Beautiful properties .The bottom line is if you’re not a Thai citizen then buying a house with land freehold in your name is going to be risky long term with some exposure and you will never truly own it. As you stated in the video if you form a Thai partnership company setup then it shouldn’t just be a nominee arrangement it has to be genuine which would be hard to argue if the Thai partners have numerous partnerships with multiple people. ( there have been deals overturned by authorities) and being a company there’s ongoing costs and obligations .If you have a Thai wife then obviously it goes in her name but if something unfortunate happens to her then it doesn’t revert to you it will pass to family members who you would have to deal with. The land lease option is there but 30 years is the legal maximum I believe after that it’s not legally binding .Even then perhaps you as a foreigner may wish to leave your assets to overseas children etc which wouldn’t be probable. So renting in Thailand at this stage is more practical with minimal risks for many foreigners or the condominium ownership option is also available The system in Thailand is designed to be favourable to Thai citizens when it comes to land ownership it’s not a level playing field by any means. Having said all that I’ve had an association with Thailand for 38 years and a Thai wife for 30 of them. .
Do not. I repeat. Do not buy property in Thailand as a foreigner unless you are buying it with a local, whom you completely trust (example, your Thai spouse). Plenty of comments on this video to say it’s extremely risky. Only rent! (from an Australian who lived in Thailand for 4 years).
Thanks for the great video and insight into purchasing options. I was super keen to sell up and buy BUT after you explained the in's and out's I think I'll stick around here 😄. I think I got on the property market here on the south coast of WA at the right time. But the secrets out now and the prices have gone nuts over here. My youngest son is 23yrs old and found a beach shack just a few mins walk from the beach for 400K last year. We all just want to find our place to call home. If I was young again and starting out, I'd find a slice of land somewhere close to a beach and build a tiny home on it to start with.
Great informative video - couple points to add as researched heavily into buying property and retail business in Thailand and chose not to proceed on either. Buying a property in a company structure using nominees is illegal, many do it this way but look up news articles of using nominees and criminal charges laid. Property also cannot be sole purpose of company and they can review tax returns on revenue. You are able to use Thai Partner but you have limited legal rights. I cannot tell you how many guys I have met already who have lost their retirement via buying house in spouse name. I am no lawyer so advise anyone going down this path to seek advice from multiple lawyers and be warned not all lawyers in Thailand are actual lawyers.
Fantastic properties… I agree that the second one has a spectacular garden and pool, and the home felt much more manageable… For those prices it’s definitely worth looking into… I’m just amazed at how well the construction is, looks so solid… Thanks for sharing..
For 300 k $ you can buy the same estate in Spain in EU and ful rights as a owner .In Egipt out of EU but you are full owner and you can buy two villas in resort . Spain is not Filipina in the case of weather but on the Islands u have minimumn 24⁰C in the winter as well .
It's best to look at the price to own verses rent. I believe that we are in a real estate bubble right now and that it would be best to hold off on a purchase. I also believe that it's best to put all of your money in physical silver till the real estate and stock market crashes. Once that happens and the private FED ends, precious metals will skyrocket in price and the gold to silver ratio will revert to a 7 to 1 ratio that makes silver by far the better metal to be invested in.
thank you for breaking it down….I can't recommend Shellane Maxwell enough! With her expert guidance, I successfully flipped my first property and made a profit of $180,000. She provided invaluable insights on market trends and investment strategies that truly made a difference. Thanks to her, I feel confident in my real estate investments and excited about my financial future!
Shellane Maxwell has really set the standard for others to follow, we love her here in United States 🇺🇸 as she has been really helpful and changed lots of life's
Foreigners can purchase movable property 100%, but they cannot directly purchase immovable property 100%. You can only acquire it by taking advantage of legal loopholes. At present, there is no issue with purchasing through a representative company. You can hire a company with a Thai representative to buy the property on your behalf as a foreigner. However, in the future, we cannot predict whether the Thai authorities will tighten the enforcement of these laws. Technically, using a nominee company to purchase property on behalf of a foreigner is illegal. The reason the authorities turn a blind eye for now is that these practices have not yet caused significant problems for the country. A few months ago, an elderly French woman with no relatives passed away, leaving behind her estate. In her will, she stated her desire to leave her house and land, valued at hundreds of millions of baht, to her Thai maid. This became major news. However, a few weeks ago, it was reported that the maid has no rights to the property because the house was purchased through a nominee company.
Fun Fact: You can buy it but you are not own it. You will not have the document in your name. It will be developer name because only Thai citizen can own land so choose developer wisely.
Thanks for watching guys, If you're interested in checking out either of these properties for yourself, you can contact Thomas directly: g-immobilien.com/en
Basically thats a leasehold purchase or a buy into a lease ownership of the property. Can be a bad idea because if you sell .You often must renovate the property and give half to the lease holder
Don't buy, only rent. Even condos. Most condos have only 30% to 49% occupancy by foreigners. Because of that the funds for upkeep are too low and condos aren't well maintained, hence they age and break down faster. If you are owner the cost of renovation and repair of common areas is up to you, on top of the costs you already have. Just rent and move to a new condo every 5 to 10 years. They keep building new condos so reselling will probably be at a loss if the market doesn't totally collapses, wich has happened before. A lot of big developers went under, leaving you in limbo as an owner. Be warned!
Great and informative video, thanks. I also liked the 2nd house better. For me it sounds better to just rent. That way you're not tied down to a spot and don't have to jump through all those hoops.
Out of my price range. Expensive. Same as Australia. The cheapest was $403171 AUD without furniture. oh well thanks for clearing that up. They were gorgeous though
640k aud for that 1st house 😮 Beautiful home and fully furnished. That's insane. Is it close to any beaches? I almost died when u said u pay around 300 aud per month for electricity 😮 In Sydney, I pay nothing for electricity all year because of the government subsidies You're paying around $3600 Aud per year 😮 I could buy 3 of those houses for the price of my Sydney home and still have 100 or 200k spare change. That's insane. But there's no way you can compete with Sydney lifestyle. Beautiful beaches, excellent health services. Thailand doesn't appeal to me at all. There are too many risky negatives. Hot humid climate all year and very wet periods from May - Nov. Corruption and crime. That's why they build high fences around the entire property. But I would consider buying 1 as a holiday destination to visit once a year for 2 months during Dec and Jan. Rent it out on airbnb for the remainder of the year.
Hi Llloyd and Mandy. Thanks for a great video! :-) My wife and I watched it together! The first house was great. The second one, garden sublime! Amazing what you can get for your money compared to Australian prices :-) Keep up the great work!
I'm planning on getting a nice sailboat to travel the globe. I own two lots. One has a home that I'm building with my own hands and no hired labor debt free and the other is just a raw peace of land next to it. I'm planning on finishing the house to sell it which will fund the building of the other that I will keep for myself. It will be a nice size shop with an attached apartment where I will keep my things why I'm off sailing around the world. The sale of my home will also fund the sailboat and the lifestyle. I think that I might take the money from the sale of the home and purchase an apartment building and get a small trailer to live in on my other lot before I start building the second place just so I don't have to worry about money ever again rather than depleting it. One needs some type of income to survive. We'll see what happens but regardless, I want to sail around the globe and have the adventure of a lifetime but still have a place to go back to every now and then.
#2 house is definitely my favorite because of the upgrades and the landscape and master closet sold me as well. We will be slow traveling next year and we will be visiting Asian regions and Thailand is on the list to visit but we already know it would not be the country we call hone because of the new tax laws they put in place for foreigners and all the loop holes with their laws. Great video!!
Be careful, the price does not include the land. Plus land, the same price as a home in a good area of Texas. I just purchased a home at $310,000 in Texas.
Why wouldn't you just do option 5. Set up a foreign company, buy a house, call it a bed & breakfast hotel and lease it to yourself through the business, would that work?
Suggest not to buy a house or villa without having it checked by building engineer. Ground sinking is a huge issue in thailand. Water pipe, internet lines, electricity lines gets cut of after some years in worst case. Wall starts cracking. Be aware that once all the houses in the projects are sold, the developers are running away, and they are cranking up the common fees as highs as 20-30%. Then some shady mainteance company takes over, some are good but some are for surely bad. Watch your neighbours, worst thing is to have screaming kids every weekend. Soma are renting out these on weekend bases. suggest to get a house or villa on a seperate land if all possible. Don't expec the property to rise in value it doesn't don't invest too much into once bought. Use it to it's fullest and enjoy it to get the most of it.
For that price, you could purchase raw land and hire someone to build it for you for much cheaper. You could be the GC and hire the labor which will save you even more. I'd rather purchase something in Tonga on the water out in the country away from it all for a fraction of the price.
Very Cool. Both were incredible ! As we talked about I am just looking to rent and saw one in the first development for rent at $2333 a month, I want the flexibility to move if my investments have a good year or want to be closer or further to town center as time goes by. Great Video ! A+ Hope you and the Fam are well :)
Foreigners can not buy landed property according to current law- only free hold apartment or condo. Although that may change in the future under this government policy.
No, it won't change. I've been hearing that story for the past 20 years in Thailand and nothing has changed. It's a part of making false hopes so maybe someone will buy something and lose money.
stuff that I heard that 30 years lease best to rent if u married a thai thats different freehold the best one bedroom apart thats Sydney not melbourne u paying $83 a week rent I stick with that plus u own the house not the land in the philippines opposite rules and much better then thailand rules
Anyone else shocked by the price of the solar system? $280K for a villa AND solar panels seems like a steal! But is the lease system really worth it in the long run? 🤔
Nice places just too much upkeep, especially as you get older. Easier to just get a condo as well rather than jumping through all the legal hoops and still not actually owning your property
Ok I'm curious if you guys want to buy this house then you would have to have a Thai business? So then how are you going to do that ?? A business is going to be your next adventure asking for a friend 😁✌️ btw my granddaughter name Is Lilah too 🩷🩷🩷
@@PaulRLightVery stupid idea as the lease is only legal for 30 years. The house will lose 1/30 of its value every year. Unless of course you have a way of moving it after 30 years.
@@PaulRLightYes, you do. Not only a business but a Thai company with a lot of hurdles to go through every year. Not to mention that your Thai shareholders can always be found to be nominees and illegal.
We're becoming regulars to Hua Hin and thought we would check out Holafly. Not a good deal,$100 Aus and no calls ,only data. Not really competative when comparing to airport booth sellers. I might be wrong but,a no go here.
I’ve come to realize this just screws up prices for every local Besides the ones who con out the man of their house purchase. . 300k is the equivalent of 30 million to a US citizen. Sure it might rise all the boats and give people “paper wealth”. But at the end of the day it just screws the locals at the end of the day with inequality rampant.
Yes and no. Building requires materials to be made and labour. Tourists with money buy lots of things for their house and spend in the local economy, therefore making businesses richer. If you are just a poor farmer, then I can see how this would not help you to buy land locally in the future .. though, if you had land you could make a nice profit selling to developers!
Insane to buy anything under those conditions unless you like unnecessary problems. Rent, you will always be just a guest there with all the strings attached!
I recently heard from a patient who lives in Hua Hun that because of the war and sanctions, a lot of Russian investors and expats have moved into the area, do you think this is the case and are these developments Russian owned? Apparently the situation in Phuket is awful and a lot of Thai people are having to move away because they can’t afford to be there anymore
I've just built a small house waaaay up North. I leased 750 square meters for 30 years @ 1,666 per month. My house is 140 square meters and includes a pool 8m X 3m. Total build was around 4.2 million. But, it's not near the beach. I've been watching you for a while. I lived in Playa for 3 years 2006-2009.
@ I thought about that a lot. Hopefully, I'm still around when the lease ends. I'll be 87 years old. If me and my girlfriend are still together after 30 years it's unlikely that she's going to kick me out. I've never lived my life "safe". Always done whatever I think will be good for me. So far I've lived in 4 countries. Hopefully, this is the last one. 😀😀😀😀
How is violence in Thailand? I read about 2 recent kidnappings of Chinese youth and that locals call them walking renmibi! Furniture is a liability for most buyers. A water tank for rain collection? Despite the gas, I would add an induction hob, given the solar. I think the roof can cope with 20kWp for better cloud & 'winter' performance. I love south Asian architecture and furniture. Why are these houses look so soul-less?
all forigners own that land wow because its got everything solar a big thing Laos a swimming pool great outlay and subdivision so the owner a forigner investor make money the first one has all solar but no water fountain and outside shower I like the first one as water fountain u always can do but then go by the money to pay maybe should take Mandy with u looks like u sweat a lot hehe as they say dont buy a property for forigners but honesty dont listen go with u gut as that price u never pay in australia that luxury
Drive half an hour south down the coast and it gets even cheaper. An extension of a buildings(house) lease to 90 years should be made when you purchase and pay for each 30year part. Buying the building lease is best done with a foreign company so avoiding lease annulment with death. Get a good lawyer....
The guy who made this video clearly does not know the most basic facts about real estate. You're buying a structure that degrades over time. You aren't getting land ownership which is where the real value is. If you don't own the land you own a depreciating asset.
The whole thing is shady af .. setting up companies, developer offering to organize leases (mentioned at the beginning) or whatever - you wouldn’t do anything without taking impartial legal advice. The house is horrid, it’s standard Thai design, you can tell by the size of the windows stuck in the middle of the walls - if you build a well designed Thai house you don’t need to run aircon 24-7, in fact hardly at all. If you had 300k to waste you could just get a contractor to build you something bigger for 150K USS?
OMG your weird af and it's not shady bruh come on this place he just showed us NOT A SHADY investment and btw it's a nice house like what are you talking about 🙄
Look at several places so you won't regret it later. 10 million is quite a lot. There might be something better. Wouldn't 2 floors be better? Thailand should also look at the natural disasters caused by water.
I have a Thai daughter born in Thailand with a Thai ID card and a Thai birth certificate. Brilliant, I thought, I can just buy freehold land in her name. But then I met a Thai lady who lost her property because she took up Singaporean citizenship. I told her about my plans and she just said 'forget it'. My daughter also has a British amd Australian passport. She would have to renounce both those citizenships in order to buy freehold land legitimately in Thailand. Oh well. Maybe a condo in her name might be ok. At least ahe can't be deported! I can.
📱Want a Sim card that works anywhere in the world? Click here: holafly.sjv.io/DyWzDn
Can you please stop filming yourself and just show the property? Cheers
Surely you can buy a house in Thailand or is it a contract to live for 90 years.!!
Beautiful properties .The bottom line is if you’re not a Thai citizen then buying a house with land freehold in your name is going to be risky long term with some exposure and you will never truly own it. As you stated in the video if you form a Thai partnership company setup then it shouldn’t just be a nominee arrangement it has to be genuine which would be hard to argue if the Thai partners have numerous partnerships with multiple people. ( there have been deals overturned by authorities) and being a company there’s ongoing costs and obligations .If you have a Thai wife then obviously it goes in her name but if something unfortunate happens to her then it doesn’t revert to you it will pass to family members who you would have to deal with. The land lease option is there but 30 years is the legal maximum I believe after that it’s not legally binding .Even then perhaps you as a foreigner may wish to leave your assets to overseas children etc which wouldn’t be probable.
So renting in Thailand at this stage is more practical with minimal risks for many foreigners or the condominium ownership option is also available The system in Thailand is designed to be favourable to Thai citizens when it comes to land ownership it’s not a level playing field by any means. Having said all that I’ve had an association with Thailand for 38 years and a Thai wife for 30 of them. .
Do not. I repeat. Do not buy property in Thailand as a foreigner unless you are buying it with a local, whom you completely trust (example, your Thai spouse). Plenty of comments on this video to say it’s extremely risky. Only rent! (from an Australian who lived in Thailand for 4 years).
I have no interest, but I’m curious to know why?
sooooo true
@@Wha24-t6j Maybe watch the video till the end donut, the guy literally explains why.
@@NekoEspadawhy don’t you mind your own business because I wasn’t even asking you. Plus it wasn’t even about the video donut 😂
What if you lease the land on contract for 30 years and renew and have inheritance clauses.
Thanks for the great video and insight into purchasing options. I was super keen to sell up and buy BUT after you explained the in's and out's I think I'll stick around here 😄. I think I got on the property market here on the south coast of WA at the right time. But the secrets out now and the prices have gone nuts over here. My youngest son is 23yrs old and found a beach shack just a few mins walk from the beach for 400K last year. We all just want to find our place to call home. If I was young again and starting out, I'd find a slice of land somewhere close to a beach and build a tiny home on it to start with.
Great informative video - couple points to add as researched heavily into buying property and retail business in Thailand and chose not to proceed on either. Buying a property in a company structure using nominees is illegal, many do it this way but look up news articles of using nominees and criminal charges laid. Property also cannot be sole purpose of company and they can review tax returns on revenue. You are able to use Thai Partner but you have limited legal rights. I cannot tell you how many guys I have met already who have lost their retirement via buying house in spouse name. I am no lawyer so advise anyone going down this path to seek advice from multiple lawyers and be warned not all lawyers in Thailand are actual lawyers.
I wish we had these same land ownership laws in Australia. It needs to happen, NOW.
Fantastic properties… I agree that the second one has a spectacular garden and pool, and the home felt much more manageable… For those prices it’s definitely worth looking into… I’m just amazed at how well the construction is, looks so solid… Thanks for sharing..
🙏🙏🙏
When doing house tours, it would be great if you turned the camera around so we could see the property, knowing we can still hear you talking.
lmao shots fired
For 300 k $ you can buy the same estate in Spain in EU and ful rights as a owner .In Egipt out of EU but you are full owner and you can buy two villas in resort .
Spain is not Filipina in the case of weather but on the Islands u have minimumn 24⁰C in the winter as well .
It's best to look at the price to own verses rent. I believe that we are in a real estate bubble right now and that it would be best to hold off on a purchase. I also believe that it's best to put all of your money in physical silver till the real estate and stock market crashes. Once that happens and the private FED ends, precious metals will skyrocket in price and the gold to silver ratio will revert to a 7 to 1 ratio that makes silver by far the better metal to be invested in.
Love these videos do more. Nice to see the TH-cam videos paying well!
Cheers! Glad you enjoyed it. 🙏
thank you for breaking it down….I can't recommend Shellane Maxwell enough! With her expert guidance, I successfully flipped my first property and made a profit of $180,000. She provided invaluable insights on market trends and investment strategies that truly made a difference. Thanks to her, I feel confident in my real estate investments and excited about my financial future!
She mostly interacts on Telegrams, using her name
@shellanemaxwell she’s verified
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
Shellane Maxwell has really set the standard for others to follow, we love her here in United States 🇺🇸 as she has been really helpful and changed lots of life's
I used to think I was the only one benefiting from her guidance in navigating the volatility of trading
Foreigners can purchase movable property 100%, but they cannot directly purchase immovable property 100%. You can only acquire it by taking advantage of legal loopholes. At present, there is no issue with purchasing through a representative company. You can hire a company with a Thai representative to buy the property on your behalf as a foreigner.
However, in the future, we cannot predict whether the Thai authorities will tighten the enforcement of these laws. Technically, using a nominee company to purchase property on behalf of a foreigner is illegal. The reason the authorities turn a blind eye for now is that these practices have not yet caused significant problems for the country.
A few months ago, an elderly French woman with no relatives passed away, leaving behind her estate. In her will, she stated her desire to leave her house and land, valued at hundreds of millions of baht, to her Thai maid. This became major news. However, a few weeks ago, it was reported that the maid has no rights to the property because the house was purchased through a nominee company.
Fun Fact: You can buy it but you are not own it. You will not have the document in your name. It will be developer name because only Thai citizen can own land so choose developer wisely.
Hot tip, thanks!
well you can rent for 100 years
I know many who do, chose a good lawyer and its not hard, man foreigners buy homes in Thailand
@@tanasurnt.7712don’t have that law in Thailand.
@@tanasurnt.7712now only 30 years is recognized by Thai law
Thanks for watching guys, If you're interested in checking out either of these properties for yourself, you can contact Thomas directly: g-immobilien.com/en
Thats' the same value of my house in Sweden. It's new but its a very big driffernce in space. Your house in Thailand is so much bigger.
Basically thats a leasehold purchase or a buy into a lease ownership of the property. Can be a bad idea because if you sell .You often must renovate the property and give half to the lease holder
The first one i loved, my god there amazing for the price.
I know! They are great value for money.
great information
Thanks
Thanks for watching!
Thanks for this GREAT video, very informative!
🙏🙏🙏
Don't buy, only rent. Even condos. Most condos have only 30% to 49% occupancy by foreigners. Because of that the funds for upkeep are too low and condos aren't well maintained, hence they age and break down faster. If you are owner the cost of renovation and repair of common areas is up to you, on top of the costs you already have. Just rent and move to a new condo every 5 to 10 years. They keep building new condos so reselling will probably be at a loss if the market doesn't totally collapses, wich has happened before. A lot of big developers went under, leaving you in limbo as an owner. Be warned!
Great and informative video, thanks. I also liked the 2nd house better. For me it sounds better to just rent. That way you're not tied down to a spot and don't have to jump through all those hoops.
I am so for this content. Take us to every unit and stop at a new cafe to show us.
I'm 53 and are allowed to be bossy, we just bought in Darwin NT. 466k for a renovated elevated 3brm troppo in Moulden.
Out of my price range. Expensive. Same as Australia. The cheapest was $403171 AUD without furniture. oh well thanks for clearing that up. They were gorgeous though
When someone says “you can buy property in Thailand but there are risks” .....run for the bloody hills!
640k aud for that 1st house 😮
Beautiful home and fully furnished. That's insane.
Is it close to any beaches?
I almost died when u said u pay around 300 aud per month for electricity 😮
In Sydney, I pay nothing for electricity all year because of the government subsidies
You're paying around $3600 Aud per year 😮
I could buy 3 of those houses for the price of my Sydney home and still have 100 or 200k spare change. That's insane.
But there's no way you can compete with Sydney lifestyle. Beautiful beaches, excellent health services.
Thailand doesn't appeal to me at all. There are too many risky negatives. Hot humid climate all year and very wet periods from May - Nov. Corruption and crime. That's why they build high fences around the entire property.
But I would consider buying 1 as a holiday destination to visit once a year for 2 months during Dec and Jan. Rent it out on airbnb for the remainder of the year.
The houses are really nice
🙏🙏🙏
Hi Llloyd and Mandy. Thanks for a great video! :-)
My wife and I watched it together! The first house was great. The second one, garden sublime! Amazing what you can get for your money compared to Australian prices :-)
Keep up the great work!
No gutters on the 1st house? Where does the water go when it rains?
We bought a nice 2BR house in HH on 360sqm leasehold land for A$130k.
Rent of 25k a year it's paid off in 11yrs so get another 19yrs for free 😅
You got ripped off. The same house will rent for 15,000 baht.
@@userdhss-hsjs same house rents for 20-25k at pine villages. We've been offered 25k a month for ours 😊
I'm planning on getting a nice sailboat to travel the globe. I own two lots. One has a home that I'm building with my own hands and no hired labor debt free and the other is just a raw peace of land next to it. I'm planning on finishing the house to sell it which will fund the building of the other that I will keep for myself. It will be a nice size shop with an attached apartment where I will keep my things why I'm off sailing around the world. The sale of my home will also fund the sailboat and the lifestyle. I think that I might take the money from the sale of the home and purchase an apartment building and get a small trailer to live in on my other lot before I start building the second place just so I don't have to worry about money ever again rather than depleting it. One needs some type of income to survive. We'll see what happens but regardless, I want to sail around the globe and have the adventure of a lifetime but still have a place to go back to every now and then.
Rob, wishing you all the best with your journey.
@@BigHatNoCattles Thank you!
#2 house is definitely my favorite because of the upgrades and the landscape and master closet sold me as well.
We will be slow traveling next year and we will be visiting Asian regions and Thailand is on the list to visit but we already know it would not be the country we call hone because of the new tax laws they put in place for foreigners and all the loop holes with their laws.
Great video!!
Thanks for explaining all the economics/taxes/laws, farangs have to think about :)
Glad it was helpful!
Be careful, the price does not include the land. Plus land, the same price as a home in a good area of Texas. I just purchased a home at $310,000 in Texas.
How far from the sea how much insurance for the tonado issue?
But homes in the US are made from wood and cardboard.
Le vrai prix est moindre
You didn't mention buying properly via a BVI company, which many do. When you sell the property you just transfer shares in BVI co to new buyer.
That's a regular size tv. How small are they where you come from?
I like the first home more 👍,but I thought it would be cheaper .
Or you buy Dent e sim who is the best !
Thai people are very clever.
Not like stralia where everything is for sale to China and India.
Lovely house..
Thanks!
Why wouldn't you just do option 5. Set up a foreign company, buy a house, call it a bed & breakfast hotel and lease it to yourself through the business, would that work?
They were talking about changing the 49% to full ownership for people who invest more than 40 mil baht.
12mill Baht equates to A$561,453.53
So just a bit pricey.
15 years ago a 2bed villa in Samui was U$120000
House 1 - No guttering on a house in a country that has a monsoon season?
What are the development names?
Stick to condos and freehold which is in your name if you buy in Thailand. In a house the house is a freehold and the land is a leasehold
Sunscreen
Suggest not to buy a house or villa without having it checked by building engineer. Ground sinking is a huge issue in thailand. Water pipe, internet lines, electricity lines gets cut of after some years in worst case. Wall starts cracking. Be aware that once all the houses in the projects are sold, the developers are running away, and they are cranking up the common fees as highs as 20-30%. Then some shady mainteance company takes over, some are good but some are for surely bad. Watch your neighbours, worst thing is to have screaming kids every weekend. Soma are renting out these on weekend bases. suggest to get a house or villa on a seperate land if all possible. Don't expec the property to rise in value it doesn't don't invest too much into once bought. Use it to it's fullest and enjoy it to get the most of it.
For that price, you could purchase raw land and hire someone to build it for you for much cheaper. You could be the GC and hire the labor which will save you even more. I'd rather purchase something in Tonga on the water out in the country away from it all for a fraction of the price.
13.4M THB is closer to $400k USD, or was that price a different house?
Can Americans own homes in Thailand?
Cookie cutter Cement block homes with IKEA furniture, very small closets and storage spaces.
Be careful as most of them are 100 mm external block walls. Basically a pretty garage with doors and windows and they cost nothing to build
Very Cool. Both were incredible ! As we talked about I am just looking to rent and saw one in the first development for rent at $2333 a month, I want the flexibility to move if my investments have a good year or want to be closer or further to town center as time goes by. Great Video ! A+ Hope you and the Fam are well :)
Foreigners can not buy landed property according to current law- only free hold apartment or condo. Although that may change in the future under this government policy.
No, it won't change. I've been hearing that story for the past 20 years in Thailand and nothing has changed. It's a part of making false hopes so maybe someone will buy something and lose money.
stuff that I heard that 30 years lease best to rent if u married a thai thats different freehold the best one bedroom apart thats Sydney not melbourne u paying $83 a week rent I stick with that plus u own the house not the land in the philippines opposite rules and much better then thailand rules
Anyone else shocked by the price of the solar system? $280K for a villa AND solar panels seems like a steal! But is the lease system really worth it in the long run? 🤔
Like that car.😊
id buy that
200000 max!!!!
You don't show what you can do walking outside the property...Shopping mall..local street.market to buy food... location from the city...
Wowwwww
Nice places just too much upkeep, especially as you get older. Easier to just get a condo as well rather than jumping through all the legal hoops and still not actually owning your property
You can buy any house if you find an owner who agrees to rent the land for you for at least 30 years.
The guy likes TV’s
สวัสดีครับพี่ชาย🎉
Yeah but how do you finance that as a foreigner? Unless you have 400k lying around.
Ok I'm curious if you guys want to buy this house then you would have to have a Thai business? So then how are you going to do that ?? A business is going to be your next adventure asking for a friend 😁✌️
btw my granddaughter name
Is Lilah too 🩷🩷🩷
You don't have to have a Thai business to buy a house
@@PaulRLight you do, otherwise you will have to lease the land. And a lease is 30 years max.
@@IknowRight1982Incorrect. You can own a house that sits on leased land.
@@PaulRLightVery stupid idea as the lease is only legal for 30 years. The house will lose 1/30 of its value every year. Unless of course you have a way of moving it after 30 years.
@@PaulRLightYes, you do. Not only a business but a Thai company with a lot of hurdles to go through every year. Not to mention that your Thai shareholders can always be found to be nominees and illegal.
I want to buy the same window tint as the Villa the blue colour
U would finish tour to get full informasjon first then u do ur walk with camera and it dont look rude :)
The return you can make on that 300k could pretty much pay for renting this and you get to keep the 300k.
what do you mean? like investing the 300k in stocks and use the dividends to rent this sh1tbox?
@@SnapppzA bit rude you are!
@@SuiGenerisAbbie keep quiet
The homes rent for about $2000/month so you’d have to make 8% returns plus cover the taxes.
Why buy a house in Thailand when your name is not on the title deed which means you do not own the property
We're becoming regulars to Hua Hin and thought we would check out Holafly. Not a good deal,$100 Aus and no calls ,only data. Not really competative when comparing to airport booth sellers. I might be wrong but,a no go here.
Wha Hin ?
Opening a company for the sole purpose of buying a property is not legal.
I’ve come to realize this just screws up prices for every local
Besides the ones who con out the man of their house purchase. .
300k is the equivalent of 30 million to a US citizen. Sure it might rise all the boats and give people “paper wealth”. But at the end of the day it just screws the locals at the end of the day with inequality rampant.
Yes and no. Building requires materials to be made and labour. Tourists with money buy lots of things for their house and spend in the local economy, therefore making businesses richer. If you are just a poor farmer, then I can see how this would not help you to buy land locally in the future .. though, if you had land you could make a nice profit selling to developers!
Insane to buy anything under those conditions unless you like unnecessary problems. Rent, you will always be just a guest there with all the strings attached!
I recently heard from a patient who lives in Hua Hun that because of the war and sanctions, a lot of Russian investors and expats have moved into the area, do you think this is the case and are these developments Russian owned? Apparently the situation in Phuket is awful and a lot of Thai people are having to move away because they can’t afford to be there anymore
Phuket is full of Russians now .. i went to a fruit market and there wasn't a single sign in Thai or English, just Russian.
I've just built a small house waaaay up North.
I leased 750 square meters for 30 years @ 1,666 per month.
My house is 140 square meters and includes a pool 8m X 3m.
Total build was around 4.2 million.
But, it's not near the beach.
I've been watching you for a while. I lived in Playa for 3 years 2006-2009.
@ I thought about that a lot.
Hopefully, I'm still around when the lease ends. I'll be 87 years old.
If me and my girlfriend are still together after 30 years it's unlikely that she's going to kick me out.
I've never lived my life "safe". Always done whatever I think will be good for me. So far I've lived in 4 countries. Hopefully, this is the last one. 😀😀😀😀
@DiogenesTheFrogI don't have any children.
Never ever buy. I know what I’m talking about.
Explain what you are talking about. That is, those tens of thousands of people who bought villas, they made a rash act?
@@ЕвлампийДериглазов it's ILLEGAL for a foreigner to own LAND in Thailand. Yes, they made rash act. Do your research.
It's nice, but you end up just being just another Brick in the Wall..
Beautiful property❤
Look up JJ through Thai girl gift and forinor Joe
a 16kW CANT run the whole house ???? i dont believe it
How is violence in Thailand? I read about 2 recent kidnappings of Chinese youth and that locals call them walking renmibi!
Furniture is a liability for most buyers. A water tank for rain collection? Despite the gas, I would add an induction hob, given the solar. I think the roof can cope with 20kWp for better cloud & 'winter' performance. I love south Asian architecture and furniture. Why are these houses look so soul-less?
Ya you cant own that though. They can take it from you at anytime unless your buying it for a Thai national.
all forigners own that land wow because its got everything solar a big thing Laos a swimming pool great outlay and subdivision so the owner a forigner investor make money the first one has all solar but no water fountain and outside shower I like the first one as water fountain u always can do but then go by the money to pay maybe should take Mandy with u looks like u sweat a lot hehe as they say dont buy a property for forigners but honesty dont listen go with u gut as that price u never pay in australia that luxury
That’s 660k Australian or something… that seems expensive for Thailand
Drive half an hour south down the coast and it gets even cheaper. An extension of a buildings(house)
lease to 90 years should be made when you purchase and pay for each 30year part. Buying the building
lease is best done with a foreign company so avoiding lease annulment with death. Get a good lawyer....
Pranburi near Huahin is up and up-and-coming area and cheaper.
The guy who made this video clearly does not know the most basic facts about real estate. You're buying a structure that degrades over time. You aren't getting land ownership which is where the real value is. If you don't own the land you own a depreciating asset.
It's a really nice house.
Sweet!
สวัสดีค่ะ🙏🇹🇭
Odd video. Great tour and price and then a long description of how it is illegal for a foreigner to buy it.
The whole thing is shady af .. setting up companies, developer offering to organize leases (mentioned at the beginning) or whatever - you wouldn’t do anything without taking impartial legal advice. The house is horrid, it’s standard Thai design, you can tell by the size of the windows stuck in the middle of the walls - if you build a well designed Thai house you don’t need to run aircon 24-7, in fact hardly at all. If you had 300k to waste you could just get a contractor to build you something bigger for 150K USS?
OMG your weird af and it's not shady bruh come on this place he just showed us NOT A SHADY investment and btw it's a nice house like what are you talking about 🙄
@ haha .. he just told you all the pitfalls at the end, it’s a minefielld. Crack on and buy it for yourself, 10M for that? You seriously know nothing.
Thanks
Look at several places so you won't regret it later. 10 million is quite a lot. There might be something better. Wouldn't 2 floors be better? Thailand should also look at the natural disasters caused by water.
To be honest it seems to be very expensive for Thailand.
Hua Hin is expensive
Pattaya area would be 6-8mill for that with loads more amenities golf courses restaurants shopping centres & 2hrs to bkk etc etc
Yeah last year in Pattaya I rented a high rise modern apartment fully furnished for only $390/month.
I have a Thai daughter born in Thailand with a Thai ID card and a Thai birth certificate. Brilliant, I thought, I can just buy freehold land in her name.
But then I met a Thai lady who lost her property because she took up Singaporean citizenship. I told her about my plans and she just said 'forget it'. My daughter also has a British amd Australian passport. She would have to renounce both those citizenships in order to buy freehold land legitimately in Thailand. Oh well. Maybe a condo in her name might be ok. At least ahe can't be deported! I can.
Your daughter doesn't have to give up the other passports as long as she retains her Thai citizenship, she can still own the land in Thailand legally
Waiting for my bitcoin to go up and escape England 🏴
Colonise Thailand