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The Property Market in Thailand
Expat Focus interivews Ashley Tiernan, Pattaya & Jomtien Real Estate
As with any purchase do your home work, if you don’t know the area well talk to a reputable agent. Commission is charged to the seller not the purchaser.
The law here is different to most countries and there is little regulation, however if you do things properly property purchases are safe and offer excellent returns.
In most cases foreigners cannot get finance so be cashed up, the exception is off plan projects where the developer offers finance over the construction period.
What advice would you give to expats going through the buying process?
As mentioned above there is little government regulation to protect you so due diligence is critical. Use an independent agent to give advice and opinion rather than going to the developer direct. A developer will only recommend their own projects; you should compare several to find the most suitable...
Read more about the property market in Thailand.
- Forum Legend