Pros and cons of real estate in Thailand
Melikova Anna asks:
Good afternoon! What pros and cons do I need to consider when investing a small amount in real estate in Thailand?
Expert answers (1)
(50Lemons Co. Ltd.)
Hello, Anna!
Before proceeding with the purchase of real estate in Thailand, it is important to consider several key factors:
The purpose of the investment: Determine for what purposes you need real estate. Do you plan to use it for your own living or as an investment?
Ownership: Consider the type of ownership. Leasehold allows you to pay the entire amount in cash in baht, providing convenience and privacy. In the case of Freehold, you will need to show that the money came from abroad.
The moment of entry: If you are considering Offplan, it is important to choose the right moment to enter.
Infrastructure: Infrastructure, such as schools and kindergartens, plays a big role for tenants when choosing a property for long-term rental.
Installment plan: Consider getting an installment plan. The later the construction starts, the easier it is usually to get favorable terms for installments.
This is just a superficial introduction to the complex process of choosing a property. It is recommended to contact a professional real estate agent for more information and advice. It is important to have a clear plan and cooperate with experienced specialists to avoid unpleasant surprises.
Before proceeding with the purchase of real estate in Thailand, it is important to consider several key factors:
The purpose of the investment: Determine for what purposes you need real estate. Do you plan to use it for your own living or as an investment?
Ownership: Consider the type of ownership. Leasehold allows you to pay the entire amount in cash in baht, providing convenience and privacy. In the case of Freehold, you will need to show that the money came from abroad.
The moment of entry: If you are considering Offplan, it is important to choose the right moment to enter.
Infrastructure: Infrastructure, such as schools and kindergartens, plays a big role for tenants when choosing a property for long-term rental.
Installment plan: Consider getting an installment plan. The later the construction starts, the easier it is usually to get favorable terms for installments.
This is just a superficial introduction to the complex process of choosing a property. It is recommended to contact a professional real estate agent for more information and advice. It is important to have a clear plan and cooperate with experienced specialists to avoid unpleasant surprises.
20.09.2023
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