Thailand Business & Thailand Property Info Blog
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
You cannot have followed Thai news for the past 3 weeks and not have read about the problem faced by General Surayud (former Thai Prime Minister and Member of the Royal Privy Council) in relation to his Khao Yai land.
Originally posted 2010-01-21 09:35:01.
February 1 2010 Categories: Property General Issues, Thailand Property one comment
In our previous post we explained that in Thailand (i) there are no specific documents providing evidence of building ownership, and (2) that it was possible to dissociate land ownership from building ownership. Therefore the question is how then do we establish who the owner of a building is?
Originally posted 2009-09-22 04:23:34.
February 1 2010 Categories: Condominium Ownership, Property General Issues, Thailand Property No comments yet
It is always difficult for a new buyer freshly arrived on a market to make an informed decision on what and where to buy? I have been around for 12 years, believe that I have a good understanding of the market but still I learn new things every day. Should you trust your agent to recommend you the best product available. You may, of course but you could also try to find out for yourself what the situation is.
Originally posted 2009-08-26 03:47:05.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
When the time come to invest most people tend to consider real estate as the most secure long term investment.
This is true for many reasons, one of which being that while companies may go out of business real estate properties will exist forever. In addition, but for period of bump like the current crisis, the average price of properties will appreciate over the long term steadily.
Originally posted 2009-07-27 05:57:28.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
As previously explained, the Thai Civil and Commercial Code recognizes possessory rights and/or ownership rights and there are several kinds of documents to evidence various levels of rights to land, ranging from documents evidencing mere squatters or occupation rights to full ownership rights.
Originally posted 2009-09-16 04:12:16.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
While surfing the internet I found a post on a Thai forum. I found the questions asked by this person under the username of “Samuisoul” interesting because they address two of the first issues that a careful investor should consider prior to purchase real estate into a foreign country.
Originally posted 2009-07-26 00:44:12.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
Most buyers purchasing real estate in Thailand will do so buy purchasing through the services of an agent.
The first difficulty buyers will encounter is that Thailand does not have for the time being (if there are, they aren’t enforced) a regulation that would obligate professional real estate agents to formally notify the buyer that they’re acting as the seller’s agent.
Originally posted 2009-07-26 03:27:37.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
From experience, we know that most problems occur when buyers purchase property “off plan”. Whether or not the transaction has a favorable outcome will depend solely upon one single factor: Did the buyer purchase from a reliable developer or not? Truth be told, purchasing off plan is no more dangerous when purchasing offshore than in your home country, as long as you are purchasing from a reliable developer who operates in the country where you are purchasing.
Originally posted 2009-08-10 06:01:41.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
In yesterday post we discussed Bangkok condominium market. Now what is Bangkok new homes market situation?
Originally posted 2009-08-27 10:40:41.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
[There was a formating problem in our Sunday post. I reposted it again]. People purchasing real estate in Thailand are often fulfilling the goal of a lifetime. In the pursuit of their life dream they will often toss caution to the wind, lose all common sense and ignore some simple precautions.Truth is that the actual formalities to transfer a real estate property are fairly straight, simple and may be completed in a few hours which leads many buyers to believe that purchasing a property in Thailand will be a simple transaction when it is not always the case. [ this post was published earlier as a page. We updated it and republished it as a post].
Originally posted 2009-10-19 03:05:09.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
Thailand foreign land ownership policy is often criticized by foreign buyers and to make their point the critics often refer to other countries in Asia that allows foreign land ownership. The message being Thailand should change its policy and allows foreigners to own land because otherwise Thailand will be at risk to see buyers going to purchase in Asian countries that have more opens policies in this regard. I think that those critics are unfair to Thailand and I will explain why in this post
Originally posted 2009-10-03 04:33:32.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
In Thailand claims on land may be divided in two categories: The major and the minor claims. In this post we will introduce the highest claims on land that are the Nor Sor Sam or Certificate of Use (NS-3), the Nor Sor Sam Gor or Confirmed Certificate of Use (NS-3K) and the Chanote (NS-4) claims.
Originally posted 2009-09-14 02:59:08.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
This is one of the questions that many careful investors are asking now.
Of course due to what happen in Thailand in 1997 where many banks and developers went bankrupt and where hundreds of buildings where left unfinished a lot of buyers are wondering whether it is the right time to buy a property in Thailand?
Originally posted 2009-07-25 23:54:08.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
You would think that using the service of a reputed international brand of real estate agencies is the guarantee of a safe purchase. Wouldn’t you?
Let me tell you a story that will show you how wrong you would be to think so.
Originally posted 2009-07-26 04:18:42.
February 1 2010 Categories: Property General Issues, Thailand Property No comments yet
In the following section, we’ll review the differences between the three higher claims from the lowest to the highest.
Originally posted 2009-09-15 02:23:39.
January 27 2010 Categories: Condominium Ownership, Property General Issues, Thailand Property No comments yet
I was not satisfied with the content of Friday’s post and I redrafted it
To help you to better understand the difference between a condominium and an apartment building I need first to clarify the definition of the term of “condominium”. For example, most people in Thailand commonly associate the term “condominium” with the concept of an “individual unit” into a “multiple unit building” generally a high rise that may only be sold freehold but condominium ownership is actually far more than this.
Originally posted 2009-09-27 07:36:30.
January 14 2010 Categories: Land Ownership, Property General Issues, Thailand Property No comments yet
There have been a lot of activities on the “nominees” front lately. It is an issue that resurfaces from time to time. Lately there has been the scandal of foreigners purchasing farm land through the cover of companies that have shareholders that may be deemed “Thai nominees”. This morning in the Bangkok post an article was published under the title “Nominees Ownership under watch”.
Originally posted 2009-08-25 12:37:59.
January 5 2010 Categories: Property General Issues, Thailand Property No comments yet
How are rights on land evidenced in Thailand? Now this is a tricky question because land documents such as NS-4 (Chanote), NS-3K (Nor. Sor. Sam Kor.) or NS-3 (Nor. Sor. Sam), which we discussed in the previous posts, only serve to evidence rights to land and contain no mention of the structures built on the land (if any).
Originally posted 2009-09-21 04:06:25.
