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Thread: price of land

  1. #1
    Member sledge's Avatar
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    price of land

    The inlaws have contacted me to say that someone in the area, around Lahan Sai,is selling 15 rai for 250,000THB, will get over there next weekend for a look. Does anyone know what I should be paying per rai in this area? Thanks

  2. #2
    better looking than Ned
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    No but it sounds to cheap must be something wrong with it at the price.

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    Quote Originally Posted by sledge
    Lahan Sai
    Where is that?

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    Does sound cheap. If it turns out to be 250K per rai though, sounds well expensive.

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    Member sledge's Avatar
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    Quote Originally Posted by Rigger
    No but it sounds to cheap must be something wrong with it at the price.
    The bank is after his new Hilux

    Quote Originally Posted by Marmite the Dog
    Where is that?
    Near surin

  6. #6
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    ^Well, it's near the Nang Rong district of Buriram, near to the Cambodian border and not far from Prasat Phanom Rung

    Amphoe Lahan Sai - Wikipedia, the free encyclopedia

  7. #7
    better looking than Ned
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    Get the land paper check and if all is good buy it I dont think you can lose at that price

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    You might want to look here Thailand Forum [Powered by Invision Power Board]

    Posted by: Thaicoon 2006-09-03 17:41:05

    I have just bought 18 Rai, about 10 kms from Huirat, for 200,000 Baht, not even seen it yet, i let my brother in law do all my dealing, but some of it is rice land and some building land, and its on a road with electric etc. i often have thai's calling at the house with land for sale, as they know i am always looking to buy.

  9. #9
    Member sledge's Avatar
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    Thanks Rigger and NickA
    How would the boundries be defined, I'm sure that there is no such thing as suveyor pegs in the ground. Is the land paper check a title or do I need to get a lawyer to check on things.

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    Is it chanote title? If not, you need to be extra diligent.

  11. #11
    better looking than Ned
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    Quote Originally Posted by sledge
    I'm sure that there is no such thing as suveyor pegs in the ground. Is the land paper check a title or do I need to get a lawyer to check on things.
    They have liitle concret markers you should get it done before you buy so your boarders are clear. We had couple of ours checked at the local goverment office

  12. #12
    Member sledge's Avatar
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    Thanks for this good info, I'll go in with my eyes open and get as much info on property before I hand anything over. Proberly taxes to pay as well?? Will post some photo's next week.

  13. #13
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    ^Taxes should be included in the price and paid by the seller, but just check to make sure that's the case.

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    Member sledge's Avatar
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    This is the village that I have brought 6 Rai. It's 350 k's from Bangkok, 5 hours comfortable drive. In the end we brought this off the inlaws. We paid 100,000THB . It has great views of a large water reserviour and the hills of Cambodia in the distance. Water and electicity go past the boundry. No tax to pay , the motherinlaw will change the title name to my wife and say it was gift. Will leave it in this crop for now and decide in a few yrs if to build. Found other plots in area 15 Rai for 200k but no view.







    View at bottom boundry

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    Seems to me a good buy then- is it chanote title?

  16. #16
    Member sledge's Avatar
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    No, it's Nor Sor Sam. The wife and inlaws understand and say that it is going to be in my wifes name 100%. Sounds ok to me.

  17. #17
    watterinja
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    Enjoy your farming.

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    What are the different charnotes for land .

    Thanx breezer

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    Chanote (Title Deed)

    A Chanote is a certificate for ownership of land. A person with their name shown on the deed has the legal right to the land, and can use it as evidence to confirm the right to government authorities.
    A Chanote title deed shows the official government land survey points using the very accurate GPS survey method to set the area and boundaries of the land. It is the long term goal of the Land Department that all land in Thailand will be covered under the Chanote title system. This is the most secure type of land title and is highly recommended.


    Nor Sor 3 Kor (also pronounced Nor Sor Sarm Kor) Confirmed Cerificate of Use

    This certifies that the person named on the certicate has the confirmed right to use the land implying that all requirements to issue the title deed have been met and that the issue of the title deed is pending. Land with a Nor Sor 3 Kor title deed may be sold, leased, used as mortgage collateral and so on. The holder of this certificate cannot leave the land unattended for more than 12 years.
    The Chanote and Nor Sor 3 Kor are the only titles over which registerable right of ownership or lease can exist and are as such the only ones that a prudent foreigner should consider.


    Nor Sor Sam (Cerificate of Use)

    Similar to the above this is a Confirmed Certificate of Use except that not all of the formalities to certify the right to use have been performed. Before a transfer can be made, a notice of intent must be posted and then 30 days public notice is necessary before any change of status over the land can be registered.


    Sor Kor Nung (Certificate of Possession)

    This recognises that a person is in possession of land but the Certificate does not imply that there are any rights associated with the possession. It is not transferable, but a person in possession may transfer physical possession and the new possessor may apply for a new Certificate of Possession. Not recommended for foreigners buying property, as you will have no rights to the property even if you pay for the certificate.

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