Acquiring property in Thailand comes with certain risks, regardless of how the property is obtained. Unforeseen problems can arise, including eviction issues, disputes over ownership (e.g., the seller is not the actual owner), and restrictions on land use or building construction. These common issues highlight the importance of thorough Property Due Diligence. At Professional Corporate Services, our experts have extensive experience in identifying and mitigating these risks. We highly recommend that buyers commission PCS to conduct comprehensive Property Due Diligence to ensure a smooth and secure property acquisition.

The Property Due Diligence Report

As real estate experts, Professional Corporate Services knows exactly what information is important to verify. We dig deep into the property archives to retrieve relevant details and then prepare a report for our client. Reports can be ordered by buyers or sellers. Here is a list of what information we return in our report;

  1. Location
    1. Precise location of the property
    2. Accessibility
    3. Right to access
    4. Vicinity & environment
  2. Strata Title
    1. Strata Title
    2. Government accessed value
  3. Building Details
    1. Building - Improvement details
    2. Building - Structure and improvement inspection
    3. Building - Structure and improvement details
  4. Law and Regulations
    1. Town planning
    2. Building control regulations
    3. Expropriation
    4. Limitation to use
    5. Other regulations (if any)
    6. Government development plans (if any)
  5. Property Analysis
    1. Advantages and disadvantages of the property
    2. Opinions and comments (if any)
  6. Valuation
    1. Rationale
    2. Assumptions and conditions
    3. Other assumptions and special assumptions
    4. Valuation Methodology
    5. The value of the property
  7. Appendices
    • Location plan
    • Site map
    • Building layout plan
    • Aerial photographs
    • DSIMAP
    • City plan
    • Photographs of the property
    • Copy of the Strata Title

Litigation Against The Property Owner

Professional corporate services will also conduct a litigation search to check whether there are any litigation cases against the owner which may affect the property. In some cases, owners have been sued for various reasons and the plaintiffs have placed a lien on the property. This would certainly be causing the buyer a little problem or would not permit the property transfer to go as smoothly as it should.

SUMMARY - Property Due Diligence is a very important step in the real estate purchase process so we encourage property buyers to give us a call or make an appointment for a consultation with one of our Real Estate experts. Please remember the 1st consultation is totally FREE so don't hesitate to contact us for more information!

Contact PCS

Our Address

253 Sukhumvit 21 Road (Asoke), 25th Floor

Email Us

contact@pcsthai-1.com

Call Us

+66 2 109 5160

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