The Cloud
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Overview
A condominium tower in Pattaya known for its sky-high facilities.
Building/Community Amenities
- Cafe / Coffee Bar
- Clubhouse / Resident Lounge
- Fitness Center / Gym
- Garden / Courtyard
- Jogging / Biking Trails
- Laundry Facilities
- On-site Retail / Shops
- Playground / Kids Play Area
- Pool
- Restaurant (On-site)
- Rooftop Deck / Terrace
- Sauna
- Steam Room
- Yoga / Pilates Studio
Investment Insights
Legal & Ownership
Legal & Ownership Information
Ownership Structure
Ownership Rights
Full ownership rights (Freehold)
Foreign Ownership
Foreigners cannot directly own land in Thailand but can own buildings or condos with certain restrictions.
Tax Considerations
Property Taxes
property taxes are relatively low, based on property type and value
Transfer Tax
transfer fee of 2% of the official appraised value
Inheritance Tax
Capital gains tax is not directly applicable, but profits are subject to income tax
Important Considerations
Restrictions
- Foreigners cannot directly own land in Thailand but can own buildings or condos with certain restrictions.
Required Documents
- Obtain all necessary documentation and enjoy your new property in Thailand.
Financing Options
Financing Options
Financing in Thailand
Thailand property financing offers various options for foreign buyers seeking to invest in this vibrant real estate market. With loan-to-value (LTV) ratios typically ranging between 50% to 70%, Thailand provides attractive mortgage financing options, particularly for those interested in properties in bustling cities like Bangkok or serene coastal areas like Phuket. The country's stable economic growth, coupled with a growing real estate sector, makes it an appealing destination for international investors. Understanding the available mortgage options can significantly enhance the purchasing process for foreign buyers in Thailand.
Requirements for Foreign Buyers
- 1Valid passport
- 2Proof of income
- 3Bank statements from the past six months
- 4Tax returns
- 5Valid work permit (if applicable)
- 6Guarantor (in some cases)
- 7Completed mortgage application form
