property
- Ask an Agent
What are transfer fees in Thailand property purchase and who pays them?
Like any property market, purchasing property in Thailand will incur additional expenses and fees. Before buying a property, you might come across transfer fees, business tax, and stamp duty during your research, but what are they? And who’s responsible for paying them? Here’s what you need to know. Transfer Fee The Thailand Land Department charges 2% over the appraised value…
- Business News
Economic data in China sees Asian stocks surge, Thai shares dip
Asian stocks experienced a significant surge yesterday, a continuation of the global equity rally, following encouraging Chinese economic data that sparked optimism about the imminent culmination of major central banks’ tightening initiatives. Despite the overall momentum, Thai stocks saw a slight dip of 0.3% from the prior week, closing at 1,542.03 on Friday, with an average daily turnover of 46.97…
- Ask an Agent
Your go-to guide to property taxes in Thailand
Buying property in Thailand is an exciting venture, whether for investment or because the beauty of this tropical country has captivated your heart. But how familiar are you with the property taxes in Thailand? The country’s tax system can seem quite complex for foreigners thinking of buying or selling property. However, it’s important that you understand it to ensure a…
- China News
Chinese developer Country Garden secures bond repayment delay amid liquidity crisis
Chinese developer, Country Garden, has successfully secured creditor approval to postpone a critical bond repayment deadline, narrowly dodging a potential default. This agreement provides temporary relief amidst a liquidity crisis that has significantly impacted the nation’s financial markets. Country Garden gained enough support in a vote concluded yesterday to extend payments on the 3.9 billion yuan (18 billion baht) outstanding…
- Events
Dot Property Thailand Awards 2023 recognizes the developers, projects and agencies supporting the Kingdom’s real estate market recovery
The Dot Property Thailand Awards recognized a record 44 winners from across the Kingdom with leading developers AssetWise, Central Pattana Residence and Property Perfect among those to be honored. Celebrations took place at the Park Hyatt Bangkok on August 24 as real estate industry leaders came together to commend the best of the best for another year. The Thailand real…
- Business News
Construction permit withdrawal sparks caution in Thai property lending
The property developer community has been unsettled by the recent Ashton Asoke saga, wherein the construction permit was withdrawn, prompting lenders to proceed with caution when issuing debt instruments and loans to developers. AP Thailand’s chief executive, Anuphong Assavabhokhin, explained that it’s becoming increasingly challenging to secure loans as financial institutions grow wary of extending credit to real estate companies…
- Property
Condos for sale under US$100,000 in Bangkok
Bangkok, the charming capital of Thailand, is a magnet for adventurers, cultural enthusiasts, foodies, and increasingly, property investors. Ever wondered if you could join this crowd, without forking out a fortune? Here’s some good news for you – finding a condo for sale under US$100,000 in the bustling city of Bangkok is not only possible but surprisingly easier than you…
- Crime News
Property scam: Elderly woman loses 70,000 baht and gold ring to fraudsters
Devastated by a fraudulent scheme, a 74 year old woman endured the loss of 70,000 baht from her bank savings, as well as her gold ring. She was tricked by a group of four unscrupulous individuals who convinced her of a lucrative land sale. Engaging residents and even monks, they’ve managed to trick multiple victims. This property scam incident came…
- Destination Guide
Silom Bangkok: Thailand neighbourhood guide 2023
Silom is an omnipresent reminder of the commercial heart thriving within Bangkok, a neighbourhood bustling with life, character, and charm. Complete with impressive skyscrapers, a robust nightlife, and not to forget, the benefit of devouring aromatic street food that pulls you in without a moment’s delay. It’s not just Silom’s character that sets it apart. Its impressive location, along with…
- Destination Guide
What you need to know before residing in Hua Hin 2023
If you’ve heard whispers of Hua Hin, you’d be picturing pristine beach getaways enveloped in an aura of tranquillity. Unlike the bustling hubs of Pattaya and Phuket, Hua Hin retains a serene, unspoiled charm that’s truly captivating. This enchanting coastal city resides approximately 200 kilometres south of Bangkok, and not surprisingly, it’s a favoured retreat for locals and foreign visitors…
- Property
Condos you can get for under US$100,000 in Chiang Mai
Perhaps you’ve been daydreaming of a luxurious space to call your own, somewhere balmy, somewhere serene, somewhere culturally rich, but worry the price tag might resemble an international phone number rather than a sliver of your hard-earned savings. Good news! Chiang Mai, Thailand, is plausibly your “somewhere”. You’ll be stunned to find you can secure a slice of this paradisiacal…
- Hot Property
Luxury meets industrial chic in this one-of-a-kind chocolate factory loft
The scent of rich, decadent chocolate may have faded, but the sweetness lingers in the air at the site of Bangkok’s most extraordinary loft apartment. This unique, third-floor loft was once a bustling chocolate factory. But now, thanks to the impeccable vision of Regroup Architecture, it has been transformed into a luxurious 3+ bedroom and 4 bathroom residence. Nestled in…
- Business News
Foreign buyers fuel 200% surge in Thai luxury property sales
A surge in foreign interest in luxury property in Thailand has been observed since international tourists began returning in the latter half of 2022, according to property consultancy CBRE. Sales transactions through CBRE have risen by over 200%, indicating a clear trend. In response, developers are preparing to launch new luxury and super-luxury residential projects in 2023, with a focus…
- Property
Best Koh Samui sea view villas to lust over
Fancy waking up to the bewitching sea views and enchanting vistas of Koh Samui’s lush landscape? Imagine having your brekkie with the refreshing sea breeze and ending the day cuddled up, basking in the amber glow of twilight. Oh, absolutely delightful! Well, it’s time to make your dreams come true as we’ve hand-picked the best Koh Samui sea view villas!…
- Property
5 best condos in Ari offering comfort and convenience
Ari, a trendy neighbourhood situated in the north of Bangkok, is a hidden gem for those who seek a blend of modernity, convenience, and a laid-back lifestyle. With its plethora of chic cafes, charming eateries, and lush, green surroundings, it’s no wonder this area has become an appealing location for home seekers. But with so many condos options available in…
- Property News
FazWaz, leading real estate company in Thailand, announces Agent Recruitment Event
FazWaz, one of Thailand’s leading real estate companies, is looking to expand its team of experienced property agents to continue providing exceptional services and meet the growing demand for real estate in the country. The company will be hosting a recruitment event on Friday, May 5, 2023, at the Four Points by Sheraton at Patong Beach, in two separate sessions,…
- What you get for $X
What 10 million dollars buys you for a property in Phuket, Bangkok, Koh Samui, Pattaya and Hua Hin
Are you curious to know what kind of luxury you can expect from a 10 million dollar property in Thailand’s most desirable locations? Our team has conducted extensive research on the property markets in Phuket, Bangkok, Koh Samui, Pattaya, and Hua Hin to bring you a comprehensive guide to the most exclusive and breathtaking homes available. We’re talking beachfront villas…
- Special Features
Fly high with these amazing condos near Bangkok’s Airport Rail Link
Living near the airport might not seem like the most glamorous idea, but it could be the key to unlocking ultimate travel convenience. If you’re a frequent flier, the thought of a short journey to the airport and avoiding Bangkok’s notorious traffic is probably music to your ears. And with the Airport Link offering a quick and affordable connection between…
- Property
Unexpected challenges of owning a vacation home in Thailand
Considering buying a vacation home in Thailand? If so, you are in for an exciting journey! The land of smiles has long been a popular destination for tourists who want their own slice of paradise. But before you sign on the dotted line, it’s important to understand the challenges that come with owning property in another country. In this article,…
- Ask an Agent
How to find the right real estate investment opportunity in Thailand
Are you looking for the perfect real estate investment opportunity in Thailand? If so, there are several important steps that you need to take in order to ensure you find the perfect opportunity. Researching the market, identifying your investment goals, networking with local professionals, utilizing online resources, and visiting potential properties are all essential steps that can help you identify…
- Thailand News
Thailand pulls the plug on foreign land ownership regulation
The Thai government has already pulled the plug on the draft ministerial regulation that would open up new foreign land ownership options in Thailand. The regulation proposed allowing foreigners who hold a 10-year Long Term Resident visa to buy a property and/or land of up to one rai in Thailand, given they invest a minimum of 40 million baht into Thailand…
- Thailand News
New foreign land ownership law in Thailand can be scrapped if Thais don’t agree
If Thai people aren’t happy with the newly proposed foreign land ownership law in Thailand, the whole plan can be scrapped, said Minister of Interior General Anupong Paochinda in Parliament yesterday. “We can improve the regulation, such as by increasing the investment to 100 million baht. The plan can be scrapped if people have serious concerns. We won’t see it as…
- Thailand News
Top 10 nationalities buying condos in Thailand
Thailand’s Real Estate Information Centre (REIC) revealed the top 10 nationalities buying condos in Thailand in the first six months of 2022, with Chinese and Russian investors leading the way. In Thailand, foreigners are permitted to own 49% of the units in any condominium building. The remaining 51% must have Thai ownership. The Inspector-General of the Government Housing Bank and…
- Thailand News
Thailand is not ‘selling off’ the country by letting foreigners buy land, says govt
The Thai government is defending its plan to allow foreign investors to buy up to one rai of land after an opposition party claimed that they are “selling off” the country. Foreign land ownership in Thailand comes with strict conditions and the plan will benefit the country’s economy, a government spokesperson said yesterday. The Cabinet recently voted to allow four…
- Property News
Cabinet agrees to let foreigners buy land and houses in Thailand
A major decision was made today by Thailand’s Cabinet which will allow foreigners to buy houses and land in Thailand. The foreigner will be eligible to buy houses and land if they invest at least 40 million baht in Thailand and can maintain the investment over three years, according to Bangkok Biz News. The land purchased cannot be bigger than…
- Property News
Phuket real estate shifts tide in wake of urban flight
Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place in the sun, highlighted by…
- Hot Property
Wallaya Villas is back with its new pool villas in Phuket
The first established real estate developer in Phuket’s Kamala neighbourhood is Wallaya Villas. They have more than 17 years of experience in the local real estate industry. They have worked on a variety of projects, including The Nest and The Harmony Phase II, as well as in hotels, commercials, and residential properties. As a result, Wallaya Villas is one of…
- Sponsored
Ascott Thonglor Bangkok – a luxury serviced apartment, and upscale hotel in the heart of Bangkok
Sponsored The Ascott Limited (Ascott) just expanded its portfolio of luxury property with the opening of Ascott Thonglor Bangkok, a luxury hotel, and serviced apartment, on 15 July 2022. Located right in the heart of Bangkok’s trendiest Thonglor neighbourhood at the intersection of Sukhumvit Soi 59 and Sukhumvit Road, the property is surrounded by upscale amenities. From a great selection…
- Property
Everything your property insurance covers
SPONSORED For many people, their house is the most valuable thing they own. It’s a precious asset that took years of hard work and savings to achieve. That’s why it only makes sense to protect it with Thailand property insurance. Of course, no one wants anything bad to happen to their property, but the future is uncertain, and unwanted things…
- Special Features
10 affordable 1 bedroom condos in Central Bangkok
A one-bedroom condo in Bangkok is ideal for young professionals and couples looking for a budget-friendly place to live that is slightly larger than the average studio. It gives you a bit more space to spread your wings. With more room, you can separate your sleeping space from the rest of the condo. However, finding an affordable but decent condo…
- Ask an Agent
If your real estate agent does these things – Run!
The last thing you need when selling or buying a house is a lousy property agent guiding you through it. Let’s be real – some real estate agents are just plain bad at their job. You’ve likely heard the horror stories about properties sitting on the market for years and buyers ending up purchasing a home they hate because of…
- 3D Virtual Tours & Walkthroughs
Virtual tours of 1 bedroom condos in Pattaya under $100,000
Pattaya offers an appealing lifestyle with its beaches, world-class restaurants, and a great selection of entertainment venues, from luxury shopping malls to lively nightclubs. In addition, the cost of living is lower than in Bangkok or more popular beach destinations like Phuket. You can definitely find a suitable 1-bedroom condo for under 100K USD offering upscale facilities and breathtaking views…
- Ask an Agent
4 tips about buying a condo in Thailand
Buying property in Thailand requires some good advice and a bit of reading-up before plunging yourself into the hundreds of opportunities, around the country. Condos, which a foreigner can own the freehold, have the potential to yield a good profit for your investment. Most condos have relatively low maintenance costs and the ability to use the property for residential or…
- Special Features
Tropical style houses in Thailand for nature lovers (2022)
Whether it is nestled in lush greenery, perched on a cliff, or sitting in the middle of a busy city, tropical-style houses are often the envy of many. Not only are they designed to be more responsive to the hot and humid climate of the tropics, but they’re also very stunning. With a combination of natural materials and a clean…
- Visa Information
Cabinet to debate foreign land ownership in Thailand
A foreign land ownership act that would allow foreigners to buy houses and up to 1 rai of land in Thailand has been drafted and will soon be debated by the Cabinet, according to Deputy Minister of Interior Niphon Boonyamanee. If the bill makes it through further readings, it could stimulate Thailand’s real estate economy, said Niphon. According to Thailand’s…
- What you get for $X
Sea view condos in Phuket you can rent for $1500 and less
Phuket is all about fun in the sun, and what better way to take advantage of the island’s beauty than to wake up to striking sea views every morning? From Bangtao to Patong to Rawai, there’s no shortage of luxury sea view condos in Phuket that you can rent for 1500 USD or even less. These condos won’t only give…
- Property News
Thais prefer to live close to hospitals, not public transportation
Thai consumers now prioritise healthcare facilities and want to avoid busy and crowded locations. The outbreak of Covid 19 has altered real estate demand away from easy access to public transportation and toward hospitals and better healthcare. A survey was conducted by DDproperty during the first half of 2022, where they asked 1,000 locals aged between 22 and 69 about…
