Property Ownership

What are the preparations for moving into a condo?

What are the preparations for moving into a condo? For anyone who is looking for information on moving into a new condo. Start living in a condo Whether it is buying or renting a condo. Being prepared is important. Many things need to be prepared and understood before moving into a condo, such as preparing contract documents. Prepare necessary items including preparing auspicious times according to...

Auspicious time for February 2024.

Auspicious days of February 2024, good days of 2024 from January to December, there are auspicious days, auspicious times that are suitable for housewarming in 2024 or performing various auspicious ceremonies such as making merit, building a house, or building a house for many days. Good days of the year. 2024. Are there any suitable days? Let's look together. There are many auspicious days in February...

Inspect the condo, check for sure before transferring.

Inspection of the condo we purchased It is an acknowledgment of the quality of construction work that the project will deliver to us. Before the actual transfer of ownership Each project will have conditions. Different methods Some projects require that the condo inspection be done no more than 2 or 3 times and then you must sign and accept it. which must read the conditions carefully If the amount...

Do you know the house rental contract?

What is a house rental contract? house rental contract Or a lease agreement (Lease Agreement, Rental Agreement) is a legal contract document that specifies the details of the agreement between the owner of a property such as a house, condo, or commercial building and...

Leasehold vs. Freehold -How are they different?

What is Leasehold? Leasehold is partial ownership for a certain period of time through renting or buying a property. This means the property would return to the freeholder (or landlord) upon expiry unless there is a renewal. This type of rental/buying is common for investors due to cheaper prices and lower costs. However, there may be the risk of damage to the property in case of a...

Becoming a Landlord

Thailand Property Thai property can potentially yield strong rental returns, particularly in main cities such as Bangkok or Chiang Mai and in well-developed tourist destinations such as Hua Hin, Phuket, and Pattaya. Many property owners are turning to rent in these areas to maximize their property's true worth and also to take advantage of the rapidly developing rental markets. Ideal Rental...

Property Taxes in Thailand

Thailand Property Taxes Transfer fee 2% of the registered value of the property Stamp Duty 0.5% of registered value. Only payable if exempt from business tax Withholding tax 1% of the appraised value or registered sale value of the property (whichever is higher and if the seller is a company). If the seller is an individual, withholding tax is calculated at a progressive rate based on the...

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