Hello, I am the live-chat moderator for an estate in Pattaya in Thailand, a real company in order to get many requests, questions about the property line of Pattaya, businesses and land. One of the most popular questions I can own a condominium in Pattaya on my behalf? Amazing how there is a lack of information about this topic in the countries of origin of these visitors, if you are not familiar with Internet research and information as they believe, can not or do noteveryone is a web surfer.
My answer is yes, chat with visitors, it can be a building in his name in these conditions at all the condo buildings in Thailand 51% of the units must be Thai citizens, the law in Thailand and the rest from private Held 49 % by a foreigner may, for example, 100 units in a building must be owned by Thai owned 51 of the remaining 49 foreigners can buy. This leads to a very important point, usually assigned in 51% of Thai Pattayaowned equipment is never sold, which mostly foreigners to buy condominiums.
What happens now, especially with new projects, when you say buy a condo in a name that your Thai wife or Thai partner to buy at reduced prices as a developer or owner do not want the house empty, unsold. Now it's your decision, I can buy my name or my name Thai partner and save perhaps 20% of the purchase price?
There are many new developments in Pattaya and Jomtien unscheduled builtNow, some 3 in the 4th or the initial stock of all the previous units. These are not just a condominium with swimming pool, modern design European resort with all amenities. Most of these projects offer low deposit and no interest for 2 to 5 years.
This is another topic for another article to be treated first. I look forward to your comments, suggestions or questions. Thanks.
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