How to buy real estate with a realtor in Thailand

Probably, when buying real estate in your country, you can do without an agent. Negotiations are conducted in your native language, documents can be easily read, the market as a whole is familiar, laws and geography are clear, all issues are resolved by your personal presence. But when choosing real estate in a foreign country, it would be good to find an experienced agent. In Thailand, the services of a realtor are free for you, in addition, an experienced agent can save a lot of money!

Before you start choosing real estate, it would be good to understand exactly “why do you need this?” It is very important to identify the tasks that need to be solved. This will help you buy what you need.

There are three main goals that the purchase of real estate solves: someone is looking for a second home, many pursue purely investment goals, and someone wants the family to have a comfortable vacation for 2-3 months a year, and the rest of the time the apartment / villa was rented out and brought passive income. Also, it has always been, but it has become more popular lately, people just want to diversify their capital, and real estate is always a stable investment.

If you have any doubts, an experienced realtor will always help you make the right choice and draw up a strategy for investment, which, in the end, will save you nerves, time and money.

Now let’s deal with the budget – you need to decide on the type of property (apartment or villa) and its cost. And if it’s an apartment, then what kind – a small studio or a three-room apartment with a sea view, or maybe it will be a private villa with a pool. Another important issue is location. If you have preferences regarding areas of the island and proximity to the sea, we will look for such an object; if there are no preferences, we can recommend something at our discretion. All this information is very important.

Once we have decided, we can proceed to the selection of the object. Of course, you can “turn the whole Internet” yourself, rent a car or a bike and drive around all the objects, spending all the time of your vacation searching. Our agency has complete information about the developers of the island. Therefore, after asking a few questions and understanding your preferences, we will be able to offer a number of objects to choose from. Our goal is to choose the best options and take you there in a comfortable car. Of course, completely free!

Over the years of work, we have often been in contact with developers and have established good relations with them, so we can offer our customers very favorable conditions: discounts, installments, furniture as a gift, etc. Developers do not always announce all the information, but they send out mailings to real estate agencies.

Many people think that the most important thing is to get a discount from the developer. But it is not always the case. Often, it is much more profitable to agree on a long-term installment plan or get a free furniture package, which can cost up to 15% of the apartment price. The long-term installment plan you receive will allow you to rent out the apartment and pay the remaining cost from the rental income.

When purchasing real estate, you should carefully review the contract as it outlines your rights and responsibilities as a seller. If you are purchasing a property under construction, it is especially important to look at the contracts of major developers, which we have already vetted and which our clients can rely on. Use qualified agents to save money on legal fees and avoid potential seller disputes and problems down the road.

Before each payment for real estate during the construction phase, you must ensure that construction is proceeding exactly on schedule. We regularly visit construction sites and provide you with video reports about the construction process. In addition, we also accept the property on your behalf before registering it. We assure you that we will not accept the object until all minor flaws are eliminated. This will allow you to save time and money on traveling to Thailand to inspect the property and accept the property.

Each real estate purchase transaction can take from several months to several years. During this time, we become a team and our cooperation does not end after registering the object. We help our clients with solving various issues, including withdrawing money to pay for an object, and also help resolve household, tax, legal, visa and other issues.