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Home»Developments»The main nuances of the Thai real estate market

The main nuances of the Thai real estate market

December 31, 2018

What aspects are important to know before the acquisition of real estate

The most popular corners for the purchase of real estate in Thailand are the islands of Sammui, Phuket and the city of Pattaya. And this is not surprising, because it is these three resorts that are the most popular among tourists. Thus, having your own housing, you can not only increase your condition by renting out housing for rent, but also rest during the vacation in your own house or apartments. In addition, Thailand is a resort all year round.

An interesting fact, if a foreigner who wants to purchase real estate in Thailand does not have enough funds for a purchase, then local banks can give him a loan for the missing amount. Of course, money is not issued to everyone. Only a citizen who has his own business in this country, or who has a highly paid job can receive such a loan.

It is also worth noting that the acquisition of real estate in Thailand does not give a foreigner the right to receive citizenship, a long -term visa or residence permit.

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