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pest

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  1. 12 hours ago, dhupverg said:

    To expand on the Russian influence in the market, my niece just bought a new studio condo in Phuket Town.  She is renting it out to Russians for 13K/mo for a 35 sqm unit. She said she got a lot of inquiries for the place before deciding on who to rent to. Phuket Town used to be cheap, but now all the lower income foreigners are moving there as coastal areas for new condos are quite pricey. The banks are offering financing for first time buyers, so for the first two years, her loan payment is 5K/month, then after 2 years it goes up to 10K/mo, so she is happy making 8K/mo right now.

    How much did she pay for the condo?

    Cheers

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