Commercial real estate experts in Bangkok from 9asset: When it comes to rent or lease of immovable property in Thailand foreigners have the same rights as Thai nationals. Lease of immovable property (land, house, condominium) for residential purpose is governed by Civil and Commercial Code (sections 537 to 571) and further specified by the Thailand Supreme Court. Foreigners are under Thai law allowed to lease real estate property for terms of up to 30 years. Whether it concerns a lease of an apartment or land and/ or house for residential purposes by foreigners there is no requirement of bringing foreign currency into Thailand, as opposed to buying a condo unit freehold or leasing commercial property under the ‘Hire of Immovable Property for Commerce and Industry by Aliens Act’. Read additional details at Condo investment in Bangkok.

9asset provides 37,087 lists of Condo for sale in Bangkok province, update August 2023, offered by both owner/s and real estate agents, most of Condos in Bangkok are located at downtown Bangkok city, near universities, international school, shopping mall, hospital and other popular areas, there are many types of Condo for selection, such as studio, 1 bedroom, 2 bedrooms, 3 bedrooms, 4 bedrooms, 5 bedrooms, 6 bedrooms, penthouse, duplex, triplex and loft type, some of them are come with fully furnished, ready to move in, some are standard decoration, perfect layout design with good quality, variety style facilities are provided at common area in each project, such as swimming pool, fitness, Jacuzzi, sauna, steam, 24-hours sercurity, parking, library and multi purpose room, starting price less than 1 million baht, meet the requirement of people who looking for Condo in Bangkok province. owner/ss are enjoy the value and price appreciation after bought Condo, it is a good idea to rent it out to earn passing income as well, also can sell it out after hold for a certain period.

There are a number of grounds upon which a work permit can be granted (this is in a discretionary basis will take into account usual considerations such as suitability and qualifications of the foreigner for the position). The permit may be granted to a foreigner who is employed in Thailand : The company (employer) must have a fully paid-up registered capital of 2 million Baht to hire one foreigner, plus one person for every additional 2 million Baht (to a maximum of 10 people). If the registered capital of the company is less than 2 million the company can hire one foreigner if its total corporate income tax payment had been at least 5 million Baht for the past three years. The company can hire one foreigner for every 5 million Baht paid in tax.

Renovating improves the house value : Keeping a lid on costs also depends on good communication, so it’s worth scheduling regular builder-client site meetings. This should prevent misunderstandings over small details which otherwise have a nasty habit of growing into expensive disputes. Before the build starts, it’s important to think about the details — light switches, sockets, radiators, taps, basins and so on, so the builders know exactly what’s required. Logic dictates that you shouldn’t waste money buying more stuff than you actually need. But it’s a false economy to order too few materials and risk work being held up because you’re a few tiles short.

Break Down Your Income & Expenses: Credit for this one goes to user GeekLimit on Reddit – one of my favorite personal finance tips! This is an odd little trick that can change the perspective you have about your money, and help you budget better. It’s all about breaking your income and expenses down into daily values, like this: You make $2,500/month = ~$83/day. You pay $800/month for rent = ~$27/day. You pay $200/month for car insurance = ~$7/day. Everything else (food, phone, gas, etc.) comes to $750/month = ~$25/day. That means you’re left with $24/day in spending money. Want to save $1,000 for a nice vacation? You’ll have to save about 42 days worth of your spending money. That means 42 days of not spending a dime. Want to buy a new $10,000 car? That’s about 416 days worth of your spending money. This will help you see how far purchases are going to set you back and affect your spending ability.

Buying real estate in a good school district makes it a lot easier when it comes time to sell your house in the future. Whether you’re looking to downgrade as an empty nester or upgrade into a larger house to support your family, a top school district is a big-time selling point in real estate. If you buy in a bad school district you run a greater risk of your home depreciating because you are appealing to a much smaller buyer pool. We recommend our buyers focus on specific neighborhoods vs. focusing on cities or larger areas. The neighborhood you live in is going to have a direct impact on you. What are you looking for in a neighborhood? Address this question early on in the home buying process because buying in the wrong neighborhood is a surefire way to be remorseful about buying a house.

Selecting a lender is a matter of personal preference. Many people often shop around, looking for a lender that offers the lowest rate. More often, however, people will choose a lender based on a referral from an agent or friend. Most lending institutions will offer the same basic programs, such as FHA, VA, conventional fixed rate, etc.; and most will meet or beat another lender’s rates. What usually separates one lender from another is their “niche” product. An example would be a lending institution that specializes in low down payments, as compared to another that specializes in self-employment financing. Most agents will be able to point you in the right direction based on your particular situation.

Many people make their home their personal sanctuary and decorate it with family photos, memorabilia, religious decor, personal keepsakes, among other items. You want to make sure to remove all of these items, pack them up, and put them in storage. A good way to do this is to pretend that you are moving out. De-personalizing your home is extremely important because the buyer wants to visualize your house as their own. It is difficult for a buyer to do so if all of your personal items appear as if you are marking your own territory.

Here are some real estate tips: There are other loan programs that can make sense too, such as the 5/1 ARM, which often get swept under the rug. Make the choice yourself. If you’ve done your homework and are in good financial shape, you should be able to get your hands on a very low mortgage rate in 2023. In fact, mortgage interest rates are historically amazing at the moment and could even reach new depths depending on what transpires this year. Once again, the 2023 mortgage rate forecast looks excellent, so they may stay put for awhile longer or even hit new all-time lows. In terms of financing, it’s still a great time to buy a home. Consider that the silver lining to an otherwise pricey and competitive housing market. Of course, with home prices creeping higher and higher, even a low interest rate may not be enough to offset that growing monthly payment. So always make time to shop to ensure you get the best rate and the lowest fees, even if financing is on sale. Read extra info at 9asset.com.