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Condos in Thailand: foreign ownership details including taxes and the ownership of land

We look at the different ways of buying or owning land or property in Thailand

House for rent in Bangkok, Condo for rent in Bangkok, Condo for sale in Bangkok

As competition for tenants and buyers becomes increasingly frantic, Bangkok's developers are scrambling for promotions that outshine their rivals.

Fuelled by the Thai government's large-scale infrastructure investment plans, a bullish sentiment is permeating throughout the Bangkok property sector.

Prior to agreeing a purchase, it is necessary to check with the condominium building management the current rate of foreign ownership.

What are the different ways of buying or owning land or property in Thailand?

The Thai luxury condominium market historically has a five- to seven-year cycle of rising demand, and the overall trend is positive for the next few years.

Thai law allows a maximum of 49% foreign ownership in a condominium. So prior to agreeing to buy, check with the building management.

Developers have been having a field day in building new condominiumsBut what about Grade A office buildings?

The Global Listed Properties Company Index fell 6 per cent in the first quarter of 2005, even though stock exchanges recorded an increase.

Real estate in Phuket has has been in the doldrums since the tsunami but prices have remained resilient in spite of so many people looking for a bargain.

Once an old, sleepy seaside town, Hua Hin and Cha Am are now drawing the attention of property developers and punters.