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  3. What Is EIA? Key Insights Before Home Buying

What is EIA? Key Insights Before Home Buying

FazWaz
Written by FazWaz
Hudaa Dolah
Edited by Hudaa Dolah
Chanvit Khanijoun
Reviewed by Chanvit Khanijoun
What is EIA?

💰“Investing in EIA Thailand properties with eco-friendly developments is on the rise with a 20% increase in the next couple of years.”

 

EIA or Environmental Impact Assessment-approved on many property sale boards attracts you to wonder what it is while driving a car? Is it important? How does it relate to your next home and what benefits does it bring? 

In this article, we will clarify EIA and provide key insights you need before buying your property in Thailand.

 

Table of Contents

 

What is EIA?

EIA stands for Environmental Impact Assessment. It is a key process helping you understand how new development projects will affect the environment.

EIA is a tool to pinpoint and tackle any potential environmental issues a project might cause. You'll often come across what EIA is when you are on your home buying journey

Why is it important for you? Considering an EIA before buying property in Thailand helps you make an informed, eco-friendly decision. Your decision will enhance your living experience and also support a sustainable investment that's likely to retain its value.

How to Identify EIA-Approved

How do you identify EIA-approved properties? It's easy, and I'll guide you through three simple ways. 

First, look for EIA approval marks, shown as symbols on the property site or sales boards along the road. Sale marks are a clear indicator that the property passed the environmental impact assessment. 

Second, you can check from the government database by searching for a property's name on their website. It will provide you with all the insights you need. 

EIA Smart

Lastly, websites like FazWaz list eco-friendly properties, making it easy to find environmentally conscious homes.

Top 3 EIA-Approved Projects for Eco-Conscious Living

Once you know how to check for EIA-Approved properties, you may wonder which type to choose: condos, houses, or land? 

Don't worry; I've got you covered! I recommend three exceptional projects that have already passed EIA assessment. Three projects below designed with environmental sustainability in mind ensuring you benefit from a responsible and eco-conscious living experience. 

You can trust the following condo, house, and land are a wise investment for a greener future.

  • The Bangkok Thonglor
  • View Talay Villas
  • Land for Sale in Karon Beach

The Bangkok Thonglor

The Bangkok Thonglor sits in the vibrant district of Thonglor in Bangkok City. It is an eco-conscious condo project with EIA approval. It prioritizes environmental sustainability with modern eco-friendly systems, efficient waste management, and green spaces, creating a responsible and eco-conscious living environment. Owning The Bangkok Thonglor I believe you will enjoy a sustainable lifestyle in the heart of Bangkok.

View Talay Villas

Looking for a luxury pool villa in Pattaya? I strongly recommend you look at View Talay Villas as it also received EIA approval. EIA approval ensures your investment is environmentally responsible. View Talay Villas offers lovely homes and has a positive impact on the community and environment.

Land for Sale in Patong Beach

As an investor seeking land in Phuket, I highly recommend focusing on the Patong area where numerous land for sale come with EIA approval. This approval is crucial as it allows you to confidently proceed with constructing condo projects, knowing you're in compliance with environmental standards. 

Furthermore, properties in Patong often come with a Chanote title deed, the most secure type of land ownership in Thailand ensuring a clear and straightforward investment. EIA approval and secure land title make Patong a prime investment choice in Phuket's booming real estate market.

How EIA Benefits Your Property

Thailand Property Price Increase

Buying a property with EIA approval enhances your property value. Down below are three main advantages you can enjoy:

  • Resale Value: Having an Environmental Impact Assessment (EIA) done on your property can boost a property value. It tells potential buyers that your property meets environmental standards and lowers chances of future environmental problems. This makes your property more appealing in the real estate market potentially increasing its selling price.

  • Quality of Life: EIA enhances your property value with quality of life now and in the future. You can enjoy cleaner air, access to green spaces, and a healthier living environment. Additionally, a well-planned EIA can mitigate noise pollution and other environmental nuisances enhancing overall comfort and well-being.

  • Long-term Sustainability: EIA ensures your property long-term sustainability by evaluating environmental impacts and implementing measures like energy efficiency, waste management, and water conservation. They can reduce your costs and promote environmental responsibility, enhancing your property's resilience and sustainability.

Future Trends in EIA for Thailand Property

EIAs are trending towards a greener future in Thailand property market.  We're seeing a projected increase in eco-friendly developments by 20% in the next couple of years. Investors are truly leaning into this favoring properties that prioritize sustainability and environmental responsibility.

Your EIA-Approved Homes Anticipate You!

Got all EIA insights? Great, your journey to eco-friendly living starts here! Explore our EIA-approved properties in Thailand. They enhance your living experience while boosting your property value. 

Embrace homes that adhere to the highest environmental standards offering you a sustainable and luxurious lifestyle. Don't just buy a property; invest in a greener, cleaner future with us. Check out Fazwaz listings and make your move towards a more responsible and fulfilling living experience today!

Search Your Property Now!

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