The property, sold to foreigners in Thailand

Features of the real estate sold to foreigners in Thailand.

The prices of any property in Phuket vary greatly depending on many factors.

Follows:

• The area of the island (Patong, Kamala, Nai Harn, etc.)
• Distance to the sea
• The availability of free or inexpensive transportation to the beach
• The view from the window ( sea, lake, mountains, garden, Golf course, swimming pool)
• Pool
• Square
• The level of interior finish
• Furniture
• The presence/absence of the management company, which manages real estate during the absence of the owners
• Clonenode/failure to include the object part of a gated community (condominium or cottage settlement) with its own infrastructure
• Other

Phuket real estate, sold to foreigners, as a rule, meets the following requirements:

• The first is the location of the object in an enclosed area.

So on a particular parcel of land can accommodate multiple condominiums or a few dozen villas. The closed area allows the management company to develop a unified and necessary infrastructure and provide services for content objects. Among these services: cleaning, security, lighting, Parking, garden care, control of insects, fitness centre, bar, garbage disposal, cleaning of adjoining land, etc.

They are paid separately from the standard utility bills. The charge is calculated based on the total size of the plot is proportional to the size of the individual apartments/villas. The rate ranges from 20 to 80 baht per month. The payment is the same gathering once a year.

• Second – the presence of the company in the property management and leasing. This is especially true for those foreign nationals who plan to spend in Thailand a few months per year, and the rest of the time to give their property for rent. Not everyone can find tenants and execute the necessary documentation in place, that is why the services of such intermediaries is very popular.

Feature of work of management companies, is to set a predetermined amount of income from the use of the property. This means that the company is obligated to pay the owner a predetermined certain amount regardless of income. As a rule, in this case approved some limitations – for example, housing should be furnished, and the owner must live in it for more than 1 month per year. However, for those who do not like that option, an option to receive the share of profits from renting their homes. Usually it is 60-80% of the amount of the lease.

And the third factor is the attractive location of the property. Typically, foreigners buy housing in one of the following areas:

• On the seafront
• On walking distance to the beach
• On a mountain slope condition for easy passage to the beach
• In the villages near the coast
• Inside the Islands on the lake
• Near the Marina overlooking the Bay and the possibility of mooring yachts.

Prices of property in Phuket vary greatly, but in any case, it brings profit to its owner.