The Real Estate Market in Thailand

The current outlook in Thailand’s economy isn’t as positive as it once was. With the recent problems in Thailand and the fact that the new prime minister is going to be decided on by the military means that the property market is somewhat unstable.

However, Thailand is such a beautiful country and it still remains as popular as ever with tourists and ex-pats, which means real estate in the country should at least be relatively stable and not subject to too much volatility.

While the property market has been slowing somewhat, it’s not actually in decline. It’s only growing at a slower rate than in the past, so Thailand, especially koh samui remains a great place to buy real estate in. You can find the absolute best holiday accommodation in ko samui if you’re going to travel there to determine the current state of the economy yourself.

Thai developers remain extremely optimistic about the future of the property market in the country, and the major players are still investing heavily into property development, so we take that as a very positive sign. If the largest developers are still positive about the future, then we believe that’s a good enough indicator that Thailand is still a lucrative country for property.

There are a couple of changes to the building tax law in Thailand that you should be aware of too. The first is that there’s a change in how you go about a cost approach assessment and the second is that the tax is levied based on the land its self.

With the new way of doing things the tax is calculated from the appraisal of the property which is determined from the total price of the building and land prices, which are set by the government.…

Can A Landlord Charge For Plumbing Repairs?

Are you a tenant who is confused as to whether or not to do the plumbing repairs of your home by yourself? It is the sole responsibility of the property owner to carry out all repair and maintenance work of the rental property including plumbing, electrical, water, etc… This article, however, will focus on the plumbing repair and maintenance.  Read through the below points to learn in detail.

  1. Prior to a tenant moving into a new rental property, an agreement is signed between the landlord and the tenant called the rental lease and a fixed amount of money is paid towards the rent and security deposit. The lease clearly states that on paying the assured sum of money, the rental property is made available to the tenant in a decently liveable condition. This condition includes good plumbing work in the entire property, both inside and outside. Any violation in this law can be deemed as a legal violation of the lease and subject the landlord to carry out the required repair and maintenance works to the satisfaction of the tenant.
  2. Additionally, the tenant can also request the landlord to fix major plumbing works, which when left unattended may pose serious or fatal threats such as fungus or mold which can cause serious health issue or major leaks that can basically destroy the premises. Such conditions lead to the violations of the implied warranty of habitability, in which case the landlord must do the needful repair works. The tenant can withhold the rent or pay it to a third party until the damages have been resolved.
  3. The landlord can also be charged for neglecting repair and maintenance work. For example, despite several reminders on behalf of the tenant regarding a plumbing situation going worse, if the landlord does not heed to it, then he is responsible for paying for the repairs and all damages caused to the tenant due to the landlord’s negligence.
  4. Apart from repairs, it is the duty of the landlord to maintain the plumbing in the property. For example, the tenant finds a pipe broken, toilet not working or a block in the drain, for reasons unknown or not the responsibility of the tenant, the landlord must see to these and get the work done. The problem of blocked drains can be fixed by getting a simple drain unblocking Glasgow at a reasonably affordable price.
  5. However, any damages caused due to the tenant’s fault which leads to the damage of the landlord’s property, then in such cases the landlord can demand the tenant to pay up for the repair and loses.

Getting Your House Ready To Sell

Real estate is real property and when you are planning for an exchange, the procedures, finance, and effort involving a property are huge. If you are in no real need of money in the immediate future, it is ideal to wait until a buyer comes with a justifiable price for your asset. However, if you are very sure to make the deal as soon as possible without incurring a loss, you might have to put in extra effort in terms of advertising, bargaining, and maintenance.

Your house may not be always ready to be bought upfront

If your house has been occupied,  irrespective of the duration, it may need some patchwork here and there depending on the wear and tear. It may be painting, woodwork, plumbing and electrical, roofing or just cleaning. Alternatively, the house you are planning to sell may be a newly constructed, unused building. In this case, what you need is publicity and contacts.

There is one common factor in both the cases which definitely increases the value of your asset and also help you win the appreciation of the buyers. We are talking about the not so carefully done lighting.

People often see this just for the sake of visibility and some fancy lights for decorative purposes. Lighting your house is actually an art in the Modern Place. For a house to be out on sale, it is generally not advisable to spend huge sums of money on new lights alone. Instead, arrange and plan the lighting systems smartly, realizing their roles and functionality.

A bedside lamp adds the class look and comfy level of the bedroom, a table lamp pleases the bookworms and a strategically placed kitchen lighting will fetch the approval of the homemakers. For all those beauty-conscious people, arrange the lights of the dressing room as to avoid glares and artificial color impression.

The lights of the drawing room can be kept versatile to change according to the outside environment and enhance the occasions hosted by the room. Most important is the placing and matching with the wall paints.

Clever adjusting of the lights in the house is far more financially affordable than doing multiple works to uplift its look, plus, the more the functioning lights are, the more the category of buyers you will attract.…