
| PROPERTY IN THAILAND |
We firmly believe that the only
countries in south east Asia that present good property values are
Malaysia, Thailand and Singapore. We prefer to only deal with
agents who are members of Rotary International. Their ethics and honesty
can be trusted more than most. My husband is the Senior Global Webmaster
for Rotary Global History
Fellowship. We also recommend serious consideration
be given to acquiring property in the Bangkok area as good long term
capital growth potential once the present (2010-11) unrest is resolved. These internal political issues have
caused property prices to depress in the Bangkok area, leaving room for
a massive increase in values. I think it was Dale
Carnegie who once said "Buy land. They ain't making land no-more". He
is also (I think), attributed with the saying "when everyone else is
sitting down, stand up. And when everyone else is standing up, sit
down." His comments applied to the property market.
One of Rotary's greatest
ambassadors lives in Pattaya, Thailand, some 165km south east of Bangkok
on highway 3. Pattaya is one of the more scenic regions of
Thailand and offers in our opinion, good investment, huge potential for
capital growth, free of pollution, free of civil unrest and one of the
more beautiful areas of Thailand. You can read more about
Pattaya
here. Luxury apartments, condominiums and
houses can also be bought for less than US$300,000 in this pristine
environment.
The other region worth considering is the far
south of Thailand around the famous Phuket area with a number of
adjacent small islands often becoming available and at surprisingly
reasonable prices.
Foreigners Buying
Property in Thailand 1). Do NOT get advice from
a back street, one-man lawyer's office. Go to one of the big
international legal firms. 2). "Western democracies" may be
silly enough to allow foreigners to buy property without restrictions.
Don't expect the same benefits in Asia. 3). Beware of shady
"arrangements" designed to get around these restrictions. 30
years ago, when I was a practicing accountant in Australia, we used what
we called "cement sandshoe trick" to use names of people we didn't know,
to own shares on behalf of our client, with pre-signed, undated, share
transfer forms. It no longer works. 4). Foreigners can really
only own property in Thailand via a Thai company, with a maximum of 49% owned
by foreign shareholders. 5). Property can be leased by
foreigners with a 30 year lease with a second 30 year option.
We
were recently offered a fully functional (and profitable)
bar in Pattaya for only
US$/AUD30,000. These sorts of deals come across our desk occasionally so
if you have any interest, let us know and we will keep our eyes open.
NOW,
read on -
 If
you are interested in this area, we will be pleased to offer our
professional services in conjunction with our Rotary connections in
Thailand.
Here are a few examples -
Freehold Land of around 25000 Sqm or 2,5 Hectares with direct ocean
front facing West, with private bay. This fully developed, first class
Location also has an open style architect designed villa overlooking the
ocean with uninterrupted views.
All infrastructure and facilities of the entire Eco Development are
complete with roads, security fence, walls, entrance and exclusive
landscaping, with electric, water and drainage systems. The 2.5
hectares include the luxury high-end designer Villa in modern European
style, fully furnished and completer. Top quality Construction and
first class finishing. All license, construction plans and drawings
with all local and international contacts supplied to buyer. To
operate the entire development and Villa costs are roughly US$1,500 per
month which includes 4 person staff. 80% of the island is National
Park and only 20% available for development. This is the last ocean
front plot available.
Luxurious house facing the beach, fully renovated in western luxury. 4
bed, 4 bath, pool, beautifully landscaped. Land area 560sq m (6,000 sq
ft) US$270,000.
Western luxury, 2 bed, 1 bath, 74 sq.mt (750 sq ft)
condominium with sea views. Fully furnished
for only US$152,000.
Huge 1,020 sq mt (10,300 sq ft) land with western luxury in all its
opulence. This magnificent house is fully furnished and equipped with
every convenience imaginable with its own pool, fully landscaped and 3
bed, 4 bath. There are very few like this. Priced at US$8,182,000.
Incredible value penthouse condo of 339 sq
mt. (3,450 sq ft), due for completion 2010. Will be sold partly
furnished for US$1,566,033.
3.64 acres on east coast of Phuket Island,
tsunami safe. An incredible opportunity for development at only
US$1,803,000. Two similar lots available up to US$5,790,000.
Ko Samui (Samui Island) is
situated on the east coast of the southern Thai peninsula. After Phuket,
Ko Samui is the most popular island retreat in Thailand. We have a
beach front vacant land of 1,240 sq mt
(12,500 sq ft) for US$152,000. This freehold land faces east from the
mainland across to Ko Samui in the Gulf of Thailand. Build your dream
house here. |
For information on the above properties, please phone
Mrs Arasi on + 60+12 639 1186
Bahasa, English, Tamil, Mandarin
(柑橘),
Cantonese (粵語),
Hokkien (福建),
Hakka (客家)
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