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Contact us
The most effecient way for RentsBuy team to support you, you directly call us (020 23333347) and inform us what you are looking for clearly. Our sales team then will be servicing you.
Web tool
RentsBuy.com is the easiest way to find whatever you are looking for. Our web and offline database are updated daily and have even more records than you see on the website. Do not hesitate to call us if you cannot find your dream property online/let us know the IDs of the properties which you are interested in, we then schedule a visit.
Servicing
We recommend a physical visit of the prefered properties. Visiting properties tell you a lot more than just pictures both look and feel. Our team will set an arrangement with you and landlord for scheduling a visit. We will service you until you find the right property, right landlord and the right price with fair negotiation between leasee and leaser.
Standard lease agreement, as well as list of furniture, house wares both existing and brought-in will be provided. We will be with you until you have fully settled down. When you have problem, we will always be there to assist to sort things out to ensure your satisfaction thorough the contract period.
Our service covers mainly the capital city of Vientiane, with a growing list of properties and local sales representative in Vangvieng, Luang Prabang, Savannakhet and elsewhere in the Lao PDR.
We do our best efforts to help you get a right home, at fair price and right landlord. We have a good team work with professional service and we are ready to help and support you thorough the contract period.
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House and Apartment Rental Guide
The Property Hunt
There are no clear zones for apartment or house rental in Vientiane. They are spread around Vientiane, mixed with Lao community. Most of expats are selecting to live close to their children's shool, offices and facilities, particularly Vientiane International School and Sengdara Fitness Center. Sorting by districts where foreigns like to live the most are Sisattanak, and Saysettha.
Rental Payment in advance
As you know that for the serviced apartment is fully furnished. You walk in with your suitcase to live in. For the house, most of houses are furnished with basic furniture such as bed, mattress, dinning table and etc. Also, the fridge, TV set, water dispenser and etc are usually provided.
Discountable or not?
Most of our customers are happy with RentsBuy's service because our sales team are able to help the customers get a good deal.
The rental price reduction is possible, down to 5, 10 or 20% with the formula of advance payment against additional furniture and electrical appliances requested. For the tenant who pays longer term in advance has more power to negotiate and vice versa.
There is not much room for negotiation for renting an apartment.
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Having a property for rent is one of the dreams of most us. Being the first time landlord is exciting and need to know the basic practical information of the rental market in Laos to keep a tenant as following.
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How to buy a property in Laos
There are 5 critical steps:
- Finding a property in Laos
Seeking a property to purchase in Laos can be a tricky one. You would find anyone can be a real estate broker, even a taxi driver. You may receive many offers from agents who are professional, unprofessional or amateur. They are trying to approach and sell you the properties. However, you are recommended to contact a professional and reliable real estate brokers, who has a license to assist you to get a better deal in more secured manner. You will have to carefully select a right property broker company. RentsBuy was born just for this mission to help you find a right property at a right price, the best deal and secured manner..
- Property due diligence
After selecting a property to buy, you will have to check the property for the legal issue before any further commitment to find out it is clean to buy. Verifying a property is not so difficult if you have a good agent to help. RentsBuy can help you check with the related authority. It should take about a couple of hours. One property shall have only one land title which can be verified with land authority. -
Foreigner can own a property in Lao or not?
By law, a foreigner is not allowed to a property in Laos. However, some foreign invested enterprises can own land with some restrictions as set out in the Land Law and Investment Promotion Law. In practice, some arrangements have been used by foreigners to hold land in Laos through Lao nominee, or marrying with Laotian. Foreign individual can join with a Lao partner to set up a new venture entity. The Lao partner has to hold more than 50% of the shares. In such a case, foreign enterprises can own land and have the land titles in their company's name. However, unlike the titles for Lao nationals, the titles for foreign enterprises will have a time limit depends on the terms of investment based on which foreigner enterprises are eligible to buy land. Normally by law, the foreign enterprise licence is limited period from 50 years to 75 years maximum and extendable. The obvious advantage of such incentive for foreigners, compared with lease or concession which is the foreign owners may transfer their lands to others (including Lao nationals) during the relevant term of investment, which would be much better than transferring facilities without land title or returning the land to the Government without compensation -
Payment to buy the property
A payment negotiating with the land owner is sometimes tricky. In normal practice, payment for the property shall be divided into two parts. First payment is made for ownership transfer. It is usually about 30-50% of the total property value. After completion of the land ownership, the buyer shall settle the remaining payment to the landlord to exchange the newly purchase land deed. - Land ownership Transfer Fee and Tax
Government has their own valued price of the land in each area and zoning for tax purpose. In addition, different location has different ownership transfer rate price. Fee is different characterized by major road frontage/minor road. It is 6% charged of purchase property to tax/custom under government assessed property price. The tax is charged when there is a new ownership transfer. This is different from the annual land tax.
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Listing of your properties on RentsBuy.com via our administration
There are two ways for listing with us.
1/ You can list by yourself at mahasab.com free of charge, no commission unless you can sell it yourself. Just register and sell at a very user friendly features.
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