Delight Posted June 18, 2023 Share Posted June 18, 2023 The farm land is 2 Rai. The village is approx. 30 KM Northwest of Korat. It is a farming village-that said it does sport a noodle factory and a resort style hotel.. Of course the Chanote will be in my wife's -if the deal goes ahead. Does anybody know? Link to comment Share on other sites More sharing options...
Popular Post blackcab Posted June 18, 2023 Popular Post Share Posted June 18, 2023 It depends on many factors: Location of land Shape of land How accessible is the land What was the land used for previously Does the land have any buildings with a blue book Category of title deed Are water and electric already installed If not, does an existing PEA electric supply run past the land What prices have been paid for similar land How motivated is the seller 4 1 2 Link to comment Share on other sites More sharing options...
Delight Posted June 19, 2023 Author Share Posted June 19, 2023 (edited) 12 hours ago, blackcab said: It depends on many factors: Location of land Shape of land How accessible is the land What was the land used for previously Does the land have any buildings with a blue book Category of title deed Are water and electric already installed If not, does an existing PEA electric supply run past the land What prices have been paid for similar land How motivated is the seller The land is 100% farm land -and always has been Access vis small side road . No access via main rd. no power -never had buildings on it. It is square shape. I have no idea about category of the deed. My wife intends to farm at some point n the future. As things stand i am the only prospect.. No idea about prior sales in the area Edited June 19, 2023 by Delight Link to comment Share on other sites More sharing options...
brianthainess Posted June 19, 2023 Share Posted June 19, 2023 11 minutes ago, Delight said: Access vis small side road . No access via main rd. Who owns the small road, you could be denied access. 1 1 Link to comment Share on other sites More sharing options...
IvorBiggun2 Posted June 19, 2023 Share Posted June 19, 2023 Do you know the differences in land titles? IE Chanote and Sor Por Kor? Link to comment Share on other sites More sharing options...
blackcab Posted June 19, 2023 Share Posted June 19, 2023 1 hour ago, Delight said: I have no idea about category of the deed This is imperative to understand. You could be paying money for something that shouldn't even be sold. 1 hour ago, Delight said: Access vis small side road As noted above, who owns the side road? Does the property you are looking at benefit from an easement across the neighbour's land legally guaranteeing you access by foot and vehicle? Is there an easement that allows you to pass electric cables from the main road to the piece of land you are interested in? If not, the price needs to reflect this. 1 1 Link to comment Share on other sites More sharing options...
IvorBiggun2 Posted June 19, 2023 Share Posted June 19, 2023 2 hours ago, Delight said: I have no idea about category of the deed. But in the opening post you said it was 'chanote'. 1 Link to comment Share on other sites More sharing options...
Delight Posted June 19, 2023 Author Share Posted June 19, 2023 2 hours ago, IvorBiggun2 said: But in the opening post you said it was 'chanote'. It is my understanding that a chanote relates to the ownership of land. That said I do not think that it is relevant to my question.. 1 Link to comment Share on other sites More sharing options...
Delight Posted June 19, 2023 Author Share Posted June 19, 2023 3 hours ago, blackcab said: This is imperative to understand. You could be paying money for something that shouldn't even be sold. As noted above, who owns the side road? Does the property you are looking at benefit from an easement across the neighbour's land legally guaranteeing you access by foot and vehicle? Is there an easement that allows you to pass electric cables from the main road to the piece of land you are interested in? If not, the price needs to reflect this. The small side road is not a private road. The farm land can be legally accessed from this road. As stated earlier the land is for farming only. Does not require electricity Link to comment Share on other sites More sharing options...
IvorBiggun2 Posted June 19, 2023 Share Posted June 19, 2023 (edited) 54 minutes ago, Delight said: That said I do not think that it is relevant to my question.. When buying land in Thailand it's essential to know all about the land title deeds. No knowledge. No buy. Blackcab Got it right. Quote This is imperative to understand. You could be paying money for something that shouldn't even be sold. Edited June 19, 2023 by IvorBiggun2 Link to comment Share on other sites More sharing options...
liddelljohn Posted June 19, 2023 Share Posted June 19, 2023 The Chanote will denote the type of land there are several categories and some cannot be bought or sold ,, this includes forests, resort land , government land and some farm land ,,,If its not near main road , or electric it wont be worth much anyway ,, the other problem is corrupt officials in Land office who falsify Chanotes in league with crooks ,, Link to comment Share on other sites More sharing options...
RanongCat Posted June 19, 2023 Share Posted June 19, 2023 Do not pay of less than individual chanote land...not part of bigger area that has. Also access need be not part land of surround land as all of total area. If seller is family need be much care full ! Link to comment Share on other sites More sharing options...
Delight Posted June 19, 2023 Author Share Posted June 19, 2023 32 minutes ago, liddelljohn said: The Chanote will denote the type of land there are several categories and some cannot be bought or sold ,, this includes forests, resort land , government land and some farm land ,,,If its not near main road , or electric it wont be worth much anyway ,, the other problem is corrupt officials in Land office who falsify Chanotes in league with crooks ,, Can you quantify -'Not worth much'? Link to comment Share on other sites More sharing options...
sirineou Posted June 19, 2023 Share Posted June 19, 2023 6 hours ago, Delight said: I have no idea about category of the deed. This is the most important thing to know as it pertains to how much you should pay. And the first thing to ask. After that , electricity and water, road access, proximity to town etc. The type of Chanote will have the biggest affects in it's value. So: In Thailand, there are several types of land deeds (also referred to as Chanote), including: 1. Chanote (Nor Sor 4) - This is the most secure and reliable type of land deed in Thailand. It provides the owner with full legal ownership rights and protection under Thai law. 2. Nor Sor 3 Gor - This is a land title that is issued based on an aerial survey and is not as reliable as a Chanote. However, it is still a legal and valid title and can be upgraded to a Chanote. 3. Nor Sor 3 - This type of land title is issued without an aerial survey and is subject to more disputes and claims than a Chanote or Nor Sor 3 Gor. 4. Sor Kor Nung - This is a possession certificate that is obtained by occupying land for a certain period. It does not provide full ownership rights, but it can be upgraded to a Nor Sor 3 or Chanote. 5. Tor Bor Tor Ha - This is a temporary use permit and is often used for government land or public property. It does not provide full ownership rights, but it does allow for the use of the land for a specified period. 1 Link to comment Share on other sites More sharing options...
1FinickyOne Posted June 19, 2023 Share Posted June 19, 2023 Is there water available? You should find out what land is selling for... my family always knows the going rate for farmland in the area... We have done well buying farmland through the years. Link to comment Share on other sites More sharing options...
patman30 Posted June 19, 2023 Share Posted June 19, 2023 (edited) sorry i do not have the link took me ages to find before when i needed it but make sure you check the ground water quality as it sounds like you will need a wellhow much have you been told the 2 rai of land is? do you have the chanote number to check the plot on https://landsmaps.dol.go.th/ even in more expensive parts of korat, farmland shouldn't be more than about 350k/rai if outside the village make sure you get chanote checked out as other have mentioned some are zoned for agriculture only or cannot be sold (yet) i am in Korat, i paid last year, 2.8m for 7 rai on 4 plots, in the village, have main road access, power, water etc. also do not forget your land may need to be raised before it is ready to build on this can be expensive and take time. Edited June 19, 2023 by patman30 Link to comment Share on other sites More sharing options...
chalawaan Posted June 19, 2023 Share Posted June 19, 2023 (edited) Zero! Please don't. Look at all the foregoing posts, what a headache! If you yourself were a professional from somewhere like Southern Africa, then you have a chance of making a fist of it, if it's for your Thai family to muck about on, apart from the above-mentioned intricacies, well, buyer beware. Rent a shack in the boonies, on a quarter rai, be a hobby gardener, with your good lady, Richard Breirs, Felicity Kendall, and die wise, rich, and happy. Edited June 19, 2023 by chalawaan Link to comment Share on other sites More sharing options...
Delight Posted June 19, 2023 Author Share Posted June 19, 2023 Thanks Useful advice. Someone -back in time -has created a lake on this land. Long and thin. Lake may not accurately describe it. It is however a source of water. The aim of this exercise is to provide a source of income for my wife -when she becomes a widow. Link to comment Share on other sites More sharing options...
donx Posted June 19, 2023 Share Posted June 19, 2023 (edited) 18 minutes ago, Delight said: Thanks Useful advice. Someone -back in time -has created a lake on this land. Long and thin. Lake may not accurately describe it. It is however a source of water. The aim of this exercise is to provide a source of income for my wife -when she becomes a widow. Have you been quoted a price from the owner? Edited June 19, 2023 by donx Link to comment Share on other sites More sharing options...
bignok Posted June 19, 2023 Share Posted June 19, 2023 1 not your name 2 doubts about title 3 no water or power How much do you want to give away? There's your answer. Link to comment Share on other sites More sharing options...
bignok Posted June 19, 2023 Share Posted June 19, 2023 21 minutes ago, Delight said: The aim of this exercise is to provide a source of income for my wife -when she becomes a widow. Buy some shares, leave to her in will. 1 Link to comment Share on other sites More sharing options...
FriendlyFarang Posted June 20, 2023 Share Posted June 20, 2023 As somebody who has recently been looking for land, my experience: I was looking for land to build on, so obviously the requirements and factors are different compared to farm land. The prices vary a lot, and depend on various factors, the most important factors are location and accessibility though. A piece of land next to a big road close to a 7/11 costs twice as much as one just a few minutes a way next to a small road, and the plot at this small road costs twice as much as a plot that's again just a few minutes away next to a narrow road. So one plot of land which is just two kilometers away from another might cost 4 times as much, that's of course just a ballpark figure. If you spend some time looking at farm land you will probably also be able to identify key figures which decide the price, and thus allow you to judge what's a reasonable price. You will then also notice that some people ask for a multitude of what would be reasonable, I don't really know what they are trying to achieve with this, maybe hoping to find a sucker. Link to comment Share on other sites More sharing options...
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