4niceight

I have just spoken on the phone to a friend of mine who has recently moved to Pattaya. He tells me that everyone is scared to buy property because of the authorities checking up on the directors of Thai companies. I already understand the problem and I was thinking that I would buy only a farang owned condo. However, he has scared me a little and has suggested I sit back for a year. That is something I don't want to do. I am ready to buy now. Has anybody got an insight into problems I might face if I buy a farang owned property?

OK. I'm now a bit clearer where I want to buy and how much I want to spend. Thanks for the info, guys. The last piece of the puzzle is the cost of extras i.e. lawyers fees, stamp duty?? and anything else I would have to shell out. Anyone got any figures on say, buying a farang owned condo at 2mil.

Thanks Torrenova, I know that you are offering good advice when you say don't send the money until I've found something to purchase, but it's a different world here in The Gambia. To request something remotely like a SWIFT transfer will be frought with headaches. It's difficult enough getting a cup of tea here! I prefer to sit in front of someone and watch them do it. Consequently I definitely want to send the money while I am still in Gambia. I can check it's arrival by internet banking.

Thanks again to those who have responded. I think I now know where to look. Any further comments re the good or the bad will be appreciated. One more thing that is on my mind.....When I was in Pattaya last (June to October 06), I opened a bank account with Siam Commercial Bank. I will be sending maybe 40,000 pounds sterling to that account by SWIFT transfer from my bank in The Gambia (Standard Chartered). Once the money has arrived in LOS I shall be looking to purchase a condo. However, if I don't find the right place, and I want to send the money back to Standard Chartered in The Gambia(or my

Thanks for the replies so far. I'm still looking for any more info on the good and the bad condo blocks. Anyone???

Thanks for the replies so far, guys. I was in Pattaya and Jomtien for three months until October last year, so I am reasonably aware of prices. What I don't know is which are the GOOD blocks, and which should I avoid. I'm not sure of the whereabouts of Jomtien Beach Condos. I stayed for some time at Silver Sand Villa, near soi 7 Jomtien, and I think that it may be some 200 metres further along the beach road. Am I right? My situation is that I will have enough pension to retire on (in 5 years time) as long as I don't have to pay rent, so I'm definitely looking to purchase.Further opinions will

Hi everyone, Having been coming on holiday to Pattaya many times in the past 20 years, I'm now ready to make the move there permanently. I wonder if anyone can give me any recommendations on a nice condo block. I'm happy to live in Naklua, Pattaya or Jomtien, and don't plan on buying a car so somewhere on or near the baht bus routes is a pre-requisite. I'm hoping to buy a studio at a price limit of 2 million. Places to avoid would also be a help.Suggestions???