While new luxury condo developments compete to out price each other in Chiang Mai, a small group of shrewd ‘redevelopers’ have been snapping up the abundant older units, redecorating them and making some lucrative gains.
Despite the ambitious development going on around the city, there remains a suspiciously large number of mostly empty apartment blocks. They [...]
Author: Neil Simmons
Is Thailand a good place to have a holiday home?
Yes, apart from the fact that foreigners aren’t allowed to own land, which means that the only real viable option is to purchase on a long term lease. The longest lease allowable in Thailand is 30 years. Of course, it is possible to write [...]
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