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Frequently Asked Question

Q. How can foreigner purchase land and property in Thailand ?

A. Under Thai law if you are not Thai national you cannot own land or property in Thailand

-You can buy in company name you have to set it up for company foreigner national can only own 49% of the company and would need a Thai national as a 51% partner or nominee in order to form the company

-You can lease and have it registered in their own name at the land register office these lease are usually for 90 year (30x3year)

Q. Is there a financing situation available for potential purchasers to take advantage of?

A. As a consequence of the recent financial crisis in Asia , no local (Thai) banks or finance houses are either willing or legally able to offer mortgage facilities to non-Thai nationals

Q. Can foreigner lease out their home to other people?

A. In Thailand , There are no restrictions for the owners to use their properties as are entirely commercial venture, for example to rent out their homes.

Q. If some point in future I should desire to sell my property how it easy?

A. For that area we built the villa next to Laguna and not far from the sea we have mountain view and sea view and villa are well designed properties in the right location usually sell very quickly at good premiums so easy to sell

Q. if I buy on a development who will manage the development will provide following services to the common area

A. 24 hours security service

B. common road lighting

C. Garbage collection

For the maintenance charging if you pay one time sinking found we will charge 400,000Baht or you can pay per month we will charge 8,000Baht for every month

Additional service within your own dwelling such as

Water, electricity, telephone, ect will be the responsibility of the owner



RESIDENCE PARK PROPERTY CO.,LTD.
100/316, Chaloemprakiat Ror 9 rd., T.Ratsada, Muang, Phuket, Thailand. 83000.
Tel + 66 (0) 7626 1772-3, + 66 (0) 7637 6236
E-mail: sales@phuket-andaman-tropical.com | www.phuket-andaman-tropical.com
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