The blog about real estate and life in Thailand.
Taxes on real estate in Thailand.
It is no secret that Phuket is one of the most popular destinations in Thailand and in general, one of the most popular tourist destinations in Southeast Asia. And since the tourist flow is consistently high, then investing in Phuket real estate is more than profitable. How much taxes do you need to pay to buy your perfect house on paradise island?
Most important questions about property in Phuket
In this article, we will discuss the most frequently asked questions when buying a villa apartment or house in Thailand. We will consider the example of buying a property in Phuket, but the same applies to buy real estate on other popular resorts in Thailand (Pattaya, Samui, Krabi, Hua Hin).
What is a condominium in Thailand?
The definition came from the UK and is applied in real estate. A condominium is a property form of real estate where each apartment has own owner, and all common areas, technical rooms, facilities of the housing complex, and the enclosed territory are the property of all owners. The form of ownership is popular in many countries of the World, including in Thailand. Therefore, if you decide to buy an apartment in Thailand, you will definitely come across it.