drb Posted February 15, 2016 Share Posted February 15, 2016 Hi All Hope someone can help me I'm in UK I have found a property that we have fallen in love with to start with we would go there on holiday for 4-5 months a year but would like if possible to rent it out rest of time hopefully to UK people looking for holiday let its in banchang samnak thon Rayong looks like thats around 45 km to Rayong centre Its near the beach and has communal swimming pool etc I am hoping someone can tell me about the area is it safe property values suitable for a a UK to live ANY INFO whatsoever would be MOST appreciated Please advise on ANYTHING relevant at all ASAP as I need make some decisions quickly many thanks in advance .. Dave Link to comment Share on other sites More sharing options...
MJCM Posted February 15, 2016 Share Posted February 15, 2016 As you are approx half way between Pattaya and Rayong, for a foreigner going shopping, the Pattaya area is better (more choices like Foodland, Friendship etc). So that means you also need a car. No idea's about the other questions Good luck Link to comment Share on other sites More sharing options...
prk888 Posted February 15, 2016 Share Posted February 15, 2016 i have several properties in Thailand so i think i am possibly qual;ified to comment My advice? Visit and research before you buy .......... no question in my mind. That investment in flights etc will be well worth it. And there is NO URGENCY believe me - you don't have to make quick decisions as little is selling here currently as it's a buyer's market And make sure you understand all the rules about bringing money into Thailand Good luck Link to comment Share on other sites More sharing options...
swissie Posted February 15, 2016 Share Posted February 15, 2016 Depending on the input from a public forum you would be willing to make such a major decision ? - First, you would have to study the "property laws" concerning Foreigners here, then you would need to rent something in the area for 6 months. Just to find out if you would like the surroundings longer term.. What's the hurry? If the urgency originates from any advice received by Thai GF = drop the entire project at once. Otherwise you are likely to regret it. Cheers. Link to comment Share on other sites More sharing options...
rocketboybkk Posted February 15, 2016 Share Posted February 15, 2016 And if you want to sell read above You won't unless it's dirt cheap Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
NickJ Posted February 15, 2016 Share Posted February 15, 2016 When you say you have found a property that you have fallen in love with. Have you only seen photos of this place on line or have you been there yet?......I ask as reading what you wrote leaves me to think you havent been there in person. Link to comment Share on other sites More sharing options...
rocketboybkk Posted February 15, 2016 Share Posted February 15, 2016 I've found a house in Chelsea Look great from the pics I'm in love with it Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
onemorechang Posted February 15, 2016 Share Posted February 15, 2016 (edited) prk888, Good advice Also ignore all PM messages you get.from people on here. no hurry to part company with your cash. Edited February 15, 2016 by onemorechang Link to comment Share on other sites More sharing options...
kdrayong Posted February 15, 2016 Share Posted February 15, 2016 All correct, above.Leave yourself time. Rent something first and look around.That's what I did at least. Link to comment Share on other sites More sharing options...
adisont Posted February 15, 2016 Share Posted February 15, 2016 prk888 is correct, confirm. I'm Thai in U.S. That area won't be easy to rent it out unless you can find your own renter. https://www.airbnb.com/s/Ban-Chang-District--Thailand Spend a month on each area & explore, Hua Hin, Cha am, Petchburi, Krabi, Phuket, Phang nga etc. If your wife is not Thai, expat buyer would be legal hassle and scam !!! Link to comment Share on other sites More sharing options...
thaihome Posted February 16, 2016 Share Posted February 16, 2016 Ban Chang is located between the Map Ta Phut Industrial Estate and Utapao airport. It has a large expat population made up of retirees and people working at Map Ta Phuthe or supporting the offshore fabrication business. It also has a large Thai middle class. There are two golf courses located in the immediate area with several more a short drive away. It also has a small expat bar area known as the "strip". It is very livable for an UK national as they make up the majority of the expat population. I do doubt you will have much luck with a short term holiday rental during time you are not there as there is not much of a tourist industry except for golf tours from Korea or Scandinavia. TH Link to comment Share on other sites More sharing options...
cyberfarang Posted February 16, 2016 Share Posted February 16, 2016 i have several properties in Thailand so i think i am possibly qual;ified to comment My advice? Visit and research before you buy .......... no question in my mind. That investment in flights etc will be well worth it. And there is NO URGENCY believe me - you don't have to make quick decisions as little is selling here currently as it's a buyer's market And make sure you understand all the rules about bringing money into Thailand Good luck I have been tempted to buy my own property in Chiang Mai, my Thai girlfriend nags me about it everyday, but have gotten cold feet over the legal issues of ownership. How do you get around the legalities of Farlang ownership in Thailand? Link to comment Share on other sites More sharing options...
prk888 Posted February 16, 2016 Share Posted February 16, 2016 cyberfarang post #12 ..................... you'll get many replies to your question no doubt but simply put a farang can buy a condo in his/her name (if the condo building ownership %age is 49%:51% farang:Thai) but you cannot own a house/land. So either put house in a Company name (might be problematic so do check) or through a Thai That's the reason typically ladies here would definitely prefer the boyfriend buys a house rather than a condo. Simple logic really Good luck but do research the rules in advance Link to comment Share on other sites More sharing options...
prk888 Posted February 16, 2016 Share Posted February 16, 2016 drb - do note what adisont said ..................... that area is not an easy place to find 'renters' so may be difficult to find property 'managers ' in your absence Link to comment Share on other sites More sharing options...
chicowoodduck Posted February 16, 2016 Share Posted February 16, 2016 Go back and get your brain at the airport.....? Never buy anything in Lieland.....end of story....? Link to comment Share on other sites More sharing options...
ozyjon Posted February 16, 2016 Share Posted February 16, 2016 I have found a property that we have fallen in love with Only Thai people can own land and property, if the ''we'' has one Thai person then it's ok, you white boy own nothing, you pay they receive a gift, when you leave you take nothing with you, and you want to rent your property, to who, stop dreaming, the army rule this country. Oh and your visa? Link to comment Share on other sites More sharing options...
ChangMaiSausage Posted February 16, 2016 Share Posted February 16, 2016 I considered Rayong (close to Marriot Hotel) we have spent several vacations there but never longer than two weeks. Every time I go it appeals to me more................... however everyone I spoke to said its very quiet and they wish they had moved somewhere with more things happening (definition of more is down to the individual its very quiet. The property and land prices are also increasing yearly, I do expect the area to become popular in the future (great long beach) Very popular with the Scandinavians in fact several areas I looked at I got the feeling that they did not want other nationalities moving in (maybe just me) Link to comment Share on other sites More sharing options...
MJCM Posted February 16, 2016 Share Posted February 16, 2016 (edited) <snip> I have been tempted to buy my own property in Chiang Mai, my Thai girlfriend nags me about it everyday, but have gotten cold feet over the legal issues of ownership. How do you get around the legalities of Farlang ownership in Thailand? This may help ? Do a search on the forum for the term: Usufruct. Edited February 16, 2016 by MJCM Link to comment Share on other sites More sharing options...
cyberfarang Posted February 16, 2016 Share Posted February 16, 2016 cyberfarang post #12 ..................... you'll get many replies to your question no doubt but simply put a farang can buy a condo in his/her name (if the condo building ownership %age is 49%:51% farang:Thai) but you cannot own a house/land. So either put house in a Company name (might be problematic so do check) or through a Thai That's the reason typically ladies here would definitely prefer the boyfriend buys a house rather than a condo. Simple logic really Good luck but do research the rules in advance I have all ready done my in-depth research into this subject and why I wouldn`t touch throwing money into a property I can`t own with a barge pole, not even if I was married to a Thai. Thinking you`re on a safe bet by buying in a Thai wife name is a myth. I am fully aware that a Farlang can buy a condo and even land on certain conditions, including under a company but all I want to know is, how do the Farlangs that do buy in their wife`s names or by other means get around the legalities? Because I don`t believe that only those with companies are investing in land, I wasn`t born yesterday. I am a retiree in Thailand and see no benefits to actually get married. This way I can throw my girlfriend`s ass out the door if she ever tried to screw me (not in the sexual sense) with no further commitments from me. If there was a secure way I could buy land and a house other then a condo I would get married, no problem. I have seen too many robbed and cheated by their Thai partners in the past and why no one can blame me for wanting to know the water is safe before I dive in. If I could safely buy land in a wife`s name then I would get married not a problem, but I don`t believe this is possible Link to comment Share on other sites More sharing options...
minikev Posted February 16, 2016 Share Posted February 16, 2016 I live close to Ban Chang and at the moment the Thai's are rushing around buying land as the new 331 4 lane rd is almost complete and the airport is to open as international. 35 mins to Pattaya and 35 mins to Rayong. Loads of nice beaches. I completely agree with prk888 you need to do your homework about the laws of ownership and to be truthful you will never completely own anything here. However it is a fantastic place to live and finding renters when you are not here is easy (not Pattaya prices) Take a vacation and check it out for sure. Make sure it is what you think it is and most of all check that the Chinote is valid at the local council offices. As for shopping etc being better in Pattaya, I go to Pattaya for my 90 day report and my bacon. Everything else and I mean everything is on your doorstep in Ban Chang. Link to comment Share on other sites More sharing options...
Thaidream Posted February 16, 2016 Share Posted February 16, 2016 If you buy- do not expect to ever sell it or profit from it. Buying property in Thailand is difficult unless there is a Thai partner. Property in Thailand always goes up each year but that does not mean you can sell it for that price. My best advice- unless you can live here forever- and then will it to a Thai partner- rent.If you insist on buying- you must go to the land office to find who really is the owner and if there are any tax deficiencies or legal issues. Also there, you find what the land/house is really valued at. If you do not know how to do this-and have no one you trust implicitly who can do this- you might reconsider the purchase. Remember, Thailand does not have legal protections like the UK. I have seen many foreigners of all nationalities spend money on land/houses and lose it all. Don't be the next one. Link to comment Share on other sites More sharing options...
SattahipBri Posted February 16, 2016 Share Posted February 16, 2016 If you buy- do not expect to ever sell it or profit from it. Buying property in Thailand is difficult unless there is a Thai partner. Property in Thailand always goes up each year but that does not mean you can sell it for that price. My best advice- unless you can live here forever- and then will it to a Thai partner- rent.If you insist on buying- you must go to the land office to find who really is the owner and if there are any tax deficiencies or legal issues. Also there, you find what the land/house is really valued at. If you do not know how to do this-and have no one you trust implicitly who can do this- you might reconsider the purchase. Remember, Thailand does not have legal protections like the UK. I have seen many foreigners of all nationalities spend money on land/houses and lose it all. Don't be the next one. Really, I dont know where you live but 2 friends recently sold their houses in Sattahip and they sold very quickly. Link to comment Share on other sites More sharing options...
Rimmer Posted February 16, 2016 Share Posted February 16, 2016 Don't lets get into land ownership there is a forum all about that subject: Real Estate, housing, house and land ownership Link to comment Share on other sites More sharing options...
Thaidream Posted February 16, 2016 Share Posted February 16, 2016 (edited) I and my wife have sold 4 houses in different provinces and iit took each one about a year to be sold at the price we wanted. When I say we- all properties/houses were solely in her name and all the payments and taxes were solely in her name. Foreigners cannot legally own land in Thailand and without owning the land- I always tell people do not buy unless you have a trusted partner. Too many people have lost everything on land/houses they can never own.No matter what anyone tells you- you cannot own the land and the contract allowing you to own the house will not hold up in court. Edited February 16, 2016 by Thaidream Link to comment Share on other sites More sharing options...
cyberfarang Posted February 16, 2016 Share Posted February 16, 2016 I’ve seen lots of these types of posts on Thai Visa where people making recommendations or asking for advice about land and properties try to make it look like a doddle. Pay the money and you can have your own land empire, king of the castle.Nothing can be further from the truth. A friend of mine recently lost his 10000000 baht house and land after his Thai wife put up the land to borrow money from loan sharks.I think the people putting up recommendations for houses and land or those answering inquiries should at least be honest, tell how they are buying, what’s involved and to stop giving the less experienced a false awareness that it’s a good thing to do and they can`t go wrong. Link to comment Share on other sites More sharing options...
1FinickyOne Posted February 16, 2016 Share Posted February 16, 2016 I would say you have some good advice above in terms of taking your time. Dreams can become nightmares too. Maybe rent there for a while and see how you like it. Though the beach in Rayong is beautiful, I never see swimmers - I do see oil storage tanks... and you might check the cancer rates for the nearby areas... there have been problems there. good luck - go slow. Link to comment Share on other sites More sharing options...
SOUTHERNSTAR Posted February 16, 2016 Share Posted February 16, 2016 Don't know the area but my general advise is to stay in the area for a few months before you decide to buy or not. NEVER be pushed into a deal, take your time. Link to comment Share on other sites More sharing options...
augustwest Posted February 16, 2016 Share Posted February 16, 2016 (edited) after location,location.locationSecond rule do not fall in love with a property till you own it! Edited February 16, 2016 by Rimmer Links removed Link to comment Share on other sites More sharing options...
Norvid 1950 Posted February 16, 2016 Share Posted February 16, 2016 Why don't to check with a local lawyer? There was one on ThaiVisa. Ask. Link to comment Share on other sites More sharing options...
louse1953 Posted February 16, 2016 Share Posted February 16, 2016 Ive seen lots of these types of posts on Thai Visa where people making recommendations or asking for advice about land and properties try to make it look like a doddle. Pay the money and you can have your own land empire, king of the castle. Nothing can be further from the truth. A friend of mine recently lost his 10000000 baht house and land after his Thai wife put up the land to borrow money from loan sharks. I think the people putting up recommendations for houses and land or those answering inquiries should at least be honest, tell how they are buying, whats involved and to stop giving the less experienced a false awareness that its a good thing to do and they can`t go wrong. Your friend was a fool and didn't have a usasfruct,did he.By the way it was her land. Link to comment Share on other sites More sharing options...
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