HOUSES CONDOS LAND COMMERCIAL Russian

BUYING AND SELLING

DO YOU WANT TO BUY PROPERTY IN AND AROUND PATTAYA? Here at SIAM PROPERTIES we have fully trained staff, a large database of properties and an extensive knowledge of the local real estate market covering Pattaya, Jomtien, Naklua, etc.

SIAM PROPERTIES mediate as Real Estate Agents in the sale, purchase and rental of condominiums, villas, houses, plots of land and commercial businesses, in fact all aspects of Real Estate.

At SIAM PROPERTIES customer service is paramount. We always have time for you, the customer.
At SIAM PROPERTIES…we go that extra mile for you!

Let’s sit down and have a coffee, look through photographic images of properties available and see if we can bring your dreams and a property together as a perfect match!

We will listen to your demands and suggest a shortlist of properties that fits your need.

And we will never push you into something you don’t need!

SELLING PROPERTY IN AND AROUND PATTAYA? With one of the largest advertising budgets for Real Estate in Pattaya, and our large internet web presence, we reach a large proportion of the ex-pat and local Thai community. Our newspaper and internet advertising is successful. We are constantly searching for new properties for our worldwide clients.

If you would like SIAM PROPERTIES to offer your property for purchase or sale please telephone for a mutually convenient appointment. HOTLINE TELEPHONE NUMBER 09 499 1000

LEGAL ASPECTS

Here at SIAM PROPERTIES we are often asked about how one can legally own property in Thailand…FURTHER INFO…
OK…regarding the foreign ownership situation...
Foreigners can own a condo in their own name and get the title deeds. The Thai government allows foreigners to own up to 49% of a condo development. Once the development has reached the 49% level a foreigner has to use a Thai company or a nominated Thai national (normally their husband or wife) to buy the condo...should he still want to buy in that specific project.

Foreigners cannot buy land or houses…but they can be a shareholder in a Thai Company that owns the property. Give us a call to discuss this point!

Here we list the 4 most popular methods to buy land or houses:

Via a Thai Registered Company
This is probably the most popular method of property ownership. Being a company, there will be a tax obligation, as there would be in any country, however the costs here are minimal and your lawyer will have an accounting department able to assist you with the above.

Lease with option to buy
This is probably the safest way to buy a house and land in Thailand. You still require a Thai Nominee but the deal is made safe for the buyer by having a 30 year lease plus option registered on the land. There is a tax payable on the lease income however this is minimal. The lease is a legally binding document registered at the lands office. The initial term of the lease as well as the extension periods are declared as paid in advance and incorporated into the agreement is an option allowing the Lessee (buyer) to purchase the land outright should the law change and permit foreigners to own land in Thailand. However the option to extend the lease is tricky and needs to be considered case by case

Thai Nominee
This is the easiest method of house purchase, all you need to complete this form of house purchase is money and a Thai national who is willing to own a property that you the buyer have paid for. The nominee is usually a Thai wife or partner and can be risky if the relationship fails at some time in the future.

A Nominee with Mortgage
This is a very safe method of house and land purchase. Once again you will need a Thai Nominee in order to affect a property purchase in this manner. Instead of a lease agreement, this purchase method relies upon a mortgage to secure the buyers investment. The way this works is, the buyer has a Thai Nominee to buy the property then the property is registered as mortgaged at the lands office. Once again there is a tax applicable to this, it is however minimal. The property cannot be sold until the mortgage lender signs the title documents declaring the mortgage cleared. This once again gives 100% control over the property although not ownership. The buyer may remove the nominee should any problems arise and transfer in a new nominee at any time.

If you want to talk this through face-to-face as customers often do…just call to make a mutually convenient appointment… HOTLINE TELEPHONE NUMBER 09 499 1000.

For impartial advice we will always assist you in finding a Lawyer

HOW TO…

Here at SIAM PROPERTIES we try and take away the stress of you dealing with the various Land Office departments.

Our experienced staff will guide you through the sometimes confusing journey of completing your purchase.

For customers who buy condominiums using the services of SIAM PROPERTIES we offer this service without charge.

Please note:
To rightly own property in Thailand you will need to have the correct documents in your name (Company/ Nominee name) and in your possession.
In Thailand the Title Deed is know officially as “Chanote”.
The Title Deed (Chanote) is the purest form of land or condo ownership. It ensures easy transfer. One original set is kept in the District Land Office where the registration of land transfer takes place, and the other original set is given to the owner of the land. Look for the red colored crest at the head of the certificate.

If you want to talk this through face-to-face as customers often do…just call to make a mutually convenient appointment… HOTLINE TELEPHONE NUMBER 09 499 1000.
 
 
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