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Eviction threat for Australians who put life savings into Thai dream homes


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Phuket: Daryl Davies knew when he saw the luxurious homes set amid eight tropical acres with stunning sea views that this is where he wanted to spend his retirement years.

"They are absolutely delightful," says 70-year-old Mr Davies from Melbourne, referring to a $30 million development on the pristine west coast of the Thai resort island of Phuket.

Mr Davies, a retired commercial pilot, paid the equivalent of about $500,000 in Thai baht for his dream three-bedroom home in Chom Tawan, one of the most prestigious residential developments on Phuket

http://www.smh.com.au/world/eviction-threat-for-australians-who-put-life-savings-into-thai-dream-homes-20141126-11u7a1.html?utm_source=twitter&utm_medium=social&utm_campaign=nc&eid=socialn%3Atwi-13omn1677-edtrl-other%3Annn-17%2F02%2F2014-edtrs_socialshare-all-nnn-nnn-vars-o%26sa%3DD%26usg%3DALhdy28zsr6qiq

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