Leon ********
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Leon ********
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Leon ********
@Michael *******
correct. That 49 % actually includes leases as well. Total of leases AND freehold may not exceed 49 %. So even your freeholds are limited within that 49 %.
Leon ********
@Will *****
i tried twice to buy xtra condos. Everytime deals were cancelled in the end due to this very fact. The law is very specific in this regard.Only a certain percentage of condos may be sold in freehold, rest as lease.
Leon ********
@Will *****
No so. You have to specifically insist on freehold. When you see condos for sale you will find they are on lease.( unless they state it clearly when advertised ) In my case my condo became 1500 000 baht more expensive because i demanded ownership.You will then get a " blue book" to confirm actual ownership/ freehold. If you dont have that you will not have freehold.
Leon ********
@Will *****
you make a choice when you buy the condo. 30 year lease or freehold. ( freehold costs more but your family can inherit it one day ) ( blue book important)
Leon ********
@Michael *******
You can have a Condo under your name in freehold. And when you sell it you can take the money out of Thailand, if you bought it originally with funds from outside Thailand.
Leon ********
@Patrick *********
moenie stories glo nie. Dis nie so erg nie. Jy kan jou eie eiendom onderhou. Ek onderhou my eiendom self sedert 2012. Heeltemal wettig.