Krabi makes for an excellent investment holding. Despite the political turmoil in Thailand there has still been a huge investment in Thailand. Property prices at the top end have come down in Krabi and now might be the time. Property and commercial investors see Thailand as a good location for investment as the property taxes, investment incentives and the location of Thailand in Asia makes it an ideal spot for any corporate regional office.
Krabi property has also seen a huge investment with new property developments in the area. With the global property market on the up, Krabi still has a huge amount of investment potential as prices in the upper sector has come down. Right now Krabi is an investors paradise as the bottom and mid range villa and condo units are still selling well however the top end projects are lowering their prices to make sales.
Buying any form of real-estate in Thailand can have more than the average problems. Firstly you don’t speak the language, read the Thai script for for that matter know the laws or the land measurement system. Why risk your investment by not using us at Siam Legal. With offices in all the major tourist cities of Thailand, we are best able to serve your needs, be it in Krabi or Issan. We are always able to help. Speak to us today by visiting our main website.
Real Estate taxes in Thailand are calculated under 6 basic rules when it comes to the sale and transfer of any property. We will give you the basics of what to possible expect when buying in Krabi or anywhere in Thailand. The first tax for any real estate transfer in Thailand is the income tax or withholding tax.
If you are looking at buying property in Thailand you would need to know what land measurements are in Thailand as they are not anything like the West. Do you know the size of a Rai of land? Buying any real estate in Thailand or Krabi always involves measurements. Say you want to buy a condo or a villa in Krabi and the measurements of the property is 1 Talang Wah. Well that is 4 square meters.
If you are looking at buying real estate in Krabi then speak to our lawyers first with regards to the classification of land and the use of title deeds in Thailand. Not all land in Krabi can be sold. Buying land in Thailand that is totally freehold land requires what is called a Chanote or Nor Sor 4.