Key Point 1: What is the best way to get a loan to buy a house?

Currently, some banks have begun to provide loan services to foreigners, but they need to go through a series of application procedures to complete. For the latest list of banks that provide this service, please contact our service team for relevant information and process advice. However, Thai banks charge high interest rates for loan services to foreigners, and it is generally not recommended to take out a loan to buy a house in Thailand.

The most important thing when applying for a bank loan is to provide proof of fixed income that is not limited to Thailand, so you must prepare a payroll guarantee certificate. Because each bank has different regulations, please confirm the required documents with the bank in advance. It is very important to note that applicants cannot apply for a home loan in Thailand if they are over 60 years old. For those under the age of sixty, any form of mortgage must be fully repaid before the borrower reaches sixty years of age.

Key point 2: When buying a house in Thailand, which one is better to buy: a pre-sale house or a new house?

It can be said that these two types of housing each have their own advantages. The advantage of pre-sale homes is flexibility. Purchasing them before completion gives you more opportunities for customization, and you can design the interiors and purchase furniture and appliances according to your own taste and budget. If you choose to buy in a large development, you will have a variety of apartment types to choose from. Developers usually offer large discounts in the early stages of a project's pre-sale period, which can save a considerable amount of money. There may also be room for profit by selling the pre-sale homes before the project is completed.

The advantage of a new home is that you can rent out the property to get an immediate return on your investment, you don’t have to wait a long time for the project to be completed before moving in, the new home can be inspected at any time, and it is easy to sell to a buyer who needs to move in immediately. At the same time, projects in popular locations often have the potential to appreciate in value, and when they are ready to be resold, they are usually sold quickly and at a profit.

Key Point 3: Why is Thailand a popular investment destination for overseas buyers?

When buying a property in Thailand, we first focus on the capital, Bangkok, which is a rapidly developing metropolis with an extensive public transportation system, such as the BTS and MRT, which can reach all parts of Bangkok city. Transportation infrastructure is expanding rapidly and will soon extend to the outskirts of Bangkok. Therefore, Thai real estate investors do not have to stick to properties in the city center only, but can also consider some rapidly developing suburbs with complete infrastructure. In particular, property prices in these areas are quite attractive and offer the same quality of life as the city center.

Thailand has many rapidly developing cities that are full of vitality and opportunities that attract people to live here. For example, from Chiang Mai and Chiang Rai in the north to northeastern Thailand, and then south to coastal towns such as Pattaya and Hua Hin, various options can meet all living needs, which is also what Thai home buyers will pay attention to. Even in the south, Phuket, Phang Nga and Samui have become popular locations for investors who want a good work-life balance, with increasing amenities and natural beauty making these places even more attractive.