@Tim ******

in which case why buy ? Why give yourself these problems ?

Just recently even SUPERRICH stopped showing NOK, SEK & DKK on their website . Before they did but at very bad rates of 10% or more discount , now as I say they don’t show them at all

@Stephen *******

but if you sold that UK one now you would have roughly tripled your money.. in Thailand it would still be about the same IF you could even sell it

@Stephen *******

I do follow your logic and CERTAINLY I would buy in , again example , the UK ( as I have ) but you ignore the interest you can be getting by keeping the condo money in a bank high yield account which could be a lot depending on its value . So you save rent but you lose interest on the capital it cost you . Also if you had used that capital to buy a place in the UK you could rent that out and get real capital appreciation .

So I think you are missing some crucial points and , again , you also acknowledge that you might lose money which is not going to happen in the UK .

Not trying to cause a problem I’m just saying

@Stephen *******

but surely , as everybody here acknowledges ( and that should be ringing alarm bells anyway with any potential buyer ) as it’s SO difficult / impossible to resale here (without taking a big loss ), why not find the area you want , as stated above , but rent thus having the freedom to move when you want ?

@Mark *******

or better still don’t invest in property at all . Just rent it’s much cheaper like for like than , say , the UK and you can move at the end of your contract

@Jeff ******

you must be an agent as everybody knows how hard it is to sell property in massively oversupplied Bangkok . If you don’t accept it then you can only be 1) totally unaware of your surroundings or 2) an agent . I don’t think you are 1) .

Most condo buildings in central Bangkok are for sale or rent , often 50% of the total units are for sale or rent . That’s not normal , that’s not the same as other civilized capital cities

@Jeff ******

IF you can ever sell it . THOUSANDS of properties listed in Bangkok .. can’t sell them

@Jeff ******

you mean you’ve owned loads of property in Thailand ? I too wanted to buy in Bangkok years ago and did , and still do , a lot of research . One thing struck me was there seems to be almost no capital appreciation in other words they don’t rise in price . A 25m baht condo in a good area I wanted in 2015 is still at that price having not sold for 9 years now !! So much oversupply it’s almost a joke and not enough SERIOUS demand . The asking prices keep rising but if they don’t sell it’s meaningless .

Rent on the other hand stays stable too but in a cheaper ratio than in the UK for example where prices for resale are up about 35-40% since the same 2015 period .

Then you have the absurd problem that in Thailand the condo usually comes with a 30 year lease which you then have to renew . Why have that hassle ? And as a foreigner you can’t buy a house in Thailand in your name outright . Crazy but true .

Then when you come to resale in Thailand you are up against literally thousands of other condos and houses .

Most people would say rent don’t buy . Does the above explain it better to you ?

@Tim *********

bit worrying their English is not that great . It’s true about the weather , although the relentless heat day after day can grind you down . But it’s not that cheap anymore . If you own a property in the UK for example your monthly budget is not so different to what you would spend in Thailand . Rent don’t buy , like everybody else says … for a good reason