Residential real estate offers Bangkok 2023 from 9asset: When it comes to rent or lease of immovable property in Thailand foreigners have the same rights as Thai nationals. Lease of immovable property (land, house, condominium) for residential purpose is governed by Civil and Commercial Code (sections 537 to 571) and further specified by the Thailand Supreme Court. Foreigners are under Thai law allowed to lease real estate property for terms of up to 30 years. Whether it concerns a lease of an apartment or land and/ or house for residential purposes by foreigners there is no requirement of bringing foreign currency into Thailand, as opposed to buying a condo unit freehold or leasing commercial property under the ‘Hire of Immovable Property for Commerce and Industry by Aliens Act’. Discover more info on Condo near skytrain in Bangkok.
9asset provides 37,087 lists of Condo for sale in Bangkok province, update August 2023, offered by both owner/s and real estate agents, most of Condos in Bangkok are located at downtown Bangkok city, near universities, international school, shopping mall, hospital and other popular areas, there are many types of Condo for selection, such as studio, 1 bedroom, 2 bedrooms, 3 bedrooms, 4 bedrooms, 5 bedrooms, 6 bedrooms, penthouse, duplex, triplex and loft type, some of them are come with fully furnished, ready to move in, some are standard decoration, perfect layout design with good quality, variety style facilities are provided at common area in each project, such as swimming pool, fitness, Jacuzzi, sauna, steam, 24-hours sercurity, parking, library and multi purpose room, starting price less than 1 million baht, meet the requirement of people who looking for Condo in Bangkok province. owner/ss are enjoy the value and price appreciation after bought Condo, it is a good idea to rent it out to earn passing income as well, also can sell it out after hold for a certain period.
The rights and duties of the employer and the employee are generally governed by the Labour Protection Act(LPA) and the Civil and Commercial Code. Generally, under Thailand employment laws an agreement between the employer and the employee cannot be less than the minimum standards or requirements set by law. The maximum probationary period permissible under Thai employment law is 120 days. All employers are required by labour law to provide at least 13 official public holidays per year, and six vacation days after one full year of service. Apart from salary, all benefits arising from employment are regarded as assessable income subject to withholding tax at a progressive rate.
Renovating improves the house value : Renovation can turn into a nightmare if your builders or subcontractors fail to do a good job. Always be suspicious of an estimate or quote that is considerably cheaper than all the others, or someone who is available for work immediately. Ask for references, and speak to their previous clients. The golden rule when refurbishing older buildings with solid walls is to use traditional materials that are compatible with the way they were originally built, i.e. lime-based mortars, renders and plasters, rather than anything containing modern cement. Old buildings with shallow foundations are affected by seasonal ground movement and because cement is very brittle it tends to develop small cracks. This allows rain to penetrate, which then can’t escape. Modern paints applied to walls can also cause trouble by blocking natural evaporation.
Break Down Your Income & Expenses: Credit for this one goes to user GeekLimit on Reddit – one of my favorite personal finance tips! This is an odd little trick that can change the perspective you have about your money, and help you budget better. It’s all about breaking your income and expenses down into daily values, like this: You make $2,500/month = ~$83/day. You pay $800/month for rent = ~$27/day. You pay $200/month for car insurance = ~$7/day. Everything else (food, phone, gas, etc.) comes to $750/month = ~$25/day. That means you’re left with $24/day in spending money. Want to save $1,000 for a nice vacation? You’ll have to save about 42 days worth of your spending money. That means 42 days of not spending a dime. Want to buy a new $10,000 car? That’s about 416 days worth of your spending money. This will help you see how far purchases are going to set you back and affect your spending ability.
When looking at homes, you should seriously consider ignoring paint and landscaping. These are two items that are easy to fix, and they should not impact your decision making when purchasing a house. If the home has a terrific location and the paint/landscaping is poor you shouldn’t rule it out, you have to be able to envision what the house will look like when you move in and make changes. A lot of time buyers will not be able to overlook paint or landscaping and this gives an opportunity for others who know how easy it is to fix. Location is something you can’t change, paint and landscaping is something you can.
Selecting a lender is a matter of personal preference. Many people often shop around, looking for a lender that offers the lowest rate. More often, however, people will choose a lender based on a referral from an agent or friend. Most lending institutions will offer the same basic programs, such as FHA, VA, conventional fixed rate, etc.; and most will meet or beat another lender’s rates. What usually separates one lender from another is their “niche” product. An example would be a lending institution that specializes in low down payments, as compared to another that specializes in self-employment financing. Most agents will be able to point you in the right direction based on your particular situation.
Today’s buyers are very educated about comparable sales in your home’s area. You want your home to look like it is a great deal. In order to compete with other sellers, you should have your Realtor provide you with sales prices for similar homes that have already been sold in your area. Find out what your home is worth and then set your selling price 15% to 20% lower. By doing so, you will get multiple bids and more than likely end up with a bidding price that is well over what your home is worth.
Here are some real estate tips: There are other loan programs that can make sense too, such as the 5/1 ARM, which often get swept under the rug. Make the choice yourself. If you’ve done your homework and are in good financial shape, you should be able to get your hands on a very low mortgage rate in 2023. In fact, mortgage interest rates are historically amazing at the moment and could even reach new depths depending on what transpires this year. Once again, the 2023 mortgage rate forecast looks excellent, so they may stay put for awhile longer or even hit new all-time lows. In terms of financing, it’s still a great time to buy a home. Consider that the silver lining to an otherwise pricey and competitive housing market. Of course, with home prices creeping higher and higher, even a low interest rate may not be enough to offset that growing monthly payment. So always make time to shop to ensure you get the best rate and the lowest fees, even if financing is on sale. Read additional details on 9asset.com.