At least in the cities it doesn’t make finance sense to buy. Rent is cheap, and condos often decrease in value. Thais dont like to buy “2nd hand”
There’s a reason why there is such a surplus of condos in Bangkok.
Personally i would only buy if I found a place i was absolutely certain i would stay til i die. It would be a “home” decision, but bad financial decisions
I may be wrong in this, but you sure about the legality? Technically its a loan, don’t think immigrant care about the source? I know people doing this, as parking 800k is a net loss vs keeping the 800k in the market.
Unless the risk is high, this was my plan when i reach 50.
But still a while, and if i can still get DTV the it’s probably a better option anyway.
No haha, they came asking for translation. But after the appointment confirmation. Havent provided that yet. But i will postpone the appointment. Wanted to get the DTV while still possible. Planning to stay in Jakarta for a while