Buy a Condo advice

[Chazar]

On 12/22/2019 at 7:21 AM, ezzra said:

If you're planning to buy now is the perfect time as the market is saturated with properties for sale in all areas and all sizes and prices, if you're in Thailand for the long haul than yes buy a condo, not a good idea as investment or renting, i'n stuck for couple of units for sale in Sukhumvit Rd for months now with not even one caller...

price is  too  high then, simple  as  that..whatever you  might think or  have  paid

[Chazar]

On 12/22/2019 at 8:30 AM, mokwit said:

with condos on either side i.e. no outside wall

wrong try get corner  unit so less  chance of  noisy neighbour, the heat you can control, the neighbour  you  cant

[Pattaya46]

On 12/22/2019 at 7:21 AM, ezzra said:

[Condo] not a good idea as investment or renting, I'm stuck for couple of units for sale in Sukhumvit Rd for months now with not even one caller...

I just sold a condo in Pattaya today . Found a buyer in 5 weeks and got 8 visits during these 5 weeks. The market is far to be dead ! 

[URMySunshine]

22 minutes ago, Pattaya46 said:

I just sold a condo in Pattaya today . Found a buyer in 5 weeks and got 8 visits during these 5 weeks. The market is far to be dead ! 

Let's have a look then please.

[kingofthemountain]

26 minutes ago, Pattaya46 said:

I just sold a condo in Pattaya today . Found a buyer in 5 weeks and got 8 visits during these 5 weeks. The market is far to be dead ! 

congrats

just out of curiosity 

what was the nationality of the 8 potentials buyers?

Chineses, indians, Thais? Others?

[Pattaya46]

46 minutes ago, kingofthemountain said:

congrats

just out of curiosity 

what was the nationality of the 8 potentials buyers?

Chineses, indians, Thais? Others?

Buyer is from USA

A guy from Australia made an offer 100'000 B shorter

1 from Norway, 1 from Germany, 1 from a Gulf country 

2 from Thailand (!? even if condo in foreign quota, so more expensive)

last one I forgot.

 

53 minutes ago, URMySunshine said:

Let's have a look then please.

Here: https://www.bahtsold.com/view/large-studio-sea-view-center-condo-15th-floor-51-sqm-2-5-m--381070

[kingofthemountain]

2 hours ago, Pattaya46 said:

Buyer is from USA

A guy from Australia made an offer 100'000 B shorter

1 from Norway, 1 from Germany, 1 from a Gulf country 

2 from Thailand (!? even if condo in foreign quota, so more expensive)

last one I forgot.

Thank you for your detailed answer

so the westerners are still on the real estate market

i am surprised to see none of the famous chineses or indians

investissors in your list. It could be because they prefer buy the new ones

and not on the second hand market? what do you think about it?

[Pattaya46]

7 hours ago, kingofthemountain said:

i am surprised to see none of the famous chineses or indians

investissors in your list. It could be because they prefer buy the new ones

and not on the second hand market? what do you think about it?

I also think they prefer buy new.

And they often have a guaranteed return of x% for the first 3, 5 or 10 years...