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"From hippie trail hangout to luxury international property market in a decade: Thailand obviously has a lot going for it. It’s become the most popular South Asian country for holidaymakers, and even the 2004 tsunami’s devastating blow has not dented the public’s fondness for this beautiful and incredibly hospitable country."

The Property Market in Thailand

Despite the terrible devastation of 2004’s tsunami, Thailand has not only bounced back, but is the pick of the crop for international market analysts, with headlines and quotes like: “Thailand property market promising”, “Thailand’s real-estate market records significant gains” and “Thai property market likely to grow 10 per cent this year.”

Following the cataclysmic tsunami that devastated much of Thailand’s west coast in December 2004, the country has been keen to encourage tourism and overseas property investment. Fortunately, the world has responded. Tourism figures are very near the level they were pre-tsunami and overseas investors have treated Thailand as they would any other market – that is on its merits and prospects for investment returns. But, boy, the Thai government doesn’t make it easy for foreigners to own a property on its shores.

Except in exceptional circumstances, foreigners (farangs) are prohibited from owning land – but there are various tried-and-tested ways around the ruling. One of the most popular is to form a limited company with a group of Thai nationals – although a foreign investor must always have a minority stake, he or she is made the sole director, with 100 per cent control of the company.

You could also nominate a Thai to obtain a mortgage and lease his purchase to you; a legally binding clause in the contract can extend the lease for up to 90 years. A variation on this is the ‘lease with option to buy’, which gives the lessee the right to buy the property outright should a future change in Thai law permit it.

The rationale behind the ownership rules is to avoid free-market speculation that could drive prices up too high for the domestic market. The no-hassle way to own a property in your own name is to buy into a condominium development where Thai nationals own the majority of the units.

(the above is an extract from a report on A Place in the Sun Live)

Find below a few of the latest Thai & International properties to be added to our World Property Server database.

	Townhouse at Cuglieri House built on three levels in the fascinating historical and landscape of Montiferru composed of 3 bedrooms, living room, dining room with fireplace, kitchen with fireplace and wood stove, two bathrooms, two fireplaces, terrace with a wide panoramic view and small cellar. Casa affiancata costruita su tre livelli nella affascinante contesto storico e paesaggistico del Montiferru composta da 3 camere da letto, soggiorno, sala da pranzo con camino, cucina abitabile con camino e forno a legna, due bagni, due camini, terrazza a sacco con ampia veduta panoramica e piccola cantina adibita a legnaia. Price €110,000
	House at Cuglieri immersed in the historical Montiferru, where one breathes the ancient Sardinia, spacious and luminous house facing two ways. rear side has a beautiful view of the country and the sea that lies a few kilometres as the mountains. It has a portion semi-indipendent at the end with an opportunity to be divided into three units or converted into a B & B. immersa nell'incontaminato contesto storico del Montiferru, dove si respira l'antica Sardegna, spaziosa e luminosa casa affacciata su due vie. dal lato posteriore gode di una bella vista del paese e del mare che dista pochi km così come la montagna. Ha una porzione semindipendente da terminare con la possibilità di essere divisa in tre unità immobiliari o trasformata in un'attività di B&B. Price €205,000
	Independant Villa at Tanca Marchesa Independant villa in the locality of Tanca Marchesa, only 10 km from the sea, high-value, built with natural materials (wood and stone), excellent interior finishing, mainly on one floor (only one part spreads over two levels), equipped with heating and air-conditioning, burglar alarm, a garden of 2500 square meters around the villa; exterior masonry 50cm thick. limestone yellow, chestnut wood roof with ventilation with double deck, mantle in brick tiles, interior floors in oak, plaster in organic lime, three bathrooms, four bedrooms, gym, and independent study, 40sqm lounge. + Kitchen and dining room, whirlpool sauna and shower room with turkish bath; double access. Villa unifamiliare in località Tanca Marchesa, a soli 10 km.dal mare, di gran pregio, costruita con materiali naturali (pietra e legno), ottime rifiniture interne, si sviluppa prevalentemente su un piano ( solo una parte si sviluppa su due livelli), dotata di riscaldamento e condizionamento, impianto antifurto, un giardino di 2500 mq. intorno alla villa; muratura esterna dello spessore di cm. 50 in pietra calcarea gialla, tetto in legno di castagno con tetto ventilato con doppio tavolato, manto in coppi laterizi ; pavimento interno in parquet prefinito di rovere, intonaco biologico di calce , triplo bagno, quattro camere da letto, locale palestra, e studio indipendente, soggiorno da 40 mq. + cucina e pranzo, vasca idromassaggio, sauna e cabina doccia con bagno turco; doppio accesso al lotto. Price €0
	Pretty Olbia Sea View House CONDOMINIAL COSTS: 80.00 € eXTREMELY PRETTY THREE-ROOM HOUSE WITH A SEA VIEW. FURNISHED. CONSISTING OF LOUNGE WITH KITCHENETTE, TWO BEDROOMS, BATHROOM, PANORAMIC VERANDA, GARDEN AND CAR SPACE. TERMS & CONDITIONS; POSSIBILITY OF ACCESS TO COMMUNAL POOL. SPESE CONDOMINIALI: 80,00 € CARINISSIMO TRILOCALE ARREDATO CON VISTA MARE COMPOSTO DA SOGGIORNO CON ANGOLO COTTURA, DUE CAMERE, BAGNO, VERANDA PANORAMICA, ARREDATO,GIARDINO E POSTO AUTO. TERMOCONDIZIONATO; POSSIBILITA' DI ADESIONE A PISCINA CONDOMINIALE. Price €199,000
	Pretty Arbus Apartment Pretty two-room apartment consists of living room with kitchenette, 1 bedroom, bathroom, panoramic terrace garden with trees. Sold furnished. Sea view. Grazioso bilocale costituito da soggiorno con angolo cottura, 1camere, bagno, terrazza panoramica, giardino alberato. Vendesi arredato. VISTA MARE Price €135,000