Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

About to start building - best way to keep my investment safe

Featured Replies

My advice would be to spend on the house what you can walk away from comfortably. It's quite feasible to build a comfortable house for less than 1 million baht.

If the OP is talking about a house of 10 - 15 million baht, I have no sympathy for whatever future predicament he gets into.

  • Replies 75
  • Views 3.2k
  • Created
  • Last Reply

Top Posters In This Topic

On 11/19/2017 at 10:13 AM, baneko said:

 


You may be right although I have a friend from Songkla.

His wife went off the rails so they divorced. He went to court regarding their house.

She said the house was hers and the judge asked her where she got the money. Obviously she could not supply an answer. The property was sold 50/50.

Maybe he just got lucky.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

I have heard that same story. I have also heard a tale of woe about a 50-50 sale that went awry. The property did not sell for its asking price; after quite some time it was sold for much less. So, the farang got only a fraction of what he had put into the house and lot. Interestingly, the wife and her "brother" still live there.

  • Author
My advice would be to spend on the house what you can walk away from comfortably. It's quite feasible to build a comfortable house for less than 1 million baht.
If the OP is talking about a house of 10 - 15 million baht, I have no sympathy for whatever future predicament he gets into.



I only plan spending around 2 million. 3 bed 2 bathroom. This will be around 2/5 of current savings in Thailand.

I still own a property in the UK which is paid for and rented. As everyone says dont put all of your eggs in one basket.

I am still working offshore so have an income as Im 45. If I walked away from a 2 Million house and 1 Million land it would not be the end of the world. Although I would like some of the money back if it was feasible.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

This is what I consider it safest if you are not married(marriage could affect things differently and more complicated):

I will buy a land on my gf's daughter name and then lease it for 30y on my name at the same time. I design/build a small (I really don't need more than 1 bedroom) modern nice house for not more than 1/2 mil. It will pay off itself in 15 year to compare to rent a room/a cheap house. 

If I lose all in case of unknown reason I won't regret since it did not cost me a fortune.

People who you know them very well change in matter of one night. Never put your whole life/savings at risk.

  

 

6 minutes ago, baneko said:

 

 

 

 


I only plan spending around 2 million. 3 bed 2 bathroom. This will be around 2/5 of current savings in Thailand.

I still own a property in the UK which is paid for and rented. As everyone says dont put all of your eggs in one basket.

I am still working offshore so have an income as Im 45. If I walked away from a 2 Million house and 1 Million land it would not be the end of the world. Although I would like some of the money back if it was feasible.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

 

 

3 million is almost 75K Sterling at todays XE. Don't forget, build can and more than likely will go over budget. I can say from personal experience that even though the law may be on your side, unless you have an amicable divorce you will get nothing.

2 minutes ago, Foozool said:

This is what I consider it safest if you are not married(marriage could affect things differently and more complicated):

I will buy a land on my gf's daughter name and then lease it for 30y on my name at the same time. I design/build a small (I really don't need more than 1 bedroom) modern nice house for not more than 1/2 mil. It will pay off itself in 15 year to compare to rent a room/a cheap house. 

If I lose all in case of unknown reason I won't regret since it did not cost me a fortune.

People who you know them very well change in matter of one night. Never put your whole life/savings at risk.

  

 

I don't think children can lease land to you, you may need to check that.

Some guys are very happy and all goes well but in reality is the minority. A tester would be to say to your wife you need to delay building, say possibly your job is at risk..any reason. See what her reaction is.

  • Author
3 million is almost 75K Sterling at todays XE. Don't forget, build can and more than likely will go over budget. I can say from personal experience that even though the law may be on your side, unless you have an amicable divorce you will get nothing.


I get what your saying although the land was purchased some time ago. At that time the exchange rates were more favorable.

I will try as much as possible to protect my investment as much as I can. Lots of good advice on this thread.

It is an amount I could walk away from and obviously be concerned but not overly.

We have been in a stable relationship for 11yrs. I know that does not mean forever.

I will try to ensure the project runs as close to budget as possible. We are still in the planning stage. No builder or architect as yet.



Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

If your getting on well....your not a cheating bar hopper and relationship is as good as can be, go for it. I didn't bother with any usufructs or leases. I had a lovely house for 9 years bought at 73 THB-Sterling...if I had paid rent every month would have cost me the same. I have no bad feelings even though the law is in my favour to recover the loss....it isn't worth the hassle

Regarding usufructs, I did a similar thing.

If the relationship goes belly up, walk.

My lady is 20+ years younger than me & we have never separated even for one day.

Naturally it is unnecessary to rush into these things. I had been with her for 12 years before we constructed a home.

  • Author
If your getting on well....your not a cheating bar hopper and relationship is as good as can be, go for it. I didn't bother with any usufructs or leases. I had a lovely house for 9 years bought at 73 THB-Sterling...if I had paid rent every month would have cost me the same. I have no bad feelings even though the law is in my favour to recover the loss....it isn't worth the hassle



I stay in a small village so no bars to hop. I do like a weekend in BKK with the wife when I return from offshore. Your right. Think about rent compared to building. I only beleive if I put in I should get something back.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

  • Author
Regarding usufructs, I did a similar thing.
If the relationship goes belly up, walk.
My lady is 20+ years younger than me & we have never separated even for one day.
Naturally it is unnecessary to rush into these things. I had been with her for 12 years before we constructed a home.



Unfortunately due to work I am one month on and one off I cant be at home constantly. Shes 9yrs younger but very settled currently. I will build but do want some security.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

  • Author
Some guys are very happy and all goes well but in reality is the minority. A tester would be to say to your wife you need to delay building, say possibly your job is at risk..any reason. See what her reaction is.


Done that for a 2 yrs.....she was fine.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

8 minutes ago, baneko said:

 

 


Done that for a 2 yrs.....she was fine.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

 

Then go for it and enjoy the house together. There isn't anyway to protect your money.

Anyway to try and circumvent comes unstuck. As said, the law is very fair its just slow but the house can be sold and the funds hidden so even if the law protects you, its impossible to get blood from a stone

The biggest problem if you get 50 % is who is going to buy your old house.  Nobody thinks about that.  Many Thai wives lose everything after there Farang dies because they can not sell or pay for.

7 minutes ago, ToddinChonburi said:

The biggest problem if you get 50 % is who is going to buy your old house.  Nobody thinks about that.  Many Thai wives lose everything after there Farang dies because they can not sell or pay for.

 

Guess it depends on location. Perhaps another angle to think about as "protecting investment".

40 minutes ago, baneko said:

 


Done that for a 2 yrs.....she was fine.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

 

U function seems to be here push us to buy houses and then give them away..so since i know that I don't believe any ur statements  here!

  • Author
U function seems to be here push us to buy houses and then give them away..so since i know that I don't believe any ur statements  here!


Who is us?

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

13 minutes ago, ToddinChonburi said:

The biggest problem if you get 50 % is who is going to buy your old house.  Nobody thinks about that.  Many Thai wives lose everything after there Farang dies because they can not sell or pay for.

How they died?

  • Author
Us is not you!


Us is not you? Good grammar! Thanks for your input as its been very interesting. If you have something constructive to say please continue.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

2 minutes ago, baneko said:

 


Lao Khao!

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

 

Every thai wife married with a farang would be very very disappointed if first u promise to buil a house and then u cancel such a promise. Every single one only except urs! What i think is that u dont even got a Thai wife! 

  • Author
Every thai wife married with a farang would be very very disappointed if first u promise to buil a house and then u cancel such a promise. Every single one only except urs! What i think is that u dont even got a Thai wife! 

 

I do got a Thai wife. Do u got a Farang husband?.....55555

 

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

 

 

 

Just now, baneko said:

 


I do got a Thai wife.....55555

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

 

Then buy her or him  a house and a very expensive one ideally near to his relatives. I think its very good investment for  U, but not for Us!

  • Author
Then buy her or him  a house and a very expensive one ideally near to his relatives. I think its very good investment for  U, but not for Us!


Someones at it here! Haha.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

3 hours ago, baneko said:

 

 


I stay in a small village so no bars to hop. I do like a weekend in BKK with the wife when I return from offshore. Your right. Think about rent compared to building. I only beleive if I put in I should get something back.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app
 

Try Ao Nang Beach, Krabi for a change of scenery. You should enjoy a week there.

4 hours ago, baansgr said:

I don't think children can lease land to you, you may need to check that.

Are you a fortune teller ?

Very intelligent. 

But no mention of age in my post ❗️

You will simply walk away like everybody does ! Or maybe you plan to build a 50 millions house that really need protection ? But for a 2 millions house I would not bother...

 

 

  • Author
Try Ao Nang Beach, Krabi for a change of scenery. You should enjoy a week there.



Hi Bazza

Been to Ao Nang but enjoyed Samui more. I like BKK because lots going on. Had a week in HH this time with the parents which was good. Back in the sticks now which I really enjoy.

Sent from my SM-G950F using Thailand Forum - Thaivisa mobile app

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.