Thinking of buying real property in the best tropical destination in Asia? Then do not spend a single Baht until you read these top tips that will help you secure your perfect Thai property.
Whether you’re looking at purchasing property in Thailand for the first time or you’re an old hand at moving house in the Land of Smiles, it is always a good idea to check Phuket Real Estate for Sale so you can make sure that you have everything covered.
Phuket real estate offers a wide variety of homes and condo units that will surely fit in your ideal tropical Phuket properties. Here are some tips that you should consider to catch the best property for sale.
Know your finances
Before you start looking at the prospect of buying property in Phuket, make sure you know exactly what you can afford and what you can’t. You may have found your dream property in Phuket but if you are going to struggle to pay the final installment of the deposit then your dream home could quickly turn into a nightmare.
Choose the strategic location
Make sure you properly examine local facilities and transport links. Other facilities and amenities you may be in need of will vary depending on your own requirements. Close proximity to basic facilities such as supermarkets, restaurants and shops are also important.
Have a personal Inspection
It surely goes without saying that once you’ve found a property that you like the look of, you should arrange to go and view it in person. Not only will this enable you to make sure that the property is as described in its catalogue but it will also help you get a feel of the surrounding area and neighborhood, which could potentially be your new home.
Scrutinize the contract
Never enter into or sign a contract that you do not understand. Always read the small print and certainly never sign a contract that is written in a foreign language. Before you sign on the dotted line, always make sure that two versions of the contract are provided e.g – English and Thai.
Also make sure that you are clear on key points of the contract such as the deposit amount and payment schedule. Is the deposit refundable? Be sure that you know exactly what you are getting for your money. What is included in the price and what isn’t? Are there likely to be any extra charges? When is the completion date?
Plan for extra additions to your budget and potential renovation
Finally, don’t forget to budget for those unavoidable extras such as insurance, furnishings, fixtures and fittings. Make sure you set aside money for tax and legal fees too. It could be the case that your property is already furnished but you have ideas about extending or renovating it, maybe you want to add a swimming pool. Whatever your plan, always budget accordingly.
Considering these tips in mind, you will surely grab the best Phuket real estate for sale.
