In the fluctuating property marketing of Thailand, it is tough to find the best price for your property. No matter whether you’re buying the property or selling, staying updated or calculating property rate rightly is very important for you. Generally, house for sale in thailand is decided as per the infrastructure, current rate and connectivity.
Suppose you are the foreigner who wants to purchase property in Thailand, no matter whether a condo or villa but not sure as how it can be done. You are at the right place, here you can find basic breakdown on what has to be done or how you can buy right property in Thailand.
Find Right Deals
No matter whether you’re living in the row house or apartment, make sure you do proper research about recently sold property located in your area. You can check what matters with the property or sold one. Of course, the potential buyers may show a little interest in investing your property. Quoting the higher rate helps in the negotiation process too.
Select Property Agent
As you are looking for the property in foreign country you want expert local help. Real estate agent exactly knows the way to communicate in the Thai language and they are quite familiar with geographical area. Agent can save you some valuable time in choosing and showing you property in the price range, which meets your requirements.
Buying directly from developer will not save you any money when compared to buying the property here from the property agent. The quality property on sale is normally offered at the fixed rate by a Seller. Best benefit of making use of the property agent is they may act as liaison between you & the Seller. Also, they will get the fair rate for you as well as act for you to represent the best interests throughout this whole process.
Real estate makes a best investment
Irrespective of potential impact that current situation may cause, property is still the best investment that you can think of. Over past some years, property is valued much higher than it was. And suppose you have got tenants covering the mortgage payments, it makes the investment much more profitable.
Even developers who brag on the construction to be on par with the ‘European Standard’ get this wrong as fast tour of site exposes various corners being cut. There is no wonder why majority of the condos experience issues with construction within 5 years of completion.