Owning Property in Thailand 🇹🇭is it Worth it?

Поділитися
Вставка
  • Опубліковано 23 сер 2024
  • To buy or not to buy property in Thailand is the question so many people contemplate when moving to Thailand.
    In this video, I share my own view along with those of others who have first-hand experience in buying property in Thailand.

КОМЕНТАРІ • 36

  • @letseat3553
    @letseat3553 6 місяців тому +1

    I look forward to your video about buying property with land through a Thai and obtaining a 30 year lease fully registered on the Chanote at the land office.
    If you're married then things get complicated as it's 50/50 but if unmarried I believe the various lease options, usufruct / superficies (where available) etc are solid.

    • @TheH00kie
      @TheH00kie 4 місяці тому +1

      I’d like to know more on this too

    • @oldthaiexpat
      @oldthaiexpat 10 днів тому

      You should look at the Thai nominee law in Thailand. Doing what you are talking about could run afoul of section 96 in Thai property laws. Atleast if you are married it is very difficult to run afoul of this law.

  • @ricardos312
    @ricardos312 4 дні тому

    Hi, what is the best gross yield you can get in a condo in a CBD area ?

  • @PatricksFinanzen
    @PatricksFinanzen 2 місяці тому +1

    So how about making a list of those who are managed well and where you get what you pay for?
    Wouldn’t that make it easier for everyone?

    • @mrdamianking
      @mrdamianking  2 місяці тому +1

      And how do you suggest I find out which blocks are managed well?

    • @jamesbarr2357
      @jamesbarr2357 29 днів тому

      As a potential buyer, you should do due diligence on the financial standing of the Juristic Person.

  • @clivebaxter6354
    @clivebaxter6354 5 місяців тому +1

    Only consider buying a condo 100% that's in your name, nothing else is, no matter what these vloggers who have been here a few months tell you

  • @sihlemasondo2898
    @sihlemasondo2898 Місяць тому

    Very good advice

  • @jaibirkang5345
    @jaibirkang5345 3 місяці тому

    A piece of advice you would likely to give to a person who is willing to invest ( as a single owner ) in Thailand ( pattaya or Phuket ) for a condo to generate Revenue ( monthly basis ) ?

    • @mrdamianking
      @mrdamianking  3 місяці тому +2

      Invest in an older condo block. There is less competition, building maintenance has been in place for a while, there is always more demand for larger units, and prospective tenants tend to stay longer.

  • @somchais2100
    @somchais2100 Місяць тому +1

    Too risky.

  • @keithmitchell67
    @keithmitchell67 Місяць тому +1

    Can I get mortgage in thialand

    • @mrdamianking
      @mrdamianking  Місяць тому +1

      I’ve no idea Keith, I don’t know your personal circumstances. That said, I think most people buy cash

    • @randompasserby2697
      @randompasserby2697 Місяць тому +1

      From a Thai bank, as a foreigner no

  • @kulturalvibezteam7859
    @kulturalvibezteam7859 11 днів тому

    This is A++ video and information thank you!! I need your contact 🙏🏾

  • @lodoss118
    @lodoss118 21 день тому

    Can you buy a property if you are from the uk

    • @mrdamianking
      @mrdamianking  18 днів тому

      Yes very easily as long as you buy cash

  • @danyal4378
    @danyal4378 2 місяці тому

    Can u not put on airbnb in the uk or is it legal?

    • @mrdamianking
      @mrdamianking  2 місяці тому

      By all accounts lease agreements in Thailand stipulate that a landlord has to lease their property for a minimum of 6-12 months the. I’m sure it differs from condo to condo. But people do it all the time. It’s a huge grey area

    • @danyal4378
      @danyal4378 2 місяці тому

      @@mrdamianking they said a hotel room has to be booked for one month can't few days

    • @jamesbarr2357
      @jamesbarr2357 29 днів тому

      @@mrdamianking Damian, Air BnB type rentals are a major problem in resort towns like Hua Hin. Anyone looking at a condo should check the reviews on google maps. The last thing you want is to buy a unit, only to discover it is over run with short stay tourists.

  • @Bratwire
    @Bratwire 4 місяці тому

    Who would you recommend to help you buy a condo for cash flow, I would spend 2 months a year in the condo...

    • @mrdamianking
      @mrdamianking  4 місяці тому

      Don’t understand your question? Condo in Thailand?

    • @Bratwire
      @Bratwire 4 місяці тому +1

      @@mrdamianking Yes sir, i want to get an ABNB going. thx you

    • @mrdamianking
      @mrdamianking  4 місяці тому +1

      Are you aware Airbnb is actually illegal in Thailand?

    • @Bratwire
      @Bratwire 4 місяці тому

      @@mrdamianking I am now, i thought more of a grey area.

    • @mrdamianking
      @mrdamianking  4 місяці тому +1

      Plenty of people still do it. But I wouldn’t personally pursue an investment that is not completely legal just incase they crack down on it.

  • @pascalfo6014
    @pascalfo6014 3 місяці тому

    No women from anywhere tailand or not lol you must be intelligent

    • @mrdamianking
      @mrdamianking  3 місяці тому

      Questioning my intelligence when your spelling is atrocious, and punctuation is none existent 😂

    • @pascalfo6014
      @pascalfo6014 3 місяці тому +1

      @@mrdamianking I told you your smart and Don t like it ,ok ,for my english it is my second language I speak better then I rite same for spanish ,I am better in french ,excuse me to think that your smart, but saying to guys to put the tittle under there own and only name is smart lol, by the way to me counting is more important ten riting I hire lawyer for this

    • @mrdamianking
      @mrdamianking  3 місяці тому +1

      @pascalfo6014 my bad, I thought you were being sarcastic. I take it back if English is your second language ✌🏻

    • @pascalfo6014
      @pascalfo6014 3 місяці тому

      @@mrdamianking no problem in spanish I am worst lol ,do they talk about changing ownership of the land ?