Mark1971 Posted December 18, 2013 Share Posted December 18, 2013 Thanks Bosse...but I've been here to long for that. I already think it's over priced. Even at 3 million, the ROI of 6.3% doesn't make sense. Why would ANYBODY consider paying that much for this plot of land considering the poor prospect of future return? My question is "Am I missing something?" 3 Million Baht for 30 Rai of good Rubber trees, on Chanote land title is a resonable investment for a local Thai family who want to tap the trees themselves. Excluding speculation on future land value, which is very specific to the local area. As a plantation owner it is a marginal investment at best. As a farang who can't even own land in Thailand, it isn't even worth considering. 5.5M Baht for 30 Rai = 183k Baht / Rai 10 Years ago the same land was selling for 18k Baht / Rai Link to comment Share on other sites More sharing options...
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