Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

30-year Lease On A Condo

Featured Replies

The numbers can sometimes stack up but usually only where the allowable depreciation is much lower than the cost of the lease, offset for tax purposes and even then, I cannot see why anyone would pay up front as there are no tax benefits in doing so. Renting as you go would be far more beneficial.

It is very hard to make a viable argument for taking out a 30 year lease at anywhere near the terms likely to be offered.

Well-known man about town On My Way, who made money in real estate in the US, said selling price should not be more than 7 years rent to make economic sense.

He was renting a nice place @23K/month (7 years rent = 1.93 million THB) and the place was asking 4.2 million. No way, said he.

But to pay effectively the freehold selling price for a 30 yr lease on a condo makes no sense to me.

  • Replies 30
  • Views 2.9k
  • Created
  • Last Reply

Top Posters In This Topic

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.