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Buy House with a view, where to look, Pattaya area

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1 hour ago, sungod said:

Or commonly known as 'haven't got a pot to p*ss in brigade'

Or own properties in Europe posse

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  • Ah yes, the don't buy a house in Thailand or the sky will fall in brigade are out again.   There are many reasons people may want to buy a house here, and return on investment may not be one

  • Cherrytreeview
    Cherrytreeview

    Don't buy anything in Thailand. You'll start losing money from the day the ink is dry on the contract. Buy a property in your own country and use the rental income to fund a rental in Thaila

  • 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

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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

  • Popular Post
On 10/7/2021 at 7:26 AM, Cherrytreeview said:

Don't buy anything in Thailand.

You'll start losing money from the day the ink is dry on the contract.

Buy a property in your own country and use the rental income to fund a rental in Thailand.

At the moment, you will be able to negotiate a fantastic rental deal.

Rents are on the floor.

So you know this from personal experience?  why do you guys post <deleted> like this when you dont really know.

I bought my condo in Thailand in 2004 sold it in 2015 for almost 3 times as much as I paid for it. 

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“Buy a property in your own country”

 

right, at ten times the price here………

really dont get this “retire-rich- in- thailand”……. only to RENT here when comparable properties are a fraction of home country prices to buy…..

  • Popular Post

it's funny how many people here seem to not be able to understand that buying a 10MB house is like FREE for many of us !!!

so ridiculous useless dont buy but rent brigade ! your life must have been so sad !

 

8 hours ago, MrJ said:

Siam Royl View top of Soi Khaotalo, but pricey - sea view house starting around 20M

 

Interesting !

 

  • Popular Post
16 hours ago, Guderian said:

The problem here is that with so much building going on, 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. OK, so you buy something right by the beach, which will cost you not just an arm and a leg, but your firstborn too. Beautiful, until some budding entrepreneur decides to start up a 24-hour open-air karaoke bar on the beach in front of your house. Villages where your view is just the street outside your house are popular for many reasons, and one of them is that nobody will erect a giant hotel or condo in front of your house, or open a noisy business just across the road. Well, not as long as your village is properly managed, but nothing would surprise me here, lol.

Yep, anything can go wrong and probably will.

We had a 24 hour jungle karaoke about a kilometer away and the city/police would do nothing after hundreds of complaints from neighbors for years. It was an after hours joint that really kicked off at 2AM until 7 in the morning. Drunks screaming into a 1,000 watt amplifier. Nice.

 

A guy in a truck nearby parks in an empty lot, trying to impress us with his audio system, starts up at 6:30 am every day. It wouldn't be so bad but we all know they love to run the bass woofer to the point of distortion, then double it. boom boom boom boom.

 

I've seen a metal crushing businesses set up next door to a mansion. Sounds like a car crash every few minutes all day long.

 

My friend in Chaing Mai had an ice crushing guy set up next door. First time I heard an ice block get processed, I jumped out of my seat and thought a plane crashed. Repeat ever 30 seconds.

 

Dog kennels are quick and easy to set up. Everybody likes 24 hour barking, right? 

 

A neighbor in my condo in Bangkok bought a home theatre with surround sound and he insisted on playing it full volume all day long.

Or how about the football hooligan guy upstairs that liked to slam the doors, moved 6 relatives of the girlfriend into a 1 bedroom apartment, apparently rearranging the furniture all the time & grandma sitting on the floor pounding on the som tum grinder late at night.

 

In Jomtien there is a gigantic, super bright LED billboard on the corner of Theprasit that flashes advertisements. Must look like a flash of a nuclear explosion happening outside their bedroom window every few seconds for anyone living nearby.

 

 

 

 

  • Popular Post

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.....

 

 

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…

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.

  • Popular Post
On 10/7/2021 at 7:26 AM, Cherrytreeview said:

Don't buy anything in Thailand.

You'll start losing money from the day the ink is dry on the contract.

Buy a property in your own country and use the rental income to fund a rental in Thailand.

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. 

  • Popular Post

 

On 10/8/2021 at 7:51 PM, sungod said:
  On 10/7/2021 at 6:56 PM, Kinnock said:

Ah yes, the don't buy a house in Thailand or the sky will fall in brigade are out again.

Or commonly known as 'haven't got a pot to p*ss in brigade'

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

  • Popular Post
On 10/8/2021 at 9:51 PM, ericthai said:

So you know this from personal experience?  why do you guys post <deleted> like this when you dont really know.

I bought my condo in Thailand in 2004 sold it in 2015 for almost 3 times as much as I paid for it. 

My friends broke even on the sale price but saved rent for a 4 year period of over a million baht

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.

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.

I see one of those Pattaya property mags is advertising shipping container houses in the country side for 250,000 k

  • 2 weeks later...
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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