A love of beach and seaside property in our family's blood for many years ! A note from our original founder. From a boy of about age 7 my family who lived in Melbourne Australia used to take our winter holidays each year in the far north of beautiful tropical Queensland a big change from the cold wintery days in the Victoria. When we drove up north it was the very early days of beach land first being subdivided at Noosa, Sunshine and Airlie Beach and Shute Harbour etc in the far north of Queensland .Every day was a joy with warm weather, swaying palm trees and crystal clear blue seaside’s and the only sign of any real estate offices ever were caravans parked on freshly subdivided flagged plots that one salesman was offering for extremely low prices like $1,000 each ! My mother bought 3 lots of land for $1,000 each and resold them many years later for $300,000 each a fantastic return
Real Estate
Phuket and Krabi - The market in both these extraordinarily beautiful seaside Thai locations after Covid sure has really rebounded! Krabi is a most beautiful part of the world..it is full of amazing limestone/granite geological islands and mountains that are truly stunning..it is the gateway to hidden paradises like Koh Phi Phi including Maya bay, Koh Yao Yai and Koh Yao Noi and many beautiful islands. Out of interest ost of the islands and sea mounts in Krabi running up the west coast of Thailand are mainly composed of intrusive granitoids. These rocks are formed as a result of magma bubbling up from deep within the earth and forming protrusions and small mountains over millions of years. It is so beautiful many of the movie studios have made some great movies like, The Man with the Golden Gun filmed near Krabi on "James Bond Island "and "The Beach".
Land ownership in Thailand is governed by the Land Code Act and under Thai land laws only Thai nationals are allowed to own land or have a confirmed right of possession of land. Foreigners may not own land unless there is a treaty or exemption allowing the foreigner to own land in Thailand (section 86). Thailand has currently no treaty with any country allowing a foreigner to acquire land in Thailand. Any foreigner who violates foreign land ownership restrictions could be fined and/or sent to jail for a term of up to 2 years (Land Code act section 111). Only a foreigner who qualifies under section 96 bis of the Land Code Act may own up to 1600 square meters (or 1 rai) of land for residential purposes in specified areas. Foreign land ownership under section 96 bis among other requires an investment of not less than 40 million Baht in by the BOI approved Thai bonds