Laos is a poor but growing country with a communist government and no laws relating to strata-titled property like condominiums that give a title to an individual dwelling with some common areas. Because of this, buying commercial property in Laos can be a complex, but still profitable, endeavor. Those who wish to profit from land in Laos, but who are not residents, may only lease that land. Buying physical buildings themselves can also be a complicated operation, as laws relating to the purchase of commercial real estate are not always consistent.
However, the economy of Laos is growing, and rental property is in demand, creating decent rent yields. If you’re an adventurous entrepreneur who wants to become a part of this growth and you’re willing to work with a real estate agent to navigate the complexities of the purchase process and taxation system, you may do very well. In cities like Vientiane, which is the capital of Laos and is located along the Mekong River, it has been estimated that the population will grow as much as fifty percent between the years of 2015 and 2025.
The first step in finding commercial real estate to buy in Laos is to browse a truly state-of-the-art commercial real estate listing database like ours. With our extensive network of foreign real estate agents and brokers, you’ll find listings of all kinds that meet your needs as well as accurate and detailed information. The contact information for each listing is also easy to find, since you’ll want to speak with the agent who can guide you through the purchase.
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