Investing in property and land plots in Thailand offers a multitude of benefits. With a steadily developing economy and developed infrastructure, Thailand provides a favorable environment for investment. The country's affordable prices make it an ideal destination for individuals looking to purchase investment property or land plots. Thailand offers a large selection of housing units, ranging from...
When it comes to purchasing commercial property, Thailand offers numerous benefits for investors. One of the main advantages is the country's developed infrastructure, which includes well-maintained transport links, modern medical institutions, and renowned international schools. This makes Thailand an attractive investment destination, ensuring that businesses and tenants have easy access to essential...
Thailand's real estate market is experiencing a number of significant trends and shifts, as highlighted in CBRE's 2023 Thailand Real Estate Market Outlook webinar and report. In the residential sector, there is a growing demand for attractive and conveniently located properties, particularly in major cities such as Bangkok and Pattaya. Buyers are seeking properties with stunning views, tropical gardens,...
When it comes to real estate in Thailand, there is a wide range of property types available to suit various needs and preferences. Buyers and investors can choose from condominiums, apartments, single houses, townhouses, and commercial buildings. development, Thailand's real estate market has an array of options. In this article, we'll explore the various types of real estate in Thailand, the typical...
From bustling cities to tranquil beaches, Thailand is a country that offers something for everyone. For those looking to invest in real estate, this Southeast Asian nation has a thriving market with ample opportunities. Whether you're looking to buy or rent a luxury condo, a holiday home close to the beach, or land for development, Thailand's real estate market has an array of options. In this article,...
Foreigners are not allowed to own land in Thailand, but they are allowed to own buildings. Therefore, one option for a foreigner to buy a property in Thailand is to set up a Thai company and use it to purchase the property. A foreigner who takes part of the company should not own more than 49 percent of the shares of the company. Thai shareholders should have a majority of the shares. Here are the...
In Thailand, property tax is primarily in the form of land and building tax. The tax is imposed on the ownership, possession or right to use land and buildings. The tax is collected by the local government and the revenue is used to fund local development projects. There are 2 different types of tax levied on property in Thailand that you need to be aware of: Land tax is an annual tax levied on...
In Thailand, there are two types of land ownership: leasehold and freehold. Leasehold ownership is when a person or entity (usually a company) leases the land from the government or a landowner for a specified period of time, usually 30 years but leasehold can be renewed or extended 30 years + 30 years (totaling 90 years), but it requires the consent of the landowner and is subject to renegotiation of...
Yes, foreigners are allowed to own condominium units in Thailand as long as the foreign ownership in the building does not exceed 49% of the total units. In addition, foreigners can own land and villa in Thailand through a leasehold agreement, which allows them to lease the land period of 30 years. This setup also welcomes the possibility of maintaining a contractual agreement for two...
Bangkok Bangkok is one of the world’s top tourist destinations. Bangkok attracts millions of tourists every year and as a result, there is a high demand for condos including new developments, rentals, and resale property market in the city. In recent years, we have seen a massive increase in property prices in Bangkok due to the consistent development and economic growth in Bangkok. So why...