buyingacondointhailand in ThailandShow all entries with tags: buyingacondointhailand |
1. Travel Tip:
Sitting on the balcony.
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1 of 1 people found this review helpful
I have enjoyed this condo for many years and it was a fantastic buy, but I hope this story outlines the many pitfalls that can be present during the process of appraising and purchasing a condo or... Tags for this Chapter: buyingacondointhailand |
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2. Travel Tip:
the land office
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1 of 1 people found this review helpful
I decided to go to the district land office in the case of the Metro Condo and double check the quota of condominiums. It wasnt very far away and the staff were very helpful. I found that only 27%... Tags for this Chapter: buyingacondointhailand landoffice |
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3. Travel Tip:
paying in cash
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1 of 1 people found this review helpful
I decided not to take advantage of the 12 months payments plus a lump sum balance at the end for fear that there wouldn’t be any quota of foreign named units left at that time, and so instead... Tags for this Chapter: buyingacondointhailand cash mortgage |
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4. Travel Tip:
paying the holding deposit.
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1 of 1 people found this review helpful
The next day I went to the Condo’s office and paid a holding deposit, since it takes a week or so for the contracts to be arranged. Actually it could be done all in the same day but I was in no... Tags for this Chapter: buyingacondointhailand holdingdeposit |
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5. Travel Tip:
Selling on
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1 of 1 people found this review helpful
It also made selling on the property (which by the way, was effected by transfer of the company to the new owner) very difficult, since the new owner would be presented with the same scenario! So,... Tags for this Chapter: buyingacondointhailand resale |
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6. Travel Tip:
guranteeing foreign ownership
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1 of 1 people found this review helpful
I found most of them couldn’t guarantee whether I would get one of the condos in the company name or in the foreigner name, since whilst the contracts were produced in order, and the stage... Tags for this Chapter: buyingacondointhailand foreignowner |
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7. Travel Tip:
payment plan vs quotas
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1 of 1 people found this review helpful
Indeed I found out that there were a number of foreigners who had signed contracts very early on in the building process of a condo, and would diligently pay the 24 monthly payments, only to find... Tags for this Chapter: buyingacondointhailand quotas |
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8. Travel Tip:
Final payment ownership
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1 of 1 people found this review helpful
Whilst some condo developers were reasonable enough to refund all of the stage payments made by those people who could not get their condo in a foreign name, others simply said that they never... Tags for this Chapter: buyingacondointhailand negotiaitingownership |
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9. Travel Tip:
The 3 ways to own a property
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1 of 1 people found this review helpful
Indecently, the only way to buy a house and/or enjoy the benefits of living in one in Thailand is to either lease it, have a Thai friend or partner buy it, or to form a company and then have the... Tags for this Chapter: buyingacondointhailand 3waystowoenaproperty |
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10. Travel Tip:
Company ownership
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1 of 1 people found this review helpful
It is quite common practice in Thailand for sellers of houses to propose that foreigners open a company and buy the house in the company name, many developers even have lawyers available in their... Tags for this Chapter: buyingacondointhailand companyownership |
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