@Tai *********

real estate ? In Thailand ? Wait til you try to sell it … then you’ll see what a loss really is . It won’t be just 40k

@Richard ******

yes it’s improved a little bit but over the long term it’s still awful . For years the euro was in the 1.4-1.60 range and the dollar of course mostly 1.50-2.00 over the past 20 years .. until you know what happened in 2016 .

It’s roughly at its long term average . Up to end 1992 it was in the 42-46 range , 1993-1997 37-40 , 1997 -2008 55-90 , 2008-2016 48-55 , Brexit … 2016-2024 39-47 but mostly about where it is now . Pound still not really recovered from the biggest self inflicted wound Brexit . Plus the Thai baht is one of the most over valued currencies that is not allowed to get weak by the central bank

@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