cavanami 558 Report post Posted December 18, 2014 Every condo should be required to have enough parking for the residents! My last condo, residents had 2, 3 and 4 cars...WTF!!! They finally issued key cards, one per condo, to open the gate to allow access to the parking. Of course, once one car was parked the same condo resident would park their other 2 ~ 4 cars completely fucking up parking!!! Do like Japan, you cannot buy a car unless you FIRST prove you have a parking place!!! 1 Share this post Link to post Share on other sites
khunsanuk 335 Report post Posted December 18, 2014 Hi, By law they have to only cover 40% of the number of units. So, 100 units = 40 parking spaces. I will not be living in the condo myself, so the parking doesn't bother me too much, but yes, it is fairly ridiculous. Sanuk! Share this post Link to post Share on other sites
cavanami 558 Report post Posted December 18, 2014 Just items to know about and consider. Any negatives make it harder to sell, like inadequate parking, etc. Share this post Link to post Share on other sites
khunsanuk 335 Report post Posted December 18, 2014 Hi, Good point. Sanuk! Share this post Link to post Share on other sites
BelgianBoy 118 Report post Posted December 19, 2014 p.s. Best advice I've had is to wait or the next crash. Then you'll be able to buy houses cheaply! come to Huahin, the russians are all selling....... Share this post Link to post Share on other sites
cavanami 558 Report post Posted December 19, 2014 Even more condos in Pattaya... Share this post Link to post Share on other sites
torrenova 18 Report post Posted December 27, 2014 Get on the management committee as you will be fighting tooth and nail for the first few years to try and get the sinking fund finances back under control. Likely is that long term, way over the odds contracts have been given to stooges of the developer for tv, satellite, security, all electrics etc. and cash will go missing. Of course, the unsold lots and those given away during construction in lieu of fees will never pay their subs so yours will rise accordingly. Only when in final control of the management company will you be able to sue to get the condos sold to meet missing fees (essentially cancelling their leasehold) and then they will pay up. Shit loads more to add if you want. I do quite some deals in Pattaya but not Bangkok so far. Share this post Link to post Share on other sites
Pom Michael 53 Report post Posted June 27, 2015 So - how did it end up? Worth it? Anyone heard of MBK Guarantee company? Share this post Link to post Share on other sites
khunsanuk 335 Report post Posted June 28, 2015 Hi, Tenants are moving in middle of next month; they signed a 2 year contract paying me slightly more than my mortgage payments. So, yes, so far it is working out okay. Sanuk! Share this post Link to post Share on other sites
Flashermac 1403 Report post Posted June 28, 2015 One of the members of the VFW post bought three condos dirt cheap after the 1997 crash. He rents out the two smaller ones and lives in the big one. He told me the rent has more than covered what he paid for all three. Share this post Link to post Share on other sites
