What do you Say?
Mine is 20% up despite covid but since it is an domestic area and not close to the actual hot spots. But that is quite long down the road and if you borrow to buy it will be very hard to turn a profit. I’m looking for a good attorney in Pattaya due to the developer stiffing me for my rental guarantee payments they owe me. If you can buy a freehold for local prices the ROI is not to bad as well if you sublet. However it is in the mix of things.
Remember, There’s only one real football club in North London. By desirable I meant how attractive it would be if you decided to rent it later down the line. Unless you’re counting Barnet. Is it in an area close to transport links, malls, parks, etc.Your son would get a British passport based on you being a British citizen, no problem there (assuming you are the biological father).You’d be talking about Arsenal then.
I’d trust my money in the market over a Thai condo every day of the week. If you plan on staying in Thailand permanently you could rent it out if you decide to move to another area, but the rental market is increasingly competitive, so how long would it be before you saw a return on investment? That said, there’s probably a lot of room for negotiation on price in the current COVID market – so you might get a bargain. Thanks Ian. If it’s not an investment then I think you’d really have to be in love with the area and see yourself living/visiting there for the next 20 years to justify it.
Extremely informative article. Ive pretty much come to the conclusion here in Jomtien / Pattaya that there are so many condos up for grabs it will take decades to fill the void to lift pricing and hence make a good profit for those wanting to make it as an investment. I looked up at the condos tonight on my stroll to the night markets and seriously can only count 15 or 20 lights on in most of these high rise apartments. Its so cheap to rent one for a month… Why would one bother buying?
I guess everyone has their own preference. I am not all about getting from point A to point B as fast as I can I suppose. And like I also said which was most important… Phuket has way much more to offer so yeah you can invest in Ko samui or Ko pha ngan etc but they are less attractive to the person who is only coming here for a short period of time. Life is all about the journey my friend. These people who come here for a week or two want to cram in as much as they can in a short period of time.
