Nomyai

Yup there are foreigners here doing that.

There's also a gang trying to lure people into a house and then drug them...be aware...They have tried me about 5 times.

Where?

Synopsis. Plant trees, they mature, and you wonder why you lost so much money................lol. Seriosly leave rubber trees to the multi national conglomerates.

Theres worse places to live than NANA. Its not all bargirls!

i just bought a condo in usa. about what a nice 1 or 2 bed in thailand costs. i wouldnt be surprised if in 20-25 yeras it sells for $500,000 ...............hahahaha.

Can you say that about pattaya property?

Very strange.

You get the feeling there's a little bit more to this story ?

it just don't sound right !!!!!!

we need to hear the alligators side of the story.

Hope and Change, eh?

Yiou got to give it to him. He did what he set out to do.

Why sorry assed Repbs. made it so ez is the mystery.

Did all his voters know his fater is a communist..............lol.

I live in Ramkhamheang too, boring as hell in my book, but peaceful none the less....

I like an occassional day out in Nana - yes its not a place id live and its full of strange oddities, as far as Taxis are concerned they are all bad around sukumvit to foreigners.. its not just nana Asoke is no different, and after the clubs close you wont get many that put on meters.

Sukhumvit is not just Nana and Asoke.

oh yes it is.

'Affordable' is, of course, relative. In central Pattaya, a studio or one bedroom highrise with seaview in the 3MB price range is considered affordable. In comparison, a bigger 1 bedroom at Northshore is in the 7 to 8MB range. Not so affordable for most. Large studios at VT6 are around 4 to 4.5MB. So, in that context, The Base and Centric Sea are affordable relative to what else is available--especially newer build. Some may not want to live in a small box but, clearly, others do. I checked Hipflat, nice site, by the way, and the asking price per sqm for Centric Sea condos listed there is 99,424 Baht and up 4.08% from last year. The Base does even better--102,656 Baht per sqm, but down 0.66% from last year. Asking price and selling price will vary, as one poster noted, but it does serve as a starting point and a barometer as to where prices are at a given time. I find BKK condo prices at excellent locations by a subway station to be just as high as Pattaya and rents are generally lower. As for Lumpini, it's true that they build many projects geared to the lower middle class but not all of them fall into that category. Lumpini Park Beach Jomtien is in an entirely different class. I doubt many Lumpini projects have units in the 12 million baht price range but Park Beach does. Tons of amenities. Skip the 12MB units; the smaller 1 and 2 bedrooms offer better value there. Lots of absentee BKK owners so the complex is rarely busy, except on holiday weekends.

What I don't get is why any sane person would pay 3 million for a place in Central Pattaya. Jomptien yes, Naklua yes, but central Pattaya 55555555555555

Pattya was, is and always will be a 'hole with a crappy beach, terrible traffic, appalling infrastructure and a City Hall running it into the ground with inappropriate overdevelopment, while trying to persuade the masses that it is a world class tourist destination, which it is not and never will be.

Even the richest person has, at some stage, to emerge from their concrete habitat and face the reality, unless they start building helipads on top of the condos.

sex tourists have money. its just that businesses dont want to call em that.......hahaha..

lets be real-not much in pattaya to interest the non-sex conosieur.

I've looked all over the Internet for this one, but all I found are articles about a foreigner getting a mortgage from a Thai bank.

What I'm asking is whether a foreigner who gives a Thai a loan, can have a mortgage recorded against the property with the foreigner as the lender (not the owner). If so, what are the rules for such a mortgage?

I should add that the Thai and the foreigner in this case are not married, but have had a long relationship....no children.

Are you a licensed money lender?

Is op sane?

Before you purchase a condo in Pattaya. I think you should check with a real estate agent, because the prices are different enough. And buy with agent who in the business for many years.

Be4 buying a pattay condo you should check with a mental health doctor...............................hahahahaha.

Could not wait for him to die naturally,in a hurry

to get his assets.

regards Worgeordie

Didnt know Ippuns did this kind of thing. You know-marry village thai girls 30-40 years their junior!

Dont do it gentlemen! Thai girls dont love men their fathers age!

Maybe the lady friend can lend him a bra.

She isnt a gf. Language is part of the problem.

This is absolute proof being a bargirl is a hard job! I wouldnt wish this job on anyone.

A day late and a dollar short, where was he years ago, and his tears are the showman tears, the crocodile tears, there are aprox 300 million fire arms in the US, you try to take any of it from the gun crazed society of the US.....

Not about gun control. He wants to control your every move. He wishes he were Kim UN JONG...or whatever................hahaha.

Obamacare not about healthcare.

See a pattern.

Why is your wife even working?

If she needs the job and has to work on her day off.. Then she should blame you..

Or it has nothing to do with money, and it's you she's avoiding?

Or you're bored and had nothing better to do??

Good one! Op probably forces her to work...................hahahaha.

I'm thinking the OP was/is a shop steward or some other type of union rep.

hahahahahahahahahahahahahaha!

unless you are willing to die in one.

!. build property-value to you when finished- ZERO!

2. Buy condo- day after purchase value goes down 30-40%, juts like car depreciation.

Very low and has nothing to do with the problems facing America, or Hilary Clinton herself

Her staying with a womanizer says a lot about her charactyer!

Any lender will say show me the incum!

This is troll. Who gets a gf to be able to qulaify for mortgage....Got to be a joke!

I wonder how many Thai and Russian boobies are being aired out in the go go bars right about now? Finance minister needs to levy 500 baht fines for those venues and see a dramatic increase in GDB (Gross Domestic Boobies)

Most bars dont do nuditee! That should be something the police should look into...............................hahahaha.

Why all the HaTe?

We all know why Thailand is popular. Its the girls and what you can do with them..........................lol.

three persons (two good friends, one acquaintance) bought 6 units (all studios, price range 900k to 3.9m, foreign owned) in august, oktober and november 2015. 3 units were bought slightly below asking price, the other 3 at full asking price.

From what I know of Pattaya real estate, paying the asking price just means that some agent or rep somewhere has made a huge commission out of the sale and that the vendor will be very happy. The likelihood of being able to resell the same unit for the same price is very low.

Perhaps you can tell us for how long those properties were for sale at the asking prices? And how many offers were made by others, and how much they were for? That might cast more light on the true value.

i can tell you what i had for dinner yesterday and for breakfast today. i can also tell you that the buyers had specific, albeit completely different, reasons to accept the prices they paid. but i refrain from telling you the reasons because you won't understand as these reasons are light years apart from your thinking of "real/true value" and "reselling".

but i have to admit that buying a 38m² studio for THB 3.9 million to use three or four times a year for a couple of weeks each time is also light years apart from my thinking.

Interesting!

What kind of cosmic reasons can there be to pay asking price for real estate here, especially condos right now? Reasons so complicated, that none of us are unable to grasp?

There is only couple of reasons to buy a condo here, and I can't think of a single reason to pay asking price, unless that asking price is significantly lower than average in that building. I'm just curious.

As for all silly decisions made in thailand-i bet it has to do with a thai gurl..............................................hahahaha.

I have looked at some discounted places. Like some have said up to 50%.

But there is always some issue. Poor location or a major construction project nearby that will create noise for the next 2 years.

But my opinion is, why buy a place?

The rents are so cheap in Pattaya compared to my country for a nice ocean view in a quiet area.

I would never buy a place.

The only time it is a good idea to buy is if you are going to personally use it for at least 20-25 years, other than that it is silly.

I tried to sell my condo last year. 100 sq m in a popular modern unit near the beach. I asked a reasonable price 45,000 baht a sq m. (which is well below the rate being asked for the new condos in the same area). For six months i didn't get even one inquiry so i took it off the market. Seems the only way to sell is to drastically cut the price which i'm not prepared to do.

Ding ding! you have what is known as a loser! no winner winner chicken dinner for you.

can you tell us why you bought in the first place?

It will be tough unless you discount it , Pattaya is saturated will unsold condos ,

I already guessed that. But the question is how deep a discount do you need to move it relatively quickly, as in months instead of years. By discount I mean off the price levels you see in ads. For example, if you discounted 50 percent which would be horrible for the seller, would it still sit for years?

You go by what has sold. You dont go by what listed prices are.

define "small"

define successfull! hahahaha.

Serious, mangoes karts do quite well. Roam the village and pillage mangoes and voila you got zero cost product!