FAQ
FAQ
Frequently Asked Questions
I Am Ready To Buy A Property In Phuket. What Should I Do First?
First contact us by either email or telephone so we can schedule a convenient time to discuss exactly what your needs are and how we can assist you to achieve them.
Do You Deal With Rentals?
We generally deal with sales but we do accomodate renters and landlords since renters often become buyers and landlords become sellers.
I Would Like To Sell My Property In Phuket. What Should Be My First Step?
Please contact us by either email or telephone and we can schedule an appointment to discuss what we can do for you.
Can Foreigners Own Property In Thailand?
Foreigners cannot own freehold land in Thailand but can own buildings on the land. Foreigners can own 49% of a condo freehold.
Can I Get A Mortgage In Thailand?
Most foreigners cannot get a mortgage in Thailand with the exception of permanent residents or forigners with work permits that can show steady income and tax payments.
What Fees Should I Expect at Closing?
Thailand has a number of fees including stamp duty, witholding tax, specific business tax, and transfer tax. The formula is complicated and is based on the assessed value of the property at the land department.
Can I Register A Long Term Lease On Thai Land?
Currently 30 years is the longest lease that can be legally registered but Thai authorities have indicated this legislation could change to allow longer leases to be registered in the near future.
What Are Brokers Commission Rates In Thailand?
Generally 5% is normal but can vary depending on factors such as premiums on new home sales and discounts on large land tracks.
Has Property In Thailand Performed Well As An Investment?
Land has seen the best returns over the last 30 years but luxury villas have also done well. Resale condos and mid priced homes have historically seen less returns.
Can I Ask You for Advice?
Certainly we are pleased to provide advice and consultation on any of your property needs.
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We are always here to assist with any and all of your property needs.