Seeking Thai Real estates

[hawk66]

Thai property can be leased, free held, or purchased through incorporation. All these processes are too involved to fully explain here but the above site will have all the info you should require to make an informed decision. I've bought there and it is my belief that Thai property is a good investment.

The exodus by Farangs, in my humble opinion, is by and large an exodus from the walking streets of Thailand and into the more rural private true areas of Thailand. We still enjoy Thailand, live here, and love it. There are just too many people in our once favorite haunts now-a-days.

[vesnad9]

Hawk - I am wondering if you know of any good real estate companies in souther Thailand. I am planning on moving to Thailand next year. Is it difficult to purchase property in Thailand?

[hawk66]

Originally Posted by vesnad9

Hawk - I am wondering if you know of any good real estate companies in souther Thailand. I am planning on moving to Thailand next year. Is it difficult to purchase property in Thailand?

vesnad9 I am not to familiar with Southern Thailand realty companies. When in Thailand I keep to the North. The Isaan-Realty website is a site that my partner and I have put together in order to sell homes in a development we have started in Ban Phai, Thailand near Khon Kaen. The site contains many links to other Thai realty sites, as well as, legal advice(John is a barrister).

I am unable to write out the web address as this site will not let me enter web addresses. Just Google isaan-realty (include the dash - between isaan and realty) and it will direct you to the site. If you use the contact on our isaan-realty site the email will come directly to my box.

[hawk66]

Originally Posted by vesnad9

Hawk - I am wondering if you know of any good real estate companies in souther Thailand. I am planning on moving to Thailand next year. Is it difficult to purchase property in Thailand?

vesnad9 I am not to familiar with Southern Thailand realty companies. When in Thailand I keep to the North. The Isaan-Realty website is a site that my partner and I have put together in order to sell homes in a development we have started in Ban Phai, Thailand near Khon Kaen. The site contains many links to other Thai realty sites, as well as, legal advice(John is a barrister).

I am unable to write out the web address as this site will not let me enter web addresses. Just Google isaan-realty (include the dash - between isaan and realty) and it will direct you to the villa non sila site. If you use the contact on our isaan-realty site the email will come directly to my box.

I use an American Realtor here in the states to sell the Ban Phai properties. Just be careful who you deal with and make sure they know what they are doing and explain everything to you in detail. I can ask my realtor if she knows any Southern Thai realtors and get back to you if you'd like? In the mean time feel free to visit our site and look over the legal section to familiarize yourself with the ins ad out's of Thai real estate.

[vesnad9]

Can't thank you enough Hawk - I will check out your website - I will also be asking you lots more questions!! Is it true that you need to have a Thai partner in your business - Thai 51% YOU 49%? Thanks again - have great day - it is -40C here - another reason to move!!

[hawk66]

There are several ways to "buy" property in Thailand. However, realize that you never actually own the land. It is actually what Westerners cal extended or perpetual leases. The house you buy or build is you's but the property, in most cases, is not. There are ways to incorporate in order to "purchase" but in the end this too is a type of lease in that at some point 30, 60, 90, years down the road it will revert back to the government unless you pass it on. Yes, you can do this. Then the 30, 60, 90 will begin again and so forth and so on. I had an American friend of mine say the other day, " hell, I'd never do that"! I replied, "but you'll apply for a 30 year mortgage then at the 29th year you'll refinance for another 30. What your going to live forever?" So, if you look at it in this regard, owning Thai property, or "long term leasing" is no different from mortgaging. The only real difference is that your actually mortgaging with the Thai government as opposed to the bank. Because in both scenerios neither my American friend nor the Thai property owner really ownes anything. In the Americans case, the bank ownes his home and in the Thai property owners case the Thai government ownes the property.

[hawk66]

No problem Vesnad9 hope I helped. Like I said earlier it is my belief that Thai property is a good long term investment. In years to come it will be impossible to buy reasonably. Because unfortunately, Thailand has been discovered.

[vesnad9]

okay - I understand that - it is like "owning" a property in one of our national parks - you lease the land for 99yrs but you own your home. Honestly tell me, is the situation stable enough there to be confident that you will be able to be there for the next 20 or 30 years? How long have you been there? Are you happy? - meet many Canadians????

[vesnad9]

Well, I guess you answered my questions before I asked them!! So now is probably the time to do the buying!! - I know prices have gone up, but do it now before they sky rocket!!

[vesnad9]

Oh yes - I am planning on not financing the property - that isn't a problem there is it??