Wednesday, October 26, 2011

Purchasing Land To Build Your Dream Home

When looking to purchase land to build a dream home here in Thailand, there are many factors to take into consideration. The first and most important assessment to make is the location of the land. Obviously the more prime the location the higher the price. Pratamnak has become the "Beverley Hills" of Pattaya and most believe this to be the best location in today's market. Land prices have risen around 150% over the last 8 years and this has shown a huge influence in the re-sale value of some of the housing in the area.

But most importantly is the shape of the land when considering what parcel to buy also. If you have an idea of the house design you want to construct, when looking at plots, make sure the plot can accommodate the footprint of the property.

If you have a set budget for the land and house, it is recommended that you get an indication of what the house is going to cost to build before you start looking at land to buy. In the past we have seen many cases where people have gone and purchased the land only for them to not fully understand many of the costs that they didn't consider in the build and so go over budget. Employ an architect and get some footprint plans made. Give these to two or three recommended contractors to obtain a quotation so you have some indication of build cost. Now you are in a position to understand your land budget. This in turn may determine the location that you can afford.

Make sure all land plots considered have all local utilities supplied to them or those utilities are very close to the plots. Government water and electric can cost millions to have installed if they are far from the plot. If you are going to build a large house and you require three phase electric, again make sure that this is in place. Water isn't such a major issue as you can create your own bore well, but water table levels have to be suitable and if they aren't then you may end up with a house with no water supply. If there is no electric supply to the plot you could wait months to have a supply connected and the costs can be massive, so check these fees before buying. Also if there is insufficient power supply you may end up having to buy a transformer, again more cost.

Whether you are using an agent to purchase land or searching by yourself, make sure you obtain the services of a reputable lawyer to ensure any land you are considering is suitable for what you are looking to build on it. Firstly the land should hold a Channot title. There are many forms of land titles here in Thailand, and the different titles can determine what the land can be utilized for. Secondly, the lawyer should make sure the person trying to sell is the true owner, so obtain a copy of the seller ID card and make sure the name on the reverse of the land title matches that of the person on the ID card.

Make sure the plots considered have sufficient land drainage. You aren't allowed to have water run-off going on to other peoples land parcels. So make sure the levels of the land allow for run-off and drainage to flow away from adjoining plots. Land fill can be expensive, and in turn this can also increase the build cost of the house if piling is required.

Going back to the locations that you are going to consider, I always try to give the buyer some insight into what the area may hold for future development. In the case of Pratamank, or city living, if there are empty plots close to the parcels you are considering, be aware that condominiums or apartment buildings could be built in the future. This will devalue the price of a property instantly and make it very hard to sell in the future. Try to look for land in areas that are built out already. If you are considering going further from town, for example out towards Huay Yai or Maprachan Lake, where land prices are more attractive, again check utilities and land titles first.

There are projects that offer building plots in enclosed developments here in Pattaya. If you need to be on a secure development and still require the luxury of building your own design, we do have options available to you. Obviously you will pay a premium for such parcels but you are assured to have all required utilities, security, well maintained roads and in some cases communal pools, etc.

See some of the best Pattaya condominiums at pattaya condos and consult with our representatives at pattaya property.


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Monday, October 24, 2011

Rural Property In The Waikato Is Perfect For People With Horses

The Waikato region in New Zealand's North Island is full of rich pasture and prime land for all types of rural endeavours. Along with the main city of Hamilton with its gorgeous lake and river, there are several popular towns including Cambridge and Te Awamutu. Nowhere in the region is further than an hour or two from the sea and you are always near lakes and rivers.

There is a wide range of rural property for sale in the Waikato, from farms of all sizes to lifestyle blocks and properties containing ready made fencing and shedding. Many properties are perfect for horse lovers, with stables, good fencing and plenty of paddocks. It's a great place for those who love keeping horses and enjoy participating in equestrian events of all kinds.

Cambridge is the "horse capital" of the Waikato, with some of the best thoroughbred horses in the southern hemisphere being bred in the area. However, the entire region is perfect for horses and world class performers have been raised in all parts of the region.

Horse lovers are never bored, there are always plenty of equestrian events to train for and become involved in. These include show jumping, dressage, eventing and pony club to name a few. There is a Western Riding Club as well as a Mounted Games Club. The Te Rapa Horse Trials are held in Hamilton twice a year, in autumn and spring.

Big rural events draw competitors, visitors and suppliers from all over the region. These are held each year, including the popular Fieldays at Mystery Creek, just south of Hamilton. Many towns hold their own annual A and P Shows, culminating in the Waikato A and P Show in Hamilton which features dedicated equestrian events as well as farrier demonstrations and competitions. The Waikato Equestrian Centre in Hamilton is the hub of equestrian information in the region and it's always easy to find out where your nearest event is being held.

Waikato is also an important region for the Riding for the Disabled, which teaches children with disabilities equestrian skills to improve their confidence, co-ordination, communication and independence among many other benefits. Volunteers - who may or may not be horse lovers - help the children by assisting with the programme in a variety of ways.

So if you are looking for a rural property of any size in New Zealand and also love horses, the Waikato is the perfect place to base yourself for an idyllic future full of a huge variety of equestrian events and a peaceful and very enjoyable rural lifestyle.

Looking for property sales in Waikato? Listings on our site vary from high quality homes, down through all price ranges to properties for first home buyers.


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Friday, October 21, 2011

So Many Foreign Nationals in the Philippines - Rights to Buy Property

Several thousands of foreign nationals in the Philippines have decided to make the country their second home. The number of Chinese, Japanese, Americans, British, Germans, Australians, Koreans, Indians, and other nationalities in the Philippines is staggering and ever growing.

Immigration Alien Registration division assistant chief Ferdinand Arbas stated that the number of Chinese living in the country went up from 30,809 in 2009 to 61,372 in 2010. The Korean's presence has increased from 24,876 in 2009 to 28,090 in 2010. In 2007, the U.S. State Department estimated that there were over 250,000 U.S. citizens living in the Philippines. The dual citizenship factor makes it a bit difficult to have an exact number of U.S. citizens residing in the Philippines. I do not think that anyone has an exact number to report yet. Perhaps, this number might have increased by at least 25,000 within the last three years, which would give a rough estimate of 275,000 (or more) U.S. citizens living in the Philippines.

You will find three main groups: those who go to school and others who are business owners; last but not least, the retirees. Thousands of Korean nationals attend English schools and many students from Iran and other countries study medicine. Thousands of Americans and numerous German Nationals, Australians, among others retire in the country. Retirees are privileged to do island hopping beyond their wildest dreams, due to the fact they can enjoy the breath-taking and panoramic sites of nearly 7,000 islands. Additionally, they can afford the luxury of a great standard of living at reasonable costs.

There have been many speculations floating around, saying that foreigners cannot buy any property in the Philippines. Eventually, it is incorrect. Let us explore this issue together. The Philippines Law prohibits foreign nationals from owning land in the Philippines, except as a minority partner with an interest of 40% or less. There are individuals who suggest that it is a great idea to set up a fake or dummy corporation to bypass the law. I caution you that setting up a "dummy corporation" for buying land, which is illegal in the Philippines.

Here is what you should expect if you try to circumvent the property laws of the Philippines, the authority can confiscate one hundred percent (100%) of your investment and you can even go to jail. One of the reasons why the laws are so stringent is that the Philippines government is very concerned about foreign exploitation.

The condominium market is the only legal way for a foreign national (foreigner) to invest in Philippine property market. For instance, a foreign national may have one hundred percent (100%) ownership of a condominium unit in any building, having an overall foreign ownership of forty percent (40%). In addition, a foreigner, who is married to a Filipino woman, can buy a house under the name of his wife, meaning that his wife's name is the only name that appears on the deed. That said, the husband's name is left out of the deed. The deed may mention that "name of the wife followed by the words 'married to...'" For those single men who are thinking about marrying Filipino women and not being comfortable with such real estate arrangements as far as the deed is concerned, you should then consider buying a condominium instead.

This is the only real estate property that the Real Estate Philippine Laws allow you to buy without having to have the deed under your name's wife. Moreover, the Philippines Property Laws allow foreigners to buy or own buildings and or houses legally as long as they do not own the land on which the houses or buildings are built. Foreign nationals, corporations and legally formed associations may lease land for a period of 25-50 years, which is renewable for another 25-50 years.

Written on July 12, 2011

Colbert Bellevue is the author of three eBooks: "Top Secrets to Approaching a Woman, Seducing Her, and Taking Her on a Date or Getting Her into Bed," "How to Get Many Pen Pals and the Woman of Your Dreams in the Philippines, Thailand, and China," and "The Whole Truths You Need to Know Before You Travel to the Philippines."

He has helped, free of charge, hundreds of single men and retirees to connect with great and beautiful female pen pals and the woman of their dreams online.

If you want to know more about How to Ask a Woman You Have Met Once or Twice out on a Date, click here: http://www.ebookspower.com/product_info.php?products_id=1612

©2011 Colbert Bellevue. All rights Reserved.


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