Hello one and all 😀

Would really appreciate your views on purchasing a property in Thailand, namely a villa to be used as our own forever home

If we find a rental villa that is as near to perfect for our needs (location/ lovely immediate area, good transportation network, pleasant local community etc) if we were to rent it every year, it’s fair to say the rental costs will increase (potentially each year)

Add the cost of renting for say 25 years, it soon adds up, then add into the equation the owners could tell us to leave at short notice

Purchasing such a property should give us some security and long term could (I think hence asking) work out a lot cheaper

Other than than in years to come your visa being revoked/ refused is there anything else I should consider. I know as foreigners we are not allowed to own the land so I guess it would be a leasehold arrangement 

We are not the sort of people who want to keep moving, once we have found an area we love, we typically settle long term (current home 30 years)

So, please, what are the benefits and pitfalls of purchasing a property in Thailand

Thank you