Investing in Property in Thailand

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Last edited: September 25, 2024 at 05:24:31

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While western economies are struggling with all kinds problems and growth figures in Asia seem more promising, investing in property in Thailand may look attractive. Indeed, property in Thailand has shown significant increase in value over the past few years, although there are some significant risks too.

As for the prospects of property in Chiang Mai, especially for condominiums, have a look at Prospects & Analysis.

As for the ins and out of how to buy property, several questions can arise:

  • Can I own Thai property outright?
  • Do I have to put it in the name of my Thai wife?
  • Should I put it in the name of a company?
  • How do I find a good property?
  • What about the legal aspects?
  • What is the procedure to transfer the title deed?
  • Is there escrow in Thailand?
  • What contract do I use?
  • What return can I expect on my investment?
  • What are the risks?
  • What if I die, can I leave it to my children?

We'll give you an introduction into all these matters.

In the following, we distinguish:

  1. buying a condominium
  2. buying land and / or houses
  3. buying a shop / business

Comment by Jim D. from the USA: "Thanks for the reply, it's the best information on property in Chiang Mai."


Copyright: Chiang Mai Locator
DISCLAIMER: Any information about property on these pages reflects the personal opinion of our financial reporter and is meant purely informatively. No claim is made as to the exact accuracy of facts and figures nor about any future returns you can make by investing in property in Chiang Mai. Investing or di-vesting Thai property is not without risk, and the risk is to be assumed by you as an investor, and you only. Neither our financial reporter nor this site accept any responsibility to your financial decisions, which you make alone.

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