Thai Condo Buying Guide
We receive our commissions off the seller or landlord and no added charges are imposed on you the buyer or renter.
What we make sure is you get a professional service with no hidden costs, plus we help you with your lease agreements and oversee everything you need.
Using our services we guarantee that the lease and selling documents are in order as we have our own Barrister at Law.
Thailand has so many different types of properties for sale that whatever your dream home is, you can realize it here if you do the paperwork right. Prices are a lot cheaper than Western houses but some aspects need close scrutiny especially wiring, water & most importantly the deed title. Now that you want to buy a
house what should you look for?
The first thing you need to do is obtain the services of a reputable real estate agent or lawyer on your behalf. The Thailand Realty Industry is not regulated so watch out for agents forcing you to sign contracts, & check the title deed to make sure the property is what it says.
Do yourself a big favour and obtain a House Inspection report which in effect pulls the holes out of the property! Some buyers have bought the house only to find the land is on a different title & visa versa or the cracks have been disguised. Once you buy then its your problem.
Many Estates will try to sell a house in a developing block which has but one title with say 10-20 houses on it. They probably have 2 mortgages and want to unload the houses before they pay off the loan & secure the titles for their owners. Or will they???— we had a case in May 2002 & saved the foreign buyer 2.8m baht that he would have lost if he did not use our service. The same goes with the boundaries of the property which need to be the same as the title deed. In Thailand there’s no survey pegs as such but they do use concrete pegs & it is an important point. Sometimes vendors deliberately understate property area or move so called pegs. If the building is under construction or the land is having a subdivision look carefully at the provisions for issuing a title, and easement rights for say roadways. if you are a foreigner you can only lease for 30 years or form a company to hold the house.