Thai real estate investment, which houses can't be bought?

China immigrants have pushed many articles about recommending and buying Thai real estate. Interested friends choose Thai real estate in the market, and may also come into contact with many Thai real estate. But the layman can't see the way out and really wants to buy it, but he is always worried about too many routines. This paper explains in detail the various routines that you may encounter when choosing Thai real estate, and which Thai real estate you can't buy.

The proportion of foreigners buying houses exceeds 49%.

When choosing a house, many people in China will look at it, but they often ignore a rule that foreigners can only buy 49% of all buildings sold by developers, and the remaining 5 1% must be sold to Thai citizens or Thai companies. So it is best to stay away from the kind of real estate that foreigners have already bought at a high price.

Some people are lucky to say that the proportion of foreigners who buy houses I like is higher than 49%, so there will be no big problems after starting. After all, there is no clear penalty clause attached to this regulation! China people's shrewdness won't work here! Now is the internet age, and the information of the house is published online. Most investors in China buy houses for sale or rent. By then, the information on the Internet will be clear at a glance. Unqualified houses will be neglected, and the price will be much lower than that of compliant properties.

Thai Villa

Thai law stipulates that foreign natural persons can't buy real estate that takes away direct land, including land and villas, so be careful when you see villa projects that foreigners can buy directly!

Some buyers asked: What if I really want to buy a villa? Thai companies established by foreigners can hold villas or land in the name of the company, which is a widely used method at present. However, at the same time, the law stipulates that foreigners can only hold no more than 49% of the shares in a Thai company, and they need to find at least two Thais as shareholders, holding more than 5 1% of the shares. Therefore, we need to consider the costs and risks of finding two more Thais, as well as the changes in the law.

In addition, the rental rate of villas in Thailand is generally lower than that of apartments in Thailand. From the perspective of investment, the investment value of apartments is greater.

Real estate next to the subway

In China people's cognition, the prices of buildings next to the subway are often slightly higher than those farther away, but in Thailand, this is not necessarily the case. In the eyes of Thais, convenient transportation is important, but being too close to the subway and too noisy will also affect their quality of life. The subway stations in Bangkok are only a few tens of seconds apart, and the distance is not too far. There will be a shuttle bus 500 meters away from the subway station. Therefore, Thais will like to live at a certain distance from the subway station, and the house price here will be relatively high.

"Riverview Room" by the Chao Phraya River

China people often have a soft spot for river view rooms and sea view rooms, and it is also necessary to take a cruise on the Chao phraya River when traveling to Thailand, which leads many people to be easily attracted by the so-called "Chao phraya River view room" when choosing Thai real estate. However, in Thailand, because the water in Chao Phraya River is dirty, wet and hot, people living here are very poor. Both sides of the strait are slums, and it rains occasionally, and the shanty towns on both sides of the strait are even more precarious.

Accustomed to the traffic in Bangkok, it is shocking to see this kind of human suffering. I don't want to be adjacent to this building. When choosing a real estate, I must pay more attention to the river view room!

Sitting in a house facing south.

Since most of China is located in the north temperate zone, it is reasonable to say that houses facing south have more sunshine. But applying this kind of thinking to Thailand's housing selection will inevitably suffer! Thailand is located in the tropics, with hot weather and too much sunshine, so when choosing a house, Thais prefer the coolest north, followed by facing south and east, and the last thing they can buy is facing west, unless there is a special landscape in the west.

Thailand's real estate is currently in a period of rising value, and now is the best time to start. However, as a rational investor, we also need to avoid all kinds of routines and minefields. The above points need more attention.