Property values in Bangkok have shot up in the past 15 years which has translated to a ‘hands off’ approach from the government. These cities have many tourist resorts with access to miles long white beaches, golf courses, and scuba diving. However, at this price level, you also have the opportunity to buy a medium-sized house in places like Hua Hin (located around 2-3 hours by car from Bangkok) or Phuket (located in Southern Thailand). Properties are available in Thailand but before obtaining one for yourself, you must be conscious regarding several rules and guidelines of the land. Investors and homebuyers can follow these 3 simple rules: 1. If curious about purchasing, a foreign buyer has two options : either a 30-year leasehold or buying the property through a restricted business. A complex market: why you need sound advice. Although Thailand is a magnificent place for the discerning investor to own property, we are aware that not every buyer takes the time to understand the complexities of Thailand’s real estate market and its laws. When looking at buying real estate in Thailand, especially a new condo unit, it’s important to perform due diligence to ensure your investment will be a sound one. Find property for sale from top developers and agents such as Land and Houses (LH), Sansiri, Pruksa, Century 21, Supalai, RE/MAX and many more. Condominium Freehold Titles simply called “condos”. Apartments in condominiums can be freehold (fully owned), provided that foreign nationals own no more than 49% of the area in this condominium, or leasehold (rented for long terms). Buyer Beware in Buying Real Estate in Thailand. 4. Foreign nationals can buy property in Thailand, choosing either freehold or leasehold as the form of ownership. Browse our list of 13 cheap properties for sale & rent in Thailand to find your perfect property. Foreigners looking to Buy Thailand Property have 5 main ownership options available. With so many great property for sale in Thailand it’s an evergreen question, and according to Thai legislation, foreigners are not enabled to own land in Thailand. Buying a property in Thailand involves very low taxes and fees - as most costs are covered by the seller. Buying a property in Thailand then seems the natural next step. Foreigners cannot own land. No registration needed! However, they can own and control: 2. Buying a house in Thailand Thailand is one the most beautiful places you can opt for after your retirement from your professional career, if you desire living a relaxed life. BUYING IN THAILAND. In fact, it can be downright difficult as Thailand has strict rules about foreigners owning apartments, town houses, houses and other structures in the Land of Smiles. Rest-assured, buying property in Thailand is straightforward and the laws are easy to follow and understand. Building and structures located on a plot of land. Luxury Villas and Property for Sale and Rent in Koh Samui & Thailand +66 (0)92-959-1299 All our services are free of charge! 3. The buyer is usually responsible only for: Legal fees: Fixed costs depending on the circumstance, between $571 and $857 thailand-property.com has fast become the number one property portal website for expats featuring an extensive selection of real estate to buy and rent in thailand. The problem is, for most foreigners, buying a property in Thailand is not as simple as it would be in their home countries.. Sound advice you need sound advice to miles long white beaches, golf courses, and scuba.. Long white beaches, golf courses, and scuba diving on a of! By the seller a complex market: why you need sound advice very low and... 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