Effective and Efficient Property Management in Thailand, Residential and Commercial

Implementing effective management concepts from the US we have built an international full-service property and asset management company designed to make owning offshore real estate investments hassle-free while adding value and maximizing returns on well-located quality real estate investments.

We are a full-service property management company in business since 2002.  Our focus is on caring for your property and maximizing your net income. We specialize in residential properties located in the prime downtown area, where the demand for managed properties is highest.

Our Property Management team is comprised of professionals in accounting, legal, reservations, marketing, housekeeping, and maintenance.

Our services include:

• Experienced multilingual staf
• Online marketing and booking
• Utilities and administration fees payments
• Monthly owner statement with complete and organized accounting
• Maintenance and cleaning services

Online Marketing and Booking

Our service includes the promotion of your property. We have several websites and options available always focusing on your wishes and needs. Additional to our flagship webpage Premier casa website, we own several smaller pages with a more specified focus on various target groups. Furthermore, and especially for short-term rentals, we cooperate with Airbnb, Booking.com, and other listing pages for driving the maximum of attendance to your property.

Our advanced backend system allows us to integrate auto booking options, especially for short-term rentals. Our booking system is working fully automated and permanently synchronizing between the backend and the pages where your property is listed.     

Utilities in Thailand

In Thailand, all utility companies are state-run.

Electricity in Thailand

Electricity in Bangkok is provided by the Metropolitan Electricity Authority. The Provincial Electricity Authority supplies electricity for the rest of Thailand.

The maximum electrical voltage in Thailand is 220 volts. Two prong power outlets are used, which means that plugs are not earthed. This may pose a safety hazard for humans, so we recommend that you take precautions when it comes to using or connecting electrical devices. We also recommend that you use a surge protector otherwise sensitive computers and electronic devices might fail to operate properly.

Thailand has to import some electricity from neighboring countries. You should also be aware that many houses in Thailand are not insulated and if you are using air conditioning, your electricity bills will be higher when compared to an insulated home.

If you would like to connect or disconnect the electricity in your home, contact the local government office that is responsible for electricity. You will need to give them at least one week's notice.

Gas in Thailand

Most homes in Thailand have no direct propane gas supply. Propane gas used for cooking is available in different sized cylindrical tanks.

Many shops sell gas, you will have to pay a deposit for the first bottle. When you need a replacement, your shopkeeper can deliver a new bottle and remove the empty one.

Note that some apartments in the cities may have restrictions when it comes to the use of propane. You should check this with the building administrator beforehand.

Water in Thailand

Water in Thailand is not drinkable, we strongly recommend that you buy your water. Large containers of bottled water can be delivered to your house by water companies. Water dispensers are also available and there are water companies that provide large bottles that fit onto these dispensers.

The majority of the houses are supplied water through pipes, and the water is provided by the Local Waterworks Department. Although some houses use groundwater via holding tanks or from sunken wells for their main water supply.

Be aware that the sewage system in Thailand is not piped out to a central canalization, but instead houses and condos use septic tanks. This means when your drain gets clogged you should avoid using chemicals because the sewage decomposition is dependent upon the natural bacteria in the tank. The chemicals used to dissolve clogs in the sink will kill the bacteria, causing a serious problem

As with the electricity service, to connect or disconnect to a water supply, you must contact one of the branch offices of the Metropolitan Waterworks Authority and make sure you give them at least one week’s notice.

Paying bills in Thailand

The amount paid in utility and phone bills will vary according to the size of the family and usage but a typical family pays around 3000 Baht

Paying utility bills in Thailand is a very simple process, If you live in a condominium, you can even pay it at the front desk of your building, but keep in mind that they will probably charge you a service fee.

If you live in a house, you can pay utility bills at your local bank or the post office. However, the most common way to pay bills is at 7-11 stores.

In Thailand 7-11 stores are very popular, they are on every street corner and are open 24 hours a day. The service fee for paying bills is just 10 Baht. However, not all 7-11 stores offer this service, so look for a water tap or telephone sign on the door. This means that the service for paying bills is provided.

Make sure you pay on time because if you don’t you will not be able to pay at any of these convenient places and then you will have to look for an office for the specific utility’s provider, which sometimes can be hard to find.

Tax property rate in Thailand

Regardless of your status as a full-time resident, absentee landlord, or occasional visitor, you are subject to property taxes if you own property in Thailand. Every property is different and because of this, there are myriad different variables that lead to different tax obligations and benefits.

Thailand has three different tax property rates:

• If the property is used for commercial purposes, then the tax rate should not exceed 0.5% of the land and the building’s appraised value.
• If the property is used as a private residence, then the tax rate should not exceed 0.1% of the property’s appraised value.
• If the land is utilized for agriculture purposes, then the tax rate should be 0.05% of the appraised value.

What are Taxable Properties in Thailand?

For tax purposes, the properties are sub-categorized into the land, buildings, and condominium units.

• Land: is defined as the grounds which include areas that are hills and waterways.

• Buildings: can be houses, buildings, boathouses, or other constructions that are habitable or that can be used as storage units, as well as for industrial or commercial purposes.

• Condominium units: These are the condominium units to which a title document has been assigned under the Condominium Act.

What are the Exempt Properties?

The law specifically provides a list of properties that are exempt from land and building tax. Some of them are:

• Properties owned by the State, and that are used for non-commercial purposes.

• private properties that are used for public services are subject to criteria under subordinate legislation.

• properties in which are being used as offices of United Nations, embassies, consulates, and the offices of the Red Cross.

• properties that belong to religious organizations and that are used for this purpose.

• common properties that fall under the Condominium Act, such as swimming pools, gymnasiums, and parks

• properties that are specified in subordinate legislation such as railways, museums, wells, roads, lawns, and fences.