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Buyer's Guide
It is not a hassle any longer if you wish to have a residential place of your own in Thailand.
At present, Thai law is more lenient in terms of the residence available for the foreigners, permitting the foreigners to take ownership in the apartment (condominium) unit up to 49 percent of the total number of units of the apartment. Therefore, it is not a hassle any longer if you wish to have a residential place of your own in Thailand.

Reservation:
Present your passport together with 1 copy (For the customer who experienced buying realty, the spelling of name and last name in Thai language must be identical to those written on the document used in all other realty buying.) and the down payment money at the amount as designated by the Project. For more information, please ask the sale representative at the Project.

Money Transfer:
To buy the condominium unit, there are 3 methods you can choose for your most convenience.
1.
Open a saving account with any bank in Thailand. The account name must be identical to the buyer’s name.

2.
Transfer money to the bank account of Sansiri Plc. or prepare a bank draft payable to Sansiri Plc. Then, we will arrange all documents necessary for the transfer for you.

3.
If the condominium unit is bought under the company name which has been registered under the Thai ownership, the customer can transfer money directly through the company’s bank account.


Remarks:
In transferring money, the customer has to specify that this money is a payment for the condominium unit, including the full amount of buying price.

The minimum amount of money transferred is 20,000 dollar* (* the minimum amount is subject to change, the customer can check the most recent money transfer at the Bank of Thailand). Then, the bank will issue Foreign Currency Transaction Form for you.

Please keep all Foreign Currency Transaction Forms to use in the process of ownership transfer. The total amount of money transferred must govern the net price of the condominium unit bought.

Ownership transfer consists of:
1.
Passport stating the customer’s nationality and a Domicile Document (Tor Mor.11Mor Form, Tor Mor.15 Form, or Tor Mor.17 Form) issued by the Immigration Office, National Police Bureau, or an Alien Identification Document.

2.
Evidence showing the importation of foreign currency into the Kingdom or the evidence showing the deposit of money into the foreign currency bank account (Tor.Tor.3 Form). The total amount of money as shown in all evidences must govern the net price of the condominium unit bought. Tor.3 Form is available at any Thai commercial banks, with the signature and the bank seal on such form.


The details as stated above are the preliminary steps. Please ask for more information and details from our sale representative.

Definition of an investor:
An investor is a non-end user (a single person or several people) who wants to purchase shares, property, fixed interest and cash for a period of time and take the profit or value appreciation as a return on their investment. It's impossible to predict accurately how long is needed for an investment return but the investment return is always relative to the investment risk. Quite simply, the higher the risk, the higher the return and profit.

Part of the risk is in how much the value of an investment increases or decreases over a period of time. The return from an investment is the profit an investor makes from an increase in it's value.


Buyer's Guide
It is not a hassle any longer if you wish to have a residential place of your own in Thailand.
Why Invest in property?
1.
Tax Reduction Benefits (in some countries the interest paid on property will reduce the investor's personal income tax).

2.
Property investment can give both rental yield and appreciation in value.

3.
A property can be used as a second home or a holiday home

4.
Property investment is a lower risk than most stock market investments


Types of return from property investment:

1. Capital growth or capital gains
Capital growth is the increasing value of property over a period of time. It is believed that all property will increase in value over this period due to the economic status of the country and the location potential so these are the main factors to consider when deciding to invest. It is impossible to know how much the increase will be. It depends on several factors but the main advantage is that it's increasing no matter how fast or slow.

2. Rental income
Rental income is the monthly income a condo owner will receive from his tenant. Local rent prices are best researched by looking in newspaper classifieds, checking rental listings through agencies and by talking to local real estate agents.

What is 'Yield'?
Yield or rental yield is a term which is used to describe which property is a worthwhile investment primarily for rental income. Normally yield is the percentage of return with can be compared to an interest rate in a bank savings account. It is the percentage you get from the value of your property after expenses but before tax and can be a useful yardstick of whether property is over-valued or under-valued.

Yield is the gross annual rental income expressed as a percentage of the property purchase price. It can be calculated by dividing the annual rental income it generates by the price you paid for the property and multiplying that by 100 to get a percentage figure. This is what an investor can expect as a return on his investment. The higher value of yield does not always mean that the property is a good investment as it may also bring with it risks. A potential property investor will have to carefully think about all factors before making a decision. If an investor is in doubt of the yield they will get they can compared it with other types of investments to make an actual comparison, or alternatively find a good property agent to take care of this.

The purpose of investing in property:
1.
To receive rental yield.

2.
Purchase when not completed, and sell when completed.

3.
Purchase to renovate and/or develop new projects such as investments in land, hotels, shops and other purpose built rentals.


What do investors buy?
There several types of properties foreigners can invest in but it has been our experience that most foreigners choose condominium investments, mainly because it is easy to find tenants and also because the maintenance fees are cheaper than those in a single townhouse or shop house. The benefit of buying a condominium is they often located in central Bangkok and it's easily let to foreigners and commuters and earn enough rent for the bank installments.

If you are a specialist investor you may want to invest in land development projects and build new apartments in good locations near local transportation hubs and universities, before selling it on to another investor. Alternatively an investor could build boutique hotels, or a resort near to a beach or tourist attraction and gain visitors seasonally. This may at first be a large investment but in the long term the asset value will be double or tripled depending on how well the investor chose the location.



Buyer's Guide
It is not a hassle any longer if you wish to have a residential place of your own in Thailand.
Whether you are a condominium investor or a specialist investor Plus Property Agency can fulfill your requirements. We have a team that is expert in both residential and commercial business so please contact us to talk with one of our specialists in Thailand property investment. We will endeavour to find the most suitable investment for you with regards to your budget and your needs.

How to plan for a good property investment?
What are the main considerations? Whether you plan to purchase a property to let out or are buying real estate to renovate and sell later, you need to collect the relevant information, and complete your due diligence on your the investment. An investor needs to add up the costs from every single area of projected expenditure to be able to set up a realistic investment budget.

It is widely accepted that foreigners can invest in property abroad. Therefore it is crucial to study the market you will be investing capital into beforehand. Information can be found on the Internet as a secondary source, and good information can be gathered from local property agents but it is also advisable to visit the area and check the situation firsthand yourself. Please take your time when considering the factors related to property and also review the economic status in that particular market. It's worth learning and understanding the basic rules before making any decision.

Property Investment Criteria
1. Achievement Goals:
You must define your goals clearly, and look only at deals that can help you achieve those goals. For example, you must decide whether you are looking to build equity or receive a stream of cash flow. Some investors primarily invest in a holiday home for self use and others will buy scores of properties a month and not visit one. Whatever your goals, we strongly recommend taking the time to define these before starting to invest.

2. Property Type:
Another big decision is whether to buy a house or a unit. Old or new? Units are usually a much better proposition for landlords. They're easier to rent out and easier and cheaper to maintain. When the building needs work on it, the expense is shared with the other unit owners.

3. Layout:
-
Properties with a view are always more desirable than those without, and tenants like facilities such as balconies, internal laundries, undercover parking and security.

-
Functions and spacing

-
Design quality and efficiency

-
Interior and exterior design


4. Viability / Marketability:
It is vital to be concerned with this for a long term property investment. An investor needs to be able to see the future of an investment property and know how the project will turn out to be. If your data and your property agent foresee that the plot or unit is definitely increasing in value then it is worth your money.

5. Location:
It is a good idea to narrow your property search down by looking at the main factors concerning property location. Namely a property’s access to transportation, shops, schools, leisure facilities etc.

6. Security of Ownership:
You will need to check on property ownership laws before making an investment. How secure will it be if you buy it? Normally there are 2 types of ownership; free hold or lease hold. In Thailand, the law states that foreigners cannot own a land title. So most developers will do lease hold ownership for villa and house purchases. The period of lease hold will normally last 30 years but some may put in into the contract for 30+30+30 years depending on the developer.



Buyer's Guide
It is not a hassle any longer if you wish to have a residential place of your own in Thailand.
7. Financing and Property Management:
Where to find the money for your investment is a concern for some. You may already have some of down payment to spend in the first budget. But after that process is complete, there will be money needed for future expenses and perhaps a mortgage involved.

8. Costs incurred:
Make sure you add in every cost involved that you know will need to be paid regarding having searches and surveys conducted, legal fees, accountancy fees, insurance costs, likely interest payments on any finance required, taxation, connection of utilities, marketing for tenants or buyers, real estate agency fees, and of course don't forget to add on the cost of the property and the price of any renovation and refurnishing and decorating work required.

9. Taxation:
Taxation is also a factor that you must take into account before considering any investment. Unlike other forms of taxation, property taxation is a very complex subject and I would recommend speaking with a property tax specialist if there is anything you are not sure about.

How much risk can I afford?
The level of risk you can afford depends on what goals you have in mind. Generally you will choose higher returns but that usually means you will have to take higher risk and you may lose some money if the environment changes. So we’d better define the highest risk you are comfortable with first and then you will know how much money you can comfortably invest. Your fixed income, your expenses and your debts are the criteria to be concerned with before setting up your investment budget. If you are retiree or you are freelancer, your income is not secured; and you may need to be more cautious than others who have monthly salary.

There are books available and lots of free information on the Internet which clarifies how much budget people in any age group should invest i.e. stock markets, funds and other types of investment. The younger and middle aged investors can usually afford to take higher risks than older people.

Source : www.sansiri.com



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