PLOT OF LAND NEAR AIRPORT

[andylambert]

HI,

HOW MUCH SHOULD I PAY FOR A PLOT OF LAND CLOSE TO THE AIRPORT?

THE LAND MEASURES APPROX 1/2 RAI AND HAS ELECTRIC AND WATER.

[FrazeeDK]

Andy,

you can have our Thai half check selling prices of land for various areas in Udon at the Provincial Land office.. They know exactly what everything is going for.... This even when the seller tries to fudge the price in an attempt to avoid taxes.. The land office knows the true value.

[andylambert]

Thanks for that, I will get my sister in law to go and have alook.

[ntvillas2]

The Value is Worth What you want to pay. 250.000 Would be OK. wait till The Rain Comes and see if its Flood Land Before you Buy.
if you can buy it at a good prices it will hold its value.
only pay what you can Afford.
land can only Go up in the next 5 years

[arjay]

land can only Go up in the next 5 years

Famous last words??!!

Whilst that has been the pattern so far, there are certainly no guarantees. And it only takes a scare, change in Immigration rules, Mad chicken outbreak, or whatever, to bring things tumbling down. It's happened before.

You should never assume that things can only go up. Indeed if that is the conscencus, then that's usually the time to get out.

[Astana]

I find ironic that any foreigner would want to buy land in Thailand when you can't own it, sure you can spin how you like but the bottom line is that you can't own it.

Yea Olde Thai Adage fits nicely: We want your money but we don't want you!