We talk about how and the best to invest money in Thailand
A condo, also known as a condominium, is a housing or residential complex where there are separate units, with each unit owned by an individual. When someone rents a condo, they are renting directly from the owner of the condominium.
Is Antarctica a condominium? Antarctica is a de facto continental condominium, governed by the 29 parties to the Antarctic Treaty that have consultative status.
At a national level, France spent an average of 851 euros to rent a house in 2021 and an average of 435 euros for a studio or one-room apartment. Both figures take into account payments for rented accommodation.
Property hunters looking for a real French bargain should head inland to the Indre department and the neighboring Limousin region – the two most affordable places to buy a house in France, according to the latest report from the official French Institute of Notaries (Notaires de France) .
The easiest way to invest in Thailand is to use exchange-traded funds or ETFs, which offer instant diversification in US-traded securities.
How can a foreigner invest in Thailand? Invest at least USD 250,000 in Thai government bonds, funds qualified / categorized as foreign direct investment in Thailand, or Thai real estate; a. Indeed receives a minimum salary or pension of USD 40,000 per year.
Investment wonders will not end soon in Thailand as the country with USD 406.8 billion GDP, 68.9 million population, and USD 16,885 GDP per capita is ranked 8th among the 10 Best Countries to Invest in 2018.
It is much easier to buy stocks in Thailand if you are already a resident with a long-term visa. Go to Bangkok Bank head office on Silom Road and open a Bualuang Securities account. They will guide you through the process. Non-residents have two main options.
Buying Thailand property as an investment is also a good choice because the country has seen a steady increase in property prices as demand continues to remain strong. The country remains steady in its development, with modern road networks and links to major industrial and commercial centres.
It is a commonly unknown fact that although a foreigner cannot own land in Thailand, he can own the house or structure built on it. One only has to apply for a building permit to build the house in his own name.
Can a foreigner buy an apartment in Thailand? Foreigners are not allowed to buy land in Thailand, but you can buy apartments and condominiums as a non-citizen. However, foreigners cannot account for more than 40% of the total block of flats or condo unit owners. Interestingly, you can buy the whole building as a foreigner, but not the land it is built on.
Answer: Under Thai law, foreigners cannot own land directly in their name. However, they can buy condominiums outright (Freehold) or buy a landed property and lease the land (usually for 30 years, with the option to extend) that the property sits on.
The simple answer is “Yes” it is legally possible! Property ownership by non-Thai nationals is possible with some restrictions. Foreign investors and home buyers can own Condominium Freehold Titles (Condos); however, they cannot directly own land or landed property (i.e., villas, townhouses and shops).
Given restrictions on land ownership, foreigners cannot own a villa outright, instead they must purchase a leasehold agreement. In general, this process is straightforward and you should expect to be offered a 30-year lease on any villa or home, which is the longest period for any leasehold in Thailand.
Buying any Real Estate in Thailand, be it a house or a condo, requires the services of a reputable law firm. Once you have decided which real estate you are going to buy, always consult a lawyer before signing any documents.
Can a foreigner own a condo in Thailand? There are no restrictions on nationality and all foreigners who can enter Thailand legally (there are no visa class requirements) can buy and own a condo unit within the condominium’s foreign ownership quota, but each must a foreigner is personally eligible for ownership under section 19 of the Condominium Act.
The process of buying a condo in Thailand is fairly easy, and only a few requirements must be met: The property purchased must be part of the 49% surface of the project that could be owned by foreigners. This can be easily checked at the developer’s office directly with the responsible jurisprudence.
| Level | Price per m² |
|---|---|
| Middle Range | 70,000 – 89,999 baht |
| Upper-Mid Range | 90,000 – 119,999 baht |
| High End | 120,000 – 199,999 baht |
| Luxury | 200,000 – 299,999 baht |
Under the right circumstances, buying a condo in Thailand can be a worthwhile purchase and a good investment. If you are a foreigner interested in buying a condo in Thailand, there are several issues you must be aware of. Thai law only allows foreigners to buy condos in certain circumstances.
Under the right circumstances, buying a condo in Thailand can be a worthwhile purchase and a good investment. If you are a foreigner interested in buying a condo in Thailand, there are several issues you must be aware of. Thai law only allows foreigners to buy condos in certain circumstances.
Is it easy to buy a condo in Thailand? The process of buying a condo in Thailand is fairly easy, and only a few requirements must be met: The property purchased must be part of the 49% surface of the project that could be owned by foreigners. This can be easily checked at the developer’s office directly with the responsible jurisprudence.
Rental returns and capital appreciation potential On average, potential investors can make 4-6% gross rental yield on condos in Central Bangkok. On top of this, Bangkok property prices have been appreciating as a result of city development and economic growth.
| Level | Price per m² |
|---|---|
| Middle Range | 70,000 – 89,999 baht |
| Upper-Mid Range | 90,000 – 119,999 baht |
| High End | 120,000 – 199,999 baht |
| Luxury | 200,000 – 299,999 baht |
Now is a good time to buy below pre-pandemic market prices and wait for prices to rise as the world reopens for business. This will start to come into effect once international borders reopen and especially when the Chinese start to become confident with international travel again.
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