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Saturday, May 4, 2024

What can you buy in Thailand for investment? – Daily Business

To buy property with sea view in Thailand is the dream of many. This country lures numerous people: of its climate, pace of life, quality of life, convenience, safety, and level of medicine. Which apartment to choose: finished or under construction?

The real estate market in Thailand is oversaturated by available options. You can find an object for every taste and budget. Most foreign customers like flats to villas and private homes due to the ban on foreign ownership of land. When purchasing an apartment, the rights of a foreigner to property do not differ from the rights of residents. However, it is worth remembering that foreigners can own no more than 49% of the total area of the house. When purchasing a flat from a developer, he manages keeping with the percentage; nevertheless, when purchasing a secondary flat, it is better to check compliance with the standards yourself.

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