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madmen

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Posts posted by madmen

  1. OP Bangkok, forget Phuket, Seaside resort condos are subject to market forces of a long low season so basing your purchase on rental streams says no to phuket, pattaya, hua hin etc.

    Condos In BKK linked to a BTS are totally insane right now. The Q condo linked to Nana bts a red light district are selling from 1 to 5 million..USA dollars !!

    There is still a good chance of picking up an older condo to refurbish but due the big gap between new and used prices the Thais will soon have no choice but to go second hand pushing that market as well

  2. 2 minutes ago, dcnx said:

    They do for every one of ours except one. One of them is under new management and is pretending to not support short term rentals, which really means they just look the other way.

    Nonsense. Your not talking condos but condotels . They would get busted in 5 minutes and I would be the first to donate several thousand baht to the BIB xmas party fund for arrests if I found out Juristic were checking in guests in my condo

    • Like 1
  3. 3 minutes ago, Baerboxer said:

     

    Yeah because a bunch of farangs clearly know what's best for Thailand regardless of what the majority of Thais who voted thought.

    Its called reverse democracy. The same bunch of TV posters crying for an election over several years finally got what they wanted and now they want to reverse the result. They should be ashamed

  4. 3 hours ago, Orton Rd said:

    Stayed at a Sukhumvit hotel last week 1k baht a night inc breakfast, better deal than any airbnb. Having had two horrible airbnb experiences last year i will be sticking to hotels. You have no idea who the hosts are as they are not vetted, they could have a history of mental illness or violence and last minute cancellations are always a risk. Too much of a gamble for my liking.

    You can get my place air bnb 74 sqm for 1200 baht a night (one month) lower sukhumvit 5 minutes walk to either Nana or Asoke bts, A fantastic gym and pool as well. Im not mentally disturbed either ..well mostly not. Ive had 1k 15 sqm rooms and  breakfasts in a previous life , errmm no thanks !

    enjoy

    • Like 1
  5. 2 hours ago, Pinot said:

    I don't know about Bangkok.

     

    I know all about Phuket and I can't imagine a worse financial decision than buying a condo for investment in Phuket. The condo market is in the dumpster. It's extremely difficult to resell. Condos are all at firesale prices. You'll be very lucky to find a renter other than two months of high season. Yes, there are guaranteed return programs but the condos are worth 40% less than what you purchase them for on day one of ownership. Buying a condo for investment is THE worst financial decision you'll ever make. To make matters even worse, there are thousands of new condos about to come on the market. We are currently experiencing mind boggling clean water, sewerage and trash problems. Kamala Beach, for instance, has become a polluted nightmare. 

     

    One more little piece of advice. Never buy property in Thailand for too many reasons to even bother going into detail. 

     

     

    Nonsense from a shoe box renter.

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