I address two of the main questions I keep getting in my comments section. How and why I bought a condo in Bangkok Thailand instead of renting and how I make a living out here particularly teaching English. What are the Pros and Cons of buying a property here and address many of the misconceptions around foreigners buying Real Estate in Thailand
00:15 Why I am Making this Video
02:32 How to Buy a Condo in Thailand
49:15 How to Make a Living in Thailand
Please checkout my new Pros and Cons of Buying Real Estate in Thailand 2019 Update Video for additional Information
• Pros and Cons of Buyin...
ADDITIONAL INFO I DIDN'T COVER DUE TO TIME RESTRAINTS
It's my "opinion" that you consider buying your condo near a "central plaza mall" just as much as buying close to a BTS or MRT line as the central malls are a huge hub for Thai's with banks, cinemas, grocery shopping etc, that will make your life not only easy but also help maintain the resell value of your home.
Another reason you should buy a local condo that mainly locals buy is that there's a technical requirement that most of the units be owned by Thais for a foreigner to buy a condo as well.
As for getting a loan to buy a condo, when I asked a loan officer from a bank, as a foreigner you only qualify for 50% Loan to Value, meaning financing of only half of the total value of the condo, and you need to provide pay slips to prove your have legitimate income in Thailand. There may or may not be more or less requirements to this as I never ended up getting a loan and it's been over 2 years since I talked to a loan officer.
You should also try to get a condo on a higher level not only for the view but the lower levels tend to have issues with mold and humidity which become a huge issue down the road especially if you travel frequently and don't want to return to a moldy room. They are also much louder being closer to the roads. It's my opinion that the extra money spent on a higher floor here is better spent than a larger room.
Ultimately, I recommend you come out here and slowly form your own opinions and preferences around these topics and make decisions that you are confident with and only use the advice of others like me as a starting point to start your own journey in Asia.
MORE INFO IN BANGKOK FLOODING
bkkbaseface.wordpress.com/201...
www.thaitravelblogs.com/2011/1...
If this is your first time, please consider subscribing and setting the bell alerts as we release vlogs every Saturday and long form guides about living and traveling in Asia every Wednesday
___________
**SUBSCRIBE & GET SOCIAL**
*Main Channel
/ livetravelasia
*Travel Channel
/ travelingasia
*Instagram
/ livetravelasia
*Facebook
/ ethanlta
___________
**GOOGLE MAP LOCATIONS**
goo.gl/maps/VkXX9wbP9WH2
___________
**CURRENT GEAR I’M USING**
Sony a6400: amzn.to/2N0Wyqy
Sony 18-135 f3.5-5.6: amzn.to/2Fp3url
Hoya HMC 55mm UV Filter: amzn.to/2XobDqh
GoPro Hero 7 Black: amzn.to/2N1BbWn
Sony A7Sii: amzn.to/2Ieu6ut
Zeiss Batis 25mm f2: amzn.to/2wAlDk7
K&F Concept 67mm ND Fader: amzn.to/2KXxWtF
Zhiyun Crane Plus: amzn.to/2KiiFCN
Sony UX560 Voice Recorder: amzn.to/2WR3OoF
Sony TX800 Voice Recorder: amzn.to/2Iw3Gag
Aputure AL-MX Lights: amzn.to/2FohyBn
Sirui T-005KX Tripod: amzn.to/2WT1WMh
200PL Quick Release Plates: amzn.to/2IWWq6g
Final Cut Pro X Editing Software: amzn.to/2Fp4L1B
These are affiliate links which means I may receive a small referral commission from Amazon if you purchase something through them. It'll in no way affect your purchase price but it’ll help our channel in a small way :)
___________
**BECOME A SUPPORTER THROUGH**
*PATREON for additional behind the scenes content
/ livetravelasia
*PAYPAL to support our gear and travel expenses
www.paypal.me/livetravelasia