Hi all
I am looking to buy a condo in Bangkok, first for investment/rental income, then likely retirement in 10 years or so. I have done a fair bit of browsing and I am starting to get the gist of it but not fully. I have looked at immigration, taxation, inheritance too.
My contacts in the relocation industry should be able to find someone to do some initial groundwork for me including first viewings, against a fee of course. For something really interesting I'd fly from Singapore for a viewing. But I still have questions so if anyone can help with them, I'd appreciate it.
1) Fazwaz: I have been using it for my searches and I don't understand if it is an agency or a portal. Is it reliable? I have seen a condo I really like on it but it's been advertised for over 2 years which makes little sense if it is a good property.
2) Quotas: I understand that foreign quotas are for foreigners . But I have also read that I can buy into a Thai quota if foreign owners don't exceed 49% in a condo. If so I can include Thai quota in my searches. Is that correct?
3) Location: I know Bangkok a little as a tourist but not as a resident. I'd want to be fairly centrally located. If I do a normal search on FazWaz I will get lots of hits all over but if I look for places that allow pets. it will be cut to about 15, most of them in Watthana/Sukhumvit road, near BTS Thong Lor. How does that fare for residential life (not night life ... don't care too much about it)?
Many thanks in advance.
Patrick