Hotels for sale in Chiangmai

We feel it is a good time to buy property in Thailand but the bubble is boiling. Banks are lending apart from the South as at Oct 2004 & prices are now dropping due to the insecurity of the present economic situation-apart from oil. However beach resorts and places like Pattaya are still in demand and land and property is overpriced but due to demand exceeding supply is now a favourite haunt for foreigners. Thailand SET index has also been dropping as foreign investment is tending to shift to other countries. However with Thailand there is now greater interest to invest with more money being spent on development & opportunities appear alive and well apart from new apartment block developments due to the oil price rises.

BANGKOK REAL ESTATE GO TO: www.bangkokrealty.biz

CHIANGMAI REAL ESTATE GO TO:

www.chiangmairealty.com

THE BEST LAW WEBSITE IN THAILAND:

www.chiangmailaw.com

To date foreigners may own

- a unit in a registered Condominium

- a building (as distinct from its land)

- a registered leasehold of up to 30 years for all types of titled land (and/or buildings).

- a company can purchase land and buildings

- more than 40% of a condominium unless done in Company form.

- can own 1 Rai of land if you spend 40m baht outright.

However, a 30-year lease can be a good idea with right to renewal to a freehold purchase, or a Thai company (7 PARTNERS) can be established. Check out our handy tips you need when purchasing a house in Thailand or write and ask us. [ Buying hints ]

Wanting to purchase a Commercial property in Thailand then we can help you. We have at the moment Hotels & entertainment complexes in ChiangMai selling on behalf of their owner. Please refer to the section [propertybuying ] guide if you are not sure about your rights and how to purchase. We are privileged to be able to work for you whether you are buying or selling. We are a foreign/Thai owned company & ready to serve your interests.

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