Thailand's Property Investment Landscape: Navigating Opportunities for Travelers

Thailand is a popular destination among holidaymakers from all over the world. Tropical climate, summer all year round, warm, gentle Sea, fresh fruits—isn't this a real Paradise? So why not make it your home buying villas for expats in Thailand? Moreover, investment conditions here are very favorable. And you can harvest mangoes in your tropical garden.

Cost of a Villa

Prices for villas in Thailand start from 5.5 million Baht for a villa with a private pool. For this money, you can buy a one-bedroom or double-bedroom villa with a small private area and a swimming pool. More interesting offers start from 8 million Baht and above. The cost depends on the location, territory, condition of the building, quality of finishing, and internal infrastructure of the village where the villa is located.

House Cost

House prices start from 2.5 million Baht. With this money, you can buy a house with two to three bedrooms and a small private area. This will be either a detached house or a house in a village without internal infrastructure. You can hardly count on something modern for that kind of money.

A more comfortable version of a house with two to three bedrooms in a gated community with a communal swimming pool and gym will cost 3.5 million Baht. Typically, such villages are built in the island's center, near international schools, but they are also found closer to the sea, for example, near Bang Tao Beach.

And then everything depends on the house; the larger the plot of land, the closer the house is to the sea, the more expensive it will be.

Features of Buying a House or Villa

As we know, a foreigner cannot own land in Thailand. How, then, is the sale and purchase transaction of a house or villa carried out?

In case of purchasing a house or villa, the land plot is registered in LeaseHold. A leasehold is a long-term lease for up to 90 years, a form of ownership that is equivalent to full ownership (Freehold). The house, at the same time, can be registered in full ownership—FreeHold.

If the option of registering land in Leasehold does not seem reliable enough to the buyer, the land can be registered in the name of a company registered in Thailand.

Among the advantages of registering land in Leasehold:

• easy, fast, and inexpensive design;

• low taxation in cases of purchase and sale transactions.

Among the disadvantages of registering land as a Freehold:

•   the costs of maintaining a company in Thailand, although relatively small;

•   legally more complex, lengthy, and expensive registration.

At the same time, registering a land plot as a freehold is considered more reliable.

Is it dangerous to buy property in Thailand?

With a competent legal approach, the risks in real estate transactions tend to be zero. If you decide to purchase property in Thailand, especially if it is a secondary market property, you need to contact a good lawyer. A lawyer can check the purchased property for the presence of encumbrances and liens, check the property owner, draw up or check the purchase and sale agreement, and register your property with the land department, which will protect you and your savings.

The Most Interesting Places to Visit

White Temple in Pattaya. When looking at this magnificent structure, it may seem that Wat Rong Khun seems to have stepped out of the pages of some fairy-tale illustrations. This entirely snow-white palace, which seems to be covered with frost, compares favorably with all other religious temples in the country. You can enter the territory of this majestic structure only through an elegant bridge passing through a crystal clear body of water.

By the way, the White Temple is not the most popular place among tourists. At least a few years ago, it was not even on the maps, which means there are no crowds of travelers and queues. The interior decoration is also unusual—there is a statue of the Mirror Buddha, and the ceiling is made of tiles with a reflective effect. 

The City of Ayutthaya in Thailand. Ayutthaya is an ancient Thai state that was founded back in 1350. Now, all that remains of its greatness are picturesque ruins, which are located 70 km from Bangkok. However, to fully explore this entire area, you will need at least one day, bringing you many pleasant emotions and new impressions. You should visit:

• Wat Phra Sisanphet or the Royal Temple;

• Wat Mahathat is an ancient Buddhist temple;

• Wat na Phra Man on the north bank of the river;

• Wat Phu Khao Thong is a temple about 50 meters high;

• Wat Yai Chai Mongkol with a statue of a reclining Buddha.

There are many more temples in Ayutthaya; it's not 100% possible to visit them all in one visit, and there's no need to rush—it's better to enjoy measured excursions and educational relaxation at a relaxed pace. San Kamphaeng Hot Springs San Kamphaeng is an area located 36 km from the already-known Chiang Mai. This area is famous for its unique hot springs, which are located on 40 acres of land. It is noteworthy that each of these sources is conveniently landscaped and surrounded by picturesque gardens. Moreover, the temperature of some of them is so high that it even allows you to boil an egg.

A tourist park is also open here, where, in addition to springs, you will find geysers with mineral water, a healing river, rest houses, and a picnic area. I won't exaggerate, but San Kamphaeng is one of the TOP 10 best thermal springs in the whole world.

Property in Thailand

If you plan to buy luxury housing in Thailand, you will be interested in learning about the real estate options on Thailand-Real.Estate. The most sought-after are seafront villas with spacious bedrooms, modern renovations, a swimming pool, and a private area with a beautiful garden. Such an elite house is the dream of every foreigner. 

All real estate presented in the catalog belongs to the premium class and is suitable for wealthy people who want to invest financial resources by purchasing luxury housing. Luxury villas in Thailand are ideal for this. The company's specialists will provide a full range of services and help resolve all issues related to the preparation of documents.