3 Ways to Buy a Villa in Koh Samui, Thailand 🇹🇭

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  • Опубликовано: 5 окт 2024
  • What are your options when buying a house or villa on Koh Samui, Thailand? This video will show you 3 ways so you can begin living in Thailand!
    Every time I go back to Koh Samui I meet more people who are deciding to make it their home, or at least their 2nd home. Join me as we look at a Turnkey Resale Villa, an Off-Plan Development and a Bespoke Villa that is half done and gives the opportunity to customize the finish how you like.
    Contact RW4U Real Estate: connect@retiredworkingforyou.com
    (this is a new project spearheaded by my nephew Adam and our goal is to try our best to help anyone in this community find their villa or condo of your dreams when you are ready to start spending more time in Thailand)
    My followers now get 10% off at my favorite Beach Resort - Melia Koh Samui. Just contact them and tell them you know the secret code "RW4U" and they'll give you 10% off. Just my way of thanking you all.
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Комментарии • 474

  • @RetiredWorkingForYou
    @RetiredWorkingForYou  2 года назад +31

    I'm so happy to be working with my Nephew with the mission to create things to help Thailand Lovers get closer to the country we all love so much....so if you are looking to buy or rent something here it's Adam who'll be your first point of contact. You can reach him here: connect@retiredworkingforyou.com

    • @SofyaBarth
      @SofyaBarth 2 года назад +5

      How can you buy it? If u are not Thai?

    • @adventuresfloridatothailan5217
      @adventuresfloridatothailan5217 2 года назад +1

      @Mauwie Morris 30 year is no guarantee. they can throw you out!

    • @SofyaBarth
      @SofyaBarth 2 года назад

      @@scott8057 ?

    • @robdavinroy1761
      @robdavinroy1761 2 года назад +3

      @@SofyaBarth you have to be married to a Thai to own individual houses . The only thing you can own is high rise condos.

    • @mixalis6168
      @mixalis6168 2 года назад +4

      @@robdavinroy1761 Not true ~!~~ Land you can't own, house yes!!

  • @brihanwoolman2217
    @brihanwoolman2217 Год назад +48

    We’re planning to retire in BKK soon. But each person/family needs are different, but ditching out 5-10 plus millions Baht doesn’t making any sense to us. Instead putting 5-10 millions Baht into Index Fund and living off on your return and use that money for rent. Rent in Thailand is cheap. This way we will never run out our investment principle. If your circumstance change, you can move, instead of struck with a property you cannot sell and recoup your money. That’s are plan, rent instead of buying. We want to be mobile, if the neighborhood change, we can move to another location.

    • @txcavi
      @txcavi Год назад

      You can buy a condo for around 3.5 million Baht and less. More also but it depends on how many people you have loving with you.

    • @man4YAWEH454
      @man4YAWEH454 Год назад +2

      Not to pry, Can you recommend any index funds that have been promising or look to be in 2023? 😁 Have a blessed New Year.

    • @bossballheaddawg2588
      @bossballheaddawg2588 4 месяца назад

      @@man4YAWEH454splg

    • @bossballheaddawg2588
      @bossballheaddawg2588 4 месяца назад

      You are very correct!! Wow never thought of that! Put it in an index fund and just rent!!! Plus you can't even own in Thailand

    • @kellymurphy1098
      @kellymurphy1098 13 дней назад

      I'd agree. The fact that foreigners can't own land in Thailand doesn't help either. People be buying and selling houses without owning the land they're on. Bit crazy to my mind.

  • @maxcarter970
    @maxcarter970 2 года назад +11

    With so many affordable options to rent in Thailand it’s a no brainer.

  • @OnlyThe1Son
    @OnlyThe1Son 2 года назад +15

    Samui, Phuket, Bali are definitely slowly offering more and more expensive houses, more and more western property developers have moved in and are looking for huge profits off the backs of cheap labor and cheap materials. capitalism at its finest. enjoy these islands while you can because eventually all the islands will eventually become developed and expensive.
    foreigners are moving in more and more and changing the landscape.

  • @verticalift
    @verticalift 2 года назад +62

    As a Canadian Expat, I’ve been living in Phuket for the past 24yrs. Living on my boat initially, I purchased a Freehold property inside one of the local golf courses in 2003. I had the house completely “gutted” down to a concrete shell and rebuilt from the ground up…. spending much, much more than I should have (18MTB… more or less…. Probably more. Hahaha….
    Factors that many newbies don’t consider when building new, or when buying an existing property is if the property is Freehold or Leasehold, Common Area Maintenance Fees, Security, Road Traffic, Electrical….etc.
    What I pay annually for my Common Area Maint Fees (26,000B/yr) are what some developments charge per month.
    Regarding Electrical Billing…. Make sure that you pay directly to the Provincial Electrical Authority (PEA) as I do. Otherwise, the developer managing the housing project will charge you more than the standard PEA rate. Earlier this year I installed a Solar Grid-Tie Inverter (GTI) system (No Batteries) that is reducing my monthly electrical bill by -30%. I plan to double up the system for a total reduction of -60% early next year. Prior to installation of the GTI my monthly electrical bills were around 2,400B/mo. Now they’re around 1,600B. With the system completed early next year…..800B/month.
    ROI for the GTI system is about 3-4yrs. I have met some expats who pay 16,000B+/mo mostly because they have a swimming pool, a wife who wants Air-Con 24/7 and a ridiculous electric car….
    Freehold with Chanote vs Leasehold (30yr Rental)
    I chose to avoid Leasing as there is no guarantee that the Thai owners of the land/project will renew the lease. They could very easily and legally say Bye-Bye to you at the end of the 30yrs. I chose Freehold with an Usufruct and actually own the house / structure. I have a Tambian Baan (Yellow Book) with my name in it, which has also allowed me to obtain the Thai ID Pink Card….. which is a great “supporting” document for when dealing with government officials etc…..
    Legal Due Diligence issues. Many property developers have in the past, been in bed with local law firms. In order to avoid any unwanted “issues” or improprieties, I hired an American law firm in BKK to conduct the DD on both the developer and the property in Phuket.
    There is a lotta work involved to get it done right, but if it is done right….. it’s worth it.

    • @markmielke5283
      @markmielke5283 2 года назад +6

      Thanks for putting in the effort to share this info. You may save someone's bacon by providing these insights.

    • @user-wm2tw
      @user-wm2tw 2 года назад +3

      You clearly are in very high end income bracket. Thanks for sharing. Important info.

    • @verticalift
      @verticalift 2 года назад +4

      @@user-wm2tw
      While I may have been in what many would consider a high income bracket, that is no longer the case.
      In July 2020 due to C19, all pilots over the age of 60yrs (I was 62yrs at the time) were forcibly “Retired” from the cockpit in Abu Dhabi where I was flying helicopters to offshore oil platforms. Working a 2 month ON / 1 month OFF rotation for over 24yrs in the mid-east…. Life was good.
      Fortunately all is bought and paid for here on Phuket as I have some doubts as to weather my $435CAD (12,000B) monthly pension cheque would cover all my expenses…… Hahaha

    • @verticalift
      @verticalift 2 года назад +10

      @UCgQKAUo7MfrphfmXJGY3soQ
      All assets and property remain secure. Had a Thai wife once… Never again. I too old school. I don’t particularly care for my wife leading a double life with her Swedish Boy-Toy, while I was away at work in Abu Dhabi. Shit happens…. Deal with it.
      If you want companionship…… Get a dog. With that said, I now have a 21 month old Golden Retriever…..

    • @user-wm2tw
      @user-wm2tw 2 года назад +2

      @@verticalift well said. Lots these people are so eager to buy Thai women houses and businesses just so they can live in TH. What happened to renting? It’s crazy.

  • @slyse7en
    @slyse7en 2 года назад +69

    I went to Samui earlier this year and did the full property tour with an agent for a day.
    What you dont see is how bad the infrastructure is on the island. Constant black outs, when it rains the road is totally covered in dirt.
    You could be buying a place that costs 700k USD and right next to you are people living in DIY huts made out of sticks.
    Some of those villas on the hill, the road to get up there is downright scary, 30 degree plus inclines, very narrow road with huge drop offs.
    Also theres no real investment opportunity here, the prices dont go up like they say they do, if anything they go down. Its just like in Bangkok where developers are pumping out new builds. The more you customise it the harder it is to sell and the more expensive the smaller the target market on resale.
    I was completely turned off when i went to see for myself and in the same breath i can say this video makes the place look great. Thailand is a very strange country, i lived there for long enough. It has a lot of positives but it also has negatives that are not often spoken about.

    • @malcolmrowe5031
      @malcolmrowe5031 2 года назад +12

      I lived in Phuket for 4.5 years and what they don't show is the dreadful build quality, saw lots of building work in my time there, read the local newspaper and see the complaints from even wealthy Thais who buy them and complain how badly they are built, leaking roofs etc, water pouring in when it rains, electricity brown outs were often in Phuket

    • @slyse7en
      @slyse7en 2 года назад +8

      @@malcolmrowe5031 Exactly right. I think low quality is pervasive in the entire country in many different areas.
      They will always do the dodgey or cheap easy fix rather than do something properly.

    • @kippsguitar6539
      @kippsguitar6539 Год назад +10

      Exactly, he is misleading people

    • @lecannet
      @lecannet Год назад +6

      THATS RIGHT...this is why you should never ever pay 300k upward 700k is laughable! The purchase infrastructure and amenities is of non existence and everything u say.. one can get more in Texas for under 300k. Yes folk in Thailand are so very greedy n opportunistic sadly! Just cannot compare Western pricing to anything in Thailand. I mean look at Bangkok right now. Flooding hell hole because of the new train infrastructure, clearly civil engineering is grossly lacking, this is what I'm talking about! Value comes about with high quality standard of living through local council and infrastructure.down into the town amd surrounds, I mean I don't see correct drainage if any hence flooding roads everywhere.. I would be concerned with land slides with poor building developments and substructure of buildings.

    • @Ajaxthefriendlyurbanfox
      @Ajaxthefriendlyurbanfox Год назад

      Chris sunk his retirement cash pot into a huge Samui villa so he's got the delusion of a sunk investor.....

  • @THEPinballJunkie
    @THEPinballJunkie Год назад +2

    Great Video Chris! Thank you for making this!

  • @user-wm2tw
    @user-wm2tw 2 года назад +85

    Beware: What they don’t tell you in this kind of bs videos is that you “ buy” the house but it’s actually a 30 year lease with option for another 30 year lease. So if you pass away your heirs get nothing. They keep everything. That’s the trick they don’t tell people till they are too far into the deal.

    • @stephendendy8376
      @stephendendy8376 2 года назад +3

      Bs is right

    • @jakespeed6515
      @jakespeed6515 2 года назад +1

      Caveat Emptor

    • @sgraham005
      @sgraham005 Год назад +8

      Not entirely correct. There are new rules. There are also several ways to structure ownership. Talk to a lawyer who knows what options are open to you.

    • @user-wm2tw
      @user-wm2tw Год назад

      @James Wynn you mean get around the law that prohibit ownership of land by foreigners. ? Which is never a good thing because it can can create legal issues later on in so many different ways.
      There are people who go around spreading that narrative to gullible people that you can just go buy a house in TH ; and guess what the people who are spreading that narrative online are local Thais with western fake online names. Good thing is that more and more people are becoming aware of this bs narrative.

    • @user-wm2tw
      @user-wm2tw Год назад +8

      @James Wynn yes I know the company route well. Thai law actually does not look favorably at companies created for primary purpose of home ownership. And what percent of company is to be owned by that nationals?? 51% minimum? Often times the attorney owns what 2-3%? And “home owner” owns 49% of the company? ok. That workaround and not seen favorably by Thai courts. They may look the other way but one day they may not. So much for the workaround. Typical I know someone who has a friend.. anecdotal nonsense. 🙄🙄

  • @nixferguson7323
    @nixferguson7323 2 года назад +7

    Great vid Chris. Could you do more similar vids of cheaper properties on koh Samui please preferably 1/2 bedrooms. 😊

  • @aussieneil
    @aussieneil 2 года назад +5

    Just rent.
    Keep your house at home and rent that out too.
    The capital growth will be far, far greater.

  • @jasonwilkinson3887
    @jasonwilkinson3887 2 года назад +3

    Great info P. All 3 places look amazing. Think I stayed in Simon's pad several years ago. Good luck with the new branch of RW4U real estate.

  • @txcavi
    @txcavi Год назад +3

    They are so close together. I would want one but I need space

  • @AbroadInThailand
    @AbroadInThailand 2 года назад +2

    Great video and information for someday when I can afford to buy a villa in Samui! 🏝️🏡

  • @WushuTaz
    @WushuTaz 2 года назад +7

    Thanks for this video Chris. I'm driven up to some of these developments in Koh Samui. Although the views are amazing, I couldn't see myself driving those extremely steep roads on the daily much less walking them.

    • @RetiredWorkingForYou
      @RetiredWorkingForYou  2 года назад +2

      yeah, i personally wouldn't live up in the hills either.....but some people love it. i prefer an easier drive home.

    • @robdavinroy1761
      @robdavinroy1761 2 года назад

      Hello Chris. always enjoy your videos. I know you love samui. I am an American engineer looking to build or buy with my thai wife. I understand these hills are sand with no rock? The foundations would not be a problem if they are using piers, but I wonder about the long term maintenance of the roads. What is your experience there? Also do you know how all these pools I see with so many new builds are maintained? Pool boys? Thanks so much

    • @loveknowsnoborder
      @loveknowsnoborder Год назад +1

      @@robdavinroy1761 The roads wash away easily in big storm!! the land they are build on is not stable!!

    • @luxuryseaviewvillas6744
      @luxuryseaviewvillas6744 Год назад

      @@loveknowsnoborder and that amazing logic isn't working for you on your billion dollar youtube channel you poured so much work into?

    • @luxuryseaviewvillas6744
      @luxuryseaviewvillas6744 Год назад

      @@loveknowsnoborder See i can tell you the secret nobody with real $$ here wants me to tell you. And the thing is, you wouldn't even care; you wouldn't have the means or the know-how to do anything with the information anyway. So here goes: MOST of the foreigners making CONSIDERABLE wealth here, have done so in real estate. Now you ask yourself how that jives with your narrative, that investing in real estate here is a fool's errand. And then ask yourself if it's possible that this narrative you and everyone else in the comments seem to have, might just be a little flawed. FYI, they (the ones creating generational wealth) love that you all seem to think you have it figured out. But you don't. And me telling you this won't change anything for a single person, especially you.

  • @daviddenham1511
    @daviddenham1511 2 года назад +4

    If you’ve got $2 million to spend on a house I don’t think worrying about the government water rates is of great concern……

  • @rob.7597
    @rob.7597 Год назад +2

    I really liked this video. I miss living in samui and imagine that both you and your friend Andrew both have wonderful lives. Do yourselves a favor and wear your seat belts because whilst watching your video I noticed that the pair of you were cruising around without them on.

  • @Noiconnotag
    @Noiconnotag 2 года назад +6

    How about something more affordable, ranging ~75k - 120k usd ? anything of this sort for a single person ?

    • @genericdeveloper3966
      @genericdeveloper3966 Год назад +1

      There certainly is. You could get a nice little condo for that.

  • @Watergirl66
    @Watergirl66 2 года назад +1

    I met Andrew thanks to you. He was great!

    • @andrewjfarmer-KohSamui
      @andrewjfarmer-KohSamui Год назад +1

      Cheers @N Dowling. Was great to meet you, too. See you when you get back

  • @syncmeandroid
    @syncmeandroid Год назад +1

    Good luck to whoever buys it.

  • @TheMoebius72
    @TheMoebius72 2 года назад +12

    Mixed feelings when I watch this YT, sure the houses they are building are very nice but you also see the huge amount of nature they destroy on the hills everywhere where in the North of Samui. You want to live there on a beautiful Island with a lot of nature with getting less and less rapidly😔. I been too Samui 6 times from 2001 until now last time May and I understand the need for resorts and real estate but it has go way too far in my opinion.

    • @carloscort7604
      @carloscort7604 Год назад +1

      The House isn't worth 2M

    • @tookay5
      @tookay5 Год назад

      @@carloscort7604 something like that in N. Dallas would cost no more than $600K, walk in closets the lot. No view of course, maybe that what they think warrants the price?

  • @golfspeednz
    @golfspeednz 2 года назад +1

    Looks great. Finally booked our tickets to get back to Thailand 🇹🇭 in early January. It will be my second trip to Thailand so very excited. And I am in the process of setting up Thailand business now. :) can’t wait 😃🏝

  • @DesertScorpionKSA
    @DesertScorpionKSA 2 года назад +14

    I thought foreigners couldn't buy land in Thailand. I heard they can buy some condos if the foreign ownership percentage is below a certain amount, but a detached villa would require a land purchase or lease.

  • @williamhartz8707
    @williamhartz8707 2 года назад +8

    The second site -option #2( still being developed) I’d be concerned with erosion with mud slides during continuous downpours. ) - Something to be aware.

    • @kippsguitar6539
      @kippsguitar6539 Год назад

      The third option, never do business in Thailand

  • @anna_m59
    @anna_m59 Год назад +3

    As others stated beware you can’t own the land only the house. Similar to Bali.

  • @c.tduong7381
    @c.tduong7381 2 года назад +16

    I thought we’re not allowed to own property in Thailand unless we put it under a Thai person’s name

    • @malcolmrowe5031
      @malcolmrowe5031 2 года назад

      Correct, you can't own land unless you are Thai

    • @user-wm2tw
      @user-wm2tw 2 года назад +8

      And you are correct. Condo is all you can have under your own name.

    • @user-wm2tw
      @user-wm2tw 2 года назад +6

      Or lease land for 30 yrs build on it and when lease is over say good bye to house because you can’t move your house back to your country when lease is over . Basically the investment will be a waste.

    • @DiscoDrew
      @DiscoDrew 2 года назад +3

      You an own a condo. That’s it.

    • @loveknowsnoborder
      @loveknowsnoborder Год назад +2

      Rules hasn't changed !!

  • @Buckeyesfan36
    @Buckeyesfan36 2 года назад +11

    You should do a video with buying cheap condos or apartments I have seen other people on youtube in other countries showing what its like to buy 5,000 to 10,000 dollar studios apartments. Cause someone like me who wants to move to thailand one day could not afford a 200,000 dollar place lol.

    • @tookay5
      @tookay5 Год назад

      LOL are you chinese? Sorry couldn't resist that. But seriously....that's OK short term such as your vacation visit but thinking of living in a small box forever with no storage space or cupboards and you can't swing a cat....I couldn't do it.

  • @viniciusarzon
    @viniciusarzon 2 года назад +3

    What about the fact no foreign can actually own a land in Thailand? Just came from Thailand and we' ve heard about that

    • @user-wm2tw
      @user-wm2tw 2 года назад +4

      You are correct. This video is misleading .

  • @pmags1331
    @pmags1331 2 года назад +4

    Beautiful places . Would love to see more .

  • @presto403
    @presto403 2 года назад +2

    Great video as always. Myself and my wife here in Samui right now till mid next week. What an absolute paradise.Can see ourselves owning a nice villa here in the future. Staying at the boutique hotel Villa nalinnadda which we seen in a vid of yours some time back.

  • @chrispelyk
    @chrispelyk Год назад +2

    Do not buy prebuilds unless you like loosing all your money - multiple cases where the developer just does not build and keeps your money

    • @PloyandJayinThailand
      @PloyandJayinThailand Год назад +1

      It's all about the reputable developer. You make money while you buy a property, not when you sell it. Presale prices are way cheaper.

  • @thomasr53
    @thomasr53 Год назад

    Hi Chris, first time I have watched your vids and really enjoyed, so subscribed, those condos were pretty amazing, loved the views and the facilities. My partner and I are coming to Bangkok late March early April, will also visit Hua Hin and Koh Samui. Will look around, Cheers mate

  • @rossbain7180
    @rossbain7180 Год назад +2

    Can a foreigner buy residential property in Thailand ? Condo perhaps .

  • @oneaccountBball
    @oneaccountBball 2 года назад +1

    Plan to explore Thailand once more on motorbike. Its all about the numbers..

  • @WylieWestie
    @WylieWestie 2 года назад +3

    If buying a new build/from a developer you must do proper research and should only buy from a developer that has already completed multiple successful projects (hard to find on Samui). There’s far too many that go bankrupt part way through and either don’t get finished at all or get finished to poor quality/don’t finish communal etc and you end up pouring more money in. So many horror stories, we were lucky and got a finished villa but only after a 4 year delay and having to pour thousands more in to redo most of the stuff as well as having to pay to finish communal areas.

  • @6806goats1
    @6806goats1 9 месяцев назад

    Building on the side of a soil mountain brings much concern to me. Malibu during the rainy season. What seems solid one day is sliding down the hill in heavy rain. Build look great though.

  • @rosebella643
    @rosebella643 Год назад

    I really enjoy your site. I wish my children were older. I'd move to Thailand tomorrow.

  • @daveg695
    @daveg695 2 года назад +9

    I thought foreigners could not buy property in Thailand.

    • @newstime3229
      @newstime3229 2 года назад +1

      condo you own 100% villa 49% have to set a company when you rent out you pay in company tax rate

    • @daveg695
      @daveg695 2 года назад

      @@newstime3229 Thanks!

    • @laurencefarrugia431
      @laurencefarrugia431 2 года назад +1

      @@newstime3229 not as easy as that 😂

    • @user-wm2tw
      @user-wm2tw 2 года назад +2

      You are right. This video is misleading to say the least.

    • @tookay5
      @tookay5 Год назад

      @@newstime3229 but ppl on here are looking to live in the property, not as a rental investment.

  • @pulakification
    @pulakification 2 года назад +1

    All the best for your new business venture.

  • @benhogan4739
    @benhogan4739 Год назад +1

    Of course the energy demands for a building that size driving up costs for the entire country. But as they say…lucky farang.

  • @evansmusic2009
    @evansmusic2009 2 года назад +33

    Aren't there legal issues? Technically buying under a company name, unless a REAL trading company is totally illegal - sure people get away with it often enough.. I disagree wholeheartedly with wealthy foreigners buying up property in Thailand as investment opportunities alongside wealthy Thais - that works so much against the equality/wealth gap for the majority of local Thais. I'm not a hater - but ethics are so important...

    • @selaconte
      @selaconte 2 года назад

      In Puerto Rico is the same story but worst because the Corrupt PR Goverment are giving the Island to foreigners with a stupid made up law and receiving vribes....Thailand government has more control of their land, because they can take the Property in any moment if the foreigner doesn't met legal documentation

    • @user-wm2tw
      @user-wm2tw 2 года назад

      Exactly. Only Thais can own land in Thailand. This video is so misleading.

    • @TheBobbysPerspective
      @TheBobbysPerspective Год назад

      Cry

    • @user-wm2tw
      @user-wm2tw Год назад

      @@TheBobbysPerspective go right ahead 😂😂

    • @LovesTheGash
      @LovesTheGash Год назад +1

      Thais do very well out of foreigner, from lawyers down to garden man.

  • @jeffreytowson155
    @jeffreytowson155 Год назад +1

    Chris, you are liked and trusted. This sort of video hurts your reputation. Anyone who says a foreigner can buy a villa in Thailand is lying.

    • @tookay5
      @tookay5 Год назад

      They always say go the company route. But most who do that claim they are going to rent it out. I think most people are not looking to do that they want to live there. Chris has moonstone villa but he rents it and doesn't live there. And he may have been able to build his samui house too using that Thai company he formed as the land owner? Wish he would do that sort of video and explain his situation.

  • @aboutsanfrancisco666
    @aboutsanfrancisco666 2 года назад +3

    I like the “TURNK” Villa, Chris & Adam. 😂 Great information, Beautiful location in Samui! 😊

  • @Stash186
    @Stash186 Год назад +1

    Very beautiful places. But with the "dollar milkshake theory" becoming a reality buying with USD in 6 to 10 months should be extremely favorable.

  • @italogiardina8183
    @italogiardina8183 2 года назад +3

    It's not a really a cogent long range investment given the international issues in the region. I'd rent and be prepared with a swift exit strategy.

    • @luxuryseaviewvillas6744
      @luxuryseaviewvillas6744 Год назад

      swift exit strategy? How much would like to bet that wherever you live is more dangerous than Samui?

  • @daviddenham1511
    @daviddenham1511 2 года назад +3

    Yeah, great!…..that 3rd villa, spend a fortune for the view and peace and tranquility……but you conveniently forgot to mention the airport flight path right in front of you with tourist jets thundering past non stop 24/7…….you’d be nuts to buy this!!

    • @boohoo4962
      @boohoo4962 2 года назад +1

      Conveniently forgot? Chris literally shows a plane landing and mentions the airport. 🤣

    • @RetiredWorkingForYou
      @RetiredWorkingForYou  2 года назад +1

      i built a house right around the corner. the planes aren't a bother at all. i guess for some they might be but it's some of the most sought after property in samui in that area.

    • @daviddenham1511
      @daviddenham1511 2 года назад

      @@RetiredWorkingForYou I’m sure it is…..you know White Rose KS?….my cousin owns it

  • @MrEye4get
    @MrEye4get 2 года назад +5

    Funny that most people with the money to afford houses like this have little opportunity to enjoy them!

  • @carloscort7604
    @carloscort7604 Год назад +2

    I was under the impression that the reason to move to Thailand was to get more for less at 2M for a villa with hardly any land I can buy 1 to 160 acres and build a Palace in the US.
    I guess is becoming more expensive that the place is supposed to replace for that price I stay at home and visit Thailand.
    I didn't see anyone using rebar or steel beams in their construction, it looks to me like highway robbery.

    • @tookay5
      @tookay5 Год назад

      Thailand is well known for shoddy construction work, cutting corners to pocket cash with cheap materials, and poor design. It's virtually unheard of to have walk in closets, and they give you nothing for your money. But at least the Australian developer did that with his. Too pricey for me though that one, and as you say we can get better quality and value for the same money (or less) in the USA. I guess you are paying for the tropical experience and view?

  • @danaye5608
    @danaye5608 Год назад +2

    what would you recommend in looking for and being cautious about , for a person coming from the US for the first time.

    • @lecannet
      @lecannet Год назад +3

      Just do not purchase haha easy! Rent!

    • @tookay5
      @tookay5 Год назад

      ​@@lecannet yup

  • @flighteye6642
    @flighteye6642 2 года назад +2

    I like. But I'll wait till after Thai Baht devalues further.

  • @patrickhaegeman6610
    @patrickhaegeman6610 Год назад +2

    A shame they ever started building in the hills … I knew Samui before those building projects and see how many troubles they have with the water making its way down ..even the roads to those houses … you must be skilled to drive up and down.
    Responsible Urban design Thai style …

    • @tookay5
      @tookay5 Год назад

      I thought those exact same 2 thoughts watching it.

    • @DellD-s5q
      @DellD-s5q 27 дней назад

      Disastrous!

  • @ThailandThomas
    @ThailandThomas 2 года назад +2

    Great video chris! Would love one of those nice homes on Samui. It my dream spot to live.

  • @bob1226bob
    @bob1226bob 2 года назад +3

    Are these houses on the hill Bulit on bed rock , has the foundation been fixed on rock

  • @cddc9310
    @cddc9310 2 года назад +3

    You said you're building a house, who will own the house and land it sits on? A business 51% or more is Thai owned?

    • @tookay5
      @tookay5 Год назад

      yup Chris needs to explain all this, especially since he is setting up a Thai property company (I imagine with the required number of Thai employees). I suspect the house he is building is going to be owned by his new property company? If that's the case, fine, good for him, but it's not how the average Joe here is going to be able to do it.

  • @markhall2405
    @markhall2405 Год назад +3

    I live in the south of Samui, not crowded at all and palm trees everywhere. I will be doing a custom build and know buying a similar home would cost double here. Lamai will be a 7 minute drive away, Chaweng 30 minutes. I could not imagine escaping to a tropical island to retire and then living in a home side by side with many others, shopping malls, traffic congestion, a miniature concrete jungle. Land is less expensive in the south (draw a line from Lamai to Nathon, anything south of that) so you usually have a large garden as well, or a multi-building dwelling. My wife sells land all over the island so I have a good idea of prices and locations. Point being, there are many, many cost and location options on Samui, especially when you get further from the northeast corner of the island.

    • @drd3816
      @drd3816 Год назад

      I agree i love the south end of Samui its heaven and the tourists cant seem to find too.

    • @carloscort7604
      @carloscort7604 Год назад +2

      I would never pay 2M for a home in a third world country

    • @luxuryseaviewvillas6744
      @luxuryseaviewvillas6744 Год назад +1

      @@carloscort7604 Thailand is not a third world country, and you don't have 2 million USD, so what you would and wouldn't do with that amount of money is irrelevant.

    • @Azraiel.Bridger
      @Azraiel.Bridger 8 месяцев назад

      @@luxuryseaviewvillas6744 thailand is a definitively third world country and many people with disposable income have nothing better to do than sit on thir asses and fck off on the internet its issues the government and infrastructure in thailand esp on the estate islands is fcking atrocious due to somuch greed and corruption vs the extreme poverty ....

  • @geams
    @geams Год назад +2

    So when a car goes off the road it crashes into your bedroom.
    Living below the road level would never be an option for me.

    • @tookay5
      @tookay5 Год назад

      looks like a treacherous road too. And the monsoon season, you might just find your house foundations get eroded and falls over. What if you are even further down and it falls on your house from above! Mudslides wipe out whole residential area when you build on hills and cut down the trees, in a monsoon.

  • @kingkijij
    @kingkijij 2 года назад +1

    My first trip coming up in January

  • @derekn2478
    @derekn2478 Год назад +2

    Moving to Thailand from US, do you have any issues accessing your US bank acc there, i know 2 of my accounts have IP based security, i am concerned i will not be able to have access there... Any advise?

  • @JohnDoe-iv7yu
    @JohnDoe-iv7yu 2 года назад +6

    Another thing, Thai quality for buildings and structures is garbage. Lucky if these builds last 20 years. So cheap to rent it makes zero sense to own or build.

  • @leotravel85
    @leotravel85 Год назад +3

    Are foreigners allowed to own land/property in Thailand? Or just rent

    • @marmary5555
      @marmary5555 Год назад +2

      Foreigners aren't allowed to own property. That's what this video won't tell you

    • @robocop581
      @robocop581 Год назад +1

      You can fully own a condo

    • @tookay5
      @tookay5 Год назад

      @@marmary5555 well technically you can own the property, just not the land it's on. But I agree with your statement.

  • @faranghomes
    @faranghomes Год назад

    Thanks for this informative video 🙏🏻

  • @JohnDoe-Alien
    @JohnDoe-Alien 2 года назад +13

    One thing that really bothers me about these hill side builds is the terrible roads, lack of drainage and slippage. I was on Samui and have a great photo of a hill road half washed away because of bad engineering and to fix it when it falls down will cost a fortune. In heavy rain over years I worry that these places will suffer severe erosion and become unlivable.

    • @markmielke5283
      @markmielke5283 2 года назад +1

      Agree 100% on the homes built on the sandy hills. The last home is viable however. Rule number one in SE Asia. Build the home on the granite bedrock if at all possible. The area is well overdeveloped compared to 20 years ago. It's amazing how things have changed pre and post Covid w/r/t real estate.

    • @robdavinroy1761
      @robdavinroy1761 2 года назад +1

      So mark. You mean to tell me this hill is just sand and not rock? Building the foundation would not be bad, but the roads would be problematic. Do you have personal experience in samui you could share? My thai wife and I may build or buy on the island.

    • @markmielke5283
      @markmielke5283 2 года назад +4

      @@robdavinroy1761 No experience in Thailand personally but in the Philippines. The foundation pilings may well be set in bedrock in the hills of Samui but I would not bet on it. I have seen reports over the years of significant erosion problems during the monsoon seasons. Just from looking at the construction site in this video the ground they are working with looks like a mixture of sand, gravel and smaller sized rocks. The construction practices in Thailand are much better than the Philippines so it may well work out for a few years but to me this development on the hills is a red flag. The Australian's project looks much better as you can control drainage more easily. Remember ...... water always wins and flowing water can kick your ass.

    • @robdavinroy1761
      @robdavinroy1761 2 года назад +1

      @@markmielke5283 mark. Thanks for the insight!!. I am a river engineer and trust me you are right about water. You may be an engineer too because you are very observant about the geology. The thing about Thailand or for that matter Asia where you have the monsoon cycle is that if you build low like in the second house you risk flooding flooding of the ground floor and sewage backup. I have relatives and friends in bangkok and it’s a real mess in the monsoon. The majority of the cities in the country are built along rivers in the floodplain and are always subject to flooding. I’ve had my eyes on building higher but it’s a trade off you are right. Then of course there is also the slight risk of Tsunamis on houses low along the sea, but that side of Thailand is lower.

  • @cjlopez4645
    @cjlopez4645 2 года назад +2

    For what I know a farang can't buy a land in Thailand right or wrong?

    • @user-wm2tw
      @user-wm2tw 2 года назад +2

      You are right. It’s a misleading video to say the least.

  • @jeffrey88888
    @jeffrey88888 Год назад +1

    Sounds good. Working on the first steps of getting my Thai bank account and driver's license in 2 months. Planning on retiring in 10 years.

  • @DominicOwen
    @DominicOwen Год назад +5

    Never, Ever buy a house in Thailand unless you are Thai, always rent.

  • @frankk6416
    @frankk6416 Год назад +1

    There's just no way i'd put that kind of cheddar into a Thai property... those are some complete fantasy prices.

  • @TO3F4U
    @TO3F4U Год назад

    Absolutely amazing Australian Built luxury home.. brilliant Job.. professional presentation 👌

    • @carloscort7604
      @carloscort7604 Год назад

      Really lol not for 2M

    • @dannmm6745
      @dannmm6745 Год назад

      Fyi: Australian built = cheapest low quality materials looking for someone who has no idea about construction to pay a ridiculous amount of money for them.

  • @ruthmajor6566
    @ruthmajor6566 Год назад

    I'm ready before the video begins 😂

  • @bensteel3944
    @bensteel3944 2 года назад +9

    I would never in a million years buy off-grid. So much uncertainty ...

  • @simonhamid
    @simonhamid Год назад +1

    I don't get it. Aren't only Thai nationals able to own property? When you "buy" a villa surely it is only a land lease? How does it work?

  • @robertdawson4502
    @robertdawson4502 2 года назад +1

    I've been pondering the idea of buying some real estate in Thailand in the next year or so. In fact, I contacted someone about a week ago in Pattaya about such an adventure. I copied the email you gave. When I am ready, I will send a message and get some help with this project.

  • @Uwek.5775
    @Uwek.5775 Год назад +3

    but 210k for an apartment or villa how you call it is quite expensive for thailand, isn't it ? not even seaview or anything..

    • @RetiredWorkingForYou
      @RetiredWorkingForYou  Год назад

      depends where in thailand. on samui it isn't but in rural thailand areas with less tourists it is.

    • @Uwek.5775
      @Uwek.5775 Год назад +1

      @@RetiredWorkingForYou can you make a video about the process how to buy land or property as a foreigner in Thailand? I think that'd be something a lot of ppl are interested in

  • @absolutrudy
    @absolutrudy 2 года назад +2

    Dunno how that last one is 1 mil. In Thailand. The cost to build there is much cheaper so the markup is overkill. Reality it’s prob 400k to Build all in.

    • @tookay5
      @tookay5 Год назад

      I believe the last one was $2M

  • @curtissturdivant5149
    @curtissturdivant5149 Год назад +6

    This was a great video. From what I have always understood, 'a foreigner' in Thailand is not permitted to own a home in their name. I understand that a person can own a condo in their name, but never a villa or a home. Am I missing something with that? Or do I need to put the villa in my or under come on my business name? Thanks

    • @verticalift
      @verticalift Год назад +2

      You can “own” a home here in Thailand…. But, you can not have the land registered in your name. A foreigner can not own the land.
      The foreign owner of the home (“Improvements to the Land”) will be issued with a “Yellow Book - Tambian Baan” with your name written in Thai script inside.

    • @curtissturdivant5149
      @curtissturdivant5149 Год назад

      @@verticalift got it. Thank you!

  • @yenriver5255
    @yenriver5255 Год назад

    Property in Thailamd is just like food there....a farang price and a local price. Is ok to pay for farang price if you visit for a week. Unless one marry a local then is a good idea to buy a house.

  • @kanchabalochexploring
    @kanchabalochexploring 2 года назад +2

    Villas are beautiful 🤩 in middle of the natural

  • @JamesBondEsq.
    @JamesBondEsq. 2 года назад +1

    Nice cribs! Gracias.

  • @britslivinginspain
    @britslivinginspain Год назад +1

    Hi. I think we saw in one of your videos in Phuket you visited a restaurant called Baan Rim Pa. Can you remember if it was any good? We’re visiting next year and want a good restaurant for an 18th birthday meal. If this one’s no good, any other suggestions? We’d like somewhere special. Thanks! 😊

    • @marktimmer2212
      @marktimmer2212 Год назад +1

      no such thing as a bad restaurant in Thailand.

  • @john32703
    @john32703 2 года назад +3

    thought foreigners couldnt own property in thailand other than condos?

    • @user-wm2tw
      @user-wm2tw 2 года назад +2

      You are correct. This video is just a misleading advertisement . Complete lack of ethics.

  • @i_imagine
    @i_imagine 10 месяцев назад

    @retiredworkingforyou when purchasing a property does it have to be paid in full at the time of purchase?

  • @tigergamming
    @tigergamming Год назад

    A little bit off topic , what is the brand of your sunglasses they are really nice ?

  • @Zeeian
    @Zeeian 2 года назад +1

    thank goodness they make it hard for foreigers to own property thailand.

  • @DellD-s5q
    @DellD-s5q 27 дней назад

    White paint incorporated!

  • @sonhuynh8222
    @sonhuynh8222 2 года назад +9

    Too many restrictions for non Thais to “buy” land.

    • @avpr1574
      @avpr1574 2 года назад

      Do non thai actually own land?

    • @kohchangfarang
      @kohchangfarang 2 года назад +1

      @@avpr1574 No, but there are properties which are in company names which foreigners buy. That said foreigners can not legally own land property outright in Thailand, however foreigners can buy condominiums in their name.

    • @user-wm2tw
      @user-wm2tw 2 года назад +4

      @@kohchangfarang and company is also 51% in Thai ownership. This video is such bull.

    • @user-wm2tw
      @user-wm2tw Год назад

      @@kevinp8108 you heard wrong.

    • @user-wm2tw
      @user-wm2tw Год назад

      @@avpr1574 answer is no.

  • @aging1847
    @aging1847 Год назад +1

    So what is the story about owning land by a foreigner? Has that law changed?

  • @ianauld807
    @ianauld807 Год назад +1

    Why is the washing machine sunk into the ground in the first villa?

    • @tookay5
      @tookay5 Год назад +1

      haha I noticed that too. Maybe it didn't fit the space? Does that mean the countertops were fitted too low? Appliances are standard sizes.

  • @TheDigitalAnts
    @TheDigitalAnts 2 года назад +1

    can you buy s as a foreigner in thialand villas? was thinking you can buy just flats.

  • @sanaystudios4829
    @sanaystudios4829 2 года назад +3

    Padel is right down the road from Cannabis Kingdom with all those epic cartoons on the wall. Who knew Choengmon Beach would be where the best cannabis is sold on the island haha

  • @mikemcmike1
    @mikemcmike1 2 года назад

    Thanks, i'm actually looking to get a condo wich i could rent half year... awsome vid

  • @anandaey
    @anandaey 2 года назад

    What I love your about your show is you are funny like hell

  • @NickyDunn
    @NickyDunn 2 года назад

    Great video, Chris. Thank you for sharing. Have a great weekend.

  • @JamieYaskiw
    @JamieYaskiw 2 года назад +1

    Good job dude!

  • @TRIPONTHIS
    @TRIPONTHIS Год назад

    Screw the music, as i paint and do renovations I'm just doing a play all, Your doing good work, so I want to pump up the views .🙏🙏🙏🙏

  • @Reality_Dystopia
    @Reality_Dystopia 5 месяцев назад

    Hey 🎉
    Can I buy if I’m British foreigner? Thought we couldn’t buy?

  • @christiandouglas6780
    @christiandouglas6780 11 дней назад

    The last property you show you fail to mention the access road goes through around 50 undeveloped run down concrete skeletons! The view in front can also be developed so slightly misleading

  • @Kretencekk
    @Kretencekk 2 года назад +3

    4k per night listed on Airbnb and only 200k for buy. I am not a number person but something seems off here 🤣

    • @andrewjfarmer-KohSamui
      @andrewjfarmer-KohSamui 2 года назад +4

      4,000 THB a night to rent / $200,000 USD to buy. We have to jump between currencies from time to time

  • @raveneye12
    @raveneye12 Год назад +2

    I thought a foreigner could not by real estate in Thailand?

  • @ratnoinamaew7822
    @ratnoinamaew7822 2 года назад +4

    Rule #1 - Don't buy real estate in Thailand, especially from Americans as you actually own nothing only a right to live there for a while. Rent.

  • @jessebluecrypto
    @jessebluecrypto Год назад +1

    I don’t know how to get a hold of you. But you keep advertising these properties. This last one on this video which I would love to buy one but everywhere I research it is illegal or not allowed for Americans to buy property in Thailand, so how am I supposed to buy any of these properties that you keep showing?

    • @tookay5
      @tookay5 Год назад

      they will offer you a 30 year land lease. Renewable up to 99 years they will tell you, but that's not legally binding. The landowner can simply say no renewal after 30 years and there is nothing you can do. Also, your heirs cannot inherit the lease if you die, so some thai company or individual gets a great gift from you (is my understanding). Alternatively, they push you into creating a Thai company to buy the land, which you only legally own 49% of the company. They say you will be the company director. You need to claim it's a legit business and pay taxes annually. Obviously, you want to live there, not rent it out to tourists, so they use fancy lawyers that talk to corrupt officials to get it done. Up to you if you want to risk it.

  • @stoofaontour
    @stoofaontour 2 года назад +1

    Keen !

  • @alexsorov1958
    @alexsorov1958 Год назад

    Come to Northern Cyprus you will cry when you see the prices very cheap. 🤑