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Old 04-28-2017, 01:04 AM
 
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Airbnb is in more trouble here than Uber. Signs have been seen in condo elevators advising g people it is illegal to rent for less than thirty days without a hotel license, which is actually reasonable. A foreigner working as a property manager could easily be viewed as working illegally...unless you have a Thai manager. If you want to look at the NPA listings...BAM :: Bangkok Commercial Asset Management Co., Ltd.. They actually start around 2500 USD for a studio 20 Km north of DMK airport.
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Old 04-28-2017, 01:13 AM
 
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Quote:
Originally Posted by projectmaximus View Post
Ah I gotcha. 60% is insane and technically you can't even own the land haha. Yeah I remember the Skytrain being a few USD and I figured everyone on board was either an expat, a tourist, or relatively wealthy.

Is there any chance to airbnb these condos?
The condo owns the land free and clear, for the 99% that are freehold....so there is virtually no way that the land could be sold out from under your condo. The land legal description is a part of the deed. Most condos restrict foreign ownership to 49% of living space. balconies are living space as are half the thickness of your common walls. Floor plans are now showing millimeters.
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Old 05-01-2017, 02:42 PM
 
Location: Honolulu
1,360 posts, read 547,271 times
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Japan offers good buying opportunity.

Many properties in Tokyo and Osaka are bargains as compared with similar properties in Singapore, Hong Kong, Honolulu, Vancouver or San Francisco

And the Tokyo Olympics is coming in 2020. It will be a boost to real estate.
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Old 05-01-2017, 02:50 PM
 
Location: Miami-Jax
6,315 posts, read 6,970,829 times
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Quote:
Originally Posted by Hal Roach View Post
The condo owns the land free and clear, for the 99% that are freehold....so there is virtually no way that the land could be sold out from under your condo. The land legal description is a part of the deed. Most condos restrict foreign ownership to 49% of living space. balconies are living space as are half the thickness of your common walls. Floor plans are now showing millimeters.
Interesting. Thanks for the info!
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Old 05-02-2017, 03:50 AM
 
2,013 posts, read 1,192,982 times
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Quote:
Originally Posted by Ian_Lee View Post
Japan offers good buying opportunity.

Many properties in Tokyo and Osaka are bargains as compared with similar properties in Singapore, Hong Kong, Honolulu, Vancouver or San Francisco

And the Tokyo Olympics is coming in 2020. It will be a boost to real estate.
I wonder if there are any fire sale prices around Fukishima? They say the Japanese are the Germans of Asia. I have been more attracted to Hong Kong, but most of the reviews on Japan are good. Would take either over Singapore or KL.
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