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I'm a foreigner i want to buy a house in Thailand?

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pauldobbs

@martinoo2002 Thats a major problem then as nobody would buy a house with this over their head in UK  or anywhere else apart from Thailand - you can easily buy a house here if none of the normal rules of common sense  apply.

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Plazz


    @Midnight-Sam Thailand hasnt really experienced a property crash but given the oversupply and planned developments when it comes it will be savage 
   

    -@pauldobbs


I'm curious what your thoughts are on the market given the quickly growing demographic of young techies whose offices are their laptops.  Coders and designers are in huge demand and can work from wherever they want.  I know they're beginning to migrate to SEA, not to mention how many SEA natives are entering these careers as well.  Do you see these young people growing in numbers?  Do you expect them to?

martinoo2002

@pauldobbs

Well my best guess is that most are doing this. Another possibility is to buy leasehold or freehold in a compound/moo baan.

These are made my developers specifically with this issue in mind and are overpriced and thus extremely difficult to sell.

nominee the large rental markets in places like HuaHin...


Btw I don't think the usufruct is a risk. It is an option better than a company with nominees which is illegal

martinoo2002

@pauldobbs


A property crash usually follows sky high bubble prices allowed by bankers

The rest estate market in Thaiand ( and I could say Asia) works different. Check the 2008 mortgage crisis. Nothing happened in Thailand.

Because according to a smart western economic "they do not understand the fine art mortgage market" . Well I am happy they did not and do not1f600.svg1f600.svg

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