Property Services in Thailand
Property Services in Thailand. The real estate sector in Thailand is supported by a range of property service providers, whose roles span from transactional advisory to operational management. These services are critical in a country where real estate transactions often involve complex regulatory requirements, foreign ownership limitations, and layered rights in land. With property viewed […]
Title Deeds in Thailand
Title Deeds in Thailand. In Thailand, title deeds are the primary legal instruments used to prove and register ownership or possessory rights over immovable property, most commonly land. The Thai legal system, governed by the Civil and Commercial Code and the Land Code B.E. 2497 (1954), recognizes several classes of title deeds, each conferring different […]
Property Mortgages in Thailand
Property Mortgages in Thailand. Thailand’s real estate market has long been an attractive destination for both local and foreign investors, offering a diverse range of properties, from luxury condominiums in Bangkok to beachfront villas in Phuket. For many buyers, securing a mortgage is a crucial step in acquiring property. However, the process of obtaining a […]
Escrow Accounts in Thailand
Escrow accounts in Thailand is a financial arrangement where a neutral third party holds funds or assets on behalf of transacting parties until predefined conditions are fulfilled. In Thailand, escrow accounts are commonly used in high-value transactions such as real estate purchases, mergers, and large-scale commercial deals. Governed by the Escrow Act B.E. 2551 (2008), […]
Superficies in Thailand
Superficies in Thailand. A superficies is a legal right under Thai law that allows an individual or entity, known as the superficiary, to own buildings or structures on another person’s land. Unlike a lease or usufruct, a superficies grants ownership of structures independently from the land, making it a popular option for foreigners who cannot […]
Usufruct in Thailand
Usufruct in Thailand. Usufruct is a legal right in Thailand that allows a person, known as the usufructuary, to use and benefit from another person’s land or property for a set period, typically up to the usufructuary’s lifetime, without transferring ownership. The concept is regulated under the Civil and Commercial Code, and it’s an important […]
Thailand Condominiums
Thailand Condominiums. Thailand’s real estate market, particularly the condominium sector, has grown into a major draw for both local and international investors. With vibrant cities, stunning beach destinations, a robust tourism industry, and an increasingly attractive investment climate, Thailand offers a variety of condos that cater to different tastes and financial capacities. In this article, […]
Purchasing Property in Thailand
Purchasing property in Thailand is an attractive investment opportunity for many foreigners, given the country’s booming real estate market, beautiful landscapes, and favorable climate. However, one of the most critical steps in acquiring property in Thailand is the transfer of funds. The process involves not just understanding the legal requirements and regulations, but also navigating […]
Property Market in Thailand
Property Market in Thailand. Thailand’s property market in 2024 presents a complex picture, with both positive and cautious signs for investors. Here’s a breakdown of the current trends: Modest Growth: Property prices are experiencing a slow but steady increase. Nationally, there’s a 2% quarter-on-quarter (QoQ) and 4% year-on-year (YoY) rise, indicating stability. Bangkok’s market mirrors […]
Servitudes in Thailand
Servitudes in Thailand. When buying property in Thailand, especially land, it’s vital to understand servitudes. Servitudes, also known as easements, are legal rights granted to one property (dominant property) to benefit from another property (servient property). Think of it as borrowing a specific right from your neighbor’s land for your own benefit. How Servitudes Work […]