CAM Fee massive 43% increase for zero extra benefit

[john donson]

I was stupid enough to buy an older condo

 

previous owner and agent informed me of 35 baht / square meter a few weeks ago

 

now apparently, not even 2 months later, juristic office announce an increase of 43%

 

mind, they additionally added an 2000 baht extra fee from august till november for maintenance, agreed by owners before I bought

 

wait, I thought CAM fees were to maintain the building, etc...

 

parking for 1 car, not included, if you come here late, you cannot even park your car, everything is double parked both sides

 

fitness is 50 baht per time, previous owner pretended it was included, and where is it not, right ?

 

cherry on top of my s.hitcake... previous owner did not pay their last cam fees, but magically the juristic office still delivered them a paper that apparently land office needed to clear any outstanding debt...

 

ahhhhhhhhhhhhhhhhhhhhh... if only I would have rented... but I thought, long term, it might have made sense financially... 

 

rant over...

 

 

 

 

[Celsius]

Just like a bargirl you're stuck with her forever.

 

Massive Positive - at least you didn't built a house in Isaan.

[scubascuba3]

You should have checked the minutes for the last AGM and annual accounts, also checked with the office about outstanding debt and yes old condos will be increasing their common fees eventually or just have supplementary fees every year (both discussed at the AGM).

 

The other thing about older condos is there will be a high number of refurbs going on meaning noise 

Edited 2 hours ago by scubascuba3

[OneMoreFarang]

25 minutes ago, john donson said:

I was stupid enough to buy an older condo

 

The first part is correct. But don't blame the condo.

You didn't inform yourself.

[MangoKorat]

36 minutes ago, Celsius said:

Massive Positive - at least you didn't built a house in Isaan.

And why's that?

 

I bought a house in Isaan - great location - 2.5 hours from Bangkok and no Thai wife.

 

Had it 10 years this month, no monthly fees, on site car parking, maintenance I do when necessary, no committees, normal electricity and water fees + its doubled in value, not that I have any intention of selling it.

 

Do it right, you're absolutely fine - buy one with your Thai wife on 'family land' in the village, then yes, I tend to agree. Just renenber, we are not all 'lovesick puppies' building that 'rural idyll, dream house' in Nakhion Nowhere with our 'teerak'.