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Category Archives: Real Estate – Housing -Gardening
Property investors are currently drawing up a law that will call on the National Assembly (NA) to consider foreigners to be able to purchase apartments, according to officials in the sector.
Under the Investment Promotion Law that was put into effect in 2014, foreigners with a registered investment of US$500,000 can own a plot of residential land but officials from the Ministry of Planning and Investment say they have found it difficult to enforce the …. Continue reading
Prime Minister Thongloun Sisoulith says he wants to end the Lao government’s policy of bartering land for development, in a reversal of a long-term practice that has seen large swaths of the country go to foreign-backed investors.
“The business sector should not convince the governmental sector to create debts for the nation,” Thongloun told the Lao version of the chamber of commerce earlier this month. “In recent years, many big development projects, including …. Continue reading
There are always a large volume of rental houses targeted at any one time in Vientiane. The difficulty lies in separating quality homes from those which are clearly substandard. I estimate that only around 25% of rental properties available at any one time are of sufficient standard to house expatriates. Short supply of livable properties creates high and fast-paced competition amongst potential tenants.
Even more it’s important for an Expat to understand the mechanics of the Lao Real Estate market.
First of all let me start with the agents: ….. Continue reading
It’s a well known fact that Laos has one of the world lowest electricity rates. However, there is always a lot of talk about ‘foreigner rates’ for residential power and water supplies. So is there a special rate for expats ? The answers may indeed surprise some people.
It turns out that residential properties, businesses, industry and embassies are charged at ……. Continue reading
Growth in Vientiane residential house and apartment construction will remain slow for the remainder of this year but is expected to accelerate by 10 percent next year.
Growth is slower because many projects in Laos rely on Chinese investors who are being restrained under the Chinese government’s policy against corruption. This is discouraging investors from …. Continue reading
Tired of the heavy wooden “Chinese” furniture ? Want something new, more modern, stylish and comfortable ?
Expats in Vientiane are now offered a wide range of styles and tastes from traditional to contemporary. Furniture selections include bedroom furniture, living room furniture, dining furniture and occasional furniture.
The following three shops are my personal favorites: Continue reading