Ocean Worldwide Phuket Real Estate Podcast Por Ocean Worldwide Real Estate (Phuket) arte de portada

Ocean Worldwide Phuket Real Estate

Ocean Worldwide Phuket Real Estate

De: Ocean Worldwide Real Estate (Phuket)
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Welcome to "Ocean Worldwide Real Estate Insights," your go-to podcast for expert advice, trends, and tips on buying property in Thailand, with a special focus on the beautiful islands of Phuket and Samui. Whether you're a first-time buyer, an experienced investor, or just curious about the Thai real estate market, we've got you covered. Join us as we delve into the nuances of purchasing property in Thailand, discuss market trends, share success stories, and provide practical guidance to help you make informed decisions.Ocean Worldwide Real Estate (Phuket) Economía Finanzas Personales
Episodios
  • Know Your Rights: Foreigners and Thai Property Ownership
    Jul 31 2025

    Welcome to your essential guide on the rights of foreigners regarding property ownership in Thailand. Understanding the legal framework is critical for expats and international investors looking to navigate Thailand’s complex real estate landscape with confidence. Land ownership is broadly prohibited for foreigners, except in rare cases such as inheritance with ministerial approval or special investment incentives, which allow limited ownership under strict conditions. Condominium ownership is permitted, provided foreign ownership in a project does not exceed 49 percent of the total area. Leasehold agreements allow foreigners to lease land for up to 30 years, with possible renewals, while superficies and usufruct rights provide alternative ways to use land or own buildings without owning the land itself. Some foreigners use Thai company structures, but these must have a true Thai majority, as nominee arrangements are illegal. Due diligence is essential—verifying title deeds, checking for encumbrances, ensuring zoning and permit compliance, and properly transferring funds in foreign currency for condominium purchases. Seeking professional legal advice helps protect against risks such as nominee setups, unclear contracts, or fraudulent developers. With the right knowledge and legal support, expats can safely invest and secure property interests in Thailand.

    #ThailandPropertyRights #ForeignPropertyOwnership #CondoOwnershipThailand #LeaseholdThailand #UsufructThailand #ThaiPropertyLaw #SafeInvestmentThailand #AvoidNomineeSchemes #TitleVerification #ExpatInvesting

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    15 m
  • Thai Property Contracts: Step-by-Step from Deposit to Deed
    Jul 30 2025

    Welcome to your step by step guide on Thai property contracts from deposit to deed. This essential overview simplifies the entire process foreign buyers should follow when purchasing real estate in Thailand. Begin with a reservation agreement and deposit, usually between 5 to 10 percent, then move on to a carefully reviewed Sale and Purchase Agreement with clear payment terms, handover dates, and tax responsibilities. Foreign condominium buyers must transfer funds in foreign currency through a Thai bank to obtain a Foreign Exchange Transaction Form, which is required at the Land Department. The final stage takes place at the Land Office, where taxes and fees such as transfer fees, stamp duty, withholding tax, or specific business tax are settled and the title deed is officially transferred. Proper due diligence including verifying title deeds, checking for encumbrances, confirming zoning, and engaging legal counsel is critical to protecting your investment.

    #ThailandPropertyContracts #PropertyPurchaseThailand #ForeignBuyersThailand #ReservationDeposit #SalesAndPurchaseAgreement #FETForm #TitleTransferThailand #ThaiLandOffice #DueDiligenceThailand #SafePropertyInvestment

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    22 m
  • Phuket Property Due Diligence: Verify Before You Buy
    Jul 29 2025

    Welcome to your essential guide to property due diligence in Phuket. Intended for expats and foreign buyers, this guide walks you through all the critical steps to verify before committing to a purchase. It covers how to check property titles, confirm developer credibility, review land-use zoning and building permits, and ensure accurate fee and tax disclosure. You’ll learn best practices for verifying leasehold or freehold arrangements, understanding condominium quotas, and conducting physical inspections. The guide also emphasizes the importance of proper fund transfers, use of qualified legal professionals, and accessing reliable translation resources. By thoroughly validating every aspect of the transaction, you’ll minimize risks and make a more secure investment in Phuket property.

    #PhuketDueDiligence #PhuketProperty #ForeignBuyersThailand #RealEstateCheck #PropertyInspection #DeveloperVerification #LegalReview #CondoQuotaThailand #ThailandPropertyLaw #SafeInvestmentThailand

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    20 m
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