Transportation options and international dining choices are steadily growing as well. Transportation options and international dining choices are steadily growing as well. You can take advantage of a lease contract deal that has a term of 30 years. All throughout that timeframe, you will be treated as the rightful owner of the freehold. This can then be renewed or extended by up to two times. Over the years, we’ve established a highly reputable brand that delivers on its promises to clients in terms of quality, budget, and customer service. One of the company’s owners or investors can have up to 49 percent, and two or more foreign shareholders are allowed. Our listings come in all shapes and sizes, and suit a wide variety of budgets and preferences. 1. You can choose among luxury villas (including beachfront ones), houses (whether flat or on the hillside), modern condos, upscale apartments, lands of all sizes, and so on. Instead, our commissions come directly from the property owners. 3. Our advisors are all extremely knowledgeable and highly experienced in this market, after honing their craft for many years. You can rest assured that they’ll present you with the best investment opportunities – whatever your preferences and budget may be. We offer our real estate services at absolutely no cost: it’s free for property buyers like you. Because we are not tied to any specific project or property developer or owner, we are empowered to provide completely objective advice to our clients. Thus, you are assured that we can assist you in finding and buying the property that is truly best for your unique needs. We have built our reputation on a solid foundation of business acuity combined with the highest code of ethics.
They have rich knowledge of this specific market. 1. Bangkok, its capital, is a popular tourist destination due to its bustling city life, great accessibility, and exciting activities. Are updated with the latest information on the island. All of these and more combine to make it an astonishing place for people seeking a memorable holiday as well as those who are out to find their dream family home or new investment property. 2. This is due to a large number of property developers that are constructing nearly all types of buildings in the island, even including upscale resorts, hotels, and restaurants. With its location by the gulf, it features stunning coastline beaches, majestic views, and virgin natural resources. In addition to that, this tropical island is protected by stringent building codes and regulations, thus making it practically impossible to become a highly populated area. For instance, no buildings on the island can be taller than 12 meters in order to prevent blocking the breathtaking views of the sea.
Many times just locating the correct information can be exhausting. We also help clients looking to sell their condos. Currently, we have over 250 active condo and apartment listings with a healthy mix of leasehold and foreign freehold ownership. With apartment buildings, buyers only receive an interest in their separate units and no shared interest in the common area. Apartment owners have no say in the management of the building, property, or common areas. One ownership option is leasehold. Once registered, the lease becomes a lien upon the title deed for the unit. Developers must follow certain procedures and comply with certain regulations in order to obtain a registered condominium license for their development properties. As a legal interest, it also means that an apartment or condominium can be bought, sold, or transferred. 30 leasehold structure. It does require extending the lease at the end of each term and according to the contract. Some investors prefer purchasing leaseholds due to the tax advantages.
Only 49% of the registrable area of a condominium development can be allocated to foreign freehold ownership. This is referred to as the foreign freehold quota. This is not very common with the purchase of a condominium but for some buyers it makes sense. As long as the foreigner complies with the law, this option offers a good degree of indirect ownership and control. A local property law firm can set this up within a couple of weeks. This title shows the ownership of the individual unit. Titles are the most common evidence to prove ownership, rights of possession, and other interests in property. The share of co-ownership of the common property. It’s a fact, land prices have been rising at an average of 13% per year since 2005. The price of land has been rising due to many reasons. The new zoning laws also restricted the location and height of apartment and condominium buildings.