WhatsNext

5 minutes ago, Ralf001 said:

Your not saving 40k a month either as you now have all the associated costs of owning the house.

Now that's a valid point of course, the 1200 baht to the project and the future maintenance are costs that you don't have when renting. Pool/garden maintenance is a choice because i am lazy. On the other side of the coin, i won't have to worry about rent increasing (yeah not now, i know, covid) and i'll get some of my cash back for sure when the house sells. 

edit : and i forgot the yearly fee for the company reporting/paperwork, another 1000 or so baht per month. Which you don't have when leasing, but... when selling the company there are no transfer costs, when selling the lease there are. Always 2 sides to everything.

4 minutes ago, Pravda said:

They are not made up. They are painfully realistic. Notice how I didn't call you a troll for putting false rental prices?

I just explained why i called you a troll, that hasn't changed. Changing the focus of the discussion to avoid that, doesn't work. Let's start a new thread about rental prices instead of bickering here about something that really doesn't matter in my situation. I save 40k from my previous way of life and have a comparable house. If you think i save less, fine up to you.

to all : i'd like the discussion to focus on something else than rental value of a house you have no clue about, we are never going to agree, i am never going to post pictures and i just don't really care. Thanks and be positive ????

Just now, Ralf001 said:

Your the one that brought up rent values.... not me.

Sure, i said i am saving 40k a month on rent from my perspective and that's true. 

1 minute ago, Pravda said:

 

It seems like you call everyone a troll who doesn't agree with your ridiculous valuation. It's probably not your fault...you just fell for the sales pitch.

I call you a troll because you ask me to provide proof for -your- made up arguments. 

3 minutes ago, Ralf001 said:

If you were to rent yours, you wont get 35k

Have you seen mine ? Everyone is so sure without even having a single clue of what the house is like, why the focus on rent value ? I really couldn't care less. Let's get back to discuss building and owning, renting is an entirely different thing.

3 minutes ago, Pravda said:

 

So nothing, as expected.

If you don't do the work you don't get results, enjoy your search troll !

4 minutes ago, Pravda said:

How about this? You give me a link of any 6 million baht house in Pattaya that rents for 40,000 a month and in a year we will revisit this post to see if it's rented?

Do your own work, i am not going into long discussions with someone that obviously is out to troll, Enjoy. 

19 minutes ago, newnative said:

     I think you're on the money with your estimate of 35,000 baht. 

Exactly, your area is comparable to mine and check out the house that i posted from hua hin that i lived in before. The guys here with the "i live in a 18 million condo for 13k a month" are hilarious. Indeed you can find 9k houses in pattaya they are the single level town home in the darkside on 60m2 land with broken furniture 14 screaming Thai neighbors and a weekly pool when the floods come in.

1 hour ago, EVENKEEL said:

When we speak of a 5 mil house, are we including the price of land or just price to build.

5.1 for the land and the house, +1m in extras a lot of those "extras" are non removable such as the kitchen, air-conditioning and inbuilt furniture.

For those still talking about the rent value, the house is 6.1 not 5 as you cannot rent it out without kitchen, inbuilt and so on

I rented this before for 40k on a double size plot from this one (full inclusive only electric, water)

My new current house is similar but more upmarket inside

https://www.spmpropertyhuahin.com/property/aria-hua-hin-soi-88-pool-villa-for-rent/

2 minutes ago, ChaiyaTH said:

Yes it is, assuming you would keep spending that amount on rent.

I'm happy we agree on something ????

Of course this isn't easy to sell again, almost nothing is in Thailand. Again i really don't care about rental return, it's what i save from my expenses before while living in a house that fits me.

All i care about is the break even point, which in my view is a very short time. If I stay 8 years i can sell for 2m, I'm sure that will happen in less than a week.

3 minutes ago, ChaiyaTH said:

A 2-3BR with pool goes for as little as 20K and we are not heading to anything close to 50% of previous levels in terms of foreigners and tourism either. So actually you overpaid renting previously and should not count on more than 4% returns yearly. 

I'm not renting out I'm living in it. And nope a comparable new house doesn't go for 20. I've looked at 20 stuff plenty before just out of interest. But let's stop this fruitless discussion about rents or what i paid before without even knowing what, where, and so on. 

I'm sure you all pay only 30% of market price, have loaded bank accounts and drive around in new lambo's what do i know right. I am just a poor loser that can reach inside his pocket and pull out 6m without worrying too much. ????

2 minutes ago, Pravda said:

 

Sorry, no way a 5.1 million house will rent for 35k, not now, not pre covid. Is this something a sales agent told you?

Like i said up to you what you want to believe. I'm not here to convince you

2 minutes ago, Pravda said:

 

5.1 million house doesn't rent for 40,000 a month especially these days, so you need to be a bit realistic about that....unless you extremely overpaid.

I was paying 40 before, that's what I compare it with. The house i have now inclusive all stuff will rent out for about 35 now, more when we don't have covid. No I'm not posting pictures, with all the crazies about (again with everything 6.1,) 

But you are free to believe it would be 9k a month ????

9 minutes ago, tomazbodner said:

OP is here to defend his position, which is perfectly OK. I am happy that he has achieved

 

My only advice is not to make house so flashy it triggers interest of any greedy official, as that could turn very costly very quickly. So keep a low profile and enjoy your new home. All the best.

Thanks I'm not really defending anything it's more just a report about what I've done. It fits me but I fully understand others don't want to. I'm not here to convince them. 

5.1 isn't even beginning to get flashy, considering my friend in hua hin with the 2x40m houses ????

O yeah the extra 1m was spend on inbuilt, furniture, electronics, extra room, curtains and so on. Inbuilt is surprisingly expensive

Just now, BTB1977 said:

40,000 baht a month rent. Wow. That makes my 10,000 baht a month in a brand new 2 bedroom houses in Hua Hin look like the deal of the century.  

3 bed 4 bath, new house, giant pool, double carport, 800m2 land in gated community, inclusive garden and pool maintenance, internet and fully furnished.

Yeah of course there are other costs, for information and I'm lazy so : 

swimming pool maintenance : 1500

garden maintenance : 1500

project service fee : 1200

electric , water : 3000

crazy fast internet : 1200

plus maintenance in the future of course like regular painting of the house. 

By the way , it's not an investment i live in it. Renting cost money too. Of course I'll be happy if somewhere down the line someone offers me double of what I paid but certainly not counting on that. 

Also it's not 100% of my life savings either

6 minutes ago, Stevemercer said:

 But in Thailand the divorce laws are much easier to work around.

 

Good you pointed that out, that was also part of my reasoning. In Europe i would lose half my net worth with a divorce, here the maximum would be the value of the bribe i would need to pay her to sign if her ID card was out of date.  If I wanted to sell years after a potential breakup

51 minutes ago, jazzdog32095 said:

 

- 40K per month today rents you a property valued between 10-18M @Hipflat

 

Sadly that isn't true, the house i was renting before for 40k was about 8 million with everything included. If i could rent an 18M property for 40k i'd be doing that instead. Of course i am not including condo's as i am not interested in those.