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Posted
On 10/7/2021 at 7:11 PM, Peterw42 said:

Not many places in pattaya with houses that have an ocean view out the front door. Go on Google maps and check all the beachside roads.

Dongtan beach has a couple but literally 100s of millions of baht.

Yim Yam beach end of soi 4/5 Pratumnak

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Posted

Larry SR knocks it out of the park…. again…. incredible maximum account of every possible nightmare extreme & continuous noise/light business next door to the dream house !! Car Breaking. Ice Crushing.

 

more common though is :-

“once you buy your dream house with a lovely scenic view, somebody will come along and build a 30-storey condominium or hotel right in front of you. “

 

oh yes ….had house built next to mine… good bye side of house hill views….. then had condo block built out back, half blocking my lower floor sea views. compensation was the side house guy was Completely Obliterated from his Clear Seavie

 

.in UK we call such unfortunate victimized houses Blighted”, diseased, impossible to sell……forced to reside or rent indefinitely…….not so bad in my case with lady and kids and separate apt…..still have stunning hill jungle sea views from top floor…….

 

had a great pre- covid vacation rental business in the upstairs house….. after 13 years the property owes me nothing and the asset is still worth the total investment……my great lady & son gets it when Im gone…

Posted

in memoriam of the movies with Dead Poets and Dead Presidents, I hereby name the “ Dont Buy In Thailand ( Or Sky Falls) Crowd”, the “Dead Capitals “ after their view of said matter, which completely ignores the Huge Humanistic & Saved Rent Value of Owning Your Own Thai Home……. Money Aint All.

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Posted

A post advertising the sale of Condos in Sriracha and a reply has been removed.

 

You will not post phone numbers, email addresses, business names, or Social Media addresses in posts or signatures.

 

Posted (edited)
On 10/11/2021 at 11:24 AM, WinnieTheKhwai said:

 

Also known as the "I live like a King in my 5000 Baht a month loom"-brigade.

I had 4 nice places over 7 uears, at 25k, 7k and 15 k. The quality of my life was not determined by the amount I paid. All were near the beach and in the green area of Pratumnak or Wongamat. The cheapest was the quietest which I really valued at night. The largest was 110 sq mt and the smallest 50 sq mt studio.

Edited by The Hammer2021
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Posted
On 10/11/2021 at 2:36 AM, ftpjtm said:

The Thai wife and I bought a new 3 bedroom house in Bang Saray 8 years ago for 1.8M 

 

Today, in spite of the recession its worth about 3.2M (2 recently sold for that price). It's 5 minutes from Bang Saray public beach and 10 minutes from Sai Kaew beach, which IMO is the nicest in the area.

 

A similar house in the US would cost 4 times more. And a similar house in the US would generate a ~250,000 baht annual property tax bill. In Thailand property tax is zero on residences worth less than 10M.

 

In the US real estate values are at a record high, and are sure to drop as soon as interest rates go back to historicly normal levels. In Thailand there is distressed real estate available everywhere - it's a buyer's market. 

 

Yes, I know I could lose the house to the wife in a divorce, but we've been married 3 decades so I'm not expecting one and she's entitled to 50% of our assets pee US law anyways, and we hold more assets in the US than Thailand. So that's not a worry to me. And our (US born) kids are Thai nationals, so if we die the house goes to them without issue. 

 

Under the right circumstances I think now is a great time to buy Thai real estate. 

There are some beautiful art deco style propetries around dongtan beach plus those 'kontiki' houses on yim yam beach.

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  • 2 weeks later...
Posted
On 10/10/2021 at 4:13 AM, smutcakes said:

Why the hell would anyone listen to financial/life guidance from a poster whose experience seems to stretch to 5,000 THB condos on Soi Bukhaow.....

 

 

Everyone on here seems to have their own axe to Grind . Can you imagine taking advise from someone who’s desperate to sell and wants to talk the market up ? We are all preaching from our own pulpit !

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