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Buying Property in Thailand: Essential Guide
“The Essential Guide to Buying Property in Thailand†is the definitive guide for buying resort property in Thailand. The book is packed with page after page of practical advice, insights and tips, covering everything you need to know about the property purchasing process, including essential information to protect your investment. For the unprepared, buying property in Thailand is fraught with hazards and many traps await unsuspecting purchasers. Indeed, purchasers without any knowledge of the issues involved in buying Thai property are virtually guaranteed to be deceived, inappropriately advised or “ripped off†in some way. Buying Property in Thailand is designed to provide the reader with the relevant information and an understanding of the potential challenges that present themselves to property buyers. The book also seeks to share the practical advice and experience of investors and property owners that have already bought property and have learnt the hard way by making mistakes. Here are some of the things you will learn: discover the key to NEGOTIATIONS with property developers; how to SAFELY PAY DEPOSITS and reservation fees; how to PROFESSIONALLY COMPARE potential investments; understand LAND TITLES and key legal ownership concepts; how to PREVENT PROBLEMS by conducting thorough due diligence; how to mitigate the risks of buying OFF-PLAN PROPERTY; WHAT TO LOOK OUT FOR when viewing completed properties; what criteria to use when SELECTING A BUILDER; how to calculate yields and successfully RENT OUT your property. The book is arranged into the following 8 “Steps to Successâ€: Step 1: What to buy in Thailand? Step 2: Land. Step 3: Buying completed properties. Step 4: Building your own property. Step 5: Off-Plan Property. Step 6: Legal and tax considerations. Step 7: Financial considerations. Step 8: Renting out your property. “Buying Property in Thailand†is essential reading for anyone purchasing resort property in Thailand.