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condo unit
Condo Investments
Phuket is perhaps the top performing tourist destination in the Kingdom. Of course, as an investor, you’d naturally see a lot of opportunities to earn income from that distinction. There are many ways you can earn residual income in Phuket, and the best way perhaps is to put a condo investments up for lease.
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Condominium Unit in Thailand
The condominium is the ideal investment for any foreigner in Thailand. It’s the only the form of real estate that expats and foreign retirees can place their money into, as according to the laws of Thailand. The 1979 Condominium Act of Thailand lays out the rules for foreign ownership of condominium units in the country....
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Thailand Condo Unit
We have mentioned several times that it is totally legal for a foreigner to acquire a condominium unit in Thailand. To recap, Thai law makes a provision for foreign ownership of condos provided that 60% of the units in the project are reserved for Thai locals. If the remaining 40% allowance has been bought up...
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