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Posted

Hello,

I purchased a condo in Jomtien Beach about 1 year ago.

I had to send funds from overseas (England) and had to ensure it was stated that it was to buy a condo.

My question is that if I wish to sell and then buy another condo elsewhere, how do I ensure I can use the proceeds of the sale (which are now not directly from overseas as previously they had to be) to buy the next condo. Especially if there is a gap before buying of months or even years, so my Condo sale proceeds could be in a bank account for months before I buy again? I don't want to have to send more monies from abroad again to buy whilst having my sale proceeds sitting in a Thai bank earning 0.5% interest.

Please also advise me on your judgement about selling now/later/market conditions etc. I own a 1 bed studio in ViewTalay.

MANY THANKS

Martin

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