Be prepared for a lot of uneducated answers and haters telling you to not buy property in Thailand.
Here is what you need to know:
Yes, when you buy a condo you can transfer ownership to foreigner, to Thai, to company.
However, whether you are buying a brand new condo or a second hand condo, you have to check with the juristic office if this condo is available for foreign quota.
When you buy new, the agent/developer will do it for you. When you buy second hand, the agent/owner will do it for you but you can also go and ask yourself.
If you want any more advice you can message me, I own a real estate agency.
You are getting so many uneducated answers, please read this and don’t pay attention to people who just comment for the sake of commenting.
When you want to rent an apartment you will need to pay 3 months worth of rent split as follows:
1. One month advanced, also known as the booking fee
2. Two months deposit, fully refundable at the end of your lease
The advanced month, also known as the booking fee, WILL COUNT as your first month of rent. This money IS NOT for the agent, this is for the owner and it’s your first month of rent.
If you pay a booking fee and the owner doesn’t want to rent to you anymore, the owner will refund your booking fee 100%
If you pay a booking fee and you don’t want to rent the apartment anymore (before signing the contact) you forfeit the booking fee to the owner (unless you agreed otherwise before paying for it).
Need to be even more clear?
Look at this example.
Say you go to see a room today, and right there on the spot you decide to sign the lease contract, meaning that you don’t need to book the room right? Because you are signing the full contract right away. You still need to pay 3 months which will be the 1st advanced month and the 2 months deposit.