What are the pros and cons of investing in real estate in Thailand, why many have followed?

The benefits of investing in real estate in Thailand, first of all, is the freehold, the sale is the use of the area, does not include the common area, simple procedures, low closing costs, supporting good. The disadvantages, you can rent, but it is illegal to invest in a bed and breakfast, you can only sell it to foreigners, Thais are not interested in second-hand houses, so the efficiency of selling real estate is low.

I, investment in Thailand real estate need to consider what factors

Investment in overseas real estate, whether it is Thailand or other countries, the main consideration of security, reliability, stability. Thailand's investment environment is safe, it depends on the reliability of the project. It is best to go and inspect it yourself. In Thailand there are now many projects are chartered, so the stability of the investment has a certain guarantee, there is also the stability of the real estate market, Thailand's real estate bubble in the financial crisis in 2008 has been squeezed, and now the real estate market is in a more stable stage. Coupled with the fact that Thailand is now in a rising stage of economic development, so now investment in Thailand's real estate as long as you find the right project is feasible.

Two, the disadvantages of buying real estate in Thailand

1. buy real estate can not migrate

Thailand is a non-immigrant country, no matter what kind of house you buy, you can not join the Thai nationality. Therefore, the people who want to completely transfer assets to run, or want to find an intermediate springboard and then run to other countries of the landlord, can only move to choose the immigrant countries. At this point, be careful not to be fooled by some ill-intentioned agents. Neither immigrants, nor obtain long-term or permanent residency, the most current visa option is a tourist visa, a maximum of one quarter at a time.

2. Cheap house prices and high property management fees, but the quality of service is far superior to the domestic

Most condominiums in Thailand have property management fees of 45-65 baht per square meter, which is about RMB 9 yuan, or even higher. For a two-bedroom apartment of 90 square meters, you will have to pay about 10,000 yuan a year in property management fees.

3. Not all condominiums allow you to open a B&B

The number of tourists flying to Thailand is rising every year, and in addition to hotels, young people would like to try to live in different styles of B&Bs, and B&B-type short-term rentals have become a market vacancy, with demand outstripping supply during the peak tourist season. Many Chinese people invest in Thailand to buy houses in order to make more profits by doing B&B. But don't think that if you give it to a third-party company to take care of, you can easily be a hands-off shopkeeper, and you will be traveling to and from Thailand many times due to many chores at any time, so don't consider it for office workers. However, many condominiums in Thailand are expressly prohibited from doing Airbnb, as it is not conducive to the overall management of the condominium. It is also illegal to operate a daily rental without a license, and when you are caught, you will not only be fined, but even imprisoned, so don't take chances!

4. Traffic is a problem, and you'll be stuck in a traffic jam

Bangkok is an internationally renowned city of traffic jams. The city is known for its traffic jams, and it's a great place to get stuck in. The BTS was crowded during rush hour, and the bus was so worn that it could be an antique car, and some of the wooden floors creaked, and the platforms were not annotated with clear routes, and many of the routes could not be found on Google, so foreigners should give up public transportation ~ most people will choose to travel by cab, but many cabs do not play the table, and ask for a price for every car to ask the words "By Meter"? It's also tiring.

5. too many routes, defenseless

In foreign countries, the most common is the Chinese cheat Chinese, Thai real estate developers, agents and intermediaries market, at least half of the Chinese, the new way of playing and new sets of endless, with ten brains to buy a house may fall into the trap, step on the small pit even if it is afraid of the loss of a large sum of money in the end to buy a problem house.

Three, suitable for investment in real estate in Thailand

1, if in order to children in Thailand on the international school, to enjoy good educational resources, have a happy childhood playing in the sea, is to consider going to Thailand to buy real estate, after all, Thailand's health care, the natural environment, food than the domestic a lot of better than the international school tuition fees than the domestic cost-effective, the happiness of the residents of the index can be felt.

2, if you because of work, business, or have some family background and Thailand related, need to go to Thailand high frequency, or just like in the seaside residence, to stay a few months are still enjoying the local human culture, natural environment, you can consider buying a house in Thailand. After all, the revenue from the property itself is not all you think about, what you care about is the convenience, the close connection with Thailand, and the physical and mental feeling that you get, it's a kind of comprehensive revenue.

3,? It is better if you can make some money from your investment, but if you can't, you will be happy with your own home. If you buy a house in Thailand with this mindset, of course, no one will stop you. Thailand house repair beautiful, comfortable climate, seaside scenery pleasant, good service, low prices, spend the same amount of money in Beijing can only buy a second-hand old rags, and in Thailand can buy a real mansion ~