Buying a apartment or condominium in Krabi, is perhaps the
simplest and easiest option available to foreigners. The only
restrictions on purchasing a condominium, are that the percentage
of units sold to foreigners cannot exceed forty nine percent
(49%) of the total number of units in the condominium block;
and that the funds used to buy the condominium have been remitted
from abroad and correctly recorded as such by a Thai Bank on
a Tor Tor Sam. Purchases of condominiums by foreign individuals
come under the jurisdiction of the Condominium Act B.E. 2535
(1992). The owner of each condominium is issued with a certificate
of unit ownership. The certificate also has a statement saying
exactly what percentage of rights over the common areas of the
building each owner has.
Learn more about
How to buy property
Foreign Ownership over the Land
in Thailand Buying a apartment
or condominium
Property Tax in Thailand
Thailand Land Titles
Thailand Measurement of
Land
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