Buying Property

[Baz]

I know that I cannot buy a block of land and build a house. I can buy a condo though.

Does anybody know if I can buy one of the shops with residence above that are usually built in rows of 10-20 or more. Roller door covered shopfront downstairs and 2 or three floors above.

If I can, are there any restrictions or requirements that have to be met.

TIA.

Baz

[dr_Pat_Pong]

I know that I cannot buy a block of land and build a house. I can buy a condo though.

No Baz...you cannot have one of them in farang ownership. They are called shophouses. Unless you are super creative, a condo is all they'll let you buy.

[dr_Pat_Pong]

Creativity Baz. Now I know you have a Thai girlfriend, get her to buy that shophouse and lease it to you for fifty years

[maerim]

I for one would be interested in what you are going to sell if you get a shophouse.

I know where there are plenty for sale, in fact I know where there is a whole block of six for sale.So you might get a discount for quantity if you but the lot.

My better half has a shop she works all hours and she sells just about everything

but same as in the west the big supermarkets are making it not worthwhile.

[Baz]

My GF already rents the shop that I'm (Read SHE) is interested in. It is up for sale and she is scared that she will be evicted after it sold. Its a hair dressing salon.

Thanks for you help. Dr, how do I go about making a 50 year lease legally binding?

If our relashionship turns sour, what then? can i evict her even if it in her name?

[dr_Pat_Pong]

The lease has to be in Thai so you'll need a Thai lawyer. A decent one can protect your interest....50 years is the maximum, but you can have a right of re-newal for another 50. Are you that healthy ?