Thailand for Sale; Real Estate and Houses

Thai Land belongs to the Thais

This is very true, to a degree. Apart from Thai Condos which does not involve Thai land. Foreign ownership of any Thai land, property, real estate or even just a house is still limited to 49%. The other 51% must be owned by a Thai national, company etc. The reasons behind this are not for homogeneous reasons which have often been implied in the past, but due to the following:

1. Land ownership to foreigners in Thailand will push land sale prices up to unaffordable levels.

2. Thai nationals will no longer be in control of Thai land.

3. Land ownership to foreigners will adversely affect the economy.

4. Thailand’s middle classes will no longer control the working classes.

To mention just a few. But when it comes to the sale of housing and real estate, staying long term is still an attractive prospect. Expatriate business communities and Thai nationals have moved to the city during the high economic growth, which unfortunately or fortunately-whichever way you like to look at it -has raised real estate prices. This and the problem of foreign ownership, not to mention the bureaucracy involved when purchasing housing or real estate, has raised a fare few hurdles for the prospective investor. Apart from sales, renting or buying is another question asked by the long term resident. A recent survey has suggested that most people would love to buy a stake in wonderful Thailand. But have found it not only difficult but downright complicated. There is however, a light at the end of the tunnel. Companies based in Bangkok, authorised property consultants such as Forbest can advise you and tell you exactly where the wind lies. They will help find the most suitable property, and with the aid of their lawyers guide you through the rest of the transaction avoiding all the pitfalls that are likely to occur.

The Idyllic Waterways of Little Venice

Moving away from the obstacles presented when buying real estate or houses in Bangkok. There are some very lucrative investment deals on offer. These range from exclusive high-end real estate like the “sky-rise” condos that boast gorgeous views of the city to the modest houses set amongst idyllic gardens of lush green. Whatever your interest might be, the professionals are there to guide.

Venice of the East is another or Bangkok’s nicknames, so called because of its elaborate network of canals known as khlongs which is still used by the river taxis and is one of the nicest ways to get around the city. This is definitely one of the many charms held by city. The fifty districts of city are also connected via a great rapid transit system of skytrains and subways- not forgetting buses and taxis which are cheap enough to allow for easily affordable commuting.

In regards to other conveniences, state schools and international schools can be found in most locations. Other amenities include shopping malls and good restaurants. A perfect setting for those who wish to settle here.  Whether you look into purchasing your house or real estate along the idyllic waterways or close to the CBD areas, Forbest properties will be there to offer you all the advice you need.