property ownership

Real Estate Investment in Southeast Asia: Is This the Time?

Real Estate Investment in Southeast Asia: Is This the Time?

With booming cities like Bangkok, Ho Chi Minh City, and Bali offering high rental yields and affordable property prices, Southeast Asia has become a hot spot for real estate investors. This region is driven by rapid economic growth, an expanding middle class, and increasing foreign direct investment. From beachfront villas in Phuket to luxury condos in Kuala Lumpur, the opportunities are vast. But navigating foreign ownership laws and market volatility can be challenging. In this article, we break down the best investment locations, key strategies, and what you need to know before diving in.

leasehold vs. freehold

Leasehold vs. Freehold: What’s the Best Option for Expats in Southeast Asia?

So, you’re thinking about buying property in Southeast Asia. You’ve probably heard the terms “leasehold” and “freehold” thrown around a lot, but what do they really mean? More importantly, what’s the best option for expats like you looking to invest in a slice of paradise? Let’s dive into the nitty-gritty of leasehold vs. freehold property ownership, break down the pros and cons of...

A foreign couple standing together with their backs turned, looking at a modern condo property building in Phuket, Thailand. The building has a tropical modern style. A foreign condo ownership of the future. Discover The Newest Property in Asia

75% Foreign Condo Ownership in Thailand: Are You Ready for the Shift?

Thailand is considering a potential increase in the foreign condo ownership cap from 49% to 75%, which could significantly impact foreign investors. This change, alongside discussions of extending lease terms to 99 years, aims to attract more international buyers to Thailand’s property market. With increased foreign ownership, the real estate sector may see a boost in investment.

thailand property taxes - Discover The Newest Property in Asia

Thailand Property Taxes: Everything You Need to Know in 2024

Understanding property taxes in Thailand is crucial for making informed real estate investments. Key taxes include the Land and Building Tax, Transfer Fee, Specific Business Tax (SBT), Stamp Duty, and Withholding Tax (WHT), each affecting the cost of property ownership and sales. For example, the Land and Building Tax is an annual fee based on property value, while the Transfer Fee is typically split between buyer and seller. Additional considerations apply to foreign investors, such as ownership quotas and tax on rental income. Professional advice and planning are recommended to navigate these taxes smoothly.

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