liana3legend

A round of applauses! I wish.... ????

That's an approach. ????

Thank you all very much for your participating in this topic! I feel it is the best issue I have raised here in order to determine my whereabout. My deceased hubby wrote it on a piece of paper with the selling price of 40. I know nobody will believe this would happen. I am a very pessimistic person, and I don't know what the outcome may be, but I am very anxious to know the result.

Thanks a lot, with your kind wish!

Thank you very much for your kind words! I don't see many farangs who have uncles and aunties living with them here. No??? ????

It's an interesting article to read. I wouldn't buy a leasehold property here especially having read so many comments/problems on other topics. Sadly, this is the property my deceased hubby left me. We even had our wedding ceremony at our villa. He achieved his will (departed from here that he lived the longest period during his lifetime). I do have feelings attach to this house, of course, but I need to move on with my own life.

That is correct, and that is the case.

Technically, I only sell the remaining time of the leasehold of the land, though the developer has already granted us 30 year + 30 year (total of 90 years), so the renewal won't be a problem.

It's the land lease.

You made me laugh. ???? Thanks for your math class!

Thank you! It's a reasonable idea, but I don't want to live under uncertainty for the next 11 years. It's an option, most definitely, but the future is unpredictable. What if I kick the bucket in between? ????

Thank you! At least I know where my bottom line is. ????

Thanks a bunch! Actually, I live in a villa of a hotel resort in Phuket. That's why I have been talking about leasehold agreement that is due in 11 years. In fact, I promised to my realtor a 5% plus exclusivity, and I decide the selling price. I never believed in a "free lunch", but if I don't ask for it, I will never know an answer. Because the selling price was written on a piece of paper, I want to start that first. I will need a lot of luck, but I also don't want to give it up at the moment.

Thank you very very much! It is very appreciated. In fact, because one of my neighbors sold theirs (no renovation, no pool grouting, bad paint and etc.) for 35 M in 2020, I didn't accept the developer's offer. Currently a realtor is working with me. I will see how it goes after it's been listed.

Yes, of course. Do you know how to calculate the withholding tax? It seems quite difficult.

Thanks a million! Yes, indeed. I was naive at first because the rental income sounded very attractive until I read the leasehold agreement with the outrageous figure. Your suggestion is absolutely feasible, and that's exactly what I am going to do. Even if I get less money from selling the property now, I should go for it. The value of the house has nothing to do with how it represents. This leasehold agreement is the killer.

I meant "no" because when the price of a house in a hotel resort is unreasonably low, it could probably be a dodgy deal.

Definitely no. I dreamt about something like that last night. ☹️

No, I don't. No. I don't think so. The developer offered me for 19 M, but I refused him.

Thanks a bunch! I tend to sell my property more and more now.

That's a great point. Thanks a million!

Thanks a million! Perhaps this is a good idea.

That's a difficult question to answer. My left neighbor sold theirs for 35 M in 2020, and the right neighbor sold theirs for under 25 M in 2022 because the house was pretty run down. My developer told me the other section of the same houses were sold for 19.4 M just a month ago. At first I thought I could sell it for 35 M. Maybe I have been dreaming. My realtor talked about 200-250K/month. I pay about 40K/month. Thanks for your realistic input! I don't know what to do now....

Thank you! I thought about this option, too.

9 million was the price of lease contract at the time of the purchase. I live in my house now, but once I lease the place out, I have to pay for my own rent elsewhere.