I have . Guidance on what exactly ?

Don’t feel you need to buy a property . Renting is so cheap in Thailand and gives you flexibility to move . Buy and you’re stuck in one place which , eventually , you might want to move from . Not easy to sell quickly

@Mark *****

I agree with you there Mark

@Mark *****

and they never own the land … you omitted to mention that . You spend millions of baht to build a house your wife only actually legally owns . And if you divorce … all your money is gone . But let’s not worry about trivialities like that .

My point really is most people from abroad buy condos , not all as you say , but most . Ask the owners of The Met condo project in Sathorn Road Bangkok . They paid a lot of money for expensive condos ( hundreds of them in that building and yes they are nice , ) but … here comes the punchline … developers bought the small land in from of The Met and are now building a huge sky high condo right in front of it so the owners of The Met are rushing to ( unsuccessfully ) sell before the only view they have left is of the air conditioning condensers which will soon spring up in front of them . The developers of 125 Sathorn ( the name of the condo being built in front of The Met ) specifically designed the building so all the air condensers face The Met so the nicer front view is clear for the new condo owners . In the process they obliterated the view for The Met owners , and made it impossible now to rent out or sell . Dozens of foreigners investments gone .

The house agents wouldn’t mention that to prospective buyers of course .

I’m not saying you were not successful but you did something unusual for foreigners and my advice was directed at the majority of foreigners who come here with blinkered vision , throw there money down and then lose it all years later .

At least admit I’m right about condo ownership … it’s a terrible investment

@Mark *****

I am informed , and it says it all … your wife’s an agent !! So maybe with inside information you made money , 99% of people will lose . If you want to leave your family something then buy in a safe country eg UK just as an example where property is easy to sell ( unlike Thailand ) and it goes up in price ( unlike in Thailand ) . Buying land and subdividing it is good if you have inside help and is not suitable for most people . Most people will only know about buying a co do … huge mistake unless you like the nightmare of ever trying to sell it ( along with thousands of other condos to compete with ) and not getting your money back . And NO I have never bought a condo in Thailand because my brain still works

@Mark *****

you sound like an agent , they are always spouting this nonsense because it’s their job . Compared with the uk where property both for rent and sale is in short supply and huge demand , I can think of no country outside of China where there is such a huge glut of un sold units and thousands upon thousands of condos to rent , than Thailand . Prices are the same as 10 years ago and even then they can’t sell

@Mark *****

not in property it isn’t . Why invest here . Just invest in your own country , bring the money here as and when you need it

Disregarding the nonsense about 62 baht to the pound ( it’s 46 ) , as a long time visitor and resident of Thailand I can say with confidence that, great place to live , bad place to invest particularly the Thai property market . It’s the easiest thing in the world to buy a property here and the hardest thing to ever sell it except at a loss . Keep your money abroad and use it to fund your Thailand living . Never invest in Thailand

@Steve ******

even in Bangkok not everywhere takes them . My point being why not have at least SOME money on you for emergencies . I always go out with about 1000 baht in smaller notes just in case

@Steve ******

but why ? Surely cash is always quicker and not everywhere lets you pay by scan . Scan is good for purchases over say 300 baht but why not carry small cash for purchases under that ? If you buy an ice cream for 25 baht just put a 20 note and a 5 coin down and away you go