BOT has announced measures that are developed for tightening most credit rules and standards of popular mortgage loans. According to them, the LTV ratio is now limited to 80 % on all new home mortgages that cost over € 267.000 (THB 10.000.000). The same rule works for any second acquisition regardless of the cost. No...
Why Invest in Phuket?
Phuket is changing and these changes are so rapid and large-scale that they affect all sectors of life on the island. By 2025, Phuket transport infrastructure will change beyond recognition as well as prices for property. Numerous great projects have been launched and some will be complete till the end of 2024, for example, new...
Villa Verai – Impressive Estate in the Phuket Coast-line
Projected by a studio based in Hong Kong named KplusK Architects in partnership with Deborah Oppenheimer Interior Design, according to the guidelines of studio based in Kuala Lumpur, the mansion presents up to 21,500 square feet of an indoor houseroom and a total of 48,500 square feet of developed space with outside terrace building. Villa...
Buying property in Thailand – What you need to know
Wanting to buy a villa or condo in Thailand but not certain as to how this is done. Well here you will find the basic breakdown of what needs to be done and how to buy property or any real estate in Thailand. Select A Property Agent Since you will be looking for property in...
Overseas Properties 2018 – A Househunter’s Guide to the Galaxy
Spain Spain has a lot of obvious advantages, such as the amazing climate, sunny weather for more than 300 days a year, famous beaches, healthy cuisine and an attractive traditional culture. Your children can receive an excellent education, and parents – one of the best levels of medical care. Today this country is recognized as the best country...
The landlord can call the police in Thailand
Rents: Can landlord and tenant freely agree on rents in Thailand? Rents are freely negotiated. Rents are not usually adjusted for the duration of the fixed contract period. Landlords are required to notify their tenants in advance of pending rent adjustments, usually coinciding with the renewal of the lease agreement. Deposits Landlords usually receive...