Buying property

Ask here about the pleasures and pitfalls of buying, selling or renting property and real estate in Hua Hin. Building, design and construction topics welcome. Commercial or promotional posts for real estate companies or private properties are forbidden.
Richard Bright
Novice
Novice
Posts: 3
Joined: Wed Jan 02, 2008 12:56 am

Buying property

Post by Richard Bright »

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
User avatar
Jockey
Banned
Banned
Posts: 2215
Joined: Mon Jan 27, 2003 5:14 pm

Post by Jockey »

I'll give you advice. Come here, rent for while and suss things out for yourself.
User avatar
sandman67
Rock Star
Rock Star
Posts: 4398
Joined: Wed Jul 11, 2007 6:11 pm
Location: I thought you had the map?

Post by sandman67 »

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 :cheers:
"Science flew men to the moon. Religion flew men into buildings."

"To sin by silence makes cowards of men."
klikster
Specialist
Specialist
Posts: 186
Joined: Thu Sep 27, 2007 7:59 am

Post by klikster »

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". :wink:
User avatar
STEVE G
Hero
Hero
Posts: 13553
Joined: Mon Apr 03, 2006 3:50 am
Location: HUA HIN/EUROPE

Post by 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€
klikster
Specialist
Specialist
Posts: 186
Joined: Thu Sep 27, 2007 7:59 am

Post by klikster »

[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€
User avatar
crazy88
Deceased
Deceased
Posts: 1709
Joined: Thu Jun 21, 2007 7:39 am

Post by crazy88 »

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
niggle
Guru
Guru
Posts: 605
Joined: Mon Nov 27, 2006 6:40 pm

Post by niggle »

well said crazy88
DawnHRD
Legend
Legend
Posts: 2627
Joined: Thu Sep 22, 2005 10:39 pm
Location: Not always where I want to be

Post by DawnHRD »

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.
"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!
User avatar
Big Boy
Moderator
Moderator
Posts: 49104
Joined: Fri Nov 04, 2005 7:36 pm
Location: Bon Kai

Post by Big Boy »

Richard,

I've sent you a PM.
Championship Plymouth Argyle 1 - 2 Leeds Utd :cry: :cry: :cry: :cry:

Points 46; Position 23 RELEGATED :cry: :cry:
User avatar
crazy88
Deceased
Deceased
Posts: 1709
Joined: Thu Jun 21, 2007 7:39 am

Post by crazy88 »

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 .
:cheers:
User avatar
crazy88
Deceased
Deceased
Posts: 1709
Joined: Thu Jun 21, 2007 7:39 am

Post by crazy88 »

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:')

:cheers:
klikster
Specialist
Specialist
Posts: 186
Joined: Thu Sep 27, 2007 7:59 am

Post by klikster »

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?
Not necessarily in this thread, but on this forum ..
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.
I 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.
This entire thread is a series of attacks against someone giving good advice

http://www.huahinafterdark.com/forum/re ... light=land

'Nuff said?
Wanderlust
Legend
Legend
Posts: 2862
Joined: Wed Aug 04, 2004 12:27 pm
Location: Hua Hin

Post by Wanderlust »

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.
DawnHRD
Legend
Legend
Posts: 2627
Joined: Thu Sep 22, 2005 10:39 pm
Location: Not always where I want to be

Post by DawnHRD »

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!
Post Reply