FreeTime Posted July 24, 2007 Report Share Posted July 24, 2007 If you have a modest amount invested in the one bedroom condo, and don't especially need the cash for any other reason, you might consider renting it out. If you do rent and then decide to sell it later, you will back in BKK to deal with this issue. As others have cautioned, the condo market might be reaching some kind of plateau. Condominiums are often on the leading edge of any real estate decline. Developers tend to overbuild in Thailand and elsewhere, and the market gets saturated. On the plus side for selling, it will be into a strong market, and the baht is at very high levels against many foreign currencies so you may get an exchange profit as well after converting the proceeds. Link to comment Share on other sites More sharing options...
cardinalblue Posted July 24, 2007 Report Share Posted July 24, 2007 The cost of living as well as prices in bkk will only go up... If you can ride short term financial bumps and periods, then hold onto it as the value of it will only rise as will rental monies on it... Think Hong Kong 15 to 25 years ago... CB Link to comment Share on other sites More sharing options...
.. Posted July 24, 2007 Report Share Posted July 24, 2007 ...as the value of it will only rise as will rental monies on it... Think Hong Kong 15 to 25 years ago... Dude, you are not *seriously* comparing the most capitalistic and free economy in the world, even of 20 years ago, with Thailand are you? 55555555555555555555555555555555555555555555555 Stop it, my gut hurts. Yer killin' me 55555555555555 Stop it....please..5555555555555 Cheers, SD Link to comment Share on other sites More sharing options...
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