in Thailand?

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Property For Sale in Hua Hin: 5 Interesting New Projects & Launches

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Do you plan to buy property in Thailand?
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Hua Hin is one of the most popular destinations for property buyers in Thailand.

Located along a beautiful shoreline next to the Gulf of Thailand and with 20 km to Bangkok, it’s a perfect retreat for retirees, or to have a second home.

Developers often offer you guaranteed rental incomes here, with an option to live in your property for a couple of weeks every year. This can be a good choice if you want to earn high rental incomes.

In this listing article, you can find some of the most interesting new property projects and launches in Hua Hin, including condominiums, villas, bungalows, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2018-09-25

Continue reading Property For Sale in Hua Hin: 5 Interesting New Projects & Launches

The 6 Cheapest Places to Buy Real Estate in Asia: A Complete Guide

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A commonly asked question among property buyers is where they can find the cheapest properties.

One should bear in mind though that it’s not easy, nor very important, to discuss property prices on national levels. It’s better to focus on a handful of cities, or the capitals, places where a big part of investors tend to go.

In this article, I list the countries with the cheapest land, houses, and apartments in Southeast Asia/Asia.

Before we deep dive into, I want to mention that I haven’t taken countries such as Mongolia, Brunei and Sri Lanka into consideration.

6. Thailand

Continue reading The 6 Cheapest Places to Buy Real Estate in Asia: A Complete Guide

4 Asian Countries with Long Term & Real Estate Investment Visas

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Do you plan to buy property in Asia?
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Before you pick a location for your next Asian property investment, it’s important that you do some research about the visa options available.

Having a long term visa, might it be an investment visa, will bring relaxation and not forcing you to leave a country every month, or so.

Luckily, you’ll find a handful of countries in Asia who have understood that foreigners want to stay there long term, bringing decent cash to the local economy.

In this article, I list 4 Asian countries that offer long term and real estate investments visas to foreigners. Let’s have a look.

1. Thailand

thailand-investment-visa

Thailand is the most visited country in Southeast Asia for many reasons. Expats, travelers and other foreigners alike can easily get accustomed to the high quality of life.

Personally, Thailand is one of my favorite countries to visit in Asia, I often make a trip once in a while, to recharge my batteries.

Even if Thailand might not be the best place for investors with a high risk appetite and to maximize yields, many foreigners (for example example Hong Kongers and Japanese) want to have property in a place that’s ‘livable’.

Proximity to their home countries is also of importance.

Continue reading 4 Asian Countries with Long Term & Real Estate Investment Visas