BUYING A PROPERTY IN THAILAND
HELPING FOREIGN INVESTORS
NAVIGATE THE THAI REAL
ESTATE MARKET
At YuuThai, we specialize in assisting foreign investors and property buyers in navigating the complexities of the Thai real estate market. Our
team of experienced agents is committed to providing you with comprehensive support and guidance every step of the way.
SEAMLESS PROPERTY BUYING EXPERIENCE
Initial Consultation
Property Search
Legal and Financial
Consultation
Handover & After-
Sales Support
Understanding Your Needs
Our process begins with a thorough consultation to
explore your specific needs and financial
considerations. One of our standout features is our
multilingual team, fluent in Thai, English, and Chinese.
The fact that our team can bridge the language gap
makes the transaction easier and helps you to better
experience property searching in Thailand.
Comprehensive Property Search and Selection
Based on the information gathered during our initial meeting, we carefully select properties that align with your desires, whether it’s a luxurious condo in the heart of Bangkok or a peaceful beachfront retreat. Our in-depth market knowledge ensures we present only the most suitable options.
Legal Guidance and Due Diligence Services
Understanding the legal landscape can be challenging, particularly for those unfamiliar with Thailand’s property market. We work with highly regarded legal advisors who can undertake all due diligence and clearly explain all the nuances of the property laws, ownership configurations, and the varying investment restrictions that apply to foreign investors from different countries.
Continuous After-Sales Assistance
Our commitment extends well beyond the handover phase, offering ongoing services like property management and renovation advice to ensure you settle comfortably into your Thailand property. Our goal is to maintain a stress-free experience throughout your ownership journey.
FREQUENTLY ASKED QUESTIONS
Can I own a property in Thailand as a foreigner?
- Condominiums – Foreigners can fully own a condominium in Thailand, provided it falls within
the legal limits. By law, foreigners can collectively own up to 49% of the total units in a
condominium development. - Houses – Foreigners are allowed to own houses in Thailand, but ownership does not extend to
the land on which the house is built. - Land – Foreigners are PROHIBITED from directly owning land in Thailand. However,
alternative options are available, such
What are the costs involved when purchasing / investing in Thai properties?
There is a 2% transfer fee that needs to be paid, which is typically the buyer’s responsibility.
However, in some cases, this 2% fee may be equally shared between the buyer and the seller.
There are more costs when it comes to selling your Thai property. For detailed information,
kindly refer to https://yuuthai.averpsdemo.com/buy-sell/
Can I get a VISA if I buy a property in Thailand?
There are now many options and types of visas for foreigners. The investment visa is perhaps
the most straightforward when it comes to owning property. If you purchase a condominium
worth at least 10 million baht, you become eligible for the investment visa.
There are also other options available, such as the Long-Term Visa (LTR), Destination
Thailand Visa (DTV), Retirement Visa, Marriage Visa, etc.
Can I get a bank loan when buying a property in Thailand as a foreigner?
Most banks in Thailand do not offer housing loans to foreigners. However, a few banks, such
as HSBC, Siam Commercial Bank, and Thai Military Bank, do provide loans but with very strict
terms and conditions.
A more common option is through international home loan schemes, such as those offered by
Bangkok Bank (Singapore branch), UOB in Singapore, and ICBC. Foreigners can borrow up to
70% of the property’s value, giving them better access and opportunities to secure loans for
their properties in Thailand.
What are the on-going costs of owning a Condo in Thailand?
Common Area and Management Fees (CAM) – These fees are mandatory in all situations.
CAM covers the maintenance of your condominium, including building management, facilities,
the pool and gym, garden areas, and more. The costs vary depending on the condominium but
typically range between 25 THB to 100 THB per sqm per month, payable annually or
biannually.
Property Management Services – If you are an investor, especially one not residing in
Thailand, you may consider opting for property management services. You may refer to more
information here: https://yuuthai.averpsdemo.com/services-property/
Insurance (Optional but Recommended) – It is advisable to purchase Building Insurance and
Condo Interior and Content Insurance to protect your property. Building Insurance is usually
included in the common fee, but some landlords may choose to buy additional Condo Interior
and Content Insurance to cover internal damages, such as fixtures and appliances, caused by
tenants.
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