Buying a House in Thailand? Your Guide to Ownership Options with Triumph Property!
July 28, 2023
Looking to buy a house in Thailand? Here's what you need to know!
Limited Company: You can purchase a house through a company where you own 49% shares. It’s a legal workaround, but consult a business advisor or lawyer to guide you.
Lease Agreement: Foreigners can’t own land, but you can lease the property for 30 years or more. Ensure you understand the terms and ongoing expenses involved.
Buying with a Thai Partner: Another option is to have a Thai spouse, girlfriend, boyfriend, or friend hold ownership. However, be cautious about potential risks and uncertainties.
Condominiums: Owning a condo in Thailand is easier for foreigners! It’s a safe and straightforward process, making it a popular choice among expats.
Important Note: Making a profit from property can be challenging. Property values may depreciate, and rental income might not cover expenses. Choose your location wisely!
Triumph Property, your trusted property agent in Thailand, can help you navigate the process smoothly!
Contact us today for expert guidance and find your dream property in the Land of Smiles!
