Real estate has been very popular with investors for a very long time, in addition to its pleasant and affordable cost, this corner of paradise is an excellent option for living and doing business. Apartments and apartments by the sea are especially popular among all types of housing. First of all, they are trying to buy out options from developers, they are cheaper at the construction level. The second most popular purchase is secondary housing.
The cost of apartments and apartments
Most of the apartments are located in apartment buildings and buildings, they are called condominiums. The location of such condominiums is usually located near the beach area and in a place of greater tourist turnover. There are practically no large high-rise buildings, the maximum is 8-storey type houses, but there are very few of them. Each Thai condominium includes security, a swimming pool, a gym, a shop and a restaurant. But it all depends, of course, on the level of the institution and its location. Purchase is possible from construction companies on credit - mortgage and installments. Very good mortgage and installment conditions make it possible not to pay the entire amount at once. In Pattaya, apartment prices start from 50,000 euros. Apartment prices in Phuket are 2 times more expensive.
Buying real estate in different currencies is an excellent and profitable investment. In addition to the pleasant cost, you get the chance to live in a country where eternal summer awaits you, gorgeous beaches, beautiful nature and all the necessary infrastructure for a comfortable life. The purchase of apartments, even in installments, is most often carried out with full equipment, furniture and other necessary communications. All prices are quite affordable, for example, the cost of a studio apartment in a new residential complex, it is possible to buy for - 3 0 000 euros . In addition, you can also rent a house for only 5,000-10,000 thousand baht per month.
Purchase in the country is possible today for residents of many countries. Everyone is allowed to sell. Having visited this wonderful place at least once, foreigners are always drawn back. Of the disadvantages, it is possible to single out a rather heavy flight in time.
You can buy a house here in a very short time, there are a lot of options on the real estate market.
Today you can buy different types of housing:
· 1-room studio.
· 2-room apartment.
· 3-room apartment.
· 4 rooms or more .
condo
The most affordable apartment options are in Pattaya, Hua Hin and some areas of Phuket, such as Rawai and Nai Harn. Prices for apartments by the sea start from $50,000. The Veles Club and Estate Phuket projects have budget proposals.
Payment is made in Thai baht or dollars, but some agencies, such as Veles Club and Royal Property, may offer conversion into rubles or another currency. Bank transfers are carried out through foreign accounts, as it is impossible to pay for the purchase directly in rubles.
Apartment prices depend on location, property class, and infrastructure. On average, in Phuket, the cost of apartments starts from $100,000 per studio and from $150,000 for one-bedroom apartments. In popular areas such as Bang Tao and Laguna, prices can reach $500 000 – 1 000 000 for luxury real estate. In the Patt. Prices are lower: studios can be found from $50,000, and one-bedroom apartments from $80,000. In Hua Hin, the cost is similar, with apartments focused on long-term living.
Yes, foreigners can buy an apartment, but with restrictions. According to the law, non-residents can own no more than 49% of the space in a condominium, the rest must belong to citizens of the country. If the property has already been sold to foreigners within the established limit, you will have to look for other offers. An alternative option is to purchase through a Thai company, where 51% of shares belong to citizens of the country.
This material covers what a foreigner is entitled to buy and under what terms, the three ownership structures and their costs, the step‑by‑step transaction procedure with timelines and documents, a fu...
