New Property
Park Lane Jomtien Resort
Start price: 1 Million Baht for 36 sq.m. apartments. The concept and planning that went into Park Lane Jomtien Resort was the result of extensive market research within Pattaya and Jomtien areas. The intention of the research was to find out what people really needed and wanted when looking for an apartment in Thailand. Park Lane Jomtien Resort is the result of the vision and dream requirements of the buyer...
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How-to Buy
Thai law allows foreign free-hold ownership of a condo. Forty-nine per cent of a condominium block may be of non-Thai ownership, with some blocks allowing this to rise to 100% if the developer has acquired the appropriate condominium license.
Freehold or leasehold owner- ship options are available to the overseas buyer. A free- hold may be purchased if a condominium is still ...
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Investing in Thailand
Despite the recent setbacks, foremost political changes, property ownership laws uncertainty and the strong Thai Baht, the Thai property market remains one where substantial, best medium-term profits can be made, as property is still much cheaper in Thailand than elsewhere and investors can afford more for their money than in many global locations. For example, taking advantage of the possibility to buy a quality Thai home for approximately 40% of the usual costs for an equivalent property in the South of Spain.
The Thai property market ...
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THE PURCHASING PROCESS … WE’LL GUIDE YOU
Once you have chosen a unit that best suits your needs …
Reservation:
You pay a deposit of THB 50,000 which is completely recoverable by deduction from the final payment.
Signing:
The Sales and Purchase Contract is to be signed within 14 days of the reservation. A 25 % payment of the unit price is required upon the signing of the agreement. Installments:
Please contact us for prices and payment details at sales@iguanagroup.com
Money Transfer Options:
- Set up local bank account in Thailand in the name of purchaser and forward funds into the account.
- Transfer funds to our Thailand Bank account and we shall organize all appropriate paperwork/certificate. (see below)
- In the case the property is purchased via a Thai company, transfers can be made directly to the company bank account.
- Transfer to your solicitor.
Payment Procedure
Foreigners are required to remit at least USD 20,000 into Thailand per transfer to receive a FOREX Transfer Form. This form will be needed to transfer the unit under foreign ownership and also remit money back out of Thailand if so needed in the future. We can arrange all this for you.
Note: Conversion to Thai Baht has to be done in Thailand and not before transfer is made into the country. Furthermore, instruction on transfer must state for the purchase of property.
ADDITIONAL EXPENSES
- Transfer fee - Calculated as approximately 1% of the sales price.
- Sinking Fund – The sinking fund for the condominiums payable upon transfer of title deed.
- Monthly management fees are payable at the end of construction and are paid annually in advance
Note: The management/maintenance fee is used for general monthly maintenance of the building, common areas, security, pool maintenance, etc. in accordance with the Thai Condominium Act.
For more information : sales@iguanagroup.com
Disclaimer - Information provided should be used for guideline only. Please refer to our professional sales team and/or a legal advisor before buying a property in Thailand
Click here to Download Reservation Form
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Thai Real Estate News
In most countries of the world, property markets are hypersensitive to even the smallest fluctuations in the economic, social and political climates. This begs the questions: Why is Pattaya, Thailand so different? Why is this market so resilient? ...
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Testimonials
Read the Testimonials Iguana Group has received from Ross-Tara Co. Ltd., Obelisk International and Uni-Serv Co. Ltd., all well established and known in the Real Estate and Investment Market.
Obelisk International
We choose to collaborate with Iguana Group on the Pattaya Heights project for Obelisk International's first project in the Thailand market. The extensive experience ...
Uni-Serv Company LTD.
We at Uni-Serv Company Ltd. have been partnering Iguana Group within the Pattaya Real Estate ...
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Overseas Real Estate, Luxury Condominiums for Residential & Investrment Purposes in Beach Resort Locations in Pattaya & Jomtien Thailand
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