How to buy a Holiday Home in Thailand

Thailand is one of the best destinations to buy a holiday home. With breathtaking landscapes, quiet towns, and lively cities, what’s not to love? In the Land of Smiles, there is a place for any type of personality. Whether you like the view of skyscrapers or the sound of the beach, you will find the setting that suits you best.

Since there are so many options for you to choose from, here are some tips to finding that perfect holiday home in Thailand:

Your Price Range

When looking for a vacation home, consider your budget and how often you will want to visit. The enjoyment you will get out of this holiday home will help determine what you want to spend on it. Stick to a budget that you can afford and one that will pay off in the long run. There are a lot of costs to consider. Some may be more obvious than others, but there will certainly be some costs you might have completely forgotten to consider – the cost of your flight to Thailand, for instance.

The other costs that come with along with owning a place in Thailand include maintenance,  taxes, association fees, lawn care, garbage collection, and more. These things may be written in your contract, but if you buy a villa, you will need to factor in these costs by yourself. Think about what you will need to spend to furnish and make it a livable space while you are there on vacation.

Also, prepare for a big down payment that will come with being a foreigner looking to buy property in Thailand. This down payment can be quite large, sometimes even hitting up to 40%, if not the whole cost. Be prepared to spend and put down a significant amount of cash when buying a house, villa, or property in Thailand.

Find Yourself a Good Lawyer

When it comes to buying a home in a foreign country where you don’t speak the local language, it’s important for you to know what is going on at all times. You will need to make sure that you have someone who can tell you about these contracts in detail – someone who knows how the laws work in that country and can interpret it in your language thoroughly to make sure you completely understand it before signing a contract or agreeing to anything.

Many things can go wrong, so it is essential that you understand the laws in order to follow and respect them. Real estate contracts can be long and complicated, so it helps to have a lawyer help you out with it. Do not take any chances. It is better to be safe than sorry, especially when it comes to legal documents.

Find Someone You Trust To House Sit

If you will be away from the house for long periods of time, it is smart to have someone watch over the house for you. While you’re away, have a family member or friend stay there and watch over your second home for you.

Even if you have a maid to clean or maintain the property, it’s best to find someone you genuinely trust to actually go check on the place frequently or even live there while you are in your home country.

Hua Hin Home Property has affordable apartments for sale in Hua Hin, along with condos & townhouses! Get in touch today to see how we can help.

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