bow Posted April 15, 2010 Share Posted April 15, 2010 I didn't realize that some farang in Pattaya buy condos not to live in, but to rent out. Is this common ? How many farang owned condos in Pattaya were bought to rent out ? 20 % ? Link to comment Share on other sites More sharing options...
homeless007 Posted April 15, 2010 Share Posted April 15, 2010 28.97 % Link to comment Share on other sites More sharing options...
gotlost Posted April 15, 2010 Share Posted April 15, 2010 They have to rent them out they can not sell them. The second hand market in Thailand sucks. Link to comment Share on other sites More sharing options...
jackdawson Posted April 15, 2010 Share Posted April 15, 2010 The second hand market in Thailand sucks. hey , that's my line . Link to comment Share on other sites More sharing options...
bow Posted April 15, 2010 Author Share Posted April 15, 2010 They have to rent them out they can not sell them. The second hand market in Thailand sucks. Yes, I am sure there are people who say that they choose to rent out, when in fact they are forced to rent out because of low prices. (Being interested in buying a second hand condo, I don't mind that the second hand market "sucks".) Link to comment Share on other sites More sharing options...
guzzi850m2 Posted April 15, 2010 Share Posted April 15, 2010 I think many farangs have say 5 apartments only for renting, like a sort of investment and monthly income (good luck), and the same applies for houses. A friend of mine are in a pool where they have app. 15-20 condos in all, and then once every year they sit down and calculate how much money was earned and then you get paid according for you % of the pool. Quite cool. Link to comment Share on other sites More sharing options...
fredob43 Posted April 15, 2010 Share Posted April 15, 2010 I think many farangs have say 5 apartments only for renting, like a sort of investment and monthly income (good luck), and the same applies for houses.A friend of mine are in a pool where they have app. 15-20 condos in all, and then once every year they sit down and calculate how much money was earned and then you get paid according for you % of the pool. Quite cool. Or how much they have lost. Link to comment Share on other sites More sharing options...
guzzi850m2 Posted April 15, 2010 Share Posted April 15, 2010 I think many farangs have say 5 apartments only for renting, like a sort of investment and monthly income (good luck), and the same applies for houses.A friend of mine are in a pool where they have app. 15-20 condos in all, and then once every year they sit down and calculate how much money was earned and then you get paid according for you % of the pool. Quite cool. Or how much they have lost. Yes Patts are flooded with excess apartments, but his way is the best way to do I think, he will always get money in, but last year was only 2-3 month worth Link to comment Share on other sites More sharing options...
bow Posted April 16, 2010 Author Share Posted April 16, 2010 Thanks guzzi. Finally an answer to my question. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now