Posted on June 14, 2017
Understanding Property Investment in Thailand
The Island is compact and serine and you can get whatever it is that you want from your time spent there. From the bustling nightlife and Shopping in Chaweng and Lamai to hiding from everything at a fasting retreat on a peaceful getaway. There is a perfect balance between island living and modern day needs, we all dream of living on that tropical island but inside we are still happy to see the big supermarket that can supply our comforts from home, or at least about 60% of them.
Real estate in Thailand has been in the press a lot lately, concerning and confusing willing buyers and investors alike. The truth is it is still really simple to purchase property there, through a 30 year rolling lease that totals 90 years. In some cases condominiums can be bought as a freehold, if the developer has a certain license.
With Thailand being such a beautiful country, attracting visitors from all over the world and much of the property being purchased off plan at huge discounts it is easy to see how this market will continue to grow. It is also easy to see how people who have invested in Thailand property will see generous returns on their initial outlay. With many of the real estate developers offering project management services upon completion your property could even make its money back from holiday rental income generated while you are not staying in it.
Anyone who has visited Koh Samui over the past few years will have seen a vast change in the real estate market, the prime investment spots are being snapped up while it is still at its great prices. People are now kicking themselves for not buying into the Thai real estate market a few years ago, but they will be kicking themselves again in a few years for not buying today. For more information on investing in Koh Samui property and Thailand real estate in general please visit the following site: http://www.propertiesinthailand.net/
Please note: Laws and regulations do change and can vary, so please make sure you check with a qualified lawyer. The above information is only to offer an insight into the property world and not as an accurate guide. We are not legal experts and nor profess to be so. Always clarify everything with a lawyer and get an up to date perspective on your situation and any laws regulating what you wish to do in Thailand. The above article was written at a specific time and maybe regulations, taxes and laws have changed since this was created. We waiver any liability, legally or otherwise in its detailed accuracy and can not be held accountable in any way.