The Thailand expat forum for Travel, Lifestyle and Fun.

Skeets

I am trying to find out what a "reasonable price range" is when buying land up north in Buriram area for both building? or Farm land? How do you determine what a reasonable price range is in the country?

I imagine that the answer is, it depends on many factors! Is the land on a road, close to a big city/village, have water supply? What other factors should be considered?

What do experienced board memebrs think? Is it too much to pay 100,000 baht per rai for home site several km's out of town?

How about farm land, is 30,000 - 50,000 baht per rai too much for land a few km's out of town in the middle of no where?

Thanks,
Skeets

mrsquirrel

Mate I have been offered land from 2000 a rai to 10000 a rai in various areas of Issan.

The big thing is if it is CHANOET (sp) if you cant prove that its yours then you are fucked.

One of my mates a rubber farmer owns over 400 rai now bought 75 rai but when they actually marked it out and the owner of the land next to him came and pointed out that 25 rai of it was actually his (with the paperwork to prove it) he was a bit pissed but it cost him fuck all to buy.

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

hillbilly

I have paid as little as B25,000 and as much as B100,000 per rai. Sure, the location does play a part, but more importantly it depends on how bad you want the land and how bad they want to sell the land.

I agree with mrsquirrel. Make damn certain that the land you want to buy is actually owned by the people wanting to sell it. We always pay (it aint that much and sure solves a lot of problems) for the surveyors to come out and do their thang first. Then we head off to the local amphur to see the paperwork for the land. When we mention all of this to the sellers it tends to weed out most of the BS. Just dont get in a hurry!

__________________
Travelling in Northern Thailand

forreachingme

The land certificates exist in 3 kinds of rating....

I do not exactly remember but i think it is A B and C

If you are near a military base or government facility or road project...you can may be then buy it cheap now, but you will have to give it back few years later may be...

No moves without certificates sigth...

Create a company to have it in the name of the company and not in the name of your love....but i think you are not new to this...



If it is to make a house know that you will have to rise the land to avoid floodings...This is then the rigth time to create a water pond for storage of water... Some spot are subjects to heavy rains and flooding and few miles away they do not se rainfor years...Inform yourself well before to decide this will also help you negotiate land price at correct value...

gd'luck...

Texpat

Buriram is not "up north," and the price depends on the factors you indicated.

1. Is the elevation below the surface of the nearest street?
2. How far from the nearest bus line, electric pole, telephone line?
3. Does it flood in the rainy season?
4. Is the land wedged between two radiator repair shops and an all-night karaoke piss-up joint across the street?
5. Also check the deed of the land. Chanote tii din is best (green Garuda stamp) Turn and run from anything else, as it probably has leinholders. Go to the local land office and ask to see the deed.
6. Try to determine why the seller is offloading the land then haggle the bastard down to where you're both comfortable.

Really not a lot different than buying land anywhere. My wife and I bought (I bought, she owns) 2.5 rai in Nong Khai. It's 25m from a main road and ready to build on now.

Bwana Brad

Make sure any land you buy is freehold, not leasehold. Freehold means you get the title to it, leasehold means you do not.

DrAndy

You can contact the local council in many areas. They will tell you the official price for land eg in CM centre it is B35,000 per talang wah

that is not what you will pay, but is a good guide

ChiangMai noon

^
9,000 just 8 kilometres North.

DrAndy

and they pay you another 50km more


what does Tinkerbell feel like?

ChiangMai noon

Light and breezy, like a little fairy.

friscofrankie

Just out of town buildable lots of 50 - 120 TRW are being listed at about 10 - 15K/TRW, they sell for about 8000. Electricity & public water is available you need to pay for the metere instalations, etc. On the road to Doi Saket about 10 - 15 KM out, folks are asking about 6k - 15K/TRW for large plots wihout utilities. In developed moobaans the price can be very high.
A one rai plot of land with some wooden bldgs on it, near Tha Pae offered for 24 million, he'll take 18 I'm sure. On the hiway to Chaingrai there's alot available most the owners think the're goldplated and want about a million/rai. There's a plot of land, flat, with one wooden home, 30 rai, will subdivide; 250K per rai. Get off teh hiways and prices fall head up to places like Doi Saket and they climb. There doesn't appear to be any rhyme or reason t the prices folks up here ask. Many have no idea what the lands worth the asking price has nothing to do with the actual value. In some cases it's in debt so deep with the bank that they'll never gete a dime out of it. Fuckin' banks keep extending the loans, that the interest on has put the price out of reach. Do the financiers in this country go to a school to be so economically dumb?
As with anywhere in the country you can get the auction books frm the banks and find decent prices on land. The land up for auction is not, usually, bid on by the banks so there are some deals to be had. it's a good baramoter of prices you should be payng as well.
You've got to take the time to find out what property has sold for becuase the prices asked are all over the place. (did i already say that?)
As others have said be aware fo the land title. I know of plot for sale 30 rai, 3 million. Beuatiful spot nestled in a micro valley with an adjacent reservoir. Thing is, the guy'll sell, no problem, but it's land deeded over to him by the gov't he is forbidden to sell it for 30 years.
No worries man he'll work you a deal...

__________________
For art to exist, for any sort of aesthetic activity to exist, a certain physiological precondition is indispensable: intoxication.

insanity...

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

DrAndy

There is no business sense to the prices either.

There is a plot of land next door to me, 35wah for B3.5million she wanted.
after not selling for more than a year, she put the price up to B4mill. That is not the only one either! weird

marklatham

Why this urge to fill low lying land?
Why would you not drive in concrete piles and form a suspended slab or a steel or timber frame floor and build a steel framed home?
Traditional tropical houses whether in australia or thailand are built above ground for cooling breezes and to avoid flooding.
I would actually dig a huge pond adjacent to the house and encourage the water to come,more natural cooling.
The old ways of construction can still be the best in my opinion.

Texpat

controlled pool of water -- good
uncontrolled mozzies -- bad

bzzzzz, slap, blood, dengue, itch, ugly, malaria
How much is an AC unit?

hillbilly

Land in BKK is a lot more expensive than upcountry. Here is a good example of some land for sale by a lake in Sammakorn (BKK). This plot of land goes for B70-90,000 per sq wa. which is about 4 sq meters. I think she said that she had 110 sq. wa. Damn expensive!