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If you have ever considered building to buying a condominum block in Phuket, or for that matter a very large house. You might not know one of the most hidden laws that nobody ever speaks about. Its the 80 meter law!
Buying a house in Thailand can be a tricky affair when one considers that only a Thai can buy land or a house in Thailand. For many years expats have used a Thai company or their wife to hold the property in their names. Nominee holders are used so lets look at the most common usage.
Buying property in Thailand is easy if you simply want to buy a condominium. The rules are set and easy enough to understand. The problems tend to arise when you want to buy a house, land or a condominium where there are already too many expat owners.
Even with the global financial crisis at hand, the property market in Thailand is still on the up. Property prices in Bangkok have been up in price by some 30% over the past 4 years. Buying property or any real estate in Thailand is always a good investment.
If you have ever considered building to buying a condominum block in Phuket, or for that matter a very large house. You might not know one of the most hidden laws that nobody ever speaks about. Its the 80 meter law!
Even with the global financial crisis at hand, the property market in Thailand is still on the up. Property prices in Bangkok have been up in price by some 30% over the past 4 years. Buying property or any