Financing For Foreigners - Build Your Dream House

Information on building a house, buying poperty and land, and all other general contruction topics...

Re: Financing For Foreigners - Build Your Dream House

PostAuthor: bugseda » March 18, 2009, 5:37 pm

Thanks Stan

I found this

http://www.sunbeltlegaladvisors.com/Tha ... ufruct.php

which explains what it is and your options. It still seems worrisome to me. I don't like all the stipulations.

But to each his own.

Thanks again.
bugseda
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Re: Financing For Foreigners - Build Your Dream House

PostAuthor: UPAL » March 21, 2009, 2:59 pm

Answers to previous unanswered questions:

Plot sizes are flexible to the purchasers needs and dependent on style of house reqired.

Rather than a conventional 'village' style set up the available land is being offered so that each lot is completely individual with access gained via a private road serving no more than I would expect 4 properties.

Regarding ownership, its true that whilst foreigners cannot own land in Thailand there are ways of legally protecting yourself be it by Usafruct or by a lease style agreements. More info can be found here: http://www.udonpropertyandland.com/?q=node/6

Best Regards
Gareth
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