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Laguna Beach Resort 2 - fully furnished

Hot on the heels of Laguna Beach Resort Jomtien, Pattaya’s most successful resort condominium now over 75% sold out, we are commencing pre-launch sales for Laguna Beach Resort 2. Laguna Beach Reso... Prices From: £16,000

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Property News

Thailand Maybe Late Comer to Asian Housing Boom
2011-09-19
Property prices in Thailand are increasing quite rapidly. According to the Thai price index, the pri.....

Rising Prices in Bangkok Increase Demand for the Suburbs
2011-09-13
Property prices in Bangkok are increasing rapidly. With the sky-train now extending to the East and .....

Thailand Property Held Back by 20 Year Old Law
2011-05-18
Part of the reason for this is the 1991 Condominium Act, which states that foreigners can buy u[p to.....

Thai Government Considers Helping Homebuyers with Affordable Loans
2011-05-04
The Government Housing Bank in Thailand is considering offering 0% interest rate loans for the first.....

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Guide to Buying Property in Thailand

The Property Market in Thailand

We are in the process of updating our Guide to Buying Property in Thailand. Please check back soon.

Mortgages Options

When considering the options for a mortgage on your overseas property there are a couple of choices to consider;

  • Do you consider raising finance on your existing property in the UK to cover the whole cost of your purchase abroad? A good idea if the interest rate in the country in question is a lot higher than it is here in the UK as you will pay a lot less in monthly repayments.
  • Do you secure a mortgage against the property from a local bank in the country of purchase? This can be a wise option especially if the interest rate is lower than our current UK interest rate. Most overseas mortgage / bank lenders will require upto 30% deposit on mortgages. However, you will need to give some thought to how you will service your mortgage payments each month especially if you are not living or earning in that country as you may well lose out on exchanging money each time to cover monthly expenses. Check out our Foreign Currency page to see how you can save money in this example
  • Some Builders and developers may well offer their own mortgage facilities on their properties for sale. This can be beneficial to both parties depending on the logistics of the mortgage or loan facility. Always check and compare with the two options above before making your final descision.

For more details on Mortgages in Thailand visit our Mortgage page in Thailand section.

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