Jump to content

Uk Or Thailand For Property Investments


Recommended Posts

We are planning our inevitable move to Thailand and I would like to get your thoughts on this.

We have some property in the Uk that is rented and the value of the properties value is growing steadily I am considering this year further property investment with a view to using rental income from the properties to live on once we move to Thailand. Property demand in the Uk for rental is high and we have very few times when we have no tenants.

However

Would it be good to open a Thai company and make property investments also in Thailand ?

Your thoughts please,

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Link to comment
Share on other sites

The condo market in Thailand especially Pattaya is booming...

Which Pattaya are you talking about? Surely not the one I know. "Booming" to me suggests quick sales and rising prices. I see no obvious evidence of that here at the moment, quite the opposite in fact. Some decent places sell, when the price gets low enough, but there is a huge amount of overpriced rubbish that just hangs around for months or years.

I think it all depends on what you buy and how much you pay for it. There are good buys to be had in both the UK and Thailand, the potential upside in Thailand is probably higher, though the potential downside is probably higher also. I dread to think what would happen here if all the Russians decided to go to Cambodia instead.

Given the OP's phrase "inevitable move" I suspect that he would be well advised to try and keep a foot in both camps, thereby hedging a little against currency movements and future property price movements in both countries.

My personal opinion is that property has a way to fall in both countries over the next few years, prior to increasing again.

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Hi thanks for the reply, is this a reply based on knowledge and experience or just you personal thoughts. Not sure investing all my money in Condo's in Pattaya would be a great idea, but thank you for your reply and I will consider my options

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Hi thanks for the reply, is this a reply based on knowledge and experience or just you personal thoughts. Not sure investing all my money in Condo's in Pattaya would be a great idea, but thank you for your reply and I will consider my options

Thoughts.............dont have a crystal ball Im afraid.......but you know the UK market is going to crash..Merv the swerve is just putting it off, also making the inevitable worse.....the market in pattaya is booming if properties are priced correct and what people want.... a 3 bed house out in the sticks where the owner wants 5,6,7,8,9 million isnt gonna sell but a decent sized seaview condo priced properly has buyers waiting......

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

That's all arse about face.

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

That's all arse about face.

Why...........???........houses in the UK are increasing and selling well?????.decent sized and priced condos in Pattaya are not selling at all..............get out a bit more and you might get up to speed on the world economy

Link to comment
Share on other sites

I wouldn't sell your UK property if it is easy to rent and provides a good income but if you are making further property investments and moving to Thailand it may be worth considering a small condo for rental to provide a local income ...

Link to comment
Share on other sites

OP - You may be on the wrong forum

The realestate forum is probably more appopriate

http://www.thaivisa....land-ownership/

Certainly you should take note of the pinned thread on that forum and all its sublinks

http://www.thaivisa....um-in-thailand/

Full control by the Farang owner of any Thai property is only possible via the Condominium route, and even that has its quirks.

Best bet, if you are an investor, is only consider Bangkok. You will see why if you visit the pinned thread.

Otherwise if sea side retirement option, just relax and buy/rent what you will.

Edit - Ohh and don't underestimate FX movement even in my short time it has been 50% for GBPTHB= 75 to 49 ish today

Edited by pkrv
Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

That's all arse about face.

Why...........???........houses in the UK are increasing and selling well?????.decent sized and priced condos in Pattaya are not selling at all..............get out a bit more and you might get up to speed on the world economy

Still trying to talk up real estate I see.

OP you will get a few real estate agents on here trying to big up the property market here but the truth is it's overpriced and doesn't sell and the rental market is low as well.

Best keep your money in UK if rental opportunities are strong as real bargains can be had with property prices already having fallen significantly.

Edit: oh and ask these guys that think the property market is so great in Pattaya how many units they own?

Edited by PattayaParent
Link to comment
Share on other sites

Indeed Thailand is a HUGE country especially in relation to the UK

Bangkok and Pattaya are very much worlds apart , especially in this aspect, - One has a beach the other doesn't. After that things get a bit more complex....

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

That's all arse about face.

Why...........???........houses in the UK are increasing and selling well?????.decent sized and priced condos in Pattaya are not selling at all..............get out a bit more and you might get up to speed on the world economy

Still trying to talk up real estate I see.

OP you will get a few real estate agents on here trying to big up the property market here but the truth is it's overpriced and doesn't sell and the rental market is low as well.

Best keep your money in UK if rental opportunities are strong as real bargains can be had with property prices already having fallen significantly.

Edit: oh and ask these guys that think the property market is so great in Pattaya how many units they own?

ESB7 - Just to confirm where you stand, is your advise or suggestions from experience or just your thought, are you an owner or properties

Link to comment
Share on other sites

Still trying to talk up real estate I see.

OP you will get a few real estate agents on here trying to big up the property market here but the truth is it's overpriced and doesn't sell and the rental market is low as well.

Best keep your money in UK if rental opportunities are strong as real bargains can be had with property prices already having fallen significantly.

Edit: oh and ask these guys that think the property market is so great in Pattaya how many units they own?

ESB7 - Just to confirm where you stand, is your advise or suggestions from experience or just your thought, are you an owner or properties

Read this thread to get a perspective, would you buy a car from Arthur Daley?

Edited by rgs2001uk
Link to comment
Share on other sites

I have 2 properties in London (both near good travel connections), and one in Jomtien. (all owned out right)

I currently have a well paid contract job in London and live on one of my London properties.

The other London property is rented out, as is the Jomtien condo.

I also invest money in the London stock market.

I bought the Jomtien condo more because I have always wanted a condo in LOS, not really as an investment more as a possession.

My goal for the next 2-3 years is to give up work and move to Thailand, living off investments including the 2 London properties, dividends and share/etfs speculation, and possibly buy another place or 2 in Thailand. I will make the move when I can generate around £2,000 ukp per month from my investments, 70% of that will be living expenses 30% will be re-invested to cover against inflation.

The advantage of the London properties over the Jomtien one is that last time I needed a tenant, I had one within 3 days of the advert, the Jomtien condo took over a month to rent out.

Another advantage is I will always have somewhere to live and an income in my home country, so if things don't work out in Thailand I will have a big safety net back in the UK.

The advantage of the Jomtien condo is that the net ROI is better when it is let out, and the price of the condo means it is cheaper to get into the market than in London. Also the income will be in the local currency and protected against currency changes.

The disadvantage of the London properties are the outgoings and tax are higher, the gross ROI is higher than Jomtien condo, but the net ROI is lower. Also they are liable for UK tax where ever I personally live.

The disadvantage of the Jomtien condo is that it takes longer to find a tenant and capital investment is more or less not expected until the very long term (unless there is a high speed train to BKK or the Casino gambling laws are relaxed in Chonburi). Also this income cannot count toward retirement visa income because it comes from inside Thailand. Not an issue for me yet because I am along way off 50 but a factor for me to bare in mind for the future.

My feeling is I will not buy anymore property in Thailand until I live there, but to have a cash reserve to buy any really good deals that would allow me an acceptable ROI even if renting out at the bottom of the rental range for the appropriate market. Also I would only consider buying property in Thailand I can own outright, so I am limited to the condo market.

I feel it is best not to have all your eggs in one basket. Half of my income will be from my UK rentals, the rest maybe split between Thai investment property and stocks and shares, or maybe I will just live in my Jomtien condo and all the rest of my income from investments.

Hope that might help.

Link to comment
Share on other sites

The advantage of the London properties over the Jomtien one is that last time I needed a tenant, I had one within 3 days of the advert, the Jomtien condo took over a month to rent out.

My feeling is I will not buy anymore property in Thailand until I live there, but to have a cash reserve to buy any really good deals that would allow me an acceptable ROI even if renting out at the bottom of the rental range for the appropriate market. Also I would only consider buying property in Thailand I can own outright, so I am limited to the condo market.

Makes sense to me.

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

And which estate agent do you work for ,or is it that you dont get out much. :D,it was Pattaya i was refering to by the way

Edited by thaimate
Link to comment
Share on other sites

Indeed Thailand is a HUGE country especially in relation to the UK

Bangkok and Pattaya are very much worlds apart , especially in this aspect, - One has a beach the other doesn't. After that things get a bit more complex....

But the property market for Farangs is mainly limited to Bangkok, Pattaya and Chiang Mai, whereas in comparison the property market in UK is much larger.

BlackandWhite, I suggest you come here for a while, see the 30 or so delayed / stalled / incomplete / never started condo developments in Pattaya that are keeping the local courts busy, look around the half empty housing estates and see the huge amount of empty condos, talk to owners and renters who have had rents reduced 50% in the last few years and owners who have not been able to sell properties unless at heavily discounted prices.

Even search some of the estate agents websites to see what's available, Alan Bolton, Northern Thai, East Coast, Sallmans to name a few of the bigger ones, a Google will give you lots more. Unfortunately unlike in the UK you can't find out what price places actually sell for or how long they have been on the market.

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Pattaya is booming, what a load of ****.

This has to be the worst place to invest in the world.

An economy based on bars and bar girls.

In the words of the great John Mcenroe.

You can not be serious!!!!

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Pattaya is booming, what a load of ****.

This has to be the worst place to invest in the world.

An economy based on bars and bar girls.

In the words of the great John Mcenroe.

You can not be serious!!!!

Doc50

I totally agree with your comments !!!!

My advise is to put as little money into this country as possible invest elsewhere and certainly safer to invest more in the UK.

This country has no future don't waste your money. Come here and enjoy but source your income from investments from outside.

I have lived here for 10 years and during the last 5 years the country has changed so much it is unbelievable and will never be the same again.

Sorry to be so negative but i would hate another farang to loose his investments as so many have done.

As for Pattaya don't even go there !!!!!

Edited by Longtail2
Link to comment
Share on other sites

Hello

Great reply's thank you all, it seems to swing one way to me,

Thailand is a fair investment if you intend to live there, Uk is a safer bet as rental incomes are more likley to offer rewards later down the line.

I am going to be looking at Condo's next time we go, Hua Hin is the place of choice for me, but very expensive, but easy access from BK, nice and simple.

Prices here in the Uk are shifting up a small amount and in the places they are not they are stable. So further careful investment here would be my choice for now.

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

That's all arse about face.

Why...........???........houses in the UK are increasing and selling well?????.decent sized and priced condos in Pattaya are not selling at all..............get out a bit more and you might get up to speed on the world economy

Still trying to talk up real estate I see.

OP you will get a few real estate agents on here trying to big up the property market here but the truth is it's overpriced and doesn't sell and the rental market is low as well.

Best keep your money in UK if rental opportunities are strong as real bargains can be had with property prices already having fallen significantly.

Edit: oh and ask these guys that think the property market is so great in Pattaya how many units they own?

I wish people would read threads properly...I stated property in a good location and priced well will sell.......and said overpriced property in a bad location wont....please read carefully..you always get those that cant afford to buy talking the market down :D

Link to comment
Share on other sites

Still trying to talk up real estate I see.

OP you will get a few real estate agents on here trying to big up the property market here but the truth is it's overpriced and doesn't sell and the rental market is low as well.

Best keep your money in UK if rental opportunities are strong as real bargains can be had with property prices already having fallen significantly.

Edit: oh and ask these guys that think the property market is so great in Pattaya how many units they own?

ESB7 - Just to confirm where you stand, is your advise or suggestions from experience or just your thought, are you an owner or properties

Read this thread to get a perspective, would you buy a car from Arthur Daley?

http://www.thaivisa....57-time-shares/

And your point is exactly what???..........this subject always brings out a few idiots on Samui, my argument is that all the staff have work permits, which they do...whereas other posters say they havnt and cant prove their statements...ok mai

Link to comment
Share on other sites

Hello

Great reply's thank you all, it seems to swing one way to me,

Thailand is a fair investment if you intend to live there, Uk is a safer bet as rental incomes are more likley to offer rewards later down the line.

I am going to be looking at Condo's next time we go, Hua Hin is the place of choice for me, but very expensive, but easy access from BK, nice and simple.

Prices here in the Uk are shifting up a small amount and in the places they are not they are stable. So further careful investment here would be my choice for now.

If you are thinking of the West Coast and Hua Hin, wait a while and check out Cha am...a new Long Beach Condo project is due at the North end of the beach where the fishing village was.....that side of the water is very popular with Thais...Takiab condos all sold out, Boathouse sold out...Long Beach will be the same.....beware many people there think that as the condos are empty, they havnt been sold...not so, BKK Thais buy them for a crash pad at the sea and maybe only use them 3-4 times a year

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Pattaya is booming, what a load of ****.

This has to be the worst place to invest in the world.

An economy based on bars and bar girls.

In the words of the great John Mcenroe.

You can not be serious!!!!

Doc50

I totally agree with your comments !!!!

My advise is to put as little money into this country as possible invest elsewhere and certainly safer to invest more in the UK.

This country has no future don't waste your money. Come here and enjoy but source your income from investments from outside.

I have lived here for 10 years and during the last 5 years the country has changed so much it is unbelievable and will never be the same again.

Sorry to be so negative but i would hate another farang to loose his investments as so many have done.

As for Pattaya don't even go there !!!!!

The UK with mass immigration, raging inflation and a huge deficit that will take a generation to pay off has a brighter future than Thailand and the rest of Asia.....you really are living in the last millenium.......When were you last in Pattaya???..........families everywhere, young couples everywhere...just because your favourite beer bar has closed down to make way for a shopping mall or 5 star hotel... and all the chicks gone home to their buffalos, dosnt mean Thailand is finished

Edited by ESB7
Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Pattaya is booming, what a load of ****.

This has to be the worst place to invest in the world.

An economy based on bars and bar girls.

In the words of the great John Mcenroe.

You can not be serious!!!!

If all you can associate with Thailand is bars and bar girls, I think we all know what kind of guy you must be.........bet you speak Thai fluent hey...Tirak, Bi nai, Gin kow...anything else you know?

Link to comment
Share on other sites

Why...........???........houses in the UK are increasing and selling well?????.decent sized and priced condos in Pattaya are not selling at all..............get out a bit more and you might get up to speed on the world economy

Still trying to talk up real estate I see.

OP you will get a few real estate agents on here trying to big up the property market here but the truth is it's overpriced and doesn't sell and the rental market is low as well.

Best keep your money in UK if rental opportunities are strong as real bargains can be had with property prices already having fallen significantly.

Edit: oh and ask these guys that think the property market is so great in Pattaya how many units they own?

ESB7 - Just to confirm where you stand, is your advise or suggestions from experience or just your thought, are you an owner or properties

Yes I own property......but as said, well priced and in a good location, you wont loose but dont buy rubbish, as there certainly is a lot out there

Link to comment
Share on other sites

The UK property market is set to collapse, once that ijit M King is out the way and the BOE start to tackle inflation your investments in the UK wil fall like a stone....The condo market in Thailand especially Pattaya is booming....I certainly know what I would do

Pattaya is booming, what a load of ****.

This has to be the worst place to invest in the world.

An economy based on bars and bar girls.

In the words of the great John Mcenroe.

You can not be serious!!!!

Doc50

I totally agree with your comments !!!!

My advise is to put as little money into this country as possible invest elsewhere and certainly safer to invest more in the UK.

This country has no future don't waste your money. Come here and enjoy but source your income from investments from outside.

I have lived here for 10 years and during the last 5 years the country has changed so much it is unbelievable and will never be the same again.

Sorry to be so negative but i would hate another farang to loose his investments as so many have done.

As for Pattaya don't even go there !!!!!

The UK with mass immigration, raging inflation and a huge deficit that will take a generation to pay off has a brighter future than Thailand and the rest of Asia.....you really are living in the last millenium.......When were you last in Pattaya???..........families everywhere, young couples everywhere...just because your favourite beer bar has closed down to make way for a shopping mall or 5 star hotel... and all the chicks gone home to their buffalos, dosnt mean Thailand is finished

Even with the UK having it's problems which i agree it has i still think the UK has potential especially in the housing market property has never been so cheap so invest now and wait for the market to pick up again which i agree could be some time but it will !!!

I have lived here for many years and spent a lot of money and made a lot of money also yes i have done well and spent it wisely but if you cannot see the changes that are happening and the constant conflict with under hand dealing and the con merchants which are in all areas you must have your head in the sand or bar and you will certainly be another farang to loose out .

And your comments regarding the bars chicks etc is crap i am married and have children so i don't need this entertainment so don't generalise in your comments.

I went to Pattaya on business last week and it has improved very slightly but it is still a place that should be avoided at all cost unless you fit into your above criteria.

You would'nt be a timeshare sales person would you ?????

We are not saying Thailand has finished but the glory day's have gone and you need to be careful and watch what you get involved in and with whom !!!!

This has gone of the topic slightly but when i see reply's like you have sent in and your attitude it requires a reply back because again you are talking crap !!!!

Link to comment
Share on other sites

Even with the UK having it's problems which i agree it has i still think the UK has potential especially in the housing market property has never been so cheap so invest now and wait for the market to pick up again which i agree could be some time but it will !!!

I have lived here for many years and spent a lot of money and made a lot of money also yes i have done well and spent it wisely but if you cannot see the changes that are happening and the constant conflict with under hand dealing and the con merchants which are in all areas you must have your head in the sand or bar and you will certainly be another farang to loose out .

And your comments regarding the bars chicks etc is crap i am married and have children so i don't need this entertainment so don't generalise in your comments.

I went to Pattaya on business last week and it has improved very slightly but it is still a place that should be avoided at all cost unless you fit into your above criteria.

You would'nt be a timeshare sales person would you ?????

We are not saying Thailand has finished but the glory day's have gone and you need to be careful and watch what you get involved in and with whom !!!!

This has gone of the topic slightly but when i see reply's like you have sent in and your attitude it requires a reply back because again you are talking crap !!!!

Head not in the bar as dont drink..as for property in the UK quote "never been so cheap":lol: where have you been the past 15 years..property in the UK is overpriced at the moment and is being kept artificially high by Mervs refusal to raise interest rates.....people cant afford houses in the UK and they will drop!!!.......Pattaya changed a little..........Jeez....where did you look and at what,,,Pattaya is a fantastic place to be, it really is becoming Thailands/SE Asias Premier resort...those without money, or those that have lost will always be bitter and post ridiculous remarks(although relevevant to their situation of their own doing) but many thousands of people are buying and making money in Pattayas real estate business.

Link to comment
Share on other sites

Even with the UK having it's problems which i agree it has i still think the UK has potential especially in the housing market property has never been so cheap so invest now and wait for the market to pick up again which i agree could be some time but it will !!!

I have lived here for many years and spent a lot of money and made a lot of money also yes i have done well and spent it wisely but if you cannot see the changes that are happening and the constant conflict with under hand dealing and the con merchants which are in all areas you must have your head in the sand or bar and you will certainly be another farang to loose out .

And your comments regarding the bars chicks etc is crap i am married and have children so i don't need this entertainment so don't generalise in your comments.

I went to Pattaya on business last week and it has improved very slightly but it is still a place that should be avoided at all cost unless you fit into your above criteria.

You would'nt be a timeshare sales person would you ?????

We are not saying Thailand has finished but the glory day's have gone and you need to be careful and watch what you get involved in and with whom !!!!

This has gone of the topic slightly but when i see reply's like you have sent in and your attitude it requires a reply back because again you are talking crap !!!!

Head not in the bar as dont drink..as for property in the UK quote "never been so cheap":lol: where have you been the past 15 years..property in the UK is overpriced at the moment and is being kept artificially high by Mervs refusal to raise interest rates.....people cant afford houses in the UK and they will drop!!!.......Pattaya changed a little..........Jeez....where did you look and at what,,,Pattaya is a fantastic place to be, it really is becoming Thailands/SE Asias Premier resort...those without money, or those that have lost will always be bitter and post ridiculous remarks(although relevevant to their situation of their own doing) but many thousands of people are buying and making money in Pattayas real estate business.

This guy is either seriously deluded or he's sitting in a padded cell.

Link to comment
Share on other sites

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.









×
×
  • Create New...