February 4 2012
Categories: Leasehold Ownership, Thailand Property
Many foreign buyers are considering leasing land and houses for non commercial purpose because Thai laws prohibit foreign investors to purchase land. Now while it has become fashionable to purchase 90 years lease agreements (30+30+30) the fact is that this kind of scheme raise many legal issues. In this post we will remind buyers of some basic facts in relation to Thai long term leasehold.
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January 26 2012
Categories: Leasehold Ownership, Thailand FAQ, Thailand Property
Is it worth purchasing a property in leasehold second hand?
Someone today’s asked whether it is worth purchasing second hand a property in leasehold?
Here again all depend what kind of property your purchase.
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Originally posted 2009-08-13 17:03:44.
January 23 2012
Categories: Leasehold Ownership, Thailand Property
In several of my previous posts I have commented on the too short lease period duration in Thailand by comparison to other Asian countries but I had to date to provide to my readers any basis for comparison which I have done now with a table comparing the lease duration period in 13 Asian countries including Thailand.
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Originally posted 2009-10-02 03:14:08.
January 16 2012
Categories: Condominium Ownership, Land Ownership, Leasehold Ownership, Property General Issues, Thailand Business, Thailand Property
Dear Reader
I just want to let you now that my book “How To Safely Buy Real Estate In Thailand” is now available on iPhone, iPad, or iPod touch with iBooks.
Description
Buyers of offshore real estate property can be divided into two categories: The fortunate buyers who actually receive the property they paid for and the unfortunate ones who end up losing their money in offshore real estate fiascos or end up with a lemon of a property. Although the fortunate buyers outnumber the unfortunate, ventures in purchasing real estate offshore still end up badly for too many people. Did you know that the difference between fortunate and unfortunate buyers is sheer luck, not more business savvy on one side than the other? Fortunate buyers are lucky enough to buy from one of the reliable developers doing business overseas. Do not let luck dictate offshore real estate purchases. Learn all about the critical issues and the many pitfalls awaiting the unwary buyer.The book is divided in two sections. In the first section Rene Philippe discusses the general issues to be addressed by a buyer who purchases real estate outside his home country. In the second part he explains how those issues are dealt with in Thailand. Because the author deals in the first part with general issues this book is a worthwhile read not only for foreigners who want to buy real estate in Thailand but also for foreigners or Thais purchasing real estate overseas.Rene Philippe approaches the subject in a manner clear, easy to understand and conductive to reflection and questioning. His objective is not only to impart knowledge and experience but also to raise buyers’ awareness of the potential dangers that are awaiting them and how to avoid them.
About the Author:
The author Rene-Philippe DUBOUT is a lawyer since 1990 when he was admitted to Geneva bar (Switzerland). He practiced as a litigator there for 10 years until he moved to Thailand in 1999. In 2002 he founded with a group of Thai lawyers Rene Philippe & Partners Ltd a local law firm that specialized in Cross Borders Investments and Real Estate. He has been lecturing in several Thai Universities and a speaker to numerous conferences and seminars. He is the author of a must read book:”How to Purchase Real Estate Offshore Safely: The Case of Thailand”.
http//:www.renephilippe.com
© Copyrights 2009 – Rene Philippe Dubout – This article may be reprinted if information about the author, the websites, and the URLs remain intact
Originally posted 2011-01-20 09:41:15.
January 7 2012
Categories: Leasehold Ownership, Thailand Property
Thailand and Retirees a match made in heaven?
One of the first paradoxes of the offshore real estate market is this: Most buyers are retirees or people preparing for retirement, and Thailand has become over the years one of their preferred destinations because of course of its exotic beauty, unique culture, friendly people but also because of its modern infrastructures, the high quality of health services and of course the reasonable costs of living.
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Originally posted 2009-07-27 09:45:37.
