Made on
Tilda
A finished apartment pays from the first month and can be inspected in person rather than on a render. But a genuinely good resale unit lives for a few days, so you have to be ready before it appears.
Not better, not worse. Different maths and a different set of risks.
Resale risk is different from off-plan risk. The seller here is a private person, with none of a developer guarantees behind them.
Whether the unit is held in foreign freehold or sits in the Thai quota. That determines whether you can own it as the seller does, and who you can sell it to later.
Unpaid CAM fees and sinking fund contributions attach to the unit. Better found before the transfer than after it.
Lifts, roof, pool, facade. If the sinking fund is empty and the building is due for work, the cost lands on the owners.
What the fee is, whether you can leave the rental programme, whether you can use the unit yourself and for how many nights a year.
An urgent exit, a divorce, a problem with the building itself, or simply the end of an investment horizon. The reason almost always explains the price.
Who pays the transfer fee and the taxes at the land office, how it is split between the parties, and what part of it is negotiable.
Resale is not found at the moment you decide to buy. It is found before that.
Investment strategist. More than five years on Phuket: I built a retail business here before real estate, so I know the island beyond the brochures.
Three to five properties with the full calculation, not a list of thirty links. Five short questions, and the budget one comes fourth.