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Old 20-01-2007, 19:24
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ATMwalking ATMwalking is offline
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Join Date: Jul 2006
Location: Phuket
Age: 47
Posts: 3,343
If you are new to the house market, the most cost effective and safest option is to find a good thai project developer with a solid track record and go the freehold convertible lease route.

If you want a holiday condo, buy seaview from the big boys that have board of investment privileges and get a freehold unit. 49% of units in an approved condo are up for foreign freehold. (I am sure thailand would grind to a halt of foreigners held 51% of the units in a building)

If you want security, don't go near thailand right now. If you are willing to take on some risk and believe in the near-term huge potential, bring some money you can loose. Odds are you will make a tidy profit once we are over the current xenophobic reaction to the possible looting of a former PM.
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