gandalf12 Posted March 10, 2016 Share Posted March 10, 2016 Are you sure that the person selling it actually owns it and has the right to sell it? Link to comment Share on other sites More sharing options...
tomwct Posted March 10, 2016 Share Posted March 10, 2016 Go For It! I have two (2) ocean front lots in Florida! I will give you a 50% discount for Cash! One, is $450,000 and the other $765,000. I have discounted 50%, so your getting a real bargain. My offer expires in 48 hours! Link to comment Share on other sites More sharing options...
AlexRRR Posted March 10, 2016 Share Posted March 10, 2016 If it's taken a few months to decide and your still undecided forget it. Not much point owning something that expensive if it's not getting used. Link to comment Share on other sites More sharing options...
richard_smith237 Posted March 10, 2016 Share Posted March 10, 2016 It's pretty obvious what you mean by beach front land, so no need to get into the debate about that - Its land which is not on the beach but fronts the beach with direct access. If so, 1 Rai at 10million baht almost sounds too good to be true.... check, double check, triple check and then quadruple check the legalities of this purchase... Do I sound jealous - Yes - IF this is a genuine offer / purchase its a great deal, of course I'm jealous ! - Good luck to the Op, beach front property is sought after World Wide. A Rai of Beach Front land in Hua Hin, Chantaburi, Pranbrui etc goes for 5x that... Link to comment Share on other sites More sharing options...
Oilyfish Posted March 10, 2016 Author Share Posted March 10, 2016 Thank you all for the replies, I didn't expect to get so much feedback. It seems the consensus is that it is not over priced so my question has been answered, also I feel my mind to be somewhat clearer on the matter now from all the responses so that's great. Kinda edging towards going ahead with it then, I'll update this thread if I do but its may be some time away, one again thanks for all the useful replies :-) Link to comment Share on other sites More sharing options...
khunsiam Posted March 10, 2016 Share Posted March 10, 2016 Thank you all for the replies, I didn't expect to get so much feedback. It seems the consensus is that it is not over priced so my question has been answered, also I feel my mind to be somewhat clearer on the matter now from all the responses so that's great. Kinda edging towards going ahead with it then, I'll update this thread if I do but its may be some time away, one again thanks for all the useful replies :-) Koh Som is "for sale", triple check required. "KOH SOM ISLAND... 500 METERS NORTH OF KOH SAMUI A BEAUTIFUL PRIVATE ISLAND PROPERTY FOR SALE... FULLY LANDSCAPED AND READY... IF YOU ARE INTERESTED PLEASE MESSAGE..." https://www.facebook.com/petcherat.kohsamui/ Link to comment Share on other sites More sharing options...
samuijimmy Posted March 10, 2016 Share Posted March 10, 2016 I think the only thing to add, is to make sure you have a good lawyer, to deal with the transaction.... Few and far between on KP, from past comments... perhaps you'll need to find one on Samui or BKK? Link to comment Share on other sites More sharing options...
Mooner Posted March 10, 2016 Share Posted March 10, 2016 Isn't parts of phangan National Park? Link to comment Share on other sites More sharing options...
evadgib Posted March 10, 2016 Share Posted March 10, 2016 Thank you all for the replies, I didn't expect to get so much feedback. It seems the consensus is that it is not over priced so my question has been answered, also I feel my mind to be somewhat clearer on the matter now from all the responses so that's great. Kinda edging towards going ahead with it then, I'll update this thread if I do but its may be some time away, one again thanks for all the useful replies :-) Koh Som is "for sale", triple check required."KOH SOM ISLAND... 500 METERS NORTH OF KOH SAMUI A BEAUTIFUL PRIVATE ISLAND PROPERTY FOR SALE... FULLY LANDSCAPED AND READY... IF YOU ARE INTERESTED PLEASE MESSAGE..." https://www.facebook.com/petcherat.kohsamui/ Any buyer will need to be deaf: Link to comment Share on other sites More sharing options...
Razzler1973 Posted March 10, 2016 Share Posted March 10, 2016 You said your wife is from there, does she still have family on the island? Will you ultimately retire here/nearing retirement/still work Sounds like a good deal especially if your wife still has family then it really is more a 'home' for now and future and not just some place you will tire of down the line Link to comment Share on other sites More sharing options...
PoorSucker Posted March 10, 2016 Share Posted March 10, 2016 Koh Som is "for sale", triple check requiredMight be, Koh som is actually two small islands with a small land bridge, Thai navy claims half. I remember a housing project there eight years ago. Who want a house on an island without freshwater source? Dig a well there and you end up with salt water. And it is right for in the flight path to the Samui airport. Link to comment Share on other sites More sharing options...
tomwct Posted March 11, 2016 Share Posted March 11, 2016 Where's the video? I want to look! Link to comment Share on other sites More sharing options...
Phatbeets Posted March 11, 2016 Share Posted March 11, 2016 If its the best beach on the island it must be haad yao and there is one fallow in the middle of the beach since years I always wondered when it would be sold. what are you going to do with 1 rai if not open some business? Seems like an overkill for just one house. at least to me. yeah the whole island is in the hand of very few families so thats not surprising. Good luck Link to comment Share on other sites More sharing options...
Phanganguy Posted March 12, 2016 Share Posted March 12, 2016 Ignore all the rubbish and incorrect comments... As I am sure you will I am in exactly the same position as you but without the big pockets hahaha... I have spent the last 3 years looking at lands on the island. If the beach aspect is as you say... Buy it... Poor beach land on Phangan can fetch 8-10m Forget the lawer bit... Get the wifes family to make local enquiries and look over the chanote very very well... All dire information will be recorded on the chanote. We have purchased sea view... A quick trip to the land office by wife and seller... Hand over money and taxes... Done in half an hour.... Or you could pay 50k baht to a lawyer to do the same thing.... Do it (and invite me for a drink when the house is complete!) Good luck Link to comment Share on other sites More sharing options...
tomacht8 Posted March 15, 2016 Share Posted March 15, 2016 If its the best beach on the island it must be haad yao and there is one fallow in the middle of the beach since years I always wondered when it would be sold. what are you going to do with 1 rai if not open some business? Seems like an overkill for just one house. at least to me. yeah the whole island is in the hand of very few families so thats not surprising. Good luck I know also this plot. I'd bet more on Thong Nai Pan Yai. On the west coast the sea goes in summer back very far. At some beaches of the west coast you can then look for shells and can not swim all year. It is good that you have the backing of the native family of your wife. If the 10 million plus house is not your whole pension / retirement money, go for it. In an emergency, do not expect that you can resell your plot quickly. Link to comment Share on other sites More sharing options...
Phanganguy Posted March 15, 2016 Share Posted March 15, 2016 Agree on the not selling quickly.. Sales can easily take 3-5 years on the island Also bear in mind that selling and repatriating the money back to your home country can be difficult or impossible.... Is possible for house build costs using a fetf form when bringing in the money... Not the land purchase money because, of course, you never own the land... You wife will.... Link to comment Share on other sites More sharing options...
delgarcon Posted March 28, 2016 Share Posted March 28, 2016 Ignore all the rubbish and incorrect comments... As I am sure you will I am in exactly the same position as you but without the big pockets hahaha... I have spent the last 3 years looking at lands on the island. If the beach aspect is as you say... Buy it... Poor beach land on Phangan can fetch 8-10m Forget the lawer bit... Get the wifes family to make local enquiries and look over the chanote very very well... All dire information will be recorded on the chanote. We have purchased sea view... A quick trip to the land office by wife and seller... Hand over money and taxes... Done in half an hour.... Or you could pay 50k baht to a lawyer to do the same thing.... Do it (and invite me for a drink when the house is complete!) Good luck I agree that you don't need a lawyer. When we purchased our property my wife and the seller exchanged house with money at the land office and the following day we went back and the land office helped us with a lease between my wife and I. 10m baht sounds very reasonable for beach front land. Link to comment Share on other sites More sharing options...
PoorSucker Posted March 28, 2016 Share Posted March 28, 2016 I agree that you don't need a lawyer. When we purchased our property my wife and the seller exchanged house with money at the land office and the following day we went back and the land office helped us with a lease between my wife and I. 10m baht sounds very reasonable for beach front land. Why the lease? Thailand Civil and Commercial Code Book IV: Marriage TITLE I Chapter II Section 1469 "Any agreement concluded between husband and wife during marriage may be avoided by either of them at any time during marriage or within one year from the day of dissolution of marriage; provided that the right of third persons acting in good faith are not affected thereby." Link to comment Share on other sites More sharing options...
Phanganguy Posted March 28, 2016 Share Posted March 28, 2016 Interesting point... If lease taken by potential husband before marriage then can secure leasehold for 'husband'... After marriage is common property and is divisible since marital property (ie the house... Not land of course if farang) is common property... Maybe we misunderstand the situational detail... Link to comment Share on other sites More sharing options...
TheLobster Posted March 28, 2016 Share Posted March 28, 2016 Sounds cheap to me but who would want to live on KP? Link to comment Share on other sites More sharing options...
delgarcon Posted March 29, 2016 Share Posted March 29, 2016 Interesting point... If lease taken by potential husband before marriage then can secure leasehold for 'husband'... After marriage is common property and is divisible since marital property (ie the house... Not land of course if farang) is common property... Maybe we misunderstand the situational detail... Sorry, my fault, I don't know why I said my wife, I should have said gf> Link to comment Share on other sites More sharing options...
anotheruser Posted April 3, 2016 Share Posted April 3, 2016 It sounded like a good deal so I put in my own offer on it this morning of 11 million. Waiting to hear back. Good luck! Link to comment Share on other sites More sharing options...
oldsailor35 Posted April 6, 2016 Share Posted April 6, 2016 Big secret i know. But i reckon you have been offered Had Rin. Link to comment Share on other sites More sharing options...
oldsailor35 Posted April 6, 2016 Share Posted April 6, 2016 The price seems fair enough, but you will need someone to look after your property, while you´re not there. Go back and read the post again ! His wife was born there, her whole family lives there, so who else should they get to look after it. Another thing. Those who are giving advice regarding bungalows etc., he just wants a house/home there by the beach . If i were he, i would buy it , offers like this do not come along every day, especially with the family background. Link to comment Share on other sites More sharing options...
oldsailor35 Posted April 6, 2016 Share Posted April 6, 2016 For a Thai selling to another the price seems high for 1 rai. You can buy on the mainland 3 rai for that price, plus your development cost will be half on the mainland. The other thing is the resale of a house on an island can sometimes be difficult, many people dont want to live on an island. If you are buying for investment and keep the land undevelop, ok, but if you build to live I am not certain. Later in live you need medical care and access to shops without a hassle, which isnt easy on some islands. You are thinking the Thai factor and forgetting the Farang factor in the deal. Link to comment Share on other sites More sharing options...
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