Many are wondering if it is possible to buy property in Phuket, Thailand, online. Moving to a permanent residence can be very convenient: you do not need to rent a house while buying, and searching for your property is in progress. Also, by known flats for sale in Phuket, you can start receiving passive income without a personal presence in the country.
You can buy property online in Thailand. Let’s talk more about this process.
Key stages of purchasing real estate in Thailand online:
- search;
- view object;
- signing of documents;
- payment;
- property registration.
Remote property search in Thailand
A potential buyer can remotely choose the property using unique Thai real estate sites. There are Russian-language sites where managers are ready to provide any assistance.
With the help of convenient filters on the aggregator website, you can find the perfect property in Thailand that will satisfy all your needs. The site contains objects from developers and local agents. The catalog contains only current offers with prices in different currencies.
Managers of the aggregator will answer all questions and help if you need help finding real estate.
Virtual inspection of the object
With the help of modern technology, viewing an apartment remotely is not a problem. The sites attach virtual tours of real estate, you can ask the owner or realtor to shoot a video tour. But the most convenient way is a video call with a realtor. So you can see the house in real time and ask to see the places you are interested in. Discuss the pros and cons of housing. So the buyer will not feel that he is buying property “blindly.”
Signing of documents
Signing contracts and agreements is a stage that scares online buyers. But you shouldn’t worry. You will administer a power of attorney to a lawyer who will sign and check your documents. The specialist will explain in detail all the nuances of Thai law. Also, the documents will be translated into Russian so that the seller cannot hide a single clause of the contract since the document flow in Thailand is conducted only in Thai.
Online payment for the purchase of the real estate
For online payment, you need to contact your bank and confirm the possibility of transferring funds to Thailand. Then the cash is moved to a Thai bank in foreign money, and already there, it is transferred to Thai baht. The payment process for a foreigner will be the same when making a transaction in Thailand.
Property registration
You will need to register the real estate ownership in the department of land and the local municipality. Registration documents – Tabien Ban (registration book) and ownership of Chanod – can be obtained in person later, or a trustee can do this for you by proxy.
What types of properties are on the Phuket market?
Phuket has everything from low-rise housing to tall skyscrapers, apartment buildings, and private villas.
The Phuket real estate market has:
- apartments in condominiums;
- duplexes (two-family houses);
- townhouses;
- villas;
- shop houses (on the ground floor, there is a shop, on the second floor, there is a living space).
Regarding the major pros and scams of living in an apartment and a private house in Thailand.
The main advantages of owning an apartment
The apartment is cheaper to maintain. You do not need to be responsible for the maintenance of the garden and the facade of the building.
Thai residential complexes suggest to citizens many benefits: coworking spaces, free fitness, swimming pool.
Apartment buildings are mainly located in areas with more developed infrastructure.
It is more comfortable to rent a flat, the managing company can even do it, and there is no need to apply for a third-party agent.
Be bold and buy real estate online
In the modern world, almost everything can be purchased online, and any transaction can be carried out remotely. With the development of technology, this does not cause difficulties. Contact Thailand-Real.Estate today and start your search for the perfect home in Thailand!
