How to find you Property in Thailand?

Deciding to become a homeowner is one thing, but finding the accommodation that will make you fall in love is another. To facilitate your search, it is advisable to proceed step by step. Better targeting of your needs will allow you to avoid unnecessary visits.

A favorite when visiting a property should not prevent you from keeping your head on your shoulders and avoiding any rush. It is therefore important to remember to establish, before your visit, a list of key questions to ask.

Find out in particular about the property’s exposure, its date of construction, the work carried out, or the date of change of devices such as the boiler. Also, check the state of the electric meter, observe the connections and water inlets without forgetting the state of the joints in wet rooms in order to give you an idea of the quality of the achievements in housing.

When looking for your accommodation, it is important to carefully target your requirements like “In which geographic area would you like to settle?”, “In which city, which district/arrondissement?” or “What amenities would you like to find near your accommodation?”

Also one must keep in mind “What minimum area do you need?”, “How many rooms and toilets do you need?” or “Do you need an outdoor space or a place suitable for parking one or more vehicles?”

Do not ignore the documents of your future property

Not always consulted, the documents necessary for the sale such as the real estate diagnoses, or even, within the framework of purchase in co-ownership, the co-ownership regulations, and the minutes of general meetings nevertheless contain valuable information. In particular, you will be able to find a list of upcoming work there and anticipate the costs associated with it. Also, if you plan to do it on your own, remember to check what the load-bearing walls are to avoid possible unpleasant surprises.

Once this inventory has been carried out, if the property still meets your expectations, you can consider making an offer in order to acquire it.

Do you like the accommodation? Make a purchase offer

To formalize your wish to buy the Real Estate in Thailand that has caught your attention, you must write a purchase offer indicating the amount you are willing to dedicate to the transaction. If you make a proposal below the displayed sale price, prepare your argument carefully. A downward offer can be justified by proven defects, but there must be some and you must point them out. Depending on whether you buy between individuals or through an intermediary, discussions with the seller are done respectively by yourself or through your intermediary, until a possible agreement is reached. In order to find an agreement, your offer to purchase must be reasonable and in accordance with the value of the property, i.e. up to the prices prevailing on the market in the same geographical area for the same type of property and, if possible, at the same time.