Housing Permit
A housing permit in Bangkok is a type of legal authorization that city municipalities, such as the Bangkok Metropolitan Administration (examples include Phra Nakhon and Bang Kho Laem districts), issue to developers or property owners for the construction, renovation, or alteration of residential properties, examples of which encompass condominiums, single-family homes, and townhouses.
Impact Fees
Impact fees, a type of government charge, target new or expanding developments in Bangkok to fund public infrastructure projects, including roads and schools.
Income Capitalization Rate
Income capitalization rate is a type of valuation method for properties, focusing on generating income through rentals such as luxury condos in the Sukhumvit area or commercial spaces in Silom, by dividing the annual net operating income by the property’s current market value.
Income Property
Income property in Bangkok is a type of real estate investment that generates rental income, examples include condominiums such as The River and Park24, and commercial spaces like Siam Paragon and CentralWorld.
Income Property Investment
Income property investment is a type of real estate investment that generates rental income, includes categories such as condominiums in The River, Bangkok, and office spaces in Sathorn Square, Bangkok.
Indemnity Insurance
Indemnity insurance is a type of property insurance that covers condominium owners and developers against claims for damages or losses such as structural defects or title disputes in Bangkok.
Inflation Hedge
Inflation hedge is a type of investment strategy, examples include real estate assets in Bangkok such as condominiums in Sukhumvit and commercial properties in Silom, that typically maintain or increase in value over time as inflation affects the economy.
Inflation-Linked Rent
Inflation-linked rent is a type of commercial lease agreement where rental payments adjust according to inflation rates, examples include CPI-adjusted leases in Bangkok’s retail spaces like Siam Paragon and office buildings such as Empire Tower.
Infrastructure Charges
Infrastructure charges in Bangkok real estate are a type of financial obligation, comprising development charges for utilities (electricity, water supply), and access charges for transportation (roads, public transit access), mandated by local authorities to support urban infrastructure growth and maintenance, examples include fees for connecting new developments to the city’s electrical grid or water supply, and contributions toward the expansion of road networks or public transportation systems.
Infrastructure Development
Infrastructure development in Bangkok encompasses transportation systems, which include BTS Skytrain extensions and MRT underground lines, utility networks, characterized by the expansion of electrical grids and water supply enhancements, and urban regeneration projects, such as the One Bangkok and The Parq mixed-use developments.
Ingress and Egress
Ingress and egress in Bangkok real estate for foreigners is a type of access control, where ingress refers to the ability to enter properties such as condominiums (e.g. The River, ICONSIAM) and gated communities (e.g. Nichada Thani), and egress refers to the ability to exit these properties.
Installment Sale
An installment sale is a type of financing agreement where buyers, including foreigners interested in Bangkok properties such as condominiums at The River or villas in Sukhumvit, pay sellers over time in scheduled payments, transferring ownership upon the final payment.
Interest Rate
Interest rate in Bangkok’s real estate for foreigners is a type of financial charge, varies by loan types such as fixed-rate mortgages and adjustable-rate mortgages, and impacts borrowing costs including higher payments for condos like The River and lower for townhouses in Sukhumvit.
Investment Grade Property
Investment grade property in Bangkok is a type of real estate that encompasses luxury condominiums, such as Magnolias Waterfront Residences and The Ritz-Carlton Residences, and high-grade commercial spaces, including Gaysorn Tower and Park Ventures Ecoplex, offering high rental yields and capital appreciation potential for foreign investors.
Investment Property
Investment property in Bangkok is a type of real estate asset, including categories such as condominiums, which foreigners can legally own directly, and commercial buildings, which they can own through a limited company structure, aimed at generating rental income or capital appreciation.
Investment Visa
An investment visa is a type of long-term residency permit in Thailand, granted to foreigners who invest a minimum of 10 million THB in specific assets such as real estate properties or government bonds.
Investor Visa
Investor visa is a type of long-term residency option granted to foreign nationals who invest significant amounts in local businesses or real estate, examples including condominium purchases or company shares in Bangkok.
Joint Ownership Agreement
A joint ownership agreement in Bangkok real estate is a type of legal arrangement where multiple parties, examples include foreign investors and Thai nationals, hold property ownership collectively.
Joint Tenancy
Joint tenancy is a type of property ownership in Bangkok where two or more parties, such as foreign investors and local partners, hold equal shares and rights in properties like condominiums or commercial buildings.
Joint Venture
A joint venture in Bangkok’s real estate sector is a type of partnership, where entities like Sansiri and Tokyu Corporation collaborate, combining resources for projects such as the Base Park East Sukhumvit 77.
Juristic Person
A juristic person in Bangkok real estate is a type of legal entity, which includes entities such as limited companies and public companies, allowing ownership of property.
Key Money
Key money is a type of non-refundable payment, often demanded by landlords from prospective tenants or businesses, including restaurants and shops, to secure a rental agreement in Bangkok’s commercial leasing sector.
Key Ready Property
Key ready property is a type of real estate in Bangkok that refers to fully constructed and interior-equipped dwellings, such as condominiums like The River and Le Luk, ready for immediate occupancy by foreigners.
King Power Complex
King Power Complex is a type of mixed-use development in Bangkok, comprising retail spaces, hotels such as Pullman Bangkok King Power, and office buildings.
Land and Building Tax
Land and Building Tax in Bangkok is a type of property tax that targets residential properties, commercial properties, and vacant land.
Land Appraisal
Land appraisal in Bangkok evaluates properties’ value through methods like comparative market analysis, which compares properties in locations like Sukhumvit or Silom, and cost approach, considering costs in areas such as Sathorn for reconstruction or replacement.
Land Banking
Land banking is a type of real estate investment strategy where investors purchase undeveloped land in Bangkok, such as plots in Pathum Thani or Nakhon Pathom, with the expectation that the value of these lands will increase due to urban expansion and development projects, examples include the expansion of mass transit systems or the construction of new shopping complexes.
Land Code
The Land Code in Bangkok categorizes properties into commercial, residential, and agricultural types, examples include condominiums (residential), shopping malls (commercial), and rice fields (agricultural).
Land Department
Land Department is a type of government agency, responsible for property registrations, which includes tasks like title deed transfers and property lease registrations for foreigners purchasing condominium units in projects like Magnolias Waterfront Residences and The River Bangkok.
Land Lease
Land lease in Bangkok is a type of real estate agreement, allowing foreign investors to use land for periods typically up to 30 years, with options like residential projects (luxury condominiums) and commercial ventures (retail spaces) serving as examples of its application.
Land Office
Land office is a type of government agency responsible for registering property transactions in Bangkok, such as sales, inheritances, and mortgages.
Land Sale
Land sale in Bangkok is a type of real estate transaction involving residential properties, commercial spaces, and agricultural lands, where notable examples include condominium development plots, shopping mall locations, and rice farming areas respectively.
Land Title
Land titles in Bangkok encompass three main types: Nor Sor 3 Kor, Chanote, and Sor Kor Nung, each offering different rights and evidences of ownership.
Land Transfer Tax
Land transfer tax is a type of property tax that buyers pay upon acquiring real estate, including condominiums and villas, in Bangkok.
Land Valuation
Land valuation in Bangkok for foreigners encompasses location type (central business districts like Silom or Sathorn), usage type (residential properties like condominiums or commercial properties like office buildings), and legal type (freehold or leasehold).
Landlord
Landlord types in Bangkok include individual owners, corporate entities, and institutional investors, each managing properties such as condominiums, commercial buildings, and serviced apartments for rent.
Landlord’s Covenant
Landlord’s covenant in Bangkok real estate is a type of legal obligation that includes maintenance responsibilities, such as fixing roofs and walls, and operational duties like collecting rents and managing tenants, examples being property upkeep and lease administration.
Landowner’s Rights
Landowner’s rights in Bangkok include property usage rights, sale rights, and lease rights, where property usage rights allow the landowner to develop or modify the property within legal guidelines, sale rights empower the landowner to transfer ownership through sales like those seen in upscale Sukhumvit neighborhoods, and lease rights permit the landowner to rent out the property, as evidenced by numerous condominiums and commercial spaces in Siam and Silom areas.
Lease Agreement
A lease agreement in Bangkok’s real estate market is a type of legal contract that governs the relationship between landlords, such as individuals owning condominiums at The River or companies managing serviced apartments in Sukhumvit, and tenants, including foreigners seeking long-term residency or investment opportunities.
Lease Assignment
Lease assignment in Bangkok real estate is a type of lease agreement transfer where existing tenants, such as those in Sukhumvit luxury condos or Silom commercial buildings, legally transfer their lease rights and obligations to new tenants.
Lease Option
A lease option in Bangkok’s real estate market is a type of contract allowing foreigners, such as expatriates or international investors, to lease properties like condos or serviced apartments with an option to purchase them at a predetermined price within a specific period, examples include luxury condos in Sukhumvit or riverside serviced apartments in the Chao Phraya River area.
Lease Payment Schedule
Lease payment schedule in Bangkok real estate for foreigners divides into types: upfront payments and recurring payments, where upfront payments include security deposits and advance rents, and recurring payments consist of monthly rents, maintenance fees, and utility charges, with examples being luxury condos such as The River and Magnolias Waterfront Residences requiring significant security deposits and advance rents while also imposing monthly maintenance and utility fees based on usage.
Lease Registration Fee
Lease registration fee is a type of government levy in Bangkok, charged to property lessees such as foreigners renting condos like The Met Sathorn or apartments in Sukhumvit, calculated as a percentage of the total lease value over its term.
Lease Renewal
Lease renewal in Bangkok, under contract renewal type, permits tenants, including foreign nationals and businesses like restaurants and retail stores, to extend their rental agreement term beyond the original expiration.
Leaseback
Leaseback, a type of real estate agreement, enables sellers, such as condominium developers in Bangkok including Ananda Development and Sansiri, to sell property and then rent it back from the buyer.
Leaseback Arrangement
A leaseback arrangement in Bangkok real estate is a type of investment strategy where developers, for example, Sansiri and Ananda Development, sell a property and simultaneously agree to lease it from the new owner.
Leasehold Interest
Leasehold interest is a type of property ownership where foreign investors, such as those in condominiums (examples include The River, Magnolias Ratchadamri) or retail spaces (examples include CentralWorld, Siam Paragon), possess the right to use and occupy real estate for a set term typically ranging from 30 to 50 years, according to Thai law.
Leasehold Land
Leasehold land in Bangkok is a type of real estate ownership where foreign nationals, including investors from countries such as the USA and China, can secure property rights for a period typically up to 30 years, as demonstrated by developments like the Millennium Residence and Rivergate Condominium.
Legal Fees
Legal fees in Bangkok real estate for foreigners include types such as transfer fees, typically 2% of the registered value, and lawyer’s fees, which vary but often range from THB 30,000 to 100,000.
Lending Criteria
Lending criteria for foreigners buying real estate in Bangkok encompass borrower income, property value, and legal eligibility, where borrower income ensures repayment capability, property value secures the loan, and legal eligibility complies with Thai law examples include salary requirements, property appraisal processes, and visa status checks respectively.
Lettable Area
Lettable area is a type of usable space, including examples like condominium units in The Metropolis Bangkok and retail spaces in CentralWorld Bangkok, which landlords offer for lease to tenants for purposes such as residence, office, or commerce.
Leverage Ratio
Leverage ratio in Bangkok real estate for foreigners measures an investor’s borrowed capital proportion to their investment, with types including Debt-to-Equity Ratio and Loan-to-Value Ratio, exemplified by using bank loans for purchasing condos like Ashton Asoke or Noble Ploenchit.
Liability Insurance
Liability insurance is a type of property insurance that protects Bangkok real estate investors against claims arising from injuries or damages to other people or property, examples include coverage for accidents occurring within the insured property such as condominiums like The River and houses in Sukhumvit area.
License to Occupy
A license to occupy in Bangkok’s real estate market is a type of legal agreement, allowing foreigners temporary possession of property, exemplified by leaseholds in condominiums like The River or Magnolias Waterfront Residences.
Lien Waiver
A lien waiver, a type of legal document, protects property buyers, including foreigners purchasing in Bangkok, by ensuring that contractors, suppliers, and workers claim no future lien rights against the property for the amount specified in the waiver, following examples like construction projects or renovations in Bangkok’s real estate market.
Life Estate
Life estate is a type of property interest that grants ownership rights to individuals, such as foreigners in Bangkok, for the duration of their lives before transferring to a remainderman, examples being children or a trust, upon their death.
Lifestyle Property
Lifestyle property is a type of real estate that offers luxury amenities such as rooftop pools (e.g. The River condominium) and private cinemas (e.g. The Ritz-Carlton Residences, Bangkok), catering to the affluent lifestyles of foreigners in Bangkok.
Limited Common Area
Common area is a type of property feature, limited common area specifies spaces like parking slots and balconies, exclusive to individual unit owners yet fall under condominium property in Bangkok.
Limited Power of Attorney
Limited power of attorney is a type of legal authorization within the broader category of power of attorney, permitting agents to perform specific tasks such as signing documents related to buying condominiums or handling bank transactions for foreigners in Bangkok.
Loan Estimate
A loan estimate, in the context of purchasing properties in Bangkok for foreigners, is a type of document that banks or financial institutions provide, detailing the expected costs associated with a mortgage.
Loan Origination
Loan origination is a type of financial process involving steps such as application, underwriting, and funding, specifically for obtaining mortgage loans for properties like condos and townhouses in Bangkok by foreigners.
Loan Term Adjustment
Loan term adjustment is a type of loan modification strategy that financial institutions in Bangkok, such as Kasikornbank and Siam Commercial Bank, employ to alter the original terms of mortgages for foreign investors and home buyers, aiming to facilitate easier repayment conditions by extending the payment period, reducing monthly installments, or changing interest rates.
Loan-to-Value Ratio
Loan-to-value ratio is a type of financial metric that banks and financial institutions, including those in Bangkok like Kasikornbank and Siam Commercial Bank, use to assess the risk before approving mortgage loans for properties such as condominiums and office spaces.
Local Authority Approvals
Local authority approvals in Bangkok for real estate projects, encompassing construction permits and land use approvals, is a type of regulatory requirement, where construction permits ensure building standards compliance, examples including the Bangkok Metropolitan Administration’s building control for residential properties like condominiums and commercial spaces like shopping malls, and land use approvals govern the designation of specific zones for development, examples being residential zones for houses and agricultural zones for farms.
Long-Term Lease
A long-term lease in Bangkok real estate is a type of property rental agreement where the duration exceeds one year, including examples such as 30-year leases for condominiums and the maximum 50-year leases for land.
Long-Term Leasehold
Long-term leasehold is a type of property ownership where foreigners, including Americans and Europeans, secure rights to use real estate in Bangkok for periods typically extending from 30 to 99 years, with notable examples being high-rise condos like The River and low-rise residential complexes such as Baan Sansiri.
Long-Term Rental
Long-term rental is a type of residential leasing in Bangkok, targeting foreign tenants such as expatriates and international students, distinguished by agreements typically extending beyond six months, examples include yearly leases in condominiums like The River and apartments in Sukhumvit area.
Lump Sum Payment
A lump sum payment in the context of Bangkok real estate for foreigners is a type of payment method that involves buyers, such as home buyers and real estate investors, making a single, comprehensive payment to cover the total cost of a property, examples include the upfront purchase of condominium units in luxury developments like Magnolias Waterfront Residences or investment in commercial properties such as office spaces in the MahaNakhon building.
Lumpini Park Proximity
Lumpini Park proximity is a type of location advantage, offering easy access to recreational spaces such as Lumpini Park itself, and enhancing property value for developments like The Met Sathorn and Q Langsuan.
Luxury Property
Luxury property in Bangkok is a type of residential property that includes high-end condominiums, such as The Ritz-Carlton Residences, and exclusive villas, for example, those in The Lakes, characterized by premium locations, exceptional amenities, and superior architectural designs.
Maintenance Fees
Maintenance fees in Bangkok real estate for foreigners include types such as common area maintenance (examples: cleaning services, security personnel) and utility charges (examples: water supply, electricity in shared spaces).
Market Demand
Market demand in Bangkok real estate for foreigners is a type of economic indicator, consists of types such as residential demand, including condominiums like The Monument Sanampao, and commercial spaces, featuring office buildings such as Gaysorn Tower.
Market Rate
Market rate in Bangkok real estate is a type of pricing mechanism, determined by supply and demand forces, affecting properties such as condominiums (e.g. The River, Icon Siam) and detached houses (e.g. Laddarom Elegance, Setthasiri Krungthep Kreetha).
Market Rent
Market rent in Bangkok, a type of economic valuation, determines the amount tenants pay to landlords for properties such as condominiums in Sukhumvit and luxury villas in Thonglor, based on current demand and supply dynamics.
Market Supply
Market supply in Bangkok’s real estate sector includes residential types such as condominiums (examples: 98 Wireless, The Monument Sanampao) and villas (examples: Sathorn 12 Residence, Narasiri Pattanakarn), and commercial types such as office buildings (examples: Gaysorn Tower, Park Ventures Ecoplex) and retail spaces (examples: ICONSIAM, CentralWorld).
Market Value
Market value in Bangkok’s real estate for foreigners is a type of economic valuation, encompasses residential properties such as condominiums in Sukhumvit and luxury villas in Silom, and commercial properties including office buildings in Sathorn and retail spaces in Pratunam, determined by the price buyers are willing to pay and sellers are willing to accept in an open and competitive market.
Median Home Price
Median home price is a type of economic indicator that reflects the middle value of homes sold in Bangkok, where condos, such as the Met Sathorn and Magnolias Waterfront Residences, and single-family houses, like those in Nichada Thani and Setthasiri Sanpawut, serve as examples.
Median Household Income
Median household income is a type of economic indicator that measures average earnings of families in Bangkok, including both expatriates working in sectors such as finance and technology and local residents employed in industries like tourism and manufacturing.
Median Property Value
Median property value in Bangkok defines the middle price point of real estate assets, with types including condominiums, such as The Monument Sanampao, and detached houses, like those in Setthasiri Sansai, where half the properties cost more and half cost less.
Median Rent
Median rent in Bangkok is a type of financial metric that quantifies the middle value in a dataset of monthly rental costs, where properties like condominiums in Sukhumvit and detached houses in Sathorn serve as examples.
Mega City Project Development
Mega city project development in Bangkok is a type of urban development initiative, encompassing large-scale residential complexes like Magnolias Waterfront Residences, commercial hubs such as ICONSIAM, and infrastructure projects including mass transit expansions like the Bangkok Mass Transit System.
Merged Title
Bangkok real estate for foreigners encompasses categories such as residential properties (examples include condominiums, single-family homes), commercial properties (examples: shopping malls, office buildings), and industrial properties (examples: factories, warehouses).
Mixed-Use Development
Mixed-use development is a type of real estate project that combines residential, commercial, and entertainment spaces, examples in Bangkok including ICONSIAM and Siam Discovery, where condos, shops, and cinemas coexist.
Mixed-Use Property
Mixed-use property is a type of real estate development that combines residential units, such as condominiums, with commercial spaces, such as retail shops and offices, allowing for diverse functions within a single project, examples include ICONSIAM and Mahanakhon in Bangkok.
Modern Thai Design
Modern Thai design is a type of architectural style that incorporates traditional Thai elements, such as steeply pitched roofs, ornate finials (chofahs), and open floor plans, with contemporary materials and technology, examples being the use of glass and steel in Bangkok’s high-rise condominiums like The Met and Magnolias Waterfront Residences.
Mortgage
Mortgage in Bangkok real estate is a type of loan, allowing foreigners to purchase properties, such as condominium units and commercial spaces, through financial agreements with banks.
Mortgage Agreement
A mortgage agreement in Bangkok for foreigners is a type of loan contract, specifying terms including but not limited to interest rates, payment periods, and default consequences, between lenders such as Bangkok Bank, Kasikorn Bank, and foreign buyers or real estate investors.
Mortgage Broker
A mortgage broker, functioning as an intermediary, connects borrowers with lenders, where the broker’s expertise facilitates transactions in Bangkok’s real estate market, examples include aiding foreigners in obtaining loans for properties like condominiums and commercial spaces.
Mortgage Insurance
Mortgage insurance in Bangkok is a type of financial protection that lenders require from borrowers who make down payments less than 20% on properties such as condominiums or detached houses.
Mortgage Interest
Mortgage interest is a type of financial charge, applied to loans secured by real estate properties in Bangkok, such as condominiums and commercial buildings.
Mortgage Note
A mortgage note is a type of financial instrument, evidenced by condominium purchases by foreigners in Bangkok, which legally binds the borrower to repay the loan used to purchase real estate properties like condominiums or townhouses.
Mortgage Origination
Mortgage origination is a type of financial service process that involves loan applications, approvals, and fund disbursements for property purchases in Bangkok, where condos, such as The River and Magnolias Waterfront Residences, and houses in gated communities like Baan Sansiri and Nichada Thani, serve as examples for foreign investors.
Mortgage Repayment Period
Mortgage repayment period defines the length of time borrowers, including foreigners investing in Bangkok properties such as condominiums in Sukhumvit or luxury villas in Silom, commit to return the borrowed funds to the lender.
Mortgage Underwriter
A mortgage underwriter is a type of financial professional who assesses loan risks for banks, including Kasikornbank and SCB, by evaluating applicants’ creditworthiness, income stability, and property values in Bangkok.
MRT and BTS Proximity
“MRT and BTS proximity” is a type of location advantage that significantly influences property values, with examples such as the upscale condominiums near Sukhumvit MRT station and luxury apartments close to Siam BTS station demonstrating this impact.
Multi-Family Investment
Multi-family investment is a type of real estate investment that includes properties such as condominiums and apartment complexes, which are designed to house multiple families or tenants, evidenced by developments like The Metropolis Samrong Interchange and Noble BE19 Sukhumvit in Bangkok.
Municipal Tax
Municipal tax is a type of property tax that local governments in Bangkok, including the Bangkok Metropolitan Administration (BMA), levy on real estate owners, examples being commercial buildings like CentralWorld and residential properties like condominiums at The River.
Mutual Funds
Mutual funds, in the context of real estate investment in Bangkok for foreigners, are a type of investment vehicle that pools money from multiple investors to invest in a diversified portfolio of assets, examples include stocks of real estate companies and real estate investment trusts (REITs).
National Housing Authority
National Housing Authority (NHA) is a type of governmental body, overseeing affordable housing projects, examples include developments in communities such as Baan Eua Arthorn and Baan Mankong.
Negative Amortization
Negative amortization is a type of loan feature where monthly payments cover less than the interest cost, causing the loan balance to increase rather than decrease over time, examples include certain adjustable-rate mortgages in Bangkok’s property market.