Jump to content

How to buy houses in isaan


Recommended Posts

Ok. Falang cannot buy freehold or ??         Is there such a thing as eatate agents . How is it done.  

 

 

Also Someone told me to become acquainted with bank staff  and see if you can find some bargain repos. 

Link to comment
Share on other sites

Most major Thai-Banks have "Repo-Lists" somewhere on their "Homepages". Bargains available.

- It's just that once you plow thru all the Legalities of "Foreighn-Ownership" of R/E Estate, it may serve to stifle your appetite for Thai R/E Estate greatly.

Link to comment
Share on other sites

I knew the concept of falang getting into property ownership is like staring into a minefield where fiscal suicide seems entirely possible. In my situation I am handing over a modest amount of dosh to a partner of over 10 years

Link to comment
Share on other sites

47 minutes ago, Benroon said:

It is 'fiscal suicide' to the not so bright! Why are you handing over anything ? You can buy it (and you don't need to say it is all your partners money - old wives tale No 525)

 

Land in her name - you own the house - usufruct on the back of the chanote - simples !

DD

ok.   I just cannot remember seeing what looks like an agent in your average town in isaan.    Maybe I need new specs.   

Link to comment
Share on other sites

24 minutes ago, surreybloke said:

DD

ok.   I just cannot remember seeing what looks like an agent in your average town in isaan.    Maybe I need new specs.   

There are always the "Phoo Yai Baan's" (village chiefs). Among everything else, they know if a property is for sale. Best to have a Thai-National as a "Scout". You entering the scene as an interested Farang will increase the price of the property immediately.

- As I mentioned above, Banks have "Repo-Lists". Especially in Rural-Aereas, bargains available. Banks will assist in legal-matters, involving the Land-Office as well. You will get clean Title. (As opposed to (some) "Real-Estate-Agencies" that are not accountable to no one).

 

In short: By aquiring property off a "Repo-Situation" of a Bank can cut down on "red-tape" massively. (You will still have to bring your purchase into accordance with Thai-Law.) But that is another can of worms.

 

- AND: You should know where (geographically) you would want to aquire property in Thailand. Rumor has it, that without a pre-determined geographical fixation, most Farangs end up buying a Condo in Pattaya. For better or for worse.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...