What should I pay attention to when buying a house in Thailand?

The difference between buying a house in Thailand and buying a house in other countries is that the "real estate" that China people buy in Thailand mainly refers to "apartments". Because Thai law does not allow foreigners to buy land, only apartments are allowed. Buying a house in Thailand also needs to pay attention to five major risks:

1, property management risk (in Thailand, the property management company is responsible for the later housing management, and once the property management company has problems, the apartment is likely to be "unfinished");

2, housing tax risks (generally, the annual property management fee for newly-built apartments can be as high as 40,000 to 50,000 yuan);

3. Housing maintenance risk (due to climatic reasons, the renovation in China can last for 10 years, and it can only last for three years in Thailand);

4. Rental risk (many apartments are difficult to rent out);

5. Policy risk (rapid change of government in Thailand and poor continuity of corresponding policies).

Extended data

The reason why China people are keen on overseas home ownership.

1, the influence of traditional thought

China people advocate "living in peace" before "working in peace". As long as they have relatively abundant savings, they are willing to build their own homes and live and work in peace and contentment. The same is true of China people who have emigrated. Take Canada as an example. The proportion of China immigrants owning real estate is close to 80%, which is the highest among all ethnic groups.

2. The needs of immigrants

With this wave of immigrants around 20 10, the number of domestic investment immigrants has greatly increased. In Canada, Australia and other major immigrant destinations, the rigid demand and high-end property demand brought by new immigrants have increased rapidly, which has spawned a hot situation in the real estate market of major immigrant countries.

3. The need to study abroad

Some families who have the financial ability to study abroad consider that it is better for their children to rent a house abroad than to buy a house, and some even buy a large area of real estate, part of which is used for rent, so as to realize "supporting their studies with the house".

4. Pure property investment

Compared with domestic policies such as restricting purchases and loans, some overseas countries have looser loan policies and lower interest rates, so profit-seeking funds are increasingly invested in overseas real estate markets.

People's Daily Online-China people are buying more and more houses in Thailand. Five risks should be paid attention to.

People's Daily Online-Why are China people keen on buying homes overseas?