Real Estate Closing Costs in Thailand
There are costs related to selling real estate in Thailand. By understanding those costs real estate owners can set an appropriate price for their asset to adequately cover all the transaction costs and not be surprised by unexpected payments that leave the seller with less...
Owning Thai Real Estate as a Foreigner
Foreign Land Ownership in Thailand Normally, foreigners (non-Thai nationals and non-Thai juristic persons) are prohibited by law from owning land in Thailand. But there are some conditions that permit foreigners to own land: The foreigner invests more than THB 40 million in Thailand. The investment must...
Capitalization Rates in Thailand
The capitalization rate, or cap rate, is used in the world of commercial real estate to indicate the rate of return that is expected from a real estate investment. Usually, it is computed by using the net operating income (NOI) of property divided by property...
Thailand Real Estate Land Taxes
Thai Real Estate Land Tax In 2020, Thailand initiated the 'land tax', replacing the 'household tax', to collect tax on real estate. The move is meant to stimulate land improvement rather than allowing land to remain idle. Prior to 2020 Thailand did not have a land...
Billion Baht Bonanza in Thai Residential Sales Market
It's great to read some good news for a change, not of loss, but of gain. Particularly of gain in the Thai residential real estate market. Two stories caught our attention in the past week, both showing that there is demand to the tune of...
Importance of a Feasibility Study in Commercial Real Estate
Investing in the Thailand commercial real estate market can be risky. With several investment opportunities these days across traditional investments like stocks and bonds, and newer investments like cryptocurrency, real estate clients face the dilemma of where to invest their resources. The decision to undertake a new...