Thread: DrAndy's Wife's New Project in the old city

well, we hope for appreciation, true, but we will also be asking B15000 a month for each apartment

that seems achievable based on our experience recently

I think a rebuild, vice knocking it down and building anew, is a far better idea. I love funky older houses. If the interior is all new, there's no difference, and the exterior still looks a part of the neighborhood.

^^That is a very decent rental income - did not expect it to be that high in CM.

Plans looks lovely, best of luck!

Originally Posted by CNF55

^^That is a very decent rental income - did not expect it to be that high in CM.

we are getting B10000 a month for 55sq m single bed apartments already

CM is buzzing and accommodation in the centre is in demand. There are lots of condos outside but that means a 10/20 minute drive in, and they are not much cheaper

Originally Posted by Davis Knowlton

I think a rebuild, vice knocking it down and building anew, is a far better idea

also a lot cheaper! this place is only 23 years old and has been neglected, but is basically sound

Originally Posted by DrAndy

Originally Posted by Davis Knowlton

I think a rebuild, vice knocking it down and building anew, is a far better idea

also a lot cheaper! this place is only 23 years old and has been neglected, but is basically sound

Are we permitted to know the purchase price or is that privileged information?

I had a second house here before I finally managed to sell it. It was newly renovated by me, and a nice-looking one-story house on a small lot in a great location. Three bedrooms, decent size living room, dining room and kitchen, one bath, water tank. Problem was that since there are no foreigners down here, I ended up renting it to Flips. In 5 years renting it, I had one good year (older American guy with Flip wife). Every single Flip, without exception, was a hassle - from having to chase down the rent every month, to trashing the place, to skipping out in the night, to paying the bills with rubber checks, etc, etc. Finally, I fixed it up (again) and let it sit empty for 18 months until I finally unloaded it. The rent income just wasn't worth the never-ending bullshit.

yes, rentals can be a pain; hopefully we can find responsible tenants

Originally Posted by draco888

Are we permitted to know the purchase price or is that privileged information?

not really, we could have a guessing game; the winner gets a beer

ok, total shot in the dark 2 million with the termites thrown in for free.

^
Nah far too much
550,000 baht

Originally Posted by Thetyim

^
Nah far too much
550,000 baht

Half-a-mil.
That's respectable, considering what needs to be done.

379,000b

Originally Posted by DrAndy

Originally Posted by draco888

Are we permitted to know the purchase price or is that privileged information?

not really, we could have a guessing game; the winner gets a beer

What brand of beer?

Andy is CM getting a lot busier.?

my guess 450,000

Good luck to the enterprising MrsAndy

Originally Posted by DrAndy

I have brought with me a poison not available in Thailand that does not kill on contact. When the termites come into contact with it they just keep going. They take the poison on them back to the nest and within a couple of months the nest dies.

That would get rid of any termites in the surrounding areas too that poison lasts several years, unlike the local stuff which needs injecting every year or so

Termidor SC, Termador, Termidor Termite - FREE SHIPPING

Not available in Thailand?

It is not available in Aussie so it is one of the things I smuggle back from Thailand. I put it in empty shampoo and sun cream bottles so customs don't crack on. Just have to remember not lather my lovely locks with Termidor in the shower back home! (at least I won't get a termite infestation in my brain while sleeping)

The sell it in HomePro for 1500 baht.

News to me, Looper, thanks

not available in the UK either

seems like good stuff but quite toxic so you must be very careful when using it

You guys who live in the sticks don't really have much idea of property prices

It is very difficult, if not impossible, to find anything under a million in the city

The old wooden house I bought for a million 10 years ago I have just sold for 3m, although it was renovated nicely

Draco is nearest so far

Originally Posted by draco888

2 million with the termites thrown in for free.

Originally Posted by DrAndy

Draco is nearest so far

Originally Posted by DrAndy

yes indeed, cosmetically awful, that is all part of the development game. Most people cannot see past the crud and visualise what can be made of a place

the ceiling was going to be taken off anyway: we will render the concrete smooth, thus giving more height to the rooms

Yesterday we went to the secondhand woodyard and bought some nice teak doors for a good price.

Originally Posted by DrAndy

You guys who live in the sticks don't really have much idea of property prices

Similar sized house with parking space in need of minor repairs was sold in Phrae city centre for 300,000 baht

so, for all the doom and gloom merchants

they are cracking on building the walls for the new rooms downstairs

these are the two bedrooms, quite small but good enough

the ceiling will be rendered except where the pipes go across, that will be boarded



Inside a bedroom, big enough for a queen size and furniture




This is the downstairs kitchen/diner, about 3 metres long, less the fridge space

so a sink, a small hob and working space against the wall

I do have the option of making an L shape kitchen but then life becomes more complicated and expensive

To the left of the pic is the patio area



This is the upstairs front; we removed a wall and will shift it back to the column, then that outside terrace will become a bedroom. The room in front will be a living room



The upstairs rear; to the left a bedroom - that door will be blocked and the door will be at the end.

Where the guy is standing will be the kitchen/diner





the plumber and electrician are working full blast too

Originally Posted by Thetyim

Originally Posted by DrAndy

You guys who live in the sticks don't really have much idea of property prices

Similar sized house with parking space in need of minor repairs was sold in Phrae city centre for 300,000 baht

yes, we went to Phrae a couple of weeks ago......