Since the start of June, the mood among Thailand’s expat community has been a mix of panic, shock or downright confusion. An obscure and mostly forgotten regulation, the “TM.30 Notification”, is apparently back in “vogue” and being enforced by Thai Immigration Officials. What is the Notification of Residence Regulation (TM.30 Form)? Simply phrased, landlords or leaseholders of any property, are…Read More
“You’ve studied the Bangkok market, consulted with real estate professionals and using personal experience you have carefully selected a savvy property investment; however, despite all this, it’s been a long wait and your property is still vacant…” If you are reading this, you’re probably having a hard time finding a tenant! Bangkok is undoubtedly Thailand’s economic and commercial heart. Local…Read More
The single biggest concern of any landlord in Bangkok is the possibility of coming across a bad tenant who doesn’t pay the rent! While not common, late rental payments by absent-minded tenants or full-scale rental defaults leading to evictions do happen from time-to-time. Landlords are often caught unprepared by these unwanted events, leading to an uncomfortable situation of conflict and…Read More
Do landlords in Thailand need to notify Immigration if they rent to foreign tenants? Short answer is yes! When renting to a foreign national, irrespective of the length of stay (I.e. 1 Month or 3 Years) it is the responsibility of the landlord to notify Immigration. This affects both Thai and Foreign landlords, who are required to notify authorities within…Read More
Making money, investing in Bangkok Condos is a straightforward process; simply rent the property out, benefit from rental income and after a few years resell at a profit. As a result of this simplicity, investors often rely solely on factors such as “price per square meters, rental yields and capital appreciation potential” to make investment decisions. Naively ignoring the possible…Read More
Owning rental properties in Bangkok can generate profitable and above all stable returns for savvy investors. However despite the rewards, rental investments can quickly spiral out of control especially if the rental management process is not carefully handled by the landlord! Tenants and general maintenance issues can often consume time, effort and financial resources turning rental portfolios into potentially stressful…Read More
Initially announced over 2-months ago, the “New Rental Law” is now in full effect. The discrete announcement by the Contract Committee of the Consumer Protection Board, was followed by a raging storm of confusion, disbelief and general uncertainty by the general public. This hot button topic, that inevitably pits the landlord community against renters, has been a popular talking point…Read More
A mix of confusion, panic and general widespread disbelief has spread amongst landlords and apartment operators in recent weeks, with the announcement of the new Thai Rental Law. This new set of regulations was announced in the Royal Gazette on Feb 16 and will come into effect on May 1st of this year. Thus leaving the Thai real estate industry…Read More
With its global presence in a total 65,000+ Cities, 191+ Countries and a total of 3+ Million Vacation Rentals, Airbnb is a phenomenon taking Thailand by storm! The simplicity of the turnkey service is proving incredibly attractive for condo landlords looking to generate extra-income. However Airbnb’s disruptive business model has placed it in direct opposition with several stakeholders notably the…Read More
It may come as a surprise for many overseas buyers to discover that Property Management as a turnkey rental service, is a relatively new business concept for condo landlords in Bangkok! The vast majority of buy-to-let investors in the Capital are overwhelmingly Thai and they often tend to shy away from Professional Property Management Services for the following reasons: They…Read More