Informations générales sur Phuket, Thaïlande
Acquiring real estate in Phuket is a relatively straightforward process, even for first-time buyers. However, to ensure a smooth property transfer, it is essential to understand the necessary documents and the procedures involved. This article outlines the steps and documentation required for the property transfer at the Phuket Land Department. The journey of purchasing a property in Phuket …
In Phuket real estate and in Thailand in general, it is common to invest in off-plan new rental property programs that are not yet completed (similar to Sale before Completion – VEFA in France). However, this means waiting for the delivery, sometimes 1 or 2 years before receiving the first rents. To address this issue, several developers offer “cashback”: if the buyer chooses to pay 100% for the property upon signing the…
Foreigners are not allowed to directly own the land on which a house is built. However, they can purchase a house or villa along with the surrounding land through a Thai company, which is called Thai company freehold. In this scenario, the Thai company owns the property as an asset. Although foreigners cannot own more than 49% of a Thai company, lawyers usually set up a company where the remaining…
Though, as it is all over the world, there are various means by which to take Title for your Property. For straight purchase of raw, undeveloped, or agriculturally zoned parcels of land, an individual foreigner can own Leasehold Title, registered for up to 90 years, as is common in other parts of the world, mostly for very valuable locations. On the other hand, the land can be fully Owned on Freehold, Fee Simple, Title by…
Boating / Festivals and events / Sports / Tourism
The 28th Phuket Regatta Sets Sail in 2025
02/10/2024
