Thailand Board of Investment (BOI) and HOTELS Hotel activities (excluding hotel management services), the sale of beverages and food, tourism, etc. are all referred in the Foreign Business Act’s Annex 3 as ‘businesses that Thai nationals are not yet equipped to deal with Foreign competition.’ As a direct result of this, foreigners hoping to pursue a hotel business in…
Phuket: Clearing a path for Airbnb This July saw the Phuket Provincial Land Office send out a notice to all the registered 234 condominium projects in the area, comprising a total of more than 26,000 units. It stated that the daily renting of condominiums by its owners was in fact a violation of Thailand’s Hotel Act of 2004, and…
What Will Be The Future Of Real Estate As The AEC Era Begins On the 31st of December 2015, the ASEAN Economic Community (AEC) was established that saw its 10 member nations form a single economic group. Traditional and electronic ads about the AEC are visible all over the length and breadth of Southeast Asia. The integration of the Association…
A SPOOKY HOME FOR PATTAYA INVESTORS Look no further potential investors, property buyers and hospitality guests seeking something spooky as your search ends in Pattaya that has just what you need to fulfill your morbid realty cravings on the occasion of Halloween. Over the span of seven years working with the property firm New Nordic, Kurt Svendheim has played a…
A GUIDE TO BUYING OFF-PLAN PROPERTIES Buying off-plan properties is a common practice in many parts of the world, while it is still considered risky in others. It gives you, the buyer the advantage of purchasing before many others. Having said that, there are certain points one must keep in mind before signing the sales agreement. Buying off-plan properties…
WHERE HAVE THE RUSSIANS DISAPPEARED TO? The biggest trending realty news story in recent times, known to most of the real estate agents and developers in majority of the Thailand’s realty hot beds is that the Russian buyers and investors are nowhere to be seen. Post the Ruble crash the investors from CIS countries have all withdrawn from the…
TOP 5 TIPS TO MAXIMISE YOUR ‘HOLIDAY RENTAL PROPERTY’ INVESTMENT Buying a holiday/second home and buying a holiday home to rent are two very different things. Their difference resides in the manner in which the property value is gauged. For example, while a second home purchase is subject to your own personal taste, a holiday rental property must be selected…
One Tower Pratumnak is located on Pratumnak Hill Soi 4, a vacation spot that has long enjoyed popularity thanks of the fantastic scenery seen from its geographical vantage point. One Tower Pratumnak offers the calm serenity of seaside life along with lush greenery and easy access to both Pattaya City and Jomtien Beach. The One Tower project site is surrounded…
