Yes, it was yourself who put forward the figure of 15,000 baht per month in rent. I ran some figures based on your 15,000 baht monthly rent. The figure one would need, invested at 5.30% bank interest, is 3,400,000 baht to return 15,000 baht a month. Retiring at around 67 years of age, to surpass this purchase price in rental months (15,000 baht) one must live until around 85 years of age, allowing for some minor fees and taxes as well, before they can say they are now ahead by buying. How many over 85 year olds do you know in Thailand?
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