Thailand, with its beautiful beaches, rich culture and hospitable people, is a dream location for many considering buying a holiday home abroad. But what makes Thailand so attractive? And what should you look out for when buying a holiday home in this exotic country? In this blog, we dive into the popular regions, benefits, and laws and regulations surrounding buying a holiday home in Thailand.

Advantages of buying a holiday home in Thailand

Why invest in a holiday home in Thailand? Here are some compelling benefits:

• Value Increase: The property market in Thailand has experienced steady growth in recent years, which means an investment now can be profitable later.
• Cultural Experience: With a holiday home in Thailand, you can enjoy the rich culture and warm hospitality of the locals at any time.
• Rental income: Especially in tourist resorts like Phuket and Koh Samui, renting out your holiday home can be a significant source of income.
• Holiday spot for you and your family: Instant access to your own accommodation makes spontaneous travel a lot easier and more affordable.

Laws & regulations in Thailand

Buying property in Thailand can present some challenges due to specific rules and regulations. Here are some key points to keep in mind:

• Ownership of Land: Foreigners cannot buy land in Thailand, but they can own buildings. A 30-year lease structure is often used for this purpose.
• Condo ownership: Foreigners can own up to 49% of condo units in a building. This is often the easiest way for foreigners to own property.
• Legal Advice: It is highly recommended to hire a local lawyer who specialises in real estate to navigate through the process and make sure everything goes according to the law.

A holiday home in Thailand, the bottom line

Buying a holiday home in Thailand can be not only a dream come true, but also a wise investment. From the serene beaches of Koh Samui to the bustling streets of Bangkok, Thailand has something for every taste. However, it is essential to properly research local markets and regulations.

Are you interested in buying a holiday home in Thailand and want expert advice? Visit the Second Home Expo and discover all the possibilities! Our experts can help you every step of the way and provide you with the necessary tips and tricks.