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Thailand Real Estate Investors & Networking. 28/11/2013 by Nick Pendrell & Stefan Picot. Why Buy In Thailand?. Why Buy In Thailand?. Substantially Cheaper than other major SE Asia Countries. Why Buy In Thailand?. Substantially Cheaper than other major SE Asia Countries
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Thailand Real Estate Investors & Networking • 28/11/2013 • by Nick Pendrell & Stefan Picot
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries • Capital Growth of 8.3% per annum
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries • Capital Growth of 8.3% per annum • High Rental Yields of 6% - 10%
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries • Capital Growth of 8.3% per annum • High Rental Yields of 6% - 10% • Benefits from ASEAN entry in 2015
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries • Capital Growth of 8.3% per annum • High Rental Yields of 6% - 10% • Benefits from ASEAN entry in 2015 • Suvarnabhumi Airport becoming hub for SE Asia
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries • Capital Growth of 8.3% per annum • High Rental Yields of 6% - 10% • Benefits from ASEAN entry in 2015 • Suvarnabhumi Airport becoming hub for SE Asia • Major Investment in Country’s infrastructure
Why Buy In Thailand? • Substantially Cheaper than other major SE Asia Countries • Capital Growth of 8.3% per annum • High Rental Yields of 6% - 10% • Benefits from ASEAN entry in 2015 • Suvarnabhumi Airport becoming hub for SE Asia • Major Investment in Country’s infrastructure • What About a Bubble?
Why Do You Want To Invest? • Buying for personal use
Why Do You Want To Invest? • Buying for personal use • To make a quick buck
Why Do You Want To Invest? • Buying for personal use • To make a quick buck • Buy to flip
Why Do You Want To Invest? • Buying for personal use • To make a quick buck • Buy to flip • Buy to rent
Why Do You Want To Invest? • Buying for personal use • To make a quick buck • Buy to flip • Buy to rent • Buy to hold
Why Do You Want To Invest? • Buying for personal use • To make a quick buck • Buy to flip • Buy to rent • Buy to hold • What is your exit strategy?
The Basic Questions • “I want to buy a property”
The Basic Questions • “I want to buy a property” • How much do you have today?
The Basic Questions • “I want to buy a property” • How much do you have today? • Not Thai? Forget mortgages!
The Basic Questions • “I want to buy a property” • How much do you have today? • Not Thai? Forget mortgages! • How much can you comfortably save each month?
The Basic Questions • “I want to buy a property” • How much do you have today? • Not Thai? Forget mortgages! • How much can you comfortably save each month? • Types of property to consider
The Basic Questions • “I want to buy a property” • How much do you have today? • Not Thai? Forget mortgages! • How much can you comfortably save each month? • Types of property to consider • Buy with your head, not with your heart
The Basic Questions • “I want to buy a property” • How much do you have today? • Not Thai? Forget mortgages! • How much can you comfortably save each month? • Types of property to consider • Buy with your head, not with your heart • Avoid “paralysis by analysis”
The Legal Basics • Can foreigners buy in Thailand?
The Legal Basics • Can foreigners buy in Thailand? • Condominiums: Foreign 49% / Thai 51%
The Legal Basics • Can foreigners buy in Thailand? • Condominiums: Foreign 49% / Thai 51% • Is it safe to buy with a Thai company?
The Legal Basics • Can foreigners buy in Thailand? • Condominiums: Foreign 49% / Thai 51% • Is it safe to buy with a Thai company? • Funds must be sent from overseas for foreign buyers
The Buying Process • Do your research
The Buying Process • Do your research • Check out the properties
The Buying Process • Do your research • Check out the properties • Sleep on it
The Buying Process • Do your research • Check out the properties • Sleep on it • Go back and check out the best ones
The Buying Process • Do your research • Check out the properties • Sleep on it • Go back and check out the best ones • Haggle for extras / discounts
The Buying Process • Do your research • Check out the properties • Sleep on it • Go back and check out the best ones • Haggle for extras / discounts • Fill in Reservation Form
The Buying Process • Do your research • Check out the properties • Sleep on it • Go back and check out the best ones • Haggle for extras / discounts • Fill in Reservation Form • Pay Reservation Fee
The Buying Process • Check, read and sign contract
The Buying Process • Check, read and sign contract • Make contract payment
The Buying Process • Check, read and sign contract • Make contract payment • Make interim payments
The Buying Process • Check, read and sign contract • Make contract payment • Make interim payments • Check finished apartment
The Buying Process • Check, read and sign contract • Make contract payment • Make interim payments • Check finished apartment • Pay handover fee to developer
The Buying Process • Check, read and sign contract • Make contract payment • Make interim payments • Check finished apartment • Pay handover fee to developer • Pay extras (furniture / sinking fund / maintenance)
The Buying Process • Check, read and sign contract • Make contract payment • Make interim payments • Check finished apartment • Pay handover fee to developer • Pay extras (furniture / sinking fund / maintenance) • Pay fees to Land Department
Where & What Shall I Buy? • The laws of supply and demand
Where & What Shall I Buy? • The laws of supply and demand • Location, Location, Location
Where & What Shall I Buy? • The laws of supply and demand • Location, Location, Location • Foreign vs Thai ownership
Where & What Shall I Buy? • The laws of supply and demand • Location, Location, Location • Foreign vs Thai ownership • Bangkok vs Pattaya
BANGKOK Why Buy in Bangkok?