Selling Bangkok condo after I leave Thailand

[Destiny1990]

I can do the sale on your behalf and wire u the 4 million bht over to England shortly after the transaction has completed  its really true do not worry.?

Edited June 3, 2017 by Destiny1990

[BigCinBKK]

How much? Where is it? Photos?


Sent from my iPhone using Thaivisa Connect

[Rancid]

On 02/06/2017 at 10:13 AM, funandsuninbangkok said:

Another satisfied real estate investor in Thailand. Stuck with an unsellable condo and going home. 

 

Pigeons enjoy empty units. Make sure to keep a window open. 

 

Rent in Thailand, invest in stocks offshore

Buying property here definitely isn't for everyone. There again I have had a property for 8 years that returns 10%, so not crying about that as can't get that return back home and exchange rates are irrelevant.

 

Its true the stocks have been going great, you are not in least bit concerned that prices no longer seem to be based on fundamentals or largely controlled by algorithms? Seems there are reasonable arguments that both stocks & property are a tad overvalued.

[funandsuninbangkok]

20 hours ago, Rancid said:

Buying property here definitely isn't for everyone. There again I have had a property for 8 years that returns 10%, so not crying about that as can't get that return back home and exchange rates are irrelevant.

 

Its true the stocks have been going great, you are not in least bit concerned that prices no longer seem to be based on fundamentals or largely controlled by algorithms? Seems there are reasonable arguments that both stocks & property are a tad overvalued.

S and P P/E is at high range(about 23) which is no bargain 

 

http://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart

 

and dividends are low now( 2%)

 

http://www.multpl.com/s-p-500-dividend-yield/

 

but historically you you just can't beat it

 

https://ycharts.com/indicators/sandp_500_total_return_annual

 

 

Buy condos here for sentimental reasons fine, but if you do the calculation properly including cost of ownership on Bangkok property, returns are much, much worse, normally negative. 

 

 

 

 

Edited July 8, 2017 by funandsuninbangkok