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Will1

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Posts posted by Will1

  1. The properties will increase again In the furture, But when Is the guestion?

    You really think so ? I'm not so sure, and I speak as someone heavily invested in Phuket property. Much will depend on the attributes of a particular property. Have to say I am not looking forward to improving 2nd market properties prices in the near to long term.

    Yes, I do belive so. Just like they have done before. Just like all over the world this has happened and In london they continue to rise and full, It could be 10 0r 20 years In Thailand and unfortunately most of you won't get to see this.

  2. Not a good time to sell, unless you have something special.

    I agree, but do you honestly see a "good time to sell" in the future?

    The properties will increase again In the furture, But when Is the guestion?

  3. If it is not a town house but a freestanding house in Patong that is pretty unique. Millions of condos, guesthouses and townhouses it seems there but relatively few free houses. Should be relatively easy to rent out long term if it is in good shape.

    Either contact someone like Wellta who does strictly long term rentals or rent it out to groups making it cheaper than a hotel short term. Maybe to to hotels in the area and give them the link and commissions for booking.

    Take some high quality pictures on a sunny day then rent it out and try to sell it with a tenant.

    Once you have proof you rented it two three years could be a potential business opportunity for some... Makes more sense than buying a bar or massage shop at least.

    Condo,Townhouse and detached house, It cames down to what Is within your budget. Not everyone can afford a detached house.

  4. You'll have difficulty even "giving it away."

    Good Luck - you'll need it.

    GIve it to me, i can do you this favour smile.png

    He meant, "give it away" as in not for free, but at a greatly reduced price.

    He will have problems selling the property, even at a "give away" price.

    For the few properties that do get sold, every week, more and more come onto the market the week later.

    Just look at what Sharp had to offer in order to sell his property, and it technically has not really been sold yet, and could still fall through, within the next 3 years. So, it was on the market for 3 years - then vendor financed for 3 years. That's 6 years to sell, IF, the buyer meets their obligations over the next 3 years.

    Also, every week that passes, new properties are being completed, whilst construction starts on other properties.

    It's very difficult, to near impossible, to sell at the moment, and will get even harder in the future.

    This Is the attitude of people living In Thailand, penny pinching or Baht pinching. Due to rent being so cheap, Most can afford. 4m up Is just out of reach for most.

  5. The date & time now is 2013-04-04 13:38:33 GMT. For ATM rates, select the TT currency type.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-04-04 10:20 GBP50 THB 44.5 44.5 0.022472 Chart Super Rich (Ratchadamri) Thailand 2013-04-04 10:20 GBP20-5 THB 44.4 44.4 0.022523 Chart Government Savings Bank Thailand 2013-04-01 05:53 2 GBP THB 43.72 43.72 0.022873 Chart Bangkok Bank Thailand 2013-04-04 06:30 4 GBP THB 43.63 43.63 0.02292 Chart Bank of Ayudhya Thailand 2013-04-04 10:07 7 GBP THB 43.52 43.52 0.022978 Chart Krung Thai Bank Thailand 2013-04-04 09:20 GBP THB 43.51 43.51 0.022983 Chart Super Rich (Ratchadamri) Thailand 2013-04-04 10:20 GBPS THB 43.5 43.5 0.022989 Chart UOB Thailand 2013-04-03 17:00 6 GBP THB 43.48 43.48 0.022999 Chart Thanachart Bank Thailand 2013-04-04 07:41 9 GBP THB 43.42 43.42 0.023031 Chart Kasikorn Bank Thailand 2013-04-04 08:14 7 GBP THB 43.39858 43.399 0.023042 Chart Siam Commercial Bank Thailand 2013-04-04 09:50 GBP THB 43.38375 43.384 0.02305 Chart TMB Thailand 2013-04-04 10:14 11 GBP THB 42.7 42.7 0.023419 Chart

    Percentage difference between minimum and maximum exchange rates above = 4.22%

    Average bank exchange rate from data above: 1 GBP = 43.5968608 THB

  6. The date & time now is 2013-03-14 14:51:09 GMT. For ATM rates, select the TT currency type.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-03-14 09:43 GBP50 THB 44.5 44.5 0.022472 Chart Super Rich (Ratchadamri) Thailand 2013-03-14 09:43 GBP20-5 THB 44.4 44.4 0.022523 Chart Kasikorn Bank Thailand 2013-03-14 11:20 3 GBP THB 43.54209 43.542 0.022966 Chart Bank of Ayudhya Thailand 2013-03-14 10:08 7 GBP THB 43.53 43.53 0.022973 Chart Thanachart Bank Thailand 2013-03-14 09:56 4 GBP THB 43.52 43.52 0.022978 Chart Bangkok Bank Thailand 2013-03-14 01:30 1 GBP THB 43.52 43.52 0.022978 Chart Government Savings Bank Thailand 2013-03-14 03:26 2 GBP THB 43.51 43.51 0.022983 Chart Super Rich (Ratchadamri) Thailand 2013-03-14 09:43 GBPS THB 43.5 43.5 0.022989 Chart UOB Thailand 2013-03-13 17:00 5 GBP THB 43.5 43.5 0.022989 Chart Krung Thai Bank Thailand 2013-03-14 09:16 GBP THB 43.48 43.48 0.022999 Chart Siam Commercial Bank Thailand 2013-03-14 08:21 GBP THB 43.4275 43.428 0.023027 Chart TMB Thailand 2013-03-14 09:21 6 GBP THB 42.21 42.21 0.023691 Chart

    Percentage difference between minimum and maximum exchange rates above = 5.43%

    Average bank exchange rate from data above: 1 GBP = 43.5532992 THB The date & time now is 2013-03-14 14:53:26 GMT. For ATM rates, select the TT currency type.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-03-14 09:43 THB GBPS 0.022472 0.022 44.5 Chart CIMB Thai Thailand 2013-03-14 10:10 3 THB GBP 0.022471 0.022 44.5025 Chart Super Rich (Ratchadamri) Thailand 2013-03-14 09:43 THB GBP50 0.022321 0.022 44.8 Chart Bank of Ayudhya Thailand 2013-03-14 10:08 7 THB GBP 0.022306 0.022 44.83 Chart UOB Thailand 2013-03-13 17:00 5 THB GBP 0.022302 0.022 44.84 Chart Krung Thai Bank Thailand 2013-03-14 09:16 THB GBP 0.022287 0.022 44.87 Chart Kasikorn Bank Thailand 2013-03-14 11:20 3 THB GBP 0.022272 0.022 44.89875 Chart Bangkok Bank Thailand 2013-03-14 01:30 1 THB GBP 0.022267 0.022 44.91 Chart Thanachart Bank Thailand 2013-03-14 09:56 4 THB GBP 0.022262 0.022 44.92 Chart TMB Thailand 2013-03-14 09:21 6 THB GBP 0.022222 0.022 45 Chart Government Savings Bank Thailand 2013-03-14 03:26 2 THB GBP 0.022193 0.022 45.06 Chart Siam Commercial Bank Thailand 2013-03-14 08:21 THB GBP 0.022185 0.022 45.075 Chart

    Percentage difference between minimum and maximum exchange rates above = 1.29%

    Average bank exchange rate from data above: 1 THB = 0.0222966 GBP

  7. The date & time now is 2013-03-13 14:43:50 GMT. For ATM rates, select the TT currency type.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-03-13 09:03 GBP50 THB 44.45 44.45 0.022497 Chart Super Rich (Ratchadamri) Thailand 2013-03-13 09:03 GBP20-5 THB 44.35 44.35 0.022548 Chart Bank of Ayudhya Thailand 2013-03-13 10:00 6 GBP THB 43.56 43.56 0.022957 Chart UOB Thailand 2013-03-12 17:00 3 GBP THB 43.55 43.55 0.022962 Chart Super Rich (Ratchadamri) Thailand 2013-03-13 09:03 GBPS THB 43.5 43.5 0.022989 Chart Kasikorn Bank Thailand 2013-03-13 03:06 2 GBP THB 43.48219 43.482 0.022998 Chart Krung Thai Bank Thailand 2013-03-13 09:12 GBP THB 43.48 43.48 0.022999 Chart Thanachart Bank Thailand 2013-03-13 04:39 2 GBP THB 43.45 43.45 0.023015 Chart Bangkok Bank Thailand 2013-03-13 01:30 1 GBP THB 43.38 43.38 0.023052 Chart Siam Commercial Bank Thailand 2013-03-13 09:00 GBP THB 43.33 43.33 0.023079 Chart Government Savings Bank Thailand 2013-03-13 01:35 1 GBP THB 43.33 43.33 0.023079 Chart TMB Thailand 2013-03-13 09:11 5 GBP THB 42.23 42.23 0.02368 Chart

    Percentage difference between minimum and maximum exchange rates above = 5.26%

    Average bank exchange rate from data above: 1 GBP = 43.5076825 THB

  8. The date & time now is 2013-03-12 14:53:58 GMT. For ATM rates, select the TT currency type.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-03-12 09:38 GBP50 THB 44.4 44.4 0.022523 Chart Super Rich (Ratchadamri) Thailand 2013-03-12 09:38 GBP20-5 THB 44.3 44.3 0.022573 Chart Super Rich (Ratchadamri) Thailand 2013-03-12 09:38 GBPS THB 43.5 43.5 0.022989 Chart Krung Thai Bank Thailand 2013-03-12 09:23 GBP THB 43.45 43.45 0.023015 Chart Bank of Ayudhya Thailand 2013-03-12 10:10 7 GBP THB 43.43 43.43 0.023026 Chart UOB Thailand 2013-03-11 17:00 5 GBP THB 43.42 43.42 0.023031 Chart Bangkok Bank Thailand 2013-03-12 08:30 4 GBP THB 43.41 43.41 0.023036 Chart Kasikorn Bank Thailand 2013-03-12 01:51 3 GBP THB 43.39109 43.391 0.023046 Chart Thanachart Bank Thailand 2013-03-12 08:56 5 GBP THB 43.33 43.33 0.023079 Chart Government Savings Bank Thailand 2013-03-12 01:58 2 GBP THB 43.3 43.3 0.023095 Chart Siam Commercial Bank Thailand 2013-03-12 09:42 GBP THB 43.09375 43.094 0.023205 Chart TMB Thailand 2013-03-12 09:18 7 GBP THB 42.19 42.19 0.023702 Chart

    Percentage difference between minimum and maximum exchange rates above = 5.24%

    Average bank exchange rate from data above: 1 GBP = 43.43457 THB

    • Like 1
  9. The date & time now is 2013-03-11 14:40:43 GMT. For ATM rates, select the TT currency type.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-03-11 07:22 GBP50 THB 44.5 44.5 0.022472 Chart Super Rich (Ratchadamri) Thailand 2013-03-11 07:22 GBP20-5 THB 44.4 44.4 0.022523 Chart Bank of Ayudhya Thailand 2013-03-11 10:07 6 GBP THB 43.68 43.68 0.022894 Chart Bangkok Bank Thailand 2013-03-11 01:30 1 GBP THB 43.67 43.67 0.022899 Chart Kasikorn Bank Thailand 2013-03-11 06:48 2 GBP THB 43.66938 43.669 0.022899 Chart UOB Thailand 2013-03-10 17:00 3 GBP THB 43.63 43.63 0.02292 Chart Government Savings Bank Thailand 2013-03-11 01:36 1 GBP THB 43.61 43.61 0.022931 Chart Thanachart Bank Thailand 2013-03-11 10:04 4 GBP THB 43.6 43.6 0.022936 Chart Krung Thai Bank Thailand 2013-03-11 09:07 GBP THB 43.6 43.6 0.022936 Chart Siam Commercial Bank Thailand 2013-03-11 07:06 GBP THB 43.535 43.535 0.02297 Chart Super Rich (Ratchadamri) Thailand 2013-03-11 07:22 GBPS THB 43.5 43.5 0.022989 Chart TMB Thailand 2013-03-11 09:16 6 GBP THB 42.38 42.38 0.023596 Chart

    Percentage difference between minimum and maximum exchange rates above = 5%

    Average bank exchange rate from data above: 1 GBP = 43.647865 THB

  10. It was 45 to the quid when I first came to LOS, but worth twice as much. Certainly got a lot more bangs for the buck back then.

    With the bangs being the keyword ?biggrin.png

    Absolutely- boom boom.

    Seriously, after 97 was a great time in LOS for anyone with quids.

    Bank Country Updated by bank Update

    no. From To Rate Quantity

    * rate Inverse

    of rate Chart Super Rich (Ratchadamri) Thailand 2013-03-09 09:36 GBP50 THB 44.6 44.6 0.022422 Chart Super Rich (Ratchadamri) Thailand 2013-03-09 09:36 GBP20-5 THB 44.5 44.5 0.022472 Chart Krung Thai Bank Thailand 2013-03-08 10:57 GBP THB 43.95 43.95 0.022753 Chart Bank of Ayudhya Thailand 2013-03-08 09:50 7 GBP THB 43.93 43.93 0.022763 Chart UOB Thailand 2013-03-07 17:00 2 GBP THB 43.93 43.93 0.022763 Chart Bangkok Bank Thailand 2013-03-08 01:30 1 GBP THB 43.92 43.92 0.022769 Chart Thanachart Bank Thailand 2013-03-08 09:57 4 GBP THB 43.85 43.85 0.022805 Chart Kasikorn Bank Thailand 2013-03-08 04:59 2 GBP THB 43.83785 43.838 0.022811 Chart Government Savings Bank Thailand 2013-03-08 08:55 2 GBP THB 43.79 43.79 0.022836 Chart Siam Commercial Bank Thailand 2013-03-08 05:30 GBP THB 43.7275 43.728 0.022869 Chart Super Rich (Ratchadamri) Thailand 2013-03-09 09:36 GBPS THB 43 43 0.023256 Chart TMB Thailand 2013-03-08 09:14 5 GBP THB 42.69 42.69 0.023425 Chart

    Percentage difference between minimum and maximum exchange rates above = 4.47%

    Average bank exchange rate from data above: 1 GBP = 43.8104458 THB

  11. make me laugh when i see you guy's crying at 45 bath cheesy.gif

    Canadian $$$ always bee around 30 bath and we never said anything about it bcz it's life coffee1.gif

    If you can't make a living in Thailand with that, go back to work or you can probably enjoy your retirement somewhere in Africa thumbsup.gif

    Ps: if some of you are curious about my avatar it's a add of Aston Martin pre owned car....

    " You know you're not the first, but do you really care ? "

    wai.gif

    If you're worried about the cost of baths, take a shower instead, they're cheaper....... Always happy to help :0)

    12 minutes In a shower Is an equivalent to a bath.

  12. Personally, I think we will see the Thai baht reach around THB35 : £1 and at that point, we will either see the pound strengthen and the Thai economy weaken.

    As far as the UK economy is going, theres not that much bad news around at the moment.

    Europe is getting its house in some sort of new order.

    America has just seen the Dow Jones reach record levels.

    Reposessions are the lowest since 2008

    Interest rates are at historic lows

    Inflation is around 2.5% and falling

    Perhaps in 3 years time, we will be back to an economic state of around 2002 in the UK.

    I agree with your guess of GBP bottoming at THB 35.

    However, I don't see good news for UK economy. It will take more than 3 years. The UK oil bubble has burst and oil imports will increase every year as production declines and more oil needs to be imported. The oil bubble from around 1985 to 2005 forced up GBP and caused a lot of manufacturing to die off due to high GBP rendering them uncompetitive.

    My guess. 20 years to improve UK economy and get GBP back up to 40-45 to THB. GBP will never get back to 70 THB.

    Will be interesting to keep this thread in 10 years time smile.png

    If the exchange rate goes 35, then I will 'try' and sell my real estate which I purchased at 68 smile.png

    I also bought at 66, And enjoying having rent In Thai baht cashed In pounds

  13. I'm with the OP. Only reasons to smoke are youthful stupidity and plain stupidity.

    So what is the use of learning anything in the knowledge that you are going to die and it will all be lost? There are arguments (poor ones) so I will add another. What is the point of having a child when you know that even if they avoid all other pitfalls then the cause of the death is you having a child in the first place?

    BS

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