Buy a house in Thailand - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**Emunsesoxmete** · 09-21-2012, 02:28 PM

http://www.thailandqa.com/forum/showthread.php?t=7901

this thread at the forums includes very detailed descriptions of the possibilities for buying property in Thailand.

**Marinausa** · 09-21-2012, 04:35 PM

Yo wzup!

I've heard many speculation about foreigner cannot own permanent property and if you're a foreigner and have a company there you can only own 49% of the company etc.,

Any ideas?

Why own when you can LEASE?
Our body is also on LEASE. My BODY lease expiring in 20 years.

**prearpaccew** · 09-21-2012, 04:49 PM

I didn't know about the condition that the condo be above the ground floor. Interesting. I wonder why that is?

They probably don't want to look at a bunch of fat farangs and figure some might use the stairs and lose some weight.

**NofFoomiTot** · 09-21-2012, 06:06 PM

That is correct. But, you can buy a condo if you like, as long as if it is off the ground floor and no more than 50% of the condo owners in the building are foreigners.

**nAKMzyBN** · 09-21-2012, 08:01 PM

I didn't know about the condition that the condo be above the ground floor. Interesting. I wonder why that is?

**NutChusty** · 09-22-2012, 03:38 AM

I toyed around in my head, about buying a beachfront condominium at Jomtien for my Thai getaways, but at 18 million baht for a decent one, I thought to my self, you can get quite a good apartment on the beach on the Gold Coast Australia for the same price, why would I want to pay such an extravagant price for a condominium, On the Gold Coast an average house with in 5 klm of the beach is just as expensive as a beachfront apartment. I think the prices of these condominiums have an inflated value, specially when Thai people can get a very large house and land for less than a third that price with in 3 klm of Jomtien beach. At present there is some major constructions going on, and when the supply meets demand, the price of these condominiums will show a more realistic value, as Thailand is still a developing country and it should represent a better value than this.

**Gofthooxdix** · 09-22-2012, 04:37 AM

Yo wzup!

I've heard many speculation about foreigner cannot own permanent property and if you're a foreigner and have a company there you can only own 49% of the company etc.,

Any ideas?

09-21-2012, 02:28 PM	#1
Emunsesoxmete Join Date Oct 2005 Posts 593 Senior Member	http://www.thailandqa.com/forum/showthread.php?t=7901 this thread at the forums includes very detailed descriptions of the possibilities for buying property in Thailand. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-21-2012, 04:35 PM	#2
Marinausa Join Date Oct 2005 Posts 436 Senior Member	Yo wzup! I've heard many speculation about foreigner cannot own permanent property and if you're a foreigner and have a company there you can only own 49% of the company etc., Any ideas? Why own when you can LEASE? Our body is also on LEASE. My BODY lease expiring in 20 years. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-21-2012, 04:49 PM	#3
prearpaccew Join Date Oct 2005 Posts 466 Senior Member	I didn't know about the condition that the condo be above the ground floor. Interesting. I wonder why that is? They probably don't want to look at a bunch of fat farangs and figure some might use the stairs and lose some weight. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-21-2012, 06:06 PM	#4
NofFoomiTot Join Date Oct 2005 Posts 429 Senior Member	That is correct. But, you can buy a condo if you like, as long as if it is off the ground floor and no more than 50% of the condo owners in the building are foreigners. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-21-2012, 08:01 PM	#5
nAKMzyBN Join Date Oct 2005 Posts 496 Senior Member	I didn't know about the condition that the condo be above the ground floor. Interesting. I wonder why that is? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-22-2012, 03:38 AM	#6
NutChusty Join Date Oct 2005 Posts 565 Senior Member	I toyed around in my head, about buying a beachfront condominium at Jomtien for my Thai getaways, but at 18 million baht for a decent one, I thought to my self, you can get quite a good apartment on the beach on the Gold Coast Australia for the same price, why would I want to pay such an extravagant price for a condominium, On the Gold Coast an average house with in 5 klm of the beach is just as expensive as a beachfront apartment. I think the prices of these condominiums have an inflated value, specially when Thai people can get a very large house and land for less than a third that price with in 3 klm of Jomtien beach. At present there is some major constructions going on, and when the supply meets demand, the price of these condominiums will show a more realistic value, as Thailand is still a developing country and it should represent a better value than this. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

09-22-2012, 04:37 AM	#7
Gofthooxdix Join Date Oct 2005 Posts 485 Senior Member	Buy a house in Thailand Yo wzup! I've heard many speculation about foreigner cannot own permanent property and if you're a foreigner and have a company there you can only own 49% of the company etc., Any ideas? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

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