Owning Investment Property in Thailand 🇹🇭 (Video Tour)

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Can foreigners own Investment Property in Thailand? This video answers that question, and tours your through a multplex (multi unit rental property) for sale in Pattaya. I found a great place to walk me through the numbers, discuss the legalities of it and take us on a video tour. Then, we met the owner, who is an amazing guy, and he let us take a quick peek inside his INSANE house that is also for sale. Would you ever consider selling it all and moving to Thailand to buy something like this?? Comment below and let me know. And oh yeah, wait 'till you meet Lyle. This guy gives new meaning to the word 'chill'.
If you are interested in this place, contact the nice people at Coastal Real Estate who were kind enough to take the time to show it to me:
Website: www.coastalrealestatepattaya....
Office:
+66(0)81 269 0742 English
+66(0)90 236 2241 ไทย English
+66 (0)38 190925 ไทย 中文 English
Line ID : @coastal
or email them at info@coastalrealestatepattaya.com
Here are a couple of more videos of these same places:
The multiplex: bit.ly/2fGUYbK
Lyle's house: bit.ly/2u3acik
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Опубликовано:

14 июл 2024

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Комментарии : 315

@MariaGarcia-gv8hj 10 месяцев назад

Now I have more knowledge about personal finance. I just subscribed to your channel. Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are planning on relocating to Thailand. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment:|

@lovetypauline6530 10 месяцев назад

Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties.

@MariaGarcia-gv8hj 10 месяцев назад

No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Claire Martha Magalhaes to create a long-term investment strategy, and she assisted us in managing our investments while we focused on my jobs without any concerns.

@lovetypauline6530 10 месяцев назад

Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.

@MariaGarcia-gv8hj 10 месяцев назад

I work with *CLAIRE MARTHA MAGALHAES* ,who is based in the United States. If you would like more information about her, you can conduct a search online. She even got featured on CNN recently.

@davidomcculloch3109 10 месяцев назад

Maria, Thank you for talking about your financial consultant. I will definitely look her up and try to get in touch with her. I have realized that relying solely on RU-vid videos and attempting to manage my finances on my own hasn't been very effective.

@edgybear9915 3 года назад

Nice, I plan on investing in real estate soon.

@edgybear9915 3 года назад

@Higgins Moore interesting, can you tell me more on this, I'm interested😶😶

@edgybear9915 3 года назад

@Higgins Moore Which is more preferable A trading company or a trader?

@edgybear9915 3 года назад

@Higgins Moore I've seen different recommendations about Mrs Ellie McKenzie on some crypto currency videos here on RU-vid, she must be very exceptional for people to talk this good about her even on this platform!!

@edgybear9915 3 года назад

@Denise Allen really?

@edgybear9915 3 года назад

@Higgins Moore I once thought of Investing in crypto around July 2018 but was discouraged with the rise and fall of bitcoin. But seeing this I think I'll try trading with Mrs McKenzie

@IdeaStudioBKK 3 года назад

His personal house is baller. Also, a guy named Mohawk... it doesn't get much better than that.

@streetfoodquest4198 3 года назад

DANA!!!!!! Would you buy this place?

@IdeaStudioBKK 3 года назад

@@streetfoodquest4198 If it was in Bangkok, for sure. But Pataya life isn't for me. it's also a bit out of my price range. 5555. But Jib and I have some long term plans for a pad and design studio in BKK in the next few years hopefully.

@lukerabin5079 2 года назад

@@IdeaStudioBKK cool! I’d love to talk to you about that Dana. Mine and I are thinking about similar ideas, in similar locales.

@IdeaStudioBKK 2 года назад

@@lukerabin5079 Def hit me up, always happy to chat.

@CaneBTC 3 года назад

Wow, prices are much higher than I expected for such high risk.

@cherryberry2961 3 года назад

Thailand is more expensive than people think.

@markthomas1341 3 года назад

Yes ....i agree....didn.t expect those figures ....even with the "Wow" factor

@packageism 3 года назад

Price is high but doesnt means its worth that or that he will sell it for that!!!!

@epasternak4206 3 года назад

@@cherryberry2961 it certainly can be of course, it really depends where in Thailand and how you wish to live. This is only one option. Cheers and beers!

@borstalD91239 3 года назад

Asking price don't mean much now....buyer's market not sellers

@dfilion3 3 года назад

Personally if I was selling a 500k house I would rent in Thailand and buy Bitcoin after it crash. In 10 years it would likely be a better deal.

@jonklause5130 3 года назад

BUY BITCOIN

@packageism 3 года назад

And ethereum

@markthomas1341 3 года назад

Absolutely right....

@kiwi123467 3 года назад

Buy zil stake in moonlet or liquidity pool in zilswap earn 10% daily

@packageism 3 года назад

@@kiwi123467 just another shit coin?

@billiam4835 3 года назад

Easy to buy very difficult to sell

@sirrebral 3 года назад

The 500K USD scenario means financing about 1.75M US. Let's assume that the seller wants a 5% return on his loan; that's a payment of $9,400 per month (assuming principle & interest over a 30 year amortization period). So the 300K THB per month in net rents (~$9,150) would be a small loss of $250/mo...and that's before factoring in things like vacancy/turnover, taxes, depreciation, dips in market value, etc. It's not necessarily a bad option as an owner-occupied place, especially given a possibility of earning equity over the long term (maybe), but it's not a no-brainer investment either. For example, one might take that 500K USD and invest in funds that average a 4% annual return; after capital gain taxes, one would net about $1,350 per month, which is close to double what it costs for a long-term rental in Thailand.

@vanhocwong6689 3 года назад

Just my opinion, but I suspect when you buy into the company, there will be loan/s inside the company. If anyone is interested, I hope they employ an independent accountant to go through the books. Pattaya, like the rest of Thailand is suffering a downturn in tourism. So you really need to understand the full impact of what you are buying. Just have your eyes wide open.

@marquis51 3 года назад

indeed seems much easier to invest in funds

@vanhocwong6689 3 года назад

@@marquis51 Pls don't take this the wrong way. Its just that when you are thinking of investing $1M plus, you should do proper due diligence. And one should further note, in a down market, properties are one of the hardest to turn into the liquid cash. I heard many businesses and apartments are up for sale, throughout Thailand

@kippsguitar6539 3 года назад

thats right, for rental income buy small 1 bedroom places and get big yields, bargains galore now

@willsmith39 3 года назад

@@kippsguitar6539 Even if for some reason you don't want to invest in funds but property, why property in Thailand and specifically a place like Pattaya? I'd be doing something like this in a country where I understand the market better, the laws weren't different for foreigners and crucially where both rental yields and capital growth on the assets was high. I don't know anyone who has bought into condos in Thailand and made huge returns, mostly I know people where it didn't do much or went down. And second hand condos in Pattaya can often be quite illiquid. Whereas if I'd stuck my 2.5 m USD in Vancouver or Melbourne or Miami 5 years ago then I'd be looking at pretty healthy grains. ( I'm using the 2.5 because that's what this costs - not because I've got it in a suitcase in front 9f me 😄) So I'd say buy in the place you know and use the money that investment throws off to fund your life in Thailand. People get caught up in renting is a waste of money, it absolutely isn't if you could using your asset purchase money more effectively some place else.

@packageism 3 года назад

Hard to find tenants to pay such high rent and a BIG hassle. One tenant on top floor is from Russia having parties and annoying everyone else. Better off buying a commercial shop near a popular shopping center. 1 tenant 1 rent and easy to rent out if in a good area. It’s what we did

@vanhocwong6689 3 года назад

Today, its 11,000 plus cases, and 101 deaths. This is Not going to end soon, unfortunately. And things around the world is Not getting any better. Definitely not the best time to buy any major property.

@brucef310 3 года назад

so a 99% chance of survival. I like those odds.

@radical9er 3 года назад

Chris is offering an alternative solution, how to probably die with a heart attack when you realized you have been screwed and ot's too late.

@bannertraveller5879 3 года назад

@@brucef310 RIP

@brucef310 3 года назад

@@bannertraveller5879 I'm vaccinated

@bannertraveller5879 3 года назад

@@brucef310 good!

@Adrian-S. 3 года назад

Both properties are incredible, but why is Lyle selling? short answer might be: no business, no renters. Which is very sad indeed. The reality in Thailand at the moment is truly worrisome. I really hope they will pick up business soon. It's good of Chris to show us these properties. It's good if he can help out the businesses. Good luck!

@brucewayne2773 3 года назад

Most of those complexes looks like they are empty at this point? why is he selling is a great question. You can buy or build a lot of nice places for his asking price.

@besouniveirs.1643 3 года назад

The funniest thing would be Lyle buying a mansion in California with all that cash a stupid farang would bring him.

@vintageexcellence 3 года назад

@@besouniveirs.1643 ha ha - 4 and half million won’t buy a mansion in California anymore, stupid falangs are the ones living in California trying to make a living with a California business that has a worthless workforce of entitled people and taxes going higher and higher every year.

@radical9er 3 года назад

There is a bigger problem... global warming and sea level rising... Business wise, there so many empty properties for sell. They over built that city. Billions are frozen... Maybe Chris is a nice guy but he is not someone you can't trust for investment. He is either a dummy or a con.

@brucewayne2773 3 года назад

@@radical9er Chris is a very wise investor as we all know. He is just making content for his vlog, I don't think anyone is serious enough to consider buying anything especially multi million dollar properties in Thailand. At least I hope not.

@nickross4307 3 года назад

IF ITS SO GOOD WHY ARE THEY SELLLING ???

@dcm699 3 года назад

I think sticking your 500k in an Index Tracker at 10% compounded would be a good option under current circumstances...and give you a nice income for a care free life in Thailand imo. Taking a deep breath and buying a 3 mil condo in the current situation which could last 2 -5 years yet is just too much risk IMO.

@Nautilus1972 3 года назад

500K into Bitcoin now will be 5 million one day within a few years. Your way would take 24 years to accrue the same gains.

@kiwi123467 3 года назад

Rent buy zil or port on zilswap earn passive income exceeding 300%

@porkpie8667 3 года назад

It's such a good deal. That's why he's selling it .

@BrandonGolets 3 года назад

Exactly.

@hf3419 3 года назад

Exactly, can’t rent out at such prices nowadays….. duh….

@porkpie8667 3 года назад

@@hf3419 none were occupied in the video . 50k per month you would be lucky to receive 8k per month now . They do look good in the video

@radical9er 3 года назад

Great deal for them "wink" "wink". In fact in one deal he can secure all the necessary fund for his daughter's MBA =)

@porkpie8667 3 года назад

@@radical9er most people think these RU-vidrs are doing for a hobby . They are getting paid for reviewing places or adverts like this one .

@Moskvich007 3 года назад

Have a good life Lyle in your crazy house. Tell us when the walking street is back

@dr.winstonsmith 3 года назад

Too much risk right now to drop that amount of cash for property in Thailand.

@dr.winstonsmith 3 года назад

@Bapo Boy If the “situation” restrictions keep fluttering in and out then you’re not going to get enough expats to fill your units and you’ll lose a lot of money. Too much uncertainty and the price is high, bad combo.

@BadApana 3 года назад

This is my favorite video of yours so far. Both properties really are amazing and wonderful!

@andrew_to 3 года назад

Love these property videos. Excellent work. ⭐️

@nickross4307 3 года назад

YOU WOULD HAVE TO BE CRAZY TO BUY ANY OF THIS....... WAY OVER PRICED AND TOO MANY UNCERTAINTIES..

@markthomas1341 3 года назад

Another great video Chris....stunning rentals and a really great property that Kyle is selling. Fingers crossed for my Lottery numbers to come up....🙏🏻🙏🏻🙏🏻🤞🏻🤞🏻🤞🏻🤞🏻

@tianly6177 3 года назад

Beware of the deal that sounds too good to be true. Beware.

@nickross4307 3 года назад

WHY IS LYLE SELLING.......???????

@TheJHyvo 3 года назад

Only dark clouds over Thailand right now, so even if i would love to start invest thailand and pattaya, nobody can be sure what happens next year or two. Baht can go weak, tourists cant enter country, hell there can be even law soon that no farang can own anything in thailand. Losing 500.000 dollars is so easy.

@DarkoFitCoach 3 года назад

Yes rules change on the daily

@acboys6991 3 года назад

So true wait and see

@epasternak4206 3 года назад

Absolutely, the country needs a new government IMO and fast.

@Mr.TravelKing 3 года назад

Thanks for the insight Chris! Very helpful for those looking to buy property in Thailand.

@stevemyers2092 3 года назад

he should know he has a $2.5-3 million USD property on Samui

@Mr.TravelKing 3 года назад

@@stevemyers2092 Really? I did not know that, in that case he should know.

@besouniveirs.1643 3 года назад

@@stevemyers2092 the Moonstone villa? I was wondering how easy he rented what was listed on Bookingcom as a 61k/MO villa as a family getaway. Makes much more sense now.

@willsmith39 3 года назад

@@stevemyers2092 That means he has a 2.5-3m place on Samui. That doesn't make this, or even that, a good investment necessarily. But I'd be way happier of the two options to have that sort of money sunk into Samui than Soddom & Gemmorah on Sea. But I'd never put the sort of money into Thailand property anywhere. Just way to many risks attached and not enough upside. If you'd bought a parcel of beachfront 20 or 30 years ago in Samui then you've done very nicely I'm sure. But I'd be taking money out of Thailand right now not putting it in.

@ynotneb 2 года назад

@@stevemyers2092 Just checked the Moonstone Villa. They are listing it on AirBnB for US$2,000 per night! Plus, they list themselves as a Canadian and Korean owners of the property -- which is impossible, unless they did something illegal. I think there is more to Chris than the fanboys and fangirls on this vilog realize.

@doughunter8396 3 года назад

Nice to see these kind of options are out there in Thailand.

@method341 3 года назад

80 million baht.....get ouuta here!

@findyourfocus 3 года назад

This would be a foolish "investestment". It's more like a "divestment" a retire would never live to see a return and have to live with the stress of running a risky rental business that could go sour at any time. Better to just rent and enjoy your retirement as you should.

@snoopy13946 3 года назад

I haven’t even sat down with a calculator and already, as the guy is saying the figures and my brain is doing rough and quick calculations , I’m thinking that’s a poor investment.

@vintageexcellence 3 года назад

If this property worked like in the west and you could raise rents 2% a year and the building had appreciation then it makes sense. Also we buy on loans in the west so 80% is usually financed and we get 4% rates on commercial property right now if the cost is owner carried loan is not favorable then it makes it way less interesting.Trouble is so far these places don’t go way up in value over decades like back home. Hmmm that could change some day as foreigners are given the ability to buy land in Thailand which will happen someday.

@antruok4950 3 года назад

Super impressive set up - Lyle rocks 👌 - thanks Chris 😃👌👍😎🙏😷🍻

@besouniveirs.1643 3 года назад

Yeah we all know how well the whole "invest in condos" scam went even for locals with maintenance fees higher than the rent they could possibly get.

@WereinHuaHin 2 года назад

Nice peek into a different world! Thanks for showing around

@cherryberry2961 3 года назад

Never invest in a country (Thailand) that you cannot acquire citizenship in!

@packageism 3 года назад

You are misinformed. I am married to thai with work permit earning 40,000 baht a month for 3 years. After 3 years I can apply for thai citizenship. Can take up to 3 years

@webosm6494 3 года назад

@@cherryberry2961 Personally know people who did that but they lived already more then 15 years in Thailand, spoke Thai and had a good job and money in the bank. It is definitely not easy as the low numbers of foreigners per year suggest (about a 100 or so).

@packageism 3 года назад

@@steveb1294 Maybe you should avoid bar girls.

@ynotneb 2 года назад

@@packageism I've lived in Thailand for 40 years...had a Thai wife. Am fluent in the language. I have no chance of becoming a citizen. You need to read up on the requirements a bit more.

@theslifestyle2030 3 года назад

Wow !! Super Crazy house and rental property Chris ! Thanks for sharing.....Def looking at this.

@swedishburrito5073 3 года назад

👍🍺 Great video!

@seanwitt864 3 года назад

Chris, been a subscriber for many months now. Enjoy your videos. I was pleasantly surprised to see you working with Coastal. I recently worked with Kevin and the Coastal team to purchase a beautiful beachfront condo just north of Pattaya. I'm not an easy customer and Coastal worked very hard to meet all of my goals. They're very knowledgeable about the market and they were always very honest in dealing with me. Can't recommend them enough. Keep up the great work Chris!

@kippsguitar6539 3 года назад

i have been giving the opposite advice in south east asia for years, never sell your house in the west, cash in and move to thailand, fraught with danger, instead, live a great life on your fat western rent and chill unless you really know what you are doing

@stevemyers2092 3 года назад

that's what i am planning on - 4 condos rental @ $2300 each - $300 for condo fees = $2K each (easy) = X 4 = $8K less $2K (25% tax) = $6K after tax dollars to live on while my properties only appreciate. Can live on $6,000/month without a problem. likely spend $3-4K max and bank 2-3k/month = $25-30K year .

@michaeldo1988 3 года назад

love you chris!

@narellec 3 года назад

Haha took the words out of my mouth. Soooo looks like Melrose Place!

@robbieblackburn2880 3 года назад

Tell him he's dreaming

@Cimon422 3 года назад

I would like to see something like this but for cheaper price... All the videos I've seen it's for millionaire

@alanrankine1255 3 года назад

Hugely entertaining and very interesting Chris. Thank you for posting. But wow, both properties are way more expensive than I was expecting and a massive risk too. But PLEASE do post more real estate vids - Koh Samui maybe? 🙏

@radical9er 3 года назад

He should stay away from investment. He is embarassing himself and insulting our intelligence.

@alanrankine1255 3 года назад

@@radical9er Nah, I don’t see it that way. I see it as informative and most of all entertaining. No one is here for investment advise (I hope!).

@arnoldvosloo220 3 года назад

@@alanrankine1255 He could at least be honest about some of the cons of such a deal and pushback against the insane asking price. He is presenting this as a good investment when it's not.

@ynotneb 2 года назад

Perhaps Lyle paid him to do a promo?

@radical9er 2 года назад

@@ynotneb he should have disclosed it to the viewers and also not lie, pretending he is giving a great investment advice. Would dupe people because someone paid you to do so?

@tomiasthexder7673 3 года назад

A fool and their money are easily parted.....

@jomontanee 2 года назад

Wow, great maintenance. 55k a month with 2 baths and 2 beds, full blown kitchen… worth it.

@a_pullin 3 года назад

eh is this a series of unlabeled sponsored videos?

@willsmith39 3 года назад

Love you Chris. But I'd run - not walk - from both of these even if Pattaya wasn't currently a giant homeless ( non) shelter. Which it is and God knows when it will come back and in what form. But even in the absolute boom times dropping 5M USD total in Soddom & Gemmorah on Sea for a mini condotel and a weird office complex come random 'villa'? Yeah - hard pass. On the condotel your current rental income would be a fraction of the numbers quoted. The house - I'll drop my 2.5m USD in the South of France and if it's going to be on Thailand it would be Samui or Phuket - not sleazeville. And I wouldn't be spending that kind of money on Thailand, too many unknowns. Maybe the next coup they won't be so keen on foreigners owning anything. Just rent people. You can rent awesome properties for peanuts there and it's not going to be leaping back up again anytime soon. Lyle seems a nice guy. Hopefully he doesn't need to get his money out fast / ever. 😬😬

@hammerhammer4784 3 года назад

Wish Chris would tell the truth about investing. He's so hell bent on being the good guy thru this pandemic. If I listened to his advice I'd be broke asf.

@Angelsk007 3 года назад

Amazing!!! thimkimg about this

@aussiebob7923 3 года назад

Awsome Units & Unreal Private Home

@s.m.l.8040 3 года назад

Where is the ocean view? You can ask every real estate agent, what are the 3 most important things when you want to buy a property? The answer is: location, location, location! Without ocean view I would never spend any cent for a condo in Pattaya. Pattaya anyway is a very difficult market for real estate investments. There is far too much supply and vacancy and far too little demand, even before Covid. And the construction quality of most buildings is poor.

@ynotneb 2 года назад

Besides, the ocean view in Pattaya is nothing compared to the Andaman Sea coast. If you want views, the rent cheaply and endlessly visit all the amazing beaches in southern Thailand.

@MrZola1234 3 года назад

I’d be more interested in owning a lower to middle class multi unit place that locals rent.

@iwjduean1 3 года назад

55000 per month to rent a room,I rather than buy a condo better. In Thailand , I recommend condo for living not for investment,

@godswillisaiahbassey680 2 года назад

This apartments are beautiful, wow! Wow!!

@junglegeorge971 3 года назад

Damn, when can I move in? Super sweet! 💪❤️🇺🇸

@radical9er 3 года назад

Make sure transfer to Chris half a million dollar first... you know what? Don't come... join the homeless and morrons in LA =)

@Perfecthomescnx 3 года назад

interesting watch

@cappuccinopapi3038 3 года назад

I really don't know about this one... still it was entertaining

@andrewmack2161 3 года назад

Investing in property in any country is a big risk unless you understand the property market in the area. The Thai property market has been artificially high because there are so many Chinese investors desperate to get their money out of China (and away from the CCPs grasp). On top of that the explosion of the Thai middle class has given them some money to make investments in rental property, especially for airbnb income. So with the tough times in Thailand at present, there is lightly to be an excess of supply over demand, so Thailand is definately not a wise investment for a quick profit. Long term is a risk but will probably be OK like most other countries in the world. But be aware that property in Thailand can often take a long time to sell (1-2 years) if there are other newer developments in the same area, despite being correctly priced. Your money, your risk.

@jagman4111 3 года назад

there have been much much better appartments for rent in other vlogs in nice areas and sea views for significant less - so the rental income at that level sounds a bit of a fantasy to me

@effie-montreal 3 года назад

Chris what a cool video thanks for the video

@4KChillVibes. 3 года назад

Now that house is epic... and i bet has seen some even more epic parties.. Chris this share holder votes that this should be the venue for the first ever combined EGM and AGM for the shareholders of RWFY

@sunnienie239 3 года назад

It’s very beautiful luxurious apartments so to call the price as high as praying for the hotel

@SewbyPamela Год назад

Chris, this place is absolutely amazing 🥰 I would love to stay during my visit to Thailand if it’s available.

@KH_Minimalism極簡人生 3 года назад

Great sharing Chris Assuming this property ( multi-apartment building ) able to fetch an annual rental income between THB 3.5M to THB 4M ( for the total 10 units base on pro-rated occupancy under the normal circumstanaces ), it would provide a gross rental yield of 4.5% -5.0% base on a THB 70M investment. The rental income for the company could be improved by coverting some of the 200sqm units into smaller units since the rentability and individual rental yield could be higher under the current pandemic market. This can be a perfect match for someone who is looking to settle down with a establised business In Thailand which come with work permit, especially with substantial saving on transfer fee (2% I presume ) since this is just a take over of company shares instead of the normal property title deed transfer. Property investment is all about long term and requires holding power, everything is for sale at the right price I guess. Wish you guys all the best.

@vanhocwong6689 3 года назад

You should remember, the company which owns this apartment is 49% owned by the foreigner (Lyle) and 51% owned by a Thai national. You need to ask whether this price is Lyle's share or is it the whole company - note, you can't own 100%, so its likely the 49%. Secondly, my experience with Thai companies, is they are highly leveraged. IMHO, if anyone is interested in this property, they should hire an independent accountant to conduct a due diligence.

@KH_Minimalism極簡人生 3 года назад

@@vanhocwong6689 Absolutely, also check especially any back to back agreement for the Thais directors' holding under the company and as well as how many working permits available under the current organization setup, etc... "1st rule of investing, only invest in something a person understands ", your good point is helpful. （ normal practice for the take over of business do include the Thai's holding which include the back to back agreement, otherwise the investment is meaningless/risky). It is open market will willing seller and willing buyer, hope Lyle find the right buyer soon. Property investment is very illiquid which should be the main concern for any buyer.

@leonardburns4589 3 года назад

COOL !!!

@aaronbux1 3 года назад

Christoph .. as always .. taking care of the people's questions and needs. Thanks Chris! .. and Adam for the stellar camera work!

@RetiredWorkingForYou 3 года назад

Glad you enjoyed it!

@junglegeorge971 3 года назад

Wow… holy guacamole, Batman!”

@orangeguy3314 3 года назад

My property in Las Vegas has more than doubled in value from the time I got it in 2016 and will continue to increase in value. My home could very easily to rented out and managed by a real estate company. There's very little way to gauage the value of property in thailand and rather it will increase or decrease in value over time.

@AbroadInThailand 3 года назад

I'm already in Thailand now I just need to get the money to invest!

@The_Lambs_Bread 3 года назад

55k a month ain't cheap!

@Cimon422 3 года назад

The problem with purchase in Thailand is we need to have Thai person who sign with you. So this it's mean when you finished to pay the property, this Thai can say to you... Bye bye baby and keep the property you paid... And you can do nothing for protect yourself because the law in Thailand protect Thai but not farang...

@vanhocwong6689 3 года назад

They are selling the company (at least 49%) which owns the apartment block.

@natdechawatjaiyasan8816 3 года назад

Happened to a uk bloke few years back in Phuket. Very sad indeed

@pluto2010 3 года назад

Minor observation... Coastal is misspelled "Coatal" on the introduction.

@Irani_guy 2 года назад

Hey Chris I am coming to Thailand to buy a condo. Would you recommend buying in Koh Samui or Bangkok? I want to use it once a year and rent it out.

@sno_mouse1235 Год назад

As awesome as that house was I would rather have something smaller.

@ExtroLurkerhaz 3 года назад

It will take a long time for Thailand to get through current struggles, but as the baht keep loosing strength investments like these can be good ideas. However its not high time yet for the high rollers to move in and take over business, they want the ones thats collapsing and just need someone with liquidity to move in and prepare for tourists.

@lukerabin5079 3 года назад

You’re right! It’s exactly the same vibe as Melrose Place! And Lyles place could be a totally baller night club!

@ynotneb 2 года назад

dream on Luke

@lukerabin5079 2 года назад

@@ynotneb that’s all what old guys like me do anymore!

@tomheraty7456 3 года назад

Love the apartment building Would you guys Give 72 million baht to get 3.6 million in a year 5 or 6 % yield for Thailand I think even at 10 % yield not for Thailand I feel for the risk you would need 12 % to 20 % yield

@charleskeegan248 3 года назад

Yes you will find a higher percentage yield from other projects for sure. The key to this is its unique style and large luxurious theme couple with location a few minutes to beach and city surrounded by amenities. You’d probably need to have a personal interest in the area and positioning yourself there as did the current owner as he lives between here and BKK. The 38 min Hi-Speed rail to BKK in 5 years time will hopefully play a major part in the long term investment in these large investment properties. Let’s see! For any specific searches give us a shout at Coastal and keep an eye on the website for more listings… www.coastalrealestatepattaya.com Thanks, Charlie Coastal

@seabrookcity8778 3 года назад

What is the cost of property taxes yearly where could i search to find out more?

@webosm6494 3 года назад

Property taxes are very low, nothing to worry about. For a condo service costs are the main thing to watch out for. Also for water and electricity rates as they are sometimes sub meters from a building, with usually high rates.

@manvindersingh4384 3 года назад

Hey mate I watched a video from another guy he show some of elephants farm kind of farm they struggling with food. Can you make a video please and we happy to help them. Please please do that video there are soo many elephants and other animals need our help support. I can trust you mate.

@packageism 3 года назад

His living areas are great but everything is open and full of mosquitoes. I hate being bitten by mosquitoes when chilling sitting around

@AcmeRocket 3 года назад

His brother's name is crewcut

@English.with.Mateusz 3 года назад

72,9 M THB during a crisis? Sounds a bit too much.

@Happyhealthyhorses2012 3 года назад

I’m sure this is a well meaning video. But the comments below speak for themselves.

@nickk9499 10 месяцев назад

This is just as expensive as western prices, if not more !!!!!!!!! Lyle is a shrewd hussler

@Neednoy2 3 года назад

If the vdo stated the number of renters will come with the property , it would be very helpful.

@Nautilus1972 3 года назад

500K into Bitcoin now will be 5 million one day within about 3 to 4 years.

@matthewyaquinto4662 3 года назад

That selling price doesn't make the investment worth it. You would earn a max 4% return if everything went perfectly. Too much risk for little reward..

@graphicslost3046 3 года назад

the place is called life beach for the condo

@Stock12345 2 года назад

Do you invest in the Thai stock market?

@JohnLee-ht2pq 3 года назад

2.25 million for a 49% interest in the company?

@vanhocwong6689 3 года назад

Foreigners can't own 100% of Thai companies, so yeah.

@linsayhenry920 2 года назад

What did you do for a living prior to vlogging?

@RetiredWorkingForYou 2 года назад

worked in the film and TV business for 20 years! but on the non-glamorous side supplying camera gear and post production services.

@jasenwright1178 2 года назад

'You take over the company and away you go'!! How?? 51% of the company must be Thai owned!

@kenplummer4644 3 года назад

On the condos for sale, good to include the monthly assessment and tax costs, if any.............

@blaze376192 9 месяцев назад

So whats the average cash flow a month?

@zeebooboo578 3 года назад

Hey Chris....why you advertise haven for sale and there's no human there???

@epasternak4206 3 года назад

It's a risk, go with the gut, and mine is 50/50 at the moment, New government is needed pronto! Pattaya Definitely would not even be a consideration for retirement in Thailand, like ever.

@jorgenmansson4269 3 года назад

As usual, do not invest money in Thailand that you can not afford to lose.

@totalkoss6096 3 года назад

@Jörgen Månsson, This concept applies to every country! However, Thailand's real estate market will not enable buyers to easily flip real estate property for easy/significant profit. Similar to the U.S. real estate market, where real estate has a long and strong history of being a profitable new and resale market.

@gregandkaruna6674 3 года назад

Especially during a serious virus outbreak where you have close to zero income, yet still have expenses to pay!

@mixalis6168 3 года назад

You must be simple as, those words are said anywhere in the world !!

@M0NEYBALLS 3 года назад

@@mixalis6168 keep it simple yeah? Thailand is not developed and has many more currency, political, economic risks to name a few.

@ivari75 3 года назад

with a name like that he should have one...

@itsjazzyjamtime4198 3 года назад

wow amazing property, but I shouldn't have Watched The Serpent before viewing this vlog the apartment block had a similar feel to the one in The Serpent or is it just me...However, should be a great investment opportunity at a lower price,c19 recovery dependent and how the political situation pans out. QUESTION ? What is the reason for the vendor putting the apartment block on the market? are any of the apartments Occupied long term / short term?

@swhiting100 3 года назад

Lol!

@natetran9987 3 года назад

any missing foreigners in the area, with recent stay at the property? would make a pretty cool netflix series.

@harryshannon2579 3 года назад

You done good this time m8:very interesting video. not a great deal but I think you can get the price down. Keep up the good work .👍👍

@escapewithus7892 3 года назад

We are looking to buy for 2.5 million baht😂 not sure what type of sausage would sell everything to buy into debt at 55+! I’m 31 and still wouldn’t take on 1.5 million dollar debt in Thailand the sun will burn that investment up before you get 10% of your initial 500k investment🤷‍♂️ (not a financial advisor) 😂

@jesuisrobert808 3 года назад

he is asking too much for so little rental income and at probably higher interest rates than in the US. There is no buffer for unforseen capital expenditure issues. Good luck with that price and rental income.

@ynotneb 2 года назад

Places in Thailand that used to rely on tourist income (Pattaya, Phuket, Koh Samui, etc.) are being TOTALLY transformed by the pandemic. No one should expect the situation to return to what it was like pre-Covid. With such a huge unknown future, it would be insane to invest in the Thai real estate market until the dust settles and the trends are a bit clearer.

@jamesbond926 3 года назад

Is there lifts

@414ninja 3 года назад

As a real estate investor and realtor, I love this video Chris! I will reach out to Mohawk, not to buy this particular property probably, but to at least understand the process of buying investment property in Thailand. Thank you again for sharing!

@RetiredWorkingForYou 3 года назад

Best of luck!

@charleskeegan248 3 года назад

That’s very good to hear, we really loved the job Chris done on these videos. We make videos ourselves all the time but Chris is so good on camera. Feel free to drop Mohawk a line any time he’d love to hear from you… mohawk.cr@coastalrealestatepattaya.com Thanks, Charlie Coastal