Thread: Buy rice farm in Thailand

I like to buy rice land somewhere either korat, nakorn ratchasima or more preferable surin area for retirement. I do not want to grow rice and will likely be convert to dry land and I might grow some other vegetable crop or build house. From chanode title type, is there restriction that I should be aware of? Should I check with local province?

My other question is where do I find out who's selling the land? I don't think agent dealing with farm land due to the price is typical too low for commission. Thank you.

You have Thai partner?

Originally Posted by Nark

From chanode title type

I'd be surprised if you found 'Chanote' titled rice paddy land. Do you know the differences in land titles? Be careful about buying land around Korat. It's prone to flooding.

Look at the property websites theres many, if you have Thai partner get her to go look for land, as soon as they see you they will be popping the champagne with Glee.

only korat and surin??

Reading this article this morning ,and one of several I have read over the last Month or so it would appear that spending wads of cash buying into a virtual trip to the unknown (a Rice farm) is hardly a viable business proposition ,although many Thai's who ain't got a pot to piss in will think different Rice farmers must help themselves | Bangkok Post: opinion This present administration does not have to pander to the people with "populist polices" for their votes ,so unlike previous Thai Governments .

Originally Posted by Nicethaiza

only korat and surin??

Probably wants a rural existence within easy reach of a large city.

Thank you for all the information. I got some relatives living in Surin and southern Korat area so it seem variable to be within that region. Beside, I like isaan living. I lived in Roi et when young.

Why would you convert paddy to dry land --there is a reason its paddy,by the same token Thais shouldnt move to the Uk and buy some good corn growing land and convert it into rice paddy

if your questions are serious and they almost seem too good to be true, all the usual candidates to scam you will be queing up ,it wont be long before you and your money are parted, just be aware of one thing --the thais are likely to rob you but any farrang will take a lot more

Originally Posted by donald36

Why would you convert paddy to dry land --there is a reason its paddy,by the same token Thais shouldnt move to the Uk and buy some good corn growing land and convert it into rice paddy

if your questions are serious and they almost seem too good to be true, all the usual candidates to scam you will be queing up ,it wont be long before you and your money are parted, just be aware of one thing --the thais are likely to rob you but any farrang will take a lot more

I think the problem with the Korat area its a plateau, a giant flood plain ,as Pragmatic remarked its prone to flooding thats why its a rice growing area ,farming at present here in Thailand of whatever crop is some what dodgy ,and I am afraid what you write is true ,being self employed for donkeys years back there in the UK I fast became some what of a cynic ,since coming to live here my cynicism as far as business deals here has grown quite considerably

Originally Posted by Nark

My other question is where do I find out who's selling the land?

You don't. Just let it be known that a farang is wanting to buy land in that particular area and you'll get trampled in the rush. Commission is usually paid to someone by the seller, so everyone should have some knowledge as to who's selling. That's how it works where I live.

Originally Posted by Pragmatic

Originally Posted by Nark

My other question is where do I find out who's selling the land?

You don't. Just let it be known that a farang is wanting to buy land in that particular area and you'll get trampled in the rush. Commission is usually paid to someone by the seller, so everyone should have some knowledge as to who's selling. That's how it works where I live.

Yeah Farming is such a viable proposition ,they just can't wait to unload their precious land ,especially when a farang is buying ,Jan informs me loads of land for sale in my area (I wonder why?) her Aunty has got 15 rai of 2 year old rubber she wants to sell .

The villages around us won't put up signs they say they won't get the money they want.

A few years ago i proposed to some of them i'd put there up on the net to see if they could get buyers, they declined saying they knew nothing about the net.

Originally Posted by Neverna

Originally Posted by Nark

My other question is where do I find out who's selling the land?

Look for signs at the side of roads that say land for sale. They usually include a telephone number.

ขาย = sell

ที่ดิน = land

ไร่ = rai (a land measurement. 1 rai = 1600 square metres)

โทร = Tel.

Buy a second hand property on a decent sized plot. Thais prefer new so the local banks will have a portfolio of re-posessed, hard to shift abandoned property.
Much better proposition than converting rice paddy on a flood plain.

Originally Posted by Pragmatic

Originally Posted by Nicethaiza

only korat and surin??

Probably wants a rural existence within easy reach of a large city.

Well, he'll be outta luck in regards to Surin [city].
It ain't that big.

Korat, on the other hand...

Originally Posted by Yasojack

The villages around us won't put up signs they say they won't get the money they want.

A few years ago i proposed to some of them i'd put there up on the net to see if they could get buyers, they declined saying they knew nothing about the net.

Originally Posted by Neverna

Originally Posted by Nark

My other question is where do I find out who's selling the land?

Look for signs at the side of roads that say land for sale. They usually include a telephone number.

ขาย = sell

ที่ดิน = land

ไร่ = rai (a land measurement. 1 rai = 1600 square metres)

โทร = Tel.

Nothing about the net? FFS many of the older brigade can't even read or write their own lingo

Originally Posted by thaimeme

Well, he'll be outta luck in regards to Surin [city]. It ain't that big. Korat, on the other hand...

Korat ain't that big either, just spread out over a large area.

Originally Posted by Pragmatic

Originally Posted by thaimeme

Well, he'll be outta luck in regards to Surin [city]. It ain't that big. Korat, on the other hand...

Korat ain't that big either, just spread out over a large area.

Nonetheless, I hope he'll be bringing along a trusted and knowing Thai, as the property sellers will see him coming....

Hope he doesn't mind paying triple the price of the real value.

Did it ever occur to anyone Nark may be Thai?

nark i saw before is Thai.

and his name means Police informer

Originally Posted by Norton

Did it ever occur to anyone Nark may be Thai?

If he was Thai then why would he ask for farangs advice on a forum? May be Nark could explain?

Originally Posted by Yasojack

nark i saw before is Thai.

and his name means Police informer

Nark has two meanings it means informer ,not necessary to the police ,just Informer ,it also means to be annoyed ,like I was narked by that fools behaviour last night in our local .

Firstly When buying land the last thing you should do is let anyone know its a farrang interested in buying land

Secondly 99.99 percent of purchases from the family are likely to be very very expensive, you will probably not even know in whose name "your" land actually is ,equally trust no one in the family to act as intermediarie with someone selling the land

The answer to the problem is that you need a wife/ girlfriend you can trust to handle the transaction without you getting involved

So the problem is do you trust your partner absolutely, together with can you afford to lose the money if your trust is misplaced

Satisfy the criteria and away you go

Good luck