Quote:
Originally Posted by adultinnovation
I recently sold a small Condo I owned on Grand Bahama.. after the Hurricane hit.. I got rid of it at a loss... but I was lucky to even find a buyer I think....
So now I'm looking to replace it with something like this. I've never been to Krabi before but I spent a month on Kho Samui Island...
https://www.thailand-property.com/1-...-krabi_4117331 |
That is Provence Krabi, but the Island Koh Lanta. Koh Lanta is a nice spot, stayed there 6 weeks and went 2 times. But low season is low... very low. And a lot of wind and waves in low season. Maybe able to rent it out 3 months. Long stayers are disappearing i see on this island also cause of stricter visas. And everything is for sale, you can buy many businisses, resorts, villa's. Cause the Thai Baht is very high and good time to sell, more condo's realised while less people come. I see it is also more quiet on Koh Chang, normally it would fill up now and high season is January - March. I haven't seen it real busy in Pattaya for 2 years now and smaller apartments build 8 years ago in Soi Lengkee are closed. Better ones are build around the corner though. I also wouldn't buy on Koh Lanta cause i don't like seeing 14 year old children (or younger) locked up in a burqa.
Koh Lanta also means you have to go there by bus/taxi for 2 - 3 hours from the airport.
And maybe 2 - 3 months high season. Don't know how many direct international flights go to Krabi. But with the enviroment flying taxes there will be less European families.
I wouldn't buy in Thailand at this moment. And cause of the visa (it is a lottery if they refuse entry or not when you come here many times) i will be heading to Goa in India in 4 weeks, instead of trying to get another single entry visa for Thailand in a neighbouring country. Thailand doesn't want to have long stayers anymore. A lot of long stay backpackers moved already.
I stayed in Phnom Penh for 2 months, three big apartment condominiums, 36 floors high, hundreds of apartments for rent, all Chinese investments. Also Kampot is developing fast, cause the Chinese bougt Sihanoukville and all western are gone there. All the signs in the Phnom penh where also in Chinese just like the TV channels. And also in Vietnam (Hoi An, Phu Quoc) a lot of (Chinese) construction is going on with high end resorts. Prices tripled the last 4 years. But owning something is hard in asia, all lease constructions.
Looks like my last weeks in Thailand for the next years, heading to Europe in the summer and than Latin America for some months/years. Thailand is now 30% more expensive than 2 years ago. If you follow the thai facebook groups you read a lot of frustration. But i must say that i like Thailand much more than Vietnam or Cambodia. So most will come back, when the bath gets lower and visas less strict. Or the Koreans, Indians and Chinse will replace the Western Tourist.