 You can almost see that finish line just a few yards away. All those hours of painstaking research in locating that perfect holiday home in the sun is about to come to an end. No more stressful negotiations, no more restless nights. Relief is on the way and all that remains is the official transfer of the property at the provincial Land Office. A day before the transaction with the seller, your estate agent gives you a call and tells you that the money for the stamp duties and registration, which you are paying in equal shares with the seller, are just one-tenth of what you thought they were. Things just can’t seem to get any better. You’re getting the house of your dreams with bargain transfer fees to top it all off. But just before you unwind that cork on your bubbly, there may be a final detail left to consider. |
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 Certainly, there is no dearth of literature regarding Thai real estate business. The numerous real-estate publications in the form of magazines, broadsheets and brochures published by property developers and are either distributed freely or sold at bookstores attest to this fact. While this can be seen as an indication of a flourishing real-estate business in the kingdom, most of these free available publications are not written with the vision of guiding the reader about Thailand real estate but to lure them through the magazines’ dazzling images and catchwords. Indeed, these magazines are written from a solid marketing viewpoint with the immediate goal of converting the reader into a potential buyer for the property being advertised. Indubitably, the Thai real-estate sphere is abundant with this type of literature. |
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 For a country who is a top player in the real-estate market in the region and whose economy largely depends on foreign investments these are crucial questions to consider. Thailand is without a doubt one of the most attractive places for real-estate investments in Asia. It has all the necessary ingredients of a successful real-estate business hub - a strategic location in the region, beautiful and varied terrain, friendly people, great food, world-class service and facilities and a secure environment. At the moment, the country partially enjoys this special privilege as more and more foreigners are coming to Thailand to invest despite the unstable world economy. But, for the erudite investor, there is something seemingly lacking in Thailand’s real-estate business which is holding him back from his plans to invest or if not to investing more in the kingdom. |
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 Thailand is seeing a current surge of interest in housing and condominium developments in advance of the elections of the new government. Seemingly, the upcoming elections stir speculations and excitement among property developers and buyers on how the would-be-elected government’s new policies or amendments of existing policies would affect the Property Business in the Kingdom. Regardless of the speculations, the demand for housing and condo projects by foreign investors is still strong, particularly in traditionally popular markets such as Bangkok, Phuket, Pattaya and our own Hua Hin. |
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