If there are vacant rooms for this price, you should think about why no Thai people would buy it?!?! ⚡️ I'm pretty sure no foreigner could live their any longer than 1-2 month.
Thai's do buy here, that is for sure. the buildings are mainly owned by Thai buyers and as for the rental by foreigners there are plenty living here on the long term as if they are on a tight budget what other options do they have around 5,000 Baht a month.
Actually doesn't look too bad when renovated. I remember checking out similar condos near there maybe 5 years back and the condos were looking quite "interesting" to say the least lol!
Please explain how staying a "couple of months a year" at that tiny dump equates to a "bargain" if you waste $18,000 on it. You'd be saving $250-$300 every year if you bought it but you'd be losing $800/year off of bank interest on the $18,000 you wasted on that unit. And if you invested that $18,000 in an index fund you'd be getting much higher rates of return. You obviously aren't good at finance or math. Just a completely ignorant comment you made.
Purely a business desicion, we need to take care of the property for 5% of the rental, the numbers simply do not add up for the amount of work required to look after a property.
The building ran out of money many years ago, basically at the time of building the current building management is doing a great job with the limited resources they have. The pool is not part of the condo - it was repossessed by the banks 30 plus years ago.
If there are vacant rooms for this price, you should think about why no Thai people would buy it?!?! ⚡️ I'm pretty sure no foreigner could live their any longer than 1-2 month.
Thai's do buy here, that is for sure. the buildings are mainly owned by Thai buyers and as for the rental by foreigners there are plenty living here on the long term as if they are on a tight budget what other options do they have around 5,000 Baht a month.
You're 100% correct.
thanks
Actually doesn't look too bad when renovated. I remember checking out similar condos near there maybe 5 years back and the condos were looking quite "interesting" to say the least lol!
I personally love the building for its returns and ease of renting.
Don't pee in the pool at PP condominium. LOL.
LOL! Good advice!
@@perfecthomeschiangmai But do you have links to agencies that do manage the renting of the condo?
@@TheGandorX Not for PP condo, the building will help somewhat but do not offer professional management services.
Excellent bargain!!
I agree! the ROI is great!
What an interesting place. As a crash pad, for $18K, you'd only need to live there for a couple of months a year and it would be a bargain.
As you say a great value crash pad for the weekends in town.
Please explain how staying a "couple of months a year" at that tiny dump equates to a "bargain" if you waste $18,000 on it. You'd be saving $250-$300 every year if you bought it but you'd be losing $800/year off of bank interest on the $18,000 you wasted on that unit. And if you invested that $18,000 in an index fund you'd be getting much higher rates of return. You obviously aren't good at finance or math. Just a completely ignorant comment you made.
Everyones views are different are they not?
Why won't you guys property manage a property like this?
Purely a business desicion, we need to take care of the property for 5% of the rental, the numbers simply do not add up for the amount of work required to look after a property.
nope
Thanks for your thoughts and comments
Bars on ur patio must be a bad neighborhood 😂
Not really! Believe it or not.
Badly managed if they let it get in that state
The building ran out of money many years ago, basically at the time of building the current building management is doing a great job with the limited resources they have. The pool is not part of the condo - it was repossessed by the banks 30 plus years ago.