Buying property
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Buying property
Hi Expats,
i,m British coming to Hua Hin at the end of April to look at property to buy for when I retire in the near future. Is there anyone I can talk to when I get there for some good advice on do's and don'ts and even work i'm 61. I've been to Thialand a couple of times so i'm not exactly new to the place.
Richard
i,m British coming to Hua Hin at the end of April to look at property to buy for when I retire in the near future. Is there anyone I can talk to when I get there for some good advice on do's and don'ts and even work i'm 61. I've been to Thialand a couple of times so i'm not exactly new to the place.
Richard
- sandman67
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Hi Richard
echoing Jockeys advice Id recommend coming here and sussing the place first.....
Also bear in mind that the US and (to a lesser degree) UK housing markets seem to be taking a dip. Maybe wait a while and see what happens to prices in HH as a result....its a great place but a lot of the "developments" are ill thought out and hastily thrown up.
personally id look further out ... up near the hills or out to Kao Takiab, even Cha Am....all of em a short drive away and less ticky tacky same same on top of each other construction.
Good luck bro
echoing Jockeys advice Id recommend coming here and sussing the place first.....
Also bear in mind that the US and (to a lesser degree) UK housing markets seem to be taking a dip. Maybe wait a while and see what happens to prices in HH as a result....its a great place but a lot of the "developments" are ill thought out and hastily thrown up.
personally id look further out ... up near the hills or out to Kao Takiab, even Cha Am....all of em a short drive away and less ticky tacky same same on top of each other construction.
Good luck bro

"Science flew men to the moon. Religion flew men into buildings."
"To sin by silence makes cowards of men."
"To sin by silence makes cowards of men."
Just something to think about ..
Don't let the RE agents con you into believing that you can legally purchase *land* in your own name .. by creating a Thai company with nominees. It is illegal and always has been. If this law is ever enforced on a large scale, property values will plummet, IMO .. probably even below current "Thai prices".
However, a Thai wife offers a you that opportunity, but with different "options".
Don't let the RE agents con you into believing that you can legally purchase *land* in your own name .. by creating a Thai company with nominees. It is illegal and always has been. If this law is ever enforced on a large scale, property values will plummet, IMO .. probably even below current "Thai prices".
However, a Thai wife offers a you that opportunity, but with different "options".

[quote="STEVE G"]Certainly be very careful about what you believe; last month I picked up a small free monthly guide to Hua Hin (I forget the name of it) and the section on buying property was wildly misleading.
It started by saying something like “if you want property here, don’t hesitate it’s very easyâ€
It started by saying something like “if you want property here, don’t hesitate it’s very easyâ€
Klikster wrote
'Also, the credibility given to anonymous posts in public forums is a bit crazy'
I agree totally .Nor should anyone waste their time listening to,Usually well addled, ill informed ,barstool prophets of doom .
Embittered skint members who wish they had invested years ago and now cant afford it can be almost as bad .Some of the s***e I hear people telling others drives me mad sometimes . Not just property but everything and anything about Thailand .Yesterday I was told that I cannot have a bank account in Thailand ! "No,way,not possible,maybe a sterling account linked to the Uk and then no atm card,not possible,nobody can get one,never will be able to " This person claims to have lived here over a year ! When I showed them my bank cards (obtained by walking into the bank with 1000 baht and my passport,international atm card on the spot ) they looked at me like the devil was trying to trick them .Who on earth have they been listening to ?
I could have taken a 30 year lease on a beach in Southern Thailand for 120k a rai 10 years ago .The same land is now going for 5-8m a rai and moving quickly .I just do not moan about it all the time .
Richard,you have had some good advice from Jockey and Sandman .Do your research first ,get a feel for the place as a permanent home (not a difficult decision !) and then make an informed judgement as to what is right for you .This,and many other sites,contain information pertaining to the procedures and regulations involved in property purchases in Thailand .
Happy hunting and welcome (soon) to Hua Hin
'Also, the credibility given to anonymous posts in public forums is a bit crazy'
I agree totally .Nor should anyone waste their time listening to,Usually well addled, ill informed ,barstool prophets of doom .
Embittered skint members who wish they had invested years ago and now cant afford it can be almost as bad .Some of the s***e I hear people telling others drives me mad sometimes . Not just property but everything and anything about Thailand .Yesterday I was told that I cannot have a bank account in Thailand ! "No,way,not possible,maybe a sterling account linked to the Uk and then no atm card,not possible,nobody can get one,never will be able to " This person claims to have lived here over a year ! When I showed them my bank cards (obtained by walking into the bank with 1000 baht and my passport,international atm card on the spot ) they looked at me like the devil was trying to trick them .Who on earth have they been listening to ?
I could have taken a 30 year lease on a beach in Southern Thailand for 120k a rai 10 years ago .The same land is now going for 5-8m a rai and moving quickly .I just do not moan about it all the time .
Richard,you have had some good advice from Jockey and Sandman .Do your research first ,get a feel for the place as a permanent home (not a difficult decision !) and then make an informed judgement as to what is right for you .This,and many other sites,contain information pertaining to the procedures and regulations involved in property purchases in Thailand .
Happy hunting and welcome (soon) to Hua Hin
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Personal, not mod view
Am I missing something? All of the posts so far seem to contain a lot of common sense & good advice.
So, who, klikster & crazy 88, are you on about? Which members in this thread have claimed to be experts &/or given bad advice?
I would have thought those mini-rants would have been much better off in a thread that justified them, rather than one where all the advice has been solid.
Am I missing something? All of the posts so far seem to contain a lot of common sense & good advice.
So, who, klikster & crazy 88, are you on about? Which members in this thread have claimed to be experts &/or given bad advice?
I would have thought those mini-rants would have been much better off in a thread that justified them, rather than one where all the advice has been solid.
"The question is not, can they reason? Nor, can they talk? But, can they suffer?" - Jeremy Bentham, philosopher, 1748-1832
Make a dog's life better, today!
Make a dog's life better, today!
SteveG Wrote
"What amazes me is the amount of time a potential buyer WON'T spend in researching a Bt 5,000,000 property purchase, but will search, read & compare ad nauseaum when contemplating a new PC or LCDTV for Bt 50,000 or less."
Sorry not to mention you in my first post Steve .Your comments are as pertinent as any of the the others especially this one .

"What amazes me is the amount of time a potential buyer WON'T spend in researching a Bt 5,000,000 property purchase, but will search, read & compare ad nauseaum when contemplating a new PC or LCDTV for Bt 50,000 or less."
Sorry not to mention you in my first post Steve .Your comments are as pertinent as any of the the others especially this one .

Dawn
As I pointed out in my post good advice has been given on this thread, and site in general,regarding this subject . Also on a multitude of others over the years . That is one reason why IMO many people follow it on a regular basis even if they do not contribute .
My use of the term "skint members"which I should have put in "" the first time I admit. does not refer to any "member" of this forum .Nor does it refer directly to financial status but rather to the inability to recognise the quality,richness and variety of lifestyle available here .
crazy88 javascript:emoticon(':cheers:')

As I pointed out in my post good advice has been given on this thread, and site in general,regarding this subject . Also on a multitude of others over the years . That is one reason why IMO many people follow it on a regular basis even if they do not contribute .
My use of the term "skint members"which I should have put in "" the first time I admit. does not refer to any "member" of this forum .Nor does it refer directly to financial status but rather to the inability to recognise the quality,richness and variety of lifestyle available here .
crazy88 javascript:emoticon(':cheers:')

Not necessarily in this thread, but on this forum ..DawnHHDRC wrote:Personal, not mod view
Am I missing something? All of the posts so far seem to contain a lot of common sense & good advice.
So, who, klikster & crazy 88, are you on about? Which members in this thread have claimed to be experts &/or given bad advice?
I am pretty sure that you can have multiple 30 year leases running consecutively. Longer leases by stealth!
Amazing when it comes to property dealings - everybody's an expert ! If the current law prohibits buying a freehold, then why not get the owner to grant you a 10/20/50 or even 125 year lease,
Companies are totally legal, operating under the same rules as any number of Thai companies. Just keep the books, show turnover and pay a bit of tax.
This entire thread is a series of attacks against someone giving good adviceI think the Thai authorities have 'set up' this system for which foreigners can buy land/property and generally invest in the country, on the basis that they control it, and at any time when they feel the level of investment is sufficient, they can tighten/plug the loop holes.
http://www.huahinafterdark.com/forum/re ... light=land
'Nuff said?
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klikster,
I think it is relevant to state, for anyone who has looked at that thread you quote, is that it came at a time when the board had been inundated with property related threads, and many of those had turned into slanging matches between two factions, which i will categorise loosely as those with property and related interests here, and those without by choice or lack of funds/opportunity. I agree that that thread had certain misinformation on it, and the OP was completely accurate in his information. Although this forum is a good and valuable source of information you will get some wrong stuff sometimes. One of the problems/beauties in Thailand though is that there is always 'another way' around a problem, often involving lining a relevant Thai persons pocket, which will lead to a muddying of the waters in many of these types of discussion. I think the expression 'turning a blind eye' must have been written with Thailand in mind! The consequence of this though is that there is often someone who appears to have achieved something that shouldn't be possible by the letter of the law, which will make others think they can do the same without knowing the full story. The advice on this thread is spot on - come here, rent for a while and make your own efforts to find out about the lie of the land, in both a literal and metaphorical sense (there are certainly areas of Hua Hin which in my opinion are not a good place to buy for example!). I do believe if you read everything on this forum you will get a generally balanced idea of the pros and cons of almost any aspect of living here though.
I think it is relevant to state, for anyone who has looked at that thread you quote, is that it came at a time when the board had been inundated with property related threads, and many of those had turned into slanging matches between two factions, which i will categorise loosely as those with property and related interests here, and those without by choice or lack of funds/opportunity. I agree that that thread had certain misinformation on it, and the OP was completely accurate in his information. Although this forum is a good and valuable source of information you will get some wrong stuff sometimes. One of the problems/beauties in Thailand though is that there is always 'another way' around a problem, often involving lining a relevant Thai persons pocket, which will lead to a muddying of the waters in many of these types of discussion. I think the expression 'turning a blind eye' must have been written with Thailand in mind! The consequence of this though is that there is often someone who appears to have achieved something that shouldn't be possible by the letter of the law, which will make others think they can do the same without knowing the full story. The advice on this thread is spot on - come here, rent for a while and make your own efforts to find out about the lie of the land, in both a literal and metaphorical sense (there are certainly areas of Hua Hin which in my opinion are not a good place to buy for example!). I do believe if you read everything on this forum you will get a generally balanced idea of the pros and cons of almost any aspect of living here though.
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klikster wrote:This entire thread is a series of attacks against someone giving good advice
http://www.huahinafterdark.com/forum/re ... light=land
'Nuff said?
I don't deny that other threads may involve a lot of arguing & misinformation, but you didn't mention other threads, in your post. Funnily, enough I did:
DawnHHDRC wrote: I would have thought those mini-rants would have been much better off in a thread that justified them, rather than one where all the advice has been solid.
"The question is not, can they reason? Nor, can they talk? But, can they suffer?" - Jeremy Bentham, philosopher, 1748-1832
Make a dog's life better, today!
Make a dog's life better, today!