The Cabinet's recent decision to extend property leaseholds for foreigners from 30 years to 99 years and increase the foreign ownership ratio in condominium projects from 49% to 75% is expected to attract foreign investors and alleviate the current market slump. he Real Estate Information Centre (REIC) of the Government Housing Bank has supported a major policy change aimed at rejuvenating Thailand’s...
They include a very special detached seven bedroom family house in Kensington, an exclusive five bedroom apartment overlooking Kensington Palace Gardens and a stunning newly built luxury home of grand proportions totalling 14,358 sq ft. Phillimore Gardens, Kensington, London For Sale, 38,560,411 USD A very special detached seven bedroom family house with off-street parking and a lovely...
The home has access to amenities in a neighboring luxury development A modern houseboat moored on the River Thames that comes with a suite of hotel-like amenities has hit the market asking £1.75 million (US$2.25 million). The floating three-bedroom residence, which was listed earlier this month, is docked off a gated pier where the Thames runs through the London suburb of Wandsworth. It also has access...
London venue where the Rolling Stones and U2 played their early gigs is for sale A hub for music acts since the Sixties, major names such as The Jam also staged early gigs at the W9 venue. Now set for a new life, it’s on the market at £6.5 million with Lambert Smith Hampton. Read...
The acquisition of land or a condominium unit in Thailand by a foreign government for official use, such as for use as an embassy or consulate, is not covered by any specific legislation. Therefore, assuming that a foreign government intended to acquire land or other immovable property in Thailand for official use, such an acquisition must be done by reciprocal agreement between nations, although not...
A land trust is a pass-through entity that becomes the owner of a specific property. For this exercise we will only discuss the ownership of real property, specifically real estate. These documents are much hated by Realtors, lawyers, lenders and municipal governments to mention a few, but loved by real estate investors who understand them. A land trust is a simple document which becomes the controlling...
Located in the heart of Southeast Asia, Thailand has served as a trade and business hub for centuries. It was a buffer zone between colonial powers because of its strategic location. As a result, it was the region’s only nation that wasn’t colonized. Thailand (and its property market) is still able to reap the rewards from its strategic placement on the map today, yet in different ways. Its capital...
Chinese demand for real estate in Thailand is at an apogee, but the Beijing government’s drive to control capital flight could hinder such demand, according to a new report by Financial Times Confidential Research (FTCR). Surveying 108 investors, FTCR found that Chinese buyers, mostly only “moderately wealthy” and put off by skyrocketing values in the mainland, are scouring the kingdom for...
There's more to life than money, and the same goes for buying real estate. In an increasingly unstable and uncertain world of shifting political regimes, climate patterns and economic powers, many investors are finding themselves asking what constitutes real value. Most societies have historically measured worth in concrete financial statistics: in GDPs, stock indices, and all sorts of monetary...
Changes to deposit protection limits on bank accounts in Thailand may give a boost to property investments even as there are warnings of speculation at the high end of the market for condominiums. In early April the Governor of the Bank of Thailand issued a warning about the potential of bubbles developing in some parts of the Thai economy and referred to the property market. Some observers within the...
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