Before starting your search Landed Houses in Myanmar, it’s best to have a clear understanding about exactly what you’re looking for. Are you looking for a renovation job? Looking for something ready to move in? Understanding your own requirements will make the search a lot easier. If you’d like to consult with one of our agents, contact us.
Looking for the best houses for sale in Myanmar?
If you’re looking for assistance whilst searching for houses for sale, we’ll first need to determine the exact reason why you’re looking to buy. Are you looking to start a family? Is it an investment with intent to sell within 5 years?
Once we’ve found out your reason for buying, this will help aid our team to find the most suitable houses for sale to match your demands.
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Why buy a house over a condominium? |
The biggest benefit of owning a House over a condominium is the fact that you’ll also be purchasing the Land. Other benefits include the extra space you’ll have. Another good point is that most condominium apartments don’t allow pets. If you have a dog or a cat it can be very difficult to live in a condominium. |
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What are the additional costs associated with buying a house? |
Buying a house has several additional costs compared to an apartment. Generally, houses are older than condominiums, meaning that structural maintenance might be required. You’ll also need to budget for services such as Pest Control, Water treatment, and renovations. |
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What type of Land is the house built on? |
If you’re buying a house, it’s important to check what type of land the house is built on. In Myanmar, there are several different types of Land which isn’t allowed to be built on. It’s best to double check with the local authorities before making any purchase final. |
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What are the steps to buying a house? |
1. Check all documents – The seller will need to give you a full list of ownership documents from the point of construction to today. 2. You’ll need to head to Oeain and check the documents you’ve been handed match Oeain’s records 3. If the house is inherited, you’ll need to make sure that all family members sign the contract. They’ll also need to a sign a separate document stating that their future grand children have no rights to claim this property. 4. Once the contracts have been signed, you’ll need to go back to OEain and change the Title on the Land Deed. |
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Can foreigners buy a house in Myanmar? |
The short answer is no. Foreigners are not allowed to own houses or land in Myanmar. They’re allowed to own condominium units; however, this must not exceed 40% of the total units within the building. |
When purchases a House it’s always good to get a second opinion. If negotiations are getting serious, bring a contractor to the house to complete an inspection. You’ll also want to find out information about the local area for flooding.
If you have any questions or would like personalised guidance on your next big move, feel free to contact us. You can also connect with our Facebook community.
