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Property in Thailand enjoys a steadily growing demand. Often the purchaser uses it as a place of recreation and as a source of income.

The mechanism is simple – letting. Villas for rent in Thailand is as common as rental apartments condominiums. And whether there are distinctive features in the acquisition of these two types of property? Is.

Consider the features of the acquisition of real estate of different types in Thailand.

Buying land

To acquire land in Thailand in two ways:

  • Long-term land lease with the right to lifetime use of all that on this earth is. As a rule, the contract is concluded for a period of 30 years with the right double extension(+30 and +30) – that is, a total of 90 years. For business projects, the lease term is 150 years.
  • Land acquisition for the company. In this case, the land acquired to the legal entity, which is its owner. A legal entity must be registered in Thailand and at least 51 % of its shares must belong to the indigenous people of this country.

Villas for sale

Sale by a foreign national in Thailand is possible. However, in this case, his property becomes only the building itself and the land remains the property of the state or a private person-Thai. You can purchase the land or lease or, to the company, but to become the sole owner of the foreigner will not work.

Purchasing A Condominium

The condo is well-maintained apartment building. As a rule, apartments in condominiums furnished and equipped with all necessary appliances. In this territory contains a swimming pool. Bar, recreation area, Parking and garden. The purchaser of real estate in apartmentse gets the right to use everything that is on the adjacent plot of land. There is only one thing. A foreign national can buy a condo only if it is not less than 51% inhabited by native people of Thailand, of Thai citizens. Therefore, to buy an apartment in the initial stages of construction can be extremely difficult-because none of the developers can not say in advance what is the percentage of foreigners and residents will become the owner of the property in the condominium.

Thus, the purchase of virtually any residential property in Thailand is accompanied by a number of limitations. However, this complexity can be just as renting a Villa in Thailand, as well as apartments has no limits. Experienced realtors can offer a tried and tested scheme "bypass" these restrictions, which have been operating for several decades.