Q. Hello, I am planning to buy a condo from these Developers in Thailand, called Iguana Group. They are developing a project in Pattaya called Park Lane.
Did anyone hear of them before? Are they good or bad, as far as their reputation for development of properties is concerned? Any more information about them?
Any help will be appreciated. Thanks.
Did anyone hear of them before? Are they good or bad, as far as their reputation for development of properties is concerned? Any more information about them?
Any help will be appreciated. Thanks.
A. Watch your back AND wallet.
Thai real estate is TANKED !! Offer 50 % of what is listed minimum. Before signing..add a 30 day escape clause..or ask to use the condo for 1 or 2 weeks to see what it is REALLY like to live in the building itself..not just the city. If it is not yet 100% built yet WALK AWAY...If they don't want to deal YOUR way..walk. there is wayyyyy too much out there and 99.9 % are desperate to sell and raise hard cash in a fearful Thai economy...Thai condo's are notorious for lack of maintence..nearly impossible to sell to other Thais if lived in before (2nd owner) so you WILL be in for a shock should you ever decide to sell...ONLY condider large cities , never buy rural. Buyer beware with anyone not an International property broker with a world class reputation.
Thai real estate is TANKED !! Offer 50 % of what is listed minimum. Before signing..add a 30 day escape clause..or ask to use the condo for 1 or 2 weeks to see what it is REALLY like to live in the building itself..not just the city. If it is not yet 100% built yet WALK AWAY...If they don't want to deal YOUR way..walk. there is wayyyyy too much out there and 99.9 % are desperate to sell and raise hard cash in a fearful Thai economy...Thai condo's are notorious for lack of maintence..nearly impossible to sell to other Thais if lived in before (2nd owner) so you WILL be in for a shock should you ever decide to sell...ONLY condider large cities , never buy rural. Buyer beware with anyone not an International property broker with a world class reputation.
Is the property market hurting in Thailand?
Q. Since the global recession is currently hanging over all of us, what is the real estate market in Thailand like now?
A. Yes, I have friends in the real estate industry that have moved to other countries because of it. Even hot areas to buy, like Phuket, are suffering a major drop because of the political instability, the economic crisis around the world, and the general exchange rates for foreign currencies.
If you have cash, however, it might be a good time to buy (pay cash).
If you have cash, however, it might be a good time to buy (pay cash).
19 year old British white male who's going to Thailand would like a yantra tattoo, how do i go about this?
Q. I am going to Thailand in a few weeks and would love a yantra tattoo as they have spiritual protection properties, can anybody reccomend anywhere to go or avoid. Also past experiences are welcome!
A. I would suggest you go to a Thai Temple that does Yantra tattoos and have a Buddhist monk do it for you. I found this online at the Wat Tong Nai Temple (Bangkok), they said they do Yantra tattoos. Your best luck is to look around the Bangkok area, because there are probably many tourist that request to have this done. :)
Should the US pressure Thailand to allow Americans to own property?
Q. Thais can come to the US and buy property. And it seems a bit unfair for US citizens to comply with rules that are exclusionary.
I give you all a thumbs up because its a discussion question and I enjoy your opinions.
I give you all a thumbs up because its a discussion question and I enjoy your opinions.
A. Personally think the answer should be no, however a forgiener can own property...ie a condo...The issue is not the property per se, as the law talks about the land which a forgiener cannot own outright.
... but to add to this, think people who live in Thailand long term and are here legally, should be allowed to own property/land in their own name, within limits....ie say somebody have lived/worked in Thailand legally on a W/P for say 5 years would be permitted to own up to 1 rai of land....same would apply for legal retiree;s or legally married to a Thai national..
... but to add to this, think people who live in Thailand long term and are here legally, should be allowed to own property/land in their own name, within limits....ie say somebody have lived/worked in Thailand legally on a W/P for say 5 years would be permitted to own up to 1 rai of land....same would apply for legal retiree;s or legally married to a Thai national..
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