Commercial real estate opportunities Bangkok 2023 by 9asset: Usufruct is the right to use or occupy another person’s real property for one’s life or up to 30 years under sections 1417 1428 of the Civil and Commercial Code. The right of usufruct is not complete unless registered with the Thailand land department. Established and recorded in the official land registry of the local land office for a fixed term or for the life of the usufructuary, the usufruct exists as long as the usufructuary is alive. After his or her death the real estate property reverts back to the owner. A usufruct is often given to a family member such as a foreign spouse with the intention that a foreign spouse is protected in the event of death of the Thai spouse (registered owner). The usufruct gives the right to the foreign spouse to remain in the property upon the death of his or her Thai spouse. Read even more details on https://www.9asset.com/en/Sell/Condo/Bangkok.

9asset provides 37,087 lists of Condo for sale in Bangkok province, update August 2023, offered by both owner/s and real estate agents, most of Condos in Bangkok are located at downtown Bangkok city, near universities, international school, shopping mall, hospital and other popular areas, there are many types of Condo for selection, such as studio, 1 bedroom, 2 bedrooms, 3 bedrooms, 4 bedrooms, 5 bedrooms, 6 bedrooms, penthouse, duplex, triplex and loft type, some of them are come with fully furnished, ready to move in, some are standard decoration, perfect layout design with good quality, variety style facilities are provided at common area in each project, such as swimming pool, fitness, Jacuzzi, sauna, steam, 24-hours sercurity, parking, library and multi purpose room, starting price less than 1 million baht, meet the requirement of people who looking for Condo in Bangkok province. owner/ss are enjoy the value and price appreciation after bought Condo, it is a good idea to rent it out to earn passing income as well, also can sell it out after hold for a certain period.

Under Thailand labour law an employee is entitled to annual sick leave of 30 working days per year, with full pay. In addition to sick-leave, a pregnant woman is entitled to 90 days of maternity leave (inclusive of holidays), including 45 work days at full pay. Employment termination with cause (in which event the employer can terminate employment without notice and/or compensation) is governed by the provisions of Section 583 of the Civil and Commercial Code and Section 119 of the Labour Protection Act, and includes gross negligence, willful disobedience, dishonesty or criminal act. When there is employment termination without cause, it is compulsory under employment laws that the employer make severance payment (in addition to notice) to the employee according to the length of unbroken service.

Renovating improves the house value : Anything likely to need expensive structural work is best avoided, or your budget will vanish surprisingly fast on hidden defects to drains and roof structures rather than fittings and finishes. Instead, try to find houses in shabby decorative condition which look ‘worse than they are’, just needing a decorative makeover and some updating to kitchens and bathrooms. Don’t wait to discover damp, rot, subsidence or other major structural defects until it is too late. Find out as much about a property as possible before you buy, or before you start any work. A building survey, undertaken by a Chartered Building Surveyor will provide information on the type of construction and materials used, and will give details of any defects found, their remedy and an indication of the likely cost. It is also worth commissioning a measured survey of the building, providing you with a detailed set of floorplans and elevations upon which to base your proposed design alterations.

Have an Emergency Fund: If you lost your job tomorrow would you have enough money to live off while you look for a new one? If not then you’re not alone. This study found that although Americans are doing a better job at saving, around 24 percent of them (57 million people) don’t have an emergency fund. Now I don’t want to be a negative Nancy or a Debbie downer, but emergencies happen all the time. They may not happen to you, but it’s always good to be prepared. You can’t predict an emergency, but you can prepare for one. The best way to do so is to set up an emergency fund of 3-6 months living expenses. That means if you lost your job tomorrow, you’d be able to live off your emergency fund for 3-6 months while you look for a new one. Net worth can seem like a tricky topic, but it’s quite simple. Your net worth is how much money you are worth. If you were to sell everything you own, then pay off everything you owe, how much money would be left?

There will be times when you have the opportunity to create more space through proper organization and utilizing it efficiently. There are also some homes that just won’t allow you to store much stuff because there is no attic or basement, and the storage closet outside is relatively small. Millennial attraction to homeownership has grown significantly in recent decades. Mostly because there are now options where a 20% down payment is not the requirement. This gives a much larger pool of buyers the ability to buy a home. Especially, first time home buyers who receive a lot of help!

After narrowing the search to 2 or 3 homes, your agent will do whatever research is necessary to aid you in making your decision. Ultimately, however, it is your decision. Some tools that can help you make that final decision include school reports (if you have or are planning on having children), statistical information from the local chamber of commerce, future zoning or road expansion from local planning offices, etc. Whatever the factors of importance are to you, have your agent help locate that information. Once you have selected a single home to focus on, your agent will conduct a comparative market analysis on that property. This involves determining “fair market value” by looking at what other buyers were willing to pay for properties similar to yours in the same neighborhood or area.

You may be surprised what a table and a few chairs will do to increase the appeal of your home. In addition to an immaculate landscaping appearance, setting up outdoor furniture on the patio or deck with some fresh cut flowers, snacks, and ice cold drinks will create a very charming scene. Buyers will fantasize about how they will enjoy spending time outside your home by entertaining family and friends.

Here are a couple real estate tips: What’s even more annoying is that you may have to fight to get your hands on the few properties that are out there, depending on the housing market in question. In popular metros, bidding wars will still take place, and they even become the norm again as they were in previous years. If the property is popular, there will always be someone willing to outbid you for that home they just must have. This is another reason why the fixer can be a winner, the hidden gem if you will. That being said, it’s okay to pay more than asking (or even the fully appraised value), just keep in mind that there are plenty of fish in the sea. Well, perhaps not plenty right now, but there’s always another opportunity around the corner. Stay poised and don’t let your emotions get the best of you. Like anything else, it’s okay to walk away. Trust your gut. Discover more information at https://www.9asset.com/.