thommy

i was renting my house here a few years for holiday guest but on the long term it does not make sense with just one or 2 objects - even with expensive ones that are good booked as mine was.
apart from that the law is now so terrible and really hard to comply that i gave it up.

6-7 years ago the situation was different as there where still enough europeans here.
now you are dealing with big chinese groups and indians or even worse: thais.
on top of that the high THB exchange rate is killing the holiday market.
i have never seen pattaya that empty as this december and i doubt that this will change in the next 2-3 years.

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elmy

nice place for GFY party

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elmy

ouch jesus ..

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shimmy2

just left pattaya a few months ago after spending 1/2 the year there on low season. i thought high season things were jumping. i do have condo bookings there but you're saying the streets are still quiet like summer?

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thommy

very quiet - just cam back from walking street and i have never seen it in a high season like that.

there are like 15 agogos with the "to rent"-sign. even the usually packed clubs have chairs and tables left.

in 2-3 years it is time to invest again here.
now i would not even buy a stone. but at least i still get some interest on the bank. i can sit it out.

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Tasty1

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.

adultinnovation

already found my spot to buy after doing some research and talking to an agent there... actually reminds me a lot of what Thailand looks like on the small islands..

Beautiful area.. low crime.. lots of French, Italian, German expats living there..

https://realestatelasterrenas.com/bl...uty-by-the-sea