Thailand is one of the most attractive property destinations for foreigners — whether for living, retiring, or investing. But when it comes to choosing between a condo and a villa, many buyers ask: 👉 Which one is better for foreigners? Let’s compare the two options across key areas: ownership rights, lifestyle, cost, and legal restrictions. 📊 Quick Comparison Table: Condos vs....
Whether you're leasing a condo or own one as a foreigner in Thailand, it's important to understand what happens when your rights reach their expiration date. Thailand offers two types of property rights for foreigners: Freehold (full ownership) — typically for condos Leasehold (temporary ownership) — common for villas, land, and some condos But what happens when your lease expires or if...
What Every Buyer & Owner Should Know When buying a condominium in Thailand, you’ll hear two important terms:“Condo fees” and “sinking fund.” These are standard charges for all condo owners, and understanding them will help you manage your property more effectively and avoid surprises down the road. 📘 What Are Condo Fees? Also known as common area maintenance fees, condo...
Many foreigners and property investors ask:“Can I rent out my condo in Thailand on Airbnb?” While Airbnb is popular across Thailand, renting your condo short-term (less than 30 days) is a legally grey area, and it’s important to understand what’s allowed — and what could get you into trouble. ⚖️ The Short Answer ➡️ No, you cannot legally rent out a condo on a nightly or...
🏢 Reselling a Condo as a Foreigner in Thailand If you’re a foreigner who owns a condo in Thailand, you may eventually decide to resell the unit — whether to realize a profit, upgrade, or move on. Fortunately, reselling property as a foreigner is legal and straightforward, provided all documentation is in order and you understand the process. This guide explains how it works, what to prepare,...
Whether you're buying for investment, retirement, or lifestyle, choosing the right condo project in Thailand is key to maximizing value, comfort, and long-term satisfaction. With hundreds of developments in places like Bangkok, Phuket, and Chiang Mai, the options can be overwhelming — but this guide will help simplify the process. ✅ Key Factors to Consider When Choosing a Condo Here’s a...
Thailand is a popular destination for property investment, especially for foreigners interested in buying a condominium. However, many first-time buyers are surprised to learn about the "49% foreign quota rule" — a key regulation that affects ownership rights in every condo building across Thailand. Let’s break it down in a simple and easy-to-understand format. 📘 What Is the 49% Foreign...
Thailand remains a top destination for foreign investors, digital nomads, and retirees. One of the most commonly asked questions from foreign buyers is: 👉 Can a foreigner own 100% of a condo in Thailand? The short answer is: Yes — under certain conditions. ✅ What the Law Says Thailand’s Condominium Act (1979) allows foreign nationals to own up to 49% of the total saleable area of...
1. You don’t always need a Thai bank account Recent changes mean tourist and Destination Thailand Visa (DTV) holders often can’t open new local bank accounts . But, you can still buy a condo—as long as payment is made via an international foreign-currency transfer to: The developer's bank account, or A trusted escrow account held by your lawyer or agent . The recipient then arranges...
Foreign buyers in Thailand face unique challenges when seeking mortgages, especially for condominiums. These constraints stem from land ownership restrictions and cautious lending practices by local banks. However, several viable options are available if you know where and how to look. 🔍 1. Local Bank Mortgages with Conditions Certain Thai banks do offer mortgages to foreigners—but the...
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