Property and Real Estate Disputes in Thailand. Thailand’s property market is one of the most dynamic in Southeast Asia, attracting foreign investors, expatriates, and businesses. However, real estate disputes are common due to ownership complexities, contractual disagreements, land encroachments, and fraud. Resolving these disputes requires a clear understanding of Thai property laws, dispute resolution mechanisms,
Property Mortgages in Thailand. Thailand’s real estate market has long been an attractive destination for both local and foreign investors, offering a diverse range of properties, from luxury condominiums in Bangkok to beachfront villas in Phuket. For many buyers, securing a mortgage is a crucial step in acquiring property. However, the process of obtaining a
Buying property in Thailand is a popular choice among foreigners who wish to have a second home or invest in real estate. Here are some important content areas to consider when buying property in Thailand: Property Types: Thailand offers a variety of property types, including condominiums, villas, townhouses, and land plots. Each property type has
Property Title Transfer in Thailand is the process by which ownership of a property, such as a house or condominium, is transferred from one person to another. The transfer of ownership is an important part of any real estate transaction, and it is important to understand how the process works in order to make sure
Purchasing property in Thailand is a complex and stressful process. It is important to do your due diligence before you sign a contract, especially if you are a foreign buyer. This will strengthen your position and reduce liability on both sides of the transaction, ensuring that you are getting a fair deal. A Sales Contract
Buying a property in Thailand can be an exciting experience, but it is also important to do your due diligence before you make any purchases. This process can help you avoid getting scammed or losing money on a property. It can also save you from costly lawsuits and prevent you from falling victim to fraudulent
Foreigners are not normally allowed to own a house in Thailand (under the Land Code BE 2497 (1954), the Civil and Commercial Code, Land Reform for Agriculture Act BE 2518 (1975)) without loads of red tape and large investments in Thailand. What most foreigners in Pattaya do is to simple buy a house in the name of their wife. This is a bit of a tricky situation as in a divorce the house normally becomes a big issue.
In Thailand, even if it is a person who is actively seeking for the prosecution of an accused, it is actually the state who would be the primary complainant of the case. With this, the injured party would only act as a witness rather than the one suing the offending party. This is so because Thailand considers criminal acts as crimes against the state and as offensive to the peace and order of the Kingdom.
For now, the quiet seaside town of Rayong is probably known as much, perhaps not always fairly, for pollution as it is for property. However, its flourishing real estate market is starting to grab investors’ attention.Over the last three years, returns have certainly been impressive. In older buildings, prices for some condo units originally acquired in non-performing asset sales have already doubled.
Investing in Property in Thailand you always need to know what the taxes on the property is. Speak to our property lawyer in Pattaya about the tax rates on property and also transfer taxes. Speak to us today in Pattaya or online if you have any questions!