i have started creating a long list of developments we are going to see in December.
One more question, how come condos seem to be relatively more expensive than houses / villas - even when not beach front?
Developments people recommend or stay away from
I spoke to a guy last week from Wales who has bought in Avalon 2. They have a communal pool filtration system which does not work at the moment as only 6 out of the 30 houses have been sold and he reckons it won't work until all the houses are sold. He has a temporary system in place provided by the developer. He also told me that when he bought the house the guttering was not included in the package so he got that done himself. Apart from these things he seems happy with the house...
[ Edited until further notice ]
Please see this link for explanation:
http://www.huahinafterdark.com/forum/av ... t6971.html
Please see this link for explanation:
http://www.huahinafterdark.com/forum/av ... t6971.html
Crocodile?
Not to intrude upon this thread on the merits of buying at Avalon, but what is a crocodile please? I doubt it is the animal as it is included in a list of positive things and I can't imagine wanting a crocodile.
Hi, my partner and I are also seriously considering buying a property in Hua Hin. On our last visit we were quite impressed with Paradise Village Just off Soi 88, wondered if any of you had any input?? Also any other recommendations or tips would be a great help. Feel free to pm me, dont want to upset anyone. Cheers.
Have a look at Dusita Lakeside it has a webcam so when you are back in the UK you can log on and watch your house coming along its quite fasinatingBushido wrote:i have started creating a long list of developments we are going to see in December.
One more question, how come condos seem to be relatively more expensive than houses / villas - even when not beach front?
A new website has been launched with maps showing the location of the plethora of developments around Hua Hin and details on some of them:
Hua Hin Developments
Condos are more expensive as they are higher in demand because foreigners can legally own the freehold on them.
Hua Hin Developments
Condos are more expensive as they are higher in demand because foreigners can legally own the freehold on them.
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
My cat now gets thrown in with the pigeons. Why is freehold on a concrete box in the sky, where you still only have 49% say and control in the operation of the entire condo project, any better than freehold on the structure of a landed house with a trusted Thai entity owning the land?buksida wrote:Condos are more expensive as they are higher in demand because foreigners can legally own the freehold on them.
If one thinks the 51% Thai owners of a condo project couldn't or wouldn't sell the floor out from under them in a minute, think again.
Yes, you would still have the sky box but if the new owners wanted a change and people out, your life would become hell with neglected services and increased maintenance fees.
Farangs are in the same boat, either condo or landed structure on a leasehold. With a leasehold, I would say you've done your homework and you can trust the one or few individuals you've gone into partnership with. Much different than if dealing with 200 farang residents and a greedy new Thai owner of a condo project.
The only advantage of a condo is perhaps numbers of farangs banding together to fight any changes after a total property sale.
One thing with a landed leasehold is that you can fight a focused and direct battle if things go bad. With a condo, it's a world war, perhaps? Pete
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
One time in Asia a condo salesmen was trying to explain to me how I should pay a considerable deposit to secure a condo that was about ten stories up and to be built on reclaimed land at least a kilometer out to sea. The land hadn’t been reclaimed yet, so he was trying to get me to pay for a cube of air 30m up over the South China Sea. He failed to understand why I was not as enthusiastic as him about the idea!
Condos aren't the perfect real estate solution either.
Here's a story told me by a friend who lived in BKK for 5 years:
My friend rented a lovely apartment near Asoke in a condo tower built by a well-off Thai family who lived in the penthouse.
The family kept enough apartments in the building to retain voting control.
When they built, they put in a very nice swimming pool which helped attract condo buyers.
Well, after a year or so it occurred to them that a swimming pool is an ongoing expense with little ongoing benefit.
Being smart people (and having control) they drained the pool, put up a roof and, presto! a 7/11 which they could rent out thus turning an underperforming asset into a money spinner.
Buyers were less than amused to say the least.
Here's a story told me by a friend who lived in BKK for 5 years:
My friend rented a lovely apartment near Asoke in a condo tower built by a well-off Thai family who lived in the penthouse.
The family kept enough apartments in the building to retain voting control.
When they built, they put in a very nice swimming pool which helped attract condo buyers.
Well, after a year or so it occurred to them that a swimming pool is an ongoing expense with little ongoing benefit.
Being smart people (and having control) they drained the pool, put up a roof and, presto! a 7/11 which they could rent out thus turning an underperforming asset into a money spinner.
Buyers were less than amused to say the least.