Property investment in Thailand was a key topic at the International Real Estate Exhibition DOMEXPO, recently held in Moscow. DOMEXPO, the largest property exhibition held in Russia, welcomed companies from around the globe including Phuket-based property consultancy Sereb Company Limited.
Representatives from the firm held a conference titled, “Property Investment in Thailand – the best choice in the business cities and holiday homes”. “We think this year is a very good opportunity for investors. At the expo we have the booth space to promote Thailand Properties and the launching of Villa Medica Phuket,” said Nina Serebryakova, exhibition organiser from Thailand and international marketing committee of RESAM
Thailand Property Outlook
Being an owner of a Thailand condominium unit does not entail a passive role in determining the affairs of the condominium. Ownership vests a certain amount of control measured in terms of shares or voting rights determined by the amount of space occupied by the unit owned. Any individual owner may use this power to determine condominium policy such as deciding issues involving an increase in the maintenance and sinking fees and also whether to levy additional emergency funds. Certain voting requirements may vary depending on the controversy to be decided.
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