What 10M Baht ($285,000) Buys You in Thailand - Bangkok, Pattaya, Hua Hin
Вставка
- Опубліковано 18 чер 2024
- What kind of condo and villa you can buy in Bangkok, Pattaya, and Hua Hin for 10 million baht ($285,000).
Contact me for the best real estate opportunities in Thailand 👉 jettgunther.com
00:00 Intro
01:29 Hua Hin overview
02:20 Comfortable modern villa
03:45 How foreigners can legally buy villas in Thailand
04:50 Pattaya overview
06:27 Luxury condo near the beach
07:42 How foreigners can legally own condos in Thailand
08:57 Bangkok overview
10:07 Riverside condo by a renowned developer
11:10 Hottest new luxury condo in financial district
Maintenance fees of the condos in this video:
Banyan Hua Hin
Maintenance fee: 4,637thb / month up to 500 sqm plot size
4thb / month for each additional sqm
Riviera Pattaya:
Maintenance fee: 50thb / sqm / month
One-time sinking fund: 500thb / sqm
The River Bangkok:
Maintenance fee: 90thb / sqm / month
One-time sinking fund: 950thb / sqm
Tait12 Bangkok:
Maintenance fee: 110thb / sqm / month
One-time sinking fund: 900thb / sqm
I visited that villa. It’s not 10 million baht. That villa is actually owned by a person that owns another larger villa and is renting the house to banyan development. They use it in their promotional videos. That villa is more like 12 to 15 million baht because it is fully furnished as has double glass doors which is not standard. 10 million baht is the bare minimum with no furnishings for a villa like that but with only 2 bedrooms, not 3 like in the video.
Excellent work. Thank you. Considering all options.
Glad it was helpful!
Great video…very informative.
Glad it was helpful!
5:08 made me lol
This is a very nice channel you entertain here. I like your way to promote the properties.
I am atm not looking actively for some properties in Thailand, but it is quite appealing to me, so maybe in approx. 10years that may be an option also for me.
Hope prices will be affordable still by then.
Like!
love the condo in bkk, im Australian and will definitely be contacting you to buy in the near future
Thank you for making such useful and informative video. I'm currently living in the California, USA and interested in a beach town condo in Thailand. I've been waiting lots of your video to get familiar and learning about each unique town/area has to offer. I don't have plan to move to Thailand for another 5 years or so but I'm looking purchase within the next 12 months and lease it out first until my living situation allows my wife and I to leave the U.S. I will definitely reach out for your assistance and service when the time comes. Really appreciate all of your great videos.
That was truly a great informative video thank you. Bankock seems very expensive compared to other cities in Thailand and not really a place to live like a king on a normal Western budget so I would choose one of the other places mentioned.
very well presented!
Thank you kindly!
JETT💪❤ Great humor... well done video... SUGGESTION: To further develop your business add some sort of HOA condo purchase analysis to properties. Often USA HOA fees and catastrophic rip-offs of owner tenants are legion. I understand from certain Thailand owner-comments on other channels that similar SCAMS occur in Thailand where the actual Thai HOA Board Governance is STEALTH CONTROLLED by the developer company which screws the owners over forever into the future.👺 IF you could develop a way to "guide" prospective expat condo purchasers to SAFE buildings where the owner-builders are not secretly creating future board governance manipulation I think you would get a MASSIVE increase in interest from people like me who REFUSE to buy into buildings where they have no TRUE CONTROL of their future HOA fees.... Love your work 😊
PERHAPS DO A DEDICATED VIDEO on this very dangerous issue too ⁉
Jett, would love you to do some comparisons with Phuket as well. Thanks
Yes will eventually cover that market
My question is in relation to villa style developments.
In Australia and the US (HOA), villa style developments are undertaken under various condominium laws.
Also I visited a moo baan in Pattaya, which appeared to be done under the Thai Condominium Act.
The moo baan, had a common swimming pool, gym etc and there was an office building with a a sign that said, in English, juridic office, which were indications that the moo baan was developed under the Thai Condominium Act.
Notwithstanding, the above, I have never seen any mention of villa style developments available for sale in Thailand by way of the Thai Condominium Act, what is the reason for that?
Leasing a villa is really bs for the custumer, but very good for the seller , can sell in 100 years more than 3 x and after that is finished for the customer family.
Maintenance fees & errors in this video:
People were asking about the maintenance fees of the properties in this video, so here they are:
Banyan Hua Hin
Maintenance fee: 4,637thb / month up to 500 sqm plot size
4thb / month for each additional sqm
Riviera Pattaya:
Maintenance fee: 50thb / sqm / month
One-time sinking fund: 500thb / sqm
The River Bangkok:
Maintenance fee: 90thb / sqm / month
One-time sinking fund: 950thb / sqm
Tait12 Bangkok:
Maintenance fee: 110thb / sqm / month
One-time sinking fund: 900thb / sqm
Furthermore, apologies for a few errors in this video:
1. The Pattaya - Hua Hin ferry is currently closed until further notice.
2. Kimpton Kitalay is actually in Samui.
3. The image describing Koh Larn is incorrect.
Nice video! So the house in Hua Hin is a land leasehold is basically a 30 year home rental instead of purchase? Good to know condos can be purchased outright!
Yes, but 99% of the time you are required to pay upfront in full for the 30 year lease.
That's not Koh Larn though at 5:32 but some much much smaller island.
Bangkok is the best....so many options!
On the road in the city of Bangkok they never have a lot of trash my friend they used to have those trash just only in a small Soi where no one take care of it about 20-30 years ago and a lot of trash from homeless people in the slum in Bangkok but never a lot of trash on the road my friend at least while I’m growing up here in Bangkok and now I’m 40+. Or you could see a lot of trash on the road only after flooding my friend.
What are the property taxes?
Hi Jeff, My understanding is that the ferry between Pattaya and Hua Hin closed as of the Covid pandemic. Are you really sure that the ferry begun to operate again?
I think you're right. The word ferry must have got lost in translation in Thai to mean shuttle. I'll remove that section from the video. Thank you for the input.
@@JettGunther a Shuttle that takes 2 hours from Pattaya to Hua Hin?
Good luck ! 🤣
lol @@geoffrey6672
Interesting video, with the Villa in Hua Hin, what happens at the end of the 30 year lease? Do they get to charge you another $280,000 for another 30 years?
Normally the sales price includes the 30 years lease plus 2 renewal options.
Example - Mali Boutique:
Sales price of 10MB is broken down into:
House Price: 7MB
30 Years lease: 1MB
30 + 30 Years Extension: 1MB + 1MB
Are any villas available at the four seasons residence in Chaing mai?
I don't cover the Chiang Mai market. Best to check with them directly.
The picture of Kimpton Kitalay is from Samui, not Hua Hin.
The house at the Banyan looks great though.
Sorry about that. That bit will be removed and the change will be reflected in the next day or so.
@@JettGunther Cheers, nice video though ! Love the design of the Villa in Hua Hin, also great value.
Does the developer allow you to rent out these houses?
Yes
One question is after 30 years what is the cost of extending it? Is it paying again the full price? If so it's more like a long term rental🤔
30-year lease is a long time,as the goal posts are always changing, especially with visas and the like,also taking into
consideration the global status and economics,on all fronts,all on very shaky ground.
I personally have lived here 30 years."Too Say The Least"
Note:
There Is No Ferry. ⛴️
The last one was tried out over 3/year's ago.
By which was a shame.🤔
Love your videos but I have some questions that I have not seen answered.
What are the Maintnance fees and taxes for the condos. For houses association fees and taxes.
This gives a person a chance to calculate what he will need before wasting your and their times.
Can you help?
Taxes are typically a few thousand baht a year.
Banyan Hua Hin
Maintenance fee: 4,637thb / month up to 500 sqm plot size
4thb / month for each additional sqm
Riviera Pattaya:
Maintenance fee: 50thb / sqm / month
One-time sinking fund: 500thb / sqm
The River Bangkok:
Maintenance fee: 90thb / sqm / month
One-time sinking fund: 950thb / sqm
Tait12 Bangkok:
Maintenance fee: 110thb / sqm / month
One-time sinking fund: 900thb / sqm
@@JettGunther Thanks but can you mention them in your videos I think it would help people understand the costs.
@Peter-ok9bj will do
@JettGunther In US dollars please
@@JettGunther Confused by the "one-time" sinking fund. If you buy a second-hand property wouldn't the previous owner have paid the "one-time" fee? Are you expected to pay it again as the second owner?
Any condo in low budget , purchase foregineor , send me details
so let me get this right please, i am "buying" a house and after 30 years i need to pay again the same amount for another 30 years?
Not really a house purchase is it, more like a 30 year contract rental
Normally the sales price includes the 30 years lease plus 2 renewal options.
Example - Mali Boutique:
Sales price of 10MB is broken down into:
House Price: 7MB
30 Years lease: 1MB
30 + 30 Years Extension: 1MB + 1MB
Hello jett👍
I was wondering, do you also speak german?
Unfortunately not
@@JettGunther fluent Thai and English is not so bad! 😁👍
Are you finding that many investors are spooked about how the recent election has been handled ? ie are investors reluctant to invest in a country with, what some of those in the west perceives as, political turmoil ? I know some of my colleagues are concerned about this. If you can provide some reassuring words it would help them in their decision making process. Great vibrant video btw.
Not really. Our inquiries are as strong as ever.
The current "turmoil" is a vast improvement from the street riots and the military crackdowns in the previous decades. At least this is a war of legislation and constitutional interpretation, not of bullets.
Moreover, even back during the more violent times, what has always remained untouched was foreign investor's rights. You can try to look up any unlawful seizure of a foreigner's private property by a rogue Thai government. You won't find any.
Thailand has a "unique" situation where many aspects of the economy and society are completely insulated from its political idiosyncrasies.
For further reassurance, you can have a look at this video of mine, especially towards the 39 minute mark where we discuss the exact issues you raised. ua-cam.com/video/gadpcWDbIyU/v-deo.html
@@JettGunther Jett I hope I didn't offend with any perceived judgements. Much is portrayed by the media and we both know how biased they can be. A very refreshing reply and one I will enlighten people with here in Australia. Your a gentleman . Many thanks . 😊
@@patrickmaguire1407 No offense taken at all. It's a completely legitimate question when considering a foreign country.
@@JettGunther I purchased a condo at Baan Thew Talay building in Chaa Am just as the veil of covid was lifting . The timing was extremely fortunate for purchases at that time with an economy desperately and understandably in need of resuscitation. I cannot say enough about the absolute professionalism and grace and ease of process applied by Thai administration for this process. Most importantly the transparency and expedience too. May I suggest to others out there that researching the maintenance company for such condo complexes is extremely useful. Ultimately they will be protecting the investment.
@@patrickmaguire1407 Thank you for sharing that!
In Bangkok
Wow, you speak English better than most Americans. My guess is that you were raised in the USA and/or you went to school here. I’m guessing that I’m not going to live another 30 years, but what happens when you die? Does the country inherit your property?
You may find thus video relevant to your concerns ua-cam.com/video/gadpcWDbIyU/v-deo.htmlsi=YNJfSGYIcCZVHKvN
Hold your horses. The pictures of the condo, that is supposed to be The Riviera, is actually pictures of a condominium at The Garden and it has NOTHING to do with The Riviera.
Thank you for pointing that out. That was a mistake by the editor. I've removed that section from the video. It should take effect in a few hours.
@@JettGunther You are welcome Jett.
lol for 10 million you can get a luxury villa where ever you want in Thailand