PROPERTY IN THAILAND, Part 11 Title _ the problem of mortgages on properties | Bangkok Post: news

News >

PROPERTY IN THAILAND, Part 11 Title _ the problem of mortgages on properties

  • Published: | Viewed: 1,508 | Comments: 0
  • Newspaper section: Spectrum
  • Writer: James Finch & Nilobon Tangprasit
- +

A couple of years ago, we were approached by a group of buyers at a development in Thailand. The buyers all lived overseas and were not Thai. 

Over a couple of years they had all fully paid for 30-year leases on houses and lots at the development that had been built for them. The houses were complete and the buyers were using them.

Members of the group said they were concerned. They thought the developers might be having financial problems. They really liked the developers and didn't want to insult them, but wanted to make sure their interests were protected.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments