Yes of cause foreigners can buy In Thailand, a foreigner can own a condominium in his/her own name. If the foreigner wishes to acquire land and build a house, he/she should obtain a long term lease on the land (for a period not exceeding 30 years each term).
We have 3 step advice for Investor and Buyer
1. Check with Juristic management form the building.
Normally each building will have a rule not more than 49% that foreigner can buy property
The 1979 ‘Thai Condominium Act’ allows foreigners to own the freehold of up to 49% of the total unit space.
For example, if there are 100 equally sized condominiums in a project, 49 would be available for foreigners to own, with their personal name on the title deed/’ Condominium Chanote (i.e. OrChor 2).’
– Whilst the remaining 51% of other units would be available only for Thai nationals to purchase.
2. Statement
There have many price rage in Bangkok but if you wish to loan money form Thai bank . If you employee of the company require work permit and the salary at lease 120,000
All sound messy ?
3. Contact us to help.
Why does Thailand impose these foreign property ownership regulations?
Thailand’s is the tourist destination and the capital Bangkok, is relatively affordable and a potential influx of overseas investors could have an unintended inflationary effect on property prices.
Let we help you to get your dream house in Bangkok
If you wish to have a property by your own in Thailand we can help your process much more easy. If you’re investor we can find the tenant If for you once you away. If you a buyer we can find the good deal with perfect location for you.
Please feel free to reach us anytime
Email : superdealroom@gmail.com
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