marina one residences showflat

In case you do not qualify for a mortgage right away you could use a lease structure to make your dream property more affordable. So far the lease with option to buy is the best way to go. Just note that any lease for a term of more than 3 years must be registered on the title deed at the land office. Most local Thai lawyers can handle this transaction on your behalf for a small fee. But I suggest that your Thai wife (if you have one) take care of it since it is actually not too complicated.

By leasing to buy there are some benefits:

1. You pay monthly lease of marina one residences showflat the property for say 1 year, then you purchase the property and the money you spent on the lease can now be deducted the down payment according to the contract you signed with the property owner.

2. This give you 1 year to see if this property and the location is actually right for you. If not, just walk away and lease a new home in another location.