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What is a condominium?Condominium is any apartment building. This is not entirely true, since it is not the type of construction, and the form of ownership of real estate in which the owner owned housing units (mostly flat in a block of flats) and the right to use the facilities, which is equipped with a residential complex. This includes the right of access to common areas such as corridors, stairways, elevators, playgrounds, parking, as well as access to the fitness center, swimming pool, tennis court, etc. For this monthly fee - condo fee. Buying property in a condominium, you are buying not only their own homes, but also share in the possession of all the apartment complex: the buildings, the land on which they stand. All landlords are legally members of the association of owners (HOA - Home Owners Association). Condominium management exercised by the Council of the owners' association of homeowners. The Council has the authority to determine the amount of payment and the right to collect it. Description condominium and any restrictions on the use of the premises, as well as creating conditions set out in the Declaration HOA condo. Other documents (charters) describe the powers and duties of the Board and the owners, the voting process at the monthly meetings, particularly important set of rules and restrictions, which defines everything from the conditions of service of public places to Pet and restrictions on the repair. Typically, these documents are in the public domain: the site condominium, office, or may be obtained upon request.
Policies real estate sales in the condo?Purchase and sale of land and real estate in Thailand registered at the Land Department. In the course of processing the transaction you will be given a document - «chanote», which guarantees your right to ownership of your purchased apartment. Chanot contains information about planning and prior sales of acquired property. All the information about the owner and the object point to documents in Thai. For both local citizens and foreign buyers, Chanote promises equal rights.
Can a foreigner buy property in private ownership in Thailand?Foreigners have the opportunity to purchase their personal property in a condominium apartment. According to the statute of 1974., Foreign citizens in this country have the right to own 49% of the apartments to condominiums. The remaining 51% should own Thais. When buying for yourself, a foreigner receives Chanot - a document of ownership issued by the relevant department of the Kingdom of Thailand. Chanote ensures comprehensive inheritance, possession, sale, etc. of the object specified in Chanute. It is important to know that according to Thai law land in Thailand can not be owned by foreign entities. Buy a private house in Thailand, no solution to the question on the ground impossible.
What can be difficult to buy a house or villa you need to know?Today, there are 2 ways to solve the problem with the land for non-residents (foreigners) who wanted to buy a house in Thailand or acquire land for construction.
The first method is quite common. On the territory of the Kingdom of Thailand registered company where founders are foreign citizen (you) or more individuals (eg, your family). A foreigner can own 49% of the company. 51% of the shareholders, the Thais, who sign a waiver of those same shares. Orders and transfers of property - foreign direktoru.Na the firm issued the title to the land and all: the earth, in fact yours. You can as well buy a house in Thailand, having issued construction on an individual - a foreigner (you), and the land under the house + garden - garden to make firm (your). Contents Company will cost 12,000 - 15,000 baht per year. Law firm will address this, and will be handed over to the "zero" balances.
The second way: the Earth is not acquired in the property and is leased for 49 years from the owner. In this case, the rent payable for 49 years from now (actually paid for the cost of land). And the power of attorney issued to the tenant with the right to sell the land. The advantage, no expenses for the establishment of the company and management accounting. All rights of the owner, including, and alienation (sale, donation, etc.) uastka land in trust to the lessee. Disadvantage is also obvious: the tenant of land legally is not the owner.
Who pays the real estate agencies in what language the contract is made, and what information is required?Payment service real estate agency in Thailand vegda pays the seller, both in the secondary market, and real estate developers. If the real estate agency you poprosli CPM objects or for any other service related to the purchase of housing, it is said nedoprosovestnosti. With these agencies do not have a case.
Contract for the purchase of real estate is made in Russian and English languages, legal authority vested with the English version of the contract. Sales contract must contain information about the seller, the object, the buyer, the information about the order of payment and transfer of the facility, project cost, and time period for which the contract is concluded. Prices do not vary from the developer on whether you get the apartment directly from the company-builder or a real estate agency.
What are the additional costs associated purchase of an apartment in Thailand in the secondary market?The amount of additional payments for the acquisition of an individual property in Thailand in the secondary market is established taking into account the estimated value of the object and the period when the house was owned by the seller. It is worth noting, the assessed value may be different from the price on the sales contract. Buyer and seller are usually paid in equal parts all payments associated with the sale of housing. Learn the value of the additional payment for a specific property is offered on our site, you can contact us.
How to solve the problem is inherited bought an apartment in Thailand? Is it possible to real estate in the property for two or more people?Owner of the apartment in a condominium has the ability to dispose of the apartment by inheritance. Data on the heirs can be specified in the document Chanot confirming property rights to the apartment. I must say the first heirs are spouses, followed by children and parents, if not, then a close relative - a man who has reached the age of majority and is the most senior. Property permitted to issue one, two or more people. You can also issue the document of inheritance in the notary office. In Thailand, the law firms are engaged. More on inheritance, gift and transfer of property, our experts advise you.
The primary or secondary market in Thailand? Where to invest correctly?Looking for any purpose to buy housing in Thailand. If you just want to make a profitable Investing, it is best to buy property from the developer. But it will be better to buy in the very early stages of construction. Developer seeks to sell more apartments in the initial stages of construction, because the amount of money received from the buyer will allow the construction company to a smaller size to take money from the bank. Many primary selling real estate, earn serious money, due to the fact that in the early construction of property prices is much less than when rented dom.I price difference from the start of construction at the time of delivery of the 30-50% of the original cost. If we compare the value of the primary and secondary housing - will be far less expensive real estate in the secondary market, when it comes to homes that are not new. However, the quality of construction would be quite different from what is now offering foreign construction companies.
Is there a difference between the prices for real estate in Pattaya and Phuket?Since the earth is always cheaper than on the mainland than on the island, it is only logical that in Pattaya advantageous prices (about 30%).
What size of utility bills for a two-bedroom apartment in Pattaya?The value of utility bills will depend on many factors, such as services available to property owners in a condominium or town. As hotels and inns, condos also have their own "star" - an indicator of comfort. Utility bills on average per month per m2 is 15 - 35 baht. These charges do not include the cost of water and electricity. For light and water are paid according pokazetelyam schetchikov.Ezhemesyachno you will come due to pay for those services .. Costs depend on how and how much you use elnektrichestvom above all the most bloodthirsty eaters energy - air conditioning .. On average, the cost of water and electricity in the 30-40-meter apartment with air conditioning will be around 1500 baht. a month.
What are the visa and how long you can stay in Thailand without a break?Depending on the purpose of travel are given pension, student, business and tourist visas. For people aged over 50 years is available annual pension visa. Student visa is for those who are sent to Thailand to study, say, the language courses. The main rule for foreign persons in Thailand - you have every 3 months to visit the immigration office to celebrate. Or leave Thailand, going, for example, in neighboring Cambodia and back.
The cost of renting a studio apartment? Can a citizen of another country to rent an apartment bought in Thailand? How many takes for the agency to deliver the services of real estate?We offer you our expert help in the search for tenants, for this you have to sign a contract with our company for the management of your nedvzhmosti .. No guarantee of a lease but state that the vast majority of real estate, which we give on rent, we rent. Price for rent studio apartments per month 8,000 - 30,000 THB, it depends on the location relative to the sea or the center square footage of housing, state apartments and houses in general, developed area around etc. For their services, we charge a commission rate that depends on whether the property is transferred only under our control or rent a few agencies, and the term of the lease, and is 10-15%. Get expert advice you can get from real estate spechialistov Land of Smiles.
Is it possible to buy an apartment on credit or payment by installments?To make a bank loan in Thailand, to be met several conditions. In the presence of a working visa and banking history is quite possible that you will receive a loan secured by property. Loan is 8%. Arrived on a tourist visa, not a loan installment predostavlyaetsya.S situation better. Hire purchase is available in the case of purchase of primary residence (ie the sale of a construction company, still under construction housing). Each builder offers installments on their own terms, having regard to the project. Resellers in Thailand usually involves credit.
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Do I need to bring cash to Thailand or simply list them in one of the banks?We believe it is more convenient to bring traveler's cheque or send money, it will be much less difficulty, in case you already have a bank account Tailanda.Ne despite the fact that in Thailand there are no restrictions on the import of cash , carrying a large sum - is risky. Money to buy real estate in Thailand sent necessarily showing in the "purpose of payment» - «investment».
The rainy season in Thailand, when to go?In Thailand, invisible serious climatic variations. The average temperature of 30 degrees. Climate - warm, sunny weather almost a year. Rains begin in Pattaya - in the summer. They are relatively short - a few times a day for 30 minutes and so on until the beginning of December. After the rain the air is very fresh, and the sun comes out again. The rainy season - high humidity. For high humidity most accustomed quickly. Therefore, going to Thailand during the rainy season should consider this feature and go on a little longer time frame, that would be a possibility oklimatezirovatsya. Almost everyone who goes to Thailand for the first time, fear of the rainy season. How real is this fear? Rather no than da.Sovsem confused? In fact, Thailand is always good, and the rain can go in December and January, or it can never be seen in August. But a variety of promotional programs and falling prices for hotels, tours and discounts in restaurants, make the stay very attractive in this period. And note that, at this time there is no tourist crowds in the most popular resort areas.
Can you, with your help to sell an apartment in Thailand or rent?Of course, you go to for the owners of real estate in Thailand - Trust management of real estate in Thailand
See also Articles: Need to know | Laws | Banks of Thailand | FAQ | Buying a new apartments | Remote buy an apartment