Real Estate Property Type in Thailand.
Thailand is one of the top Countries for Investment. As It’s 2nd most visited country in the Asia Pacific country. The Country is also considered home to Beautiful and Exotic islands. Beautiful beaches, Tracking Type mountain, Clean river and Waterfall, Beautiful Weather and funloving nightlife.
The beauty and visits of Foreign tourists attract investors to invest in Thailand. So, to Control Excess investment, the Thai Government control the buying and sales with the rules. So, Investors have to understand the basic guideline related to the type of property and some more basic Ideas i.e. Law of Property, Investment policy and Criteria etc.
When We discuss the Real Estate property Type in Thailand. Then we come up with some basic information.
- Residential Real Estate
- Commercial Real Estate.
- Industrial Real Estate.
- Special Purpose Real Estate.
It cover all type of property which is used for residential purposes i.e.
- Single Family house.
- Duplex Family House.
Property that is used for the commercial use i.e.
- Apartment Complexes.
- Gas Station.
- Grocery Stores.
- Hotels & Restaurants.
- Parking facilities.
- Shopping centres.
It included the Property which is used for manufacturing Goods, production of products, distribution of products, Storage and research and development, factory, as well as Warehouse and powerplant etc.
The land is classified for commercial and residential use. Its includes different types of land used for different purposes. I.e.
- Underdevelop property.
- Vacant land
- Agriculture land Includes farms, Orchards, Ranches etc.
These properties are specific to public use i.e. Cemetery, Government buildings, libraries, parks, Religious Worshing buildings, Schools, etc.