Phuket: a ‘treasure island’ for international investors
Phuket is one of Thailand’s main tourist destinations. Investors from all over the world put their funds into the island's infrastructure development. However, Phuket does not only attract prominent entrepreneurs: investors with modest budgets can also make money on local real estate. Tranio partner, the Phuket9 development company, explains how.
Buying and registering property in Thailand
To buy property in Thailand, you need a passport. If the property is registered to a legal entity, additional documents are required including a copy of the certificate of incorporation, memorandum of association, certificate of registration, list of shareholders and power of attorney (upon request).
Pick of the week: a snow-white villa on the Gulf of Thailand
Visas, residence permits and citizenship in Thailand
The Kingdom of Thailand is popular with tourists from all over the globe as well as downshifters looking to escape the expensive and humdrum life in the West and money-savvy pensioners.
Property maintenance costs in Thailand
Maintenance costs on a flat in a resort complex amount to about $1,400 per year. The exact sum depends on the living space, amount of energy used and the length of time spent there.
Mortgages in Thailand
"Thai banks do not provide mortgage loans to non-residents. What’s more, foreign nationals can´t get a bank loan for any purpose. There is only one legal way for them to finance their property purchases in the country, which is through the MBK Group," said Nikita Shcherbina, Director of the East-West Realtors Group, Tranio's partner in Thailand.
Taxes in Thailand
Taxes for property buyers and owners in Thailand are low in comparison to many Western countries.
Top 10 most magnificent malls in the world
Modern shopping malls have evolved into something far bigger than just retail centres. Some of them even give guests a chance to go skiing or take a submarine ride.
Surprising structures: top 10 unique designs worldwide
Among the millions of skyscrapers around the world, there are some truly unique works of art including malls that look like flying saucers, shoes and even a waterfall.
Top 10 countries for Russian property buyers in 2015
Russian buyers still dream of a second home overseas. Read on to discover the country’s top 10 locations in 2015.
Cheap property more likely to tempt Russian-speaking buyers abroad
Countries with lower property prices sell more to
Five reasons why you still need a real estate agent
Buyers often wonder whether real estate agents are necessary when buying property. At Tranio, we truly believe they are. Read on to find out why.
Russian recession stimulates commercial property investments abroad
Russian and CIS property transactions abroad are declining but demand for commercial property is picking up the slack.
Russians choose most expensive real estate abroad despite crisis
Russia’s recession has hurt foreign investments, but it has not affected their buying habits as buyers continue to seek out luxury residential property abroad.
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- Mortgage rates from 8.75%
