INSANE $60,000 CONDO TOUR in Bangkok Thailand

[@MASTERASSBLASTER69]

Awesome video! Not sure about making money back in a reasonable amount of time though. The 1 bedroom At 8,000THB a month it would take 22.9 years to make your money back and at 10,000THB it would take 18 years. I mean appreciation is good and all but that rent is not high enough for a rental property.

[@ReneMedia]

Rental yields are horrible since the peak of 2016, anyone that lived here long enough that knows it but there is always new people who try to shill them. The quality and maintenance is often horrible too, and as they are not really occupied, you pay management fees, you pay agent fees to find tenants that leave all the time + tax is coming.

[@schow2020]

Thanks for showing. If someone is from the US, it is better to rent. You can get an excellent apartment for $300-$500 monthly. If you invest $60,000 in the call option stocks, you can get a monthly income of $1,200 -$1,500 without losing capital.

[@ramongodaslopez-rm1si]

oh 30% sure buddy

[@genericdeveloper3966]

Call options == more risk.

[@kpopbutlofi]

I am in Thailand right now, still didn't find excellent apartment for $400, I'll take any lead

[@mosqutio88]

You sell covered calls?

[@tongchai84]

My wife and I just bought a condo in Bangkok. Nue Core. We arrive in November. Wish you could check it out. Great video.

[@dogashito2653]

I'm curious what kind of stay permit you have to live there?

[@azharidris7092]

its not a shoe box.. its practical and beautiful.. there's no winter in Thailand.. all the space you want is outside.. American need to redefined the concept of space and self..

[@bunluesaisamathachai9461]

I bought a unit from Noble last year but located at Srinakarin road. It is right next to yellow line monorail Sri-Lasalle station. The unit I bought is 35 square metres. I actually wanted a bigger one, but 35 is the biggest. Haha. The common area fee is 45 bath per square metre per month, so it’s roughly 19000 B, pay annually in Jan each year.

[@avent4408]

Are u happy & are u renting it out when not using? i.e. airbnb or local. Congrats

[@alexandertraveler510]

thats far. you cant do airbnb.

[@bunluesaisamathachai9461]

I have rented it out since Jan this year for 1 yr contract. The renting in this condo is actually not bad. It is close to Singapore international school and not too far from hugh mall like Mega Bangna and Seacon Square. I put an ad on FB page and got many calls from agents & potential renters within a couple days.

[@bunluesaisamathachai9461]

I have never used airbnb before but renting a unit out for less than a month is prohibited for most condos. Some condos are very serious (and the owner will be fined heavily by the juristic office when it finds out) and some are not.

[@alexandertraveler510]

Using agent not good?

[@GenkiStarLeaf]

Hey Paul, just a quick correction. The 2 bedroom condo you showed is not classed as a 2 bed per se. Noble classes it specifically as a 1 bedroom plus. The actual 2 bedroom properties would roughly be around 45-46sqm.

[@petitlapinkiel]

Well done, really interesting insight and great place. Thank you

[@mariettathornton5924]

Great video Paul ❤

[@kalyasiri]

Reasonable price. Nicely decorated room ❤

[@HelloThere-uu8ln]

So like, how loud is it being that close to an airport? I know Bangkok isn't known for being quiet, but does this mean I'll be hearing planes 24/7?

[@rhddfgdfdrgd]

if the audio equipment can just be left like that without disappearing, it's pretty wild and amazing i live in denmark one of the safest countries in the world according to so many people not even a remote control for a tv in a hospital waiting room can be left out without being stolen

[@JacksparowLL]

It's a nice condo for 1-2 people and small budget.

[@ThrowBackZone]

Anyone else low-key considering quitting their job and moving to Bangkok after seeing this? 🌴💼 $60k is a steal with all these extras!

[@MDonovan]

In Vancouver you have to pay more than that for extra parking space in popular downtown condos

[@duanekaaz3159]

I had 60k. But blew it stupidly. Even if 5 years from now. I'm coming over. That's Amazing.. It's My dream. I'm coming.

[@Raulsta1985]

If you haven't even got $60k now you stand no chance for the future......

[@Zoo22studios]

@@Raulsta1985when did you give up?

[@alexandertraveler510]

bitcoin.

[@peterempire1777]

what is the HOA monthly fee? maintenance fee

[@warrpedd]

Good location if you want to be far from popular tourist areas in Bangkok. But a 5% ROI sucks. Good luck getting your investment back.

[@tangotang4734]

Very nice👍👍 thank you for the private tour💜💜

[@jamestravis1037]

Very nice!!! LOVE it

[@Pgi458]

I’m sold. Looks like a nice place

[@rockstarjoehang]

Love it!! Thanks Paul🙌🏽🙌🏽🙌🏽

[@ReneMedia]

2.2M baht is like 65K tho, one could finance a house in Europe for that and actually get like 50k baht rental income. For 1.5M baht I would consider it.

[@joeyc5621]

So obviously being paid to promote this condo. There is such a glut of these condos and this is so far from central. It’s a money pit.

[@turtlemanforeva]

not to mention terrible investment, always rent if in BKK. Once the population bomb hits they won't know what to do with all these apartments

[@nicolaslemay]

It’s 25km away from the center, 3km from the metro station. And most importanly, it seems to be right under the flight path of the airport runway. To be honest, for the small size of those apartments, i don’t find it that cheap (and I’m from Canada).

[@maazhussain2]

I wanna know 1 thing. I suppose you are on a DTV being a digital nomad, then how are you able to partner with them and are promoting it? Wouldn't that be illegal on DTV?

[@Phrish]

Thanks for the video. Always love condo walkthroughs!! I wonder about rental income though. Thailand isn't exactly in a housing crisis.

[@uksoul2001]

You can get stable income with the right place but making profit from it is going to be tough. 1000s of condos are empty.

[@andrewfrolov893]

Story of success - from NYC to real estate agent in Bangkok, selling a dream to countrymen. So common for all these SEA/Thailand ambassadors.

[@chinobonito30]

game recognize game.

[@andrewfrolov893]

@@chinobonito30 ??

[@peterempire1777]

paul got skills

[@NeverHaveKids]

Nice video. Like the lower-priced places. But beware buying Thai condos if you are a foreigner. Renting is the way to go. Many videos outline the problems.

[@Creamy_Durian]

The ongoing Thai baht rally is making traveling to Thailand less attractive. I would like to see you make a video to address what you think about it.

[@yanatas]

Video got my entrepreneur mind thinking non-stop. I can LLC the $55K. Then, each year, use it few months, airbnb few months, send friends there few months. I like that it is near a university. I can send kids, nieces, nephews, friend's kid. Geez, options are endless. Have to go & see. Not sure why Thai has never been on my radar.

[@icoco313]

Damn, that's well-thought-out, but go there first to properly assess the risk.

[@GenkiStarLeaf]

I wouldn’t recommend renting out property in Thailand. It’s an unregulated minefield over-there. Even if you went through a property agency to manage it. I’ve seen so many horror stories of Thai landlords getting their rented out properties completely destroyed.

[@davidc4408]

Air bnb has problems in Thailand they clamp down

[@e.l.5402]

Or you just rent it when ever you want for 300$

[@avent4408]

@@GenkiStarLeaf Good point. But regulated markets are not EZ. An LLC friend rented out $350K house. Tenant secretly pet sitting with 5 animals trashing. It took 7 months to kick her out, So, she lived 7 months free before courts came to kick out. Money lost = 7 months x 3K = 21K + legal fees + renovation. They cry nonstop.

[@randydecastro950]

What is the monthly maintenance fee?

[@donaldwilson5693]

Very nice for the price. What are the maintenance fees?

[@Theprouteu]

Dude is real estate agent now

[@joshbrown3060]

Do they allow you to Air BNB the property out?

[@innervisionjj]

No! That would be illegal.

[@joshbrown3060]

@@innervisionjj How? Because they do have places that do Air BnBs. What is illegal is the ROI that you get when you rent the property out. Even though its start at 60K the ROI is still not worth it. That is the reason why I ask if they Air BnB the property out.

[@innervisionjj]

@@joshbrown3060 You will be a farang in Thailand violating your visa conditions for one.

[@joshbrown3060]

@@innervisionjj How? There are many foreigners doing Air BnB, as long as they follow the guildlines of Air BnB in Thailand and as long as the building allows it. The ROI is not worth the investment to only renting the standard month to month or long term lease. The price on that 60K condo (and other condos presented) have to be cut in half to get a proper ROI investment on the property. That all I am saying.

[@kayqq361]

No. It's illegal

[@Budismo7917]

Its a great price and very nice 👍🏻but that booking fee 😮 its looks like a deposit for rent and its not a rent if it is like one time payment for maintenace of the building than maybe but i think i prefer to live in a rent condo or apartment😂🙏🏻

[@bobgoodi-jd4dx]

Aa nice one bro

[@JohnSkyLey]

I would prefer to rent in Bangkok

[@TheCompletePackage007]

So $60K for 24 m^2? Pretty expensive for the amount of space and location.

[@noahwald907]

What are the maintenance costs?

[@vattpo]

Very nice condo. Is there 2br/2ba units in this complex?

[@omachinancy]

What is the monthly fees? There is so much other spaces that all you need is a place to sleep

[@peterempire1777]

fit back muay thai gym? did you say?

[@kayflip2233]

It's good for survival in luxury settings. At least you will never be homeless even if you lose your job and just get some contract work from time to time you can rest assured that your home is paid for at only $60k. I am speaking to Westerners that earn a good wage ($200k USD+).

[@arnoudvandaveren8323]

Does this appartment really cost $60.000 usd?

[@Crazykidzz]

if its only 7000-8000 baht to rent.... why buy lol

[@KojLok-dy6gp]

Rent goes up

[@uksoul2001]

​@@KojLok-dy6gpthat area rent won't go up much,

[@uksoul2001]

Great point..in terms of return better to rent in Bangkok and invest elsewhere

[@williamhartz8707]

I am sure the 60,000 dollar condo is only30-35 square meters. I wonder what the monthly maintenance fee would be.

[@ascendantP]

He mentions it in the video if you watched the condo tour. It's for a 24 sqm condo

[@GenkiStarLeaf]

From my experience with another Noble based condo, you would be looking at $50 - $60 per month for service charge.

[@itsthekidkc]

As an investment it’s stupid you make your money back in 30 years. But if you just want a place to live and enjoy it make sense also you can just rent since you can’t own anything over there

[@avent4408]

Problem is, if u only go there 1 or 2 times a year, renting 1 yr lease, leaving it empty for 9 months is a waste...

[@kapohojoeAdventure]

Thank u nice place

[@coscorrodrift]

i mean if you say the rental income is 7000 baht / $200, that's a nice rent too lol. what would the tenant pay?

[@WarriorVerse28]

Was set on moving to Bangkok, but the air quality is too much of a concern for me.

[@iirgendsonTyp]

😂

[@ThomasTomiczek]

Not having a 13th floor has NOTHING to do with Thailand - I suggest ou try finding a 13th floor in most of the world. GENERALLY not done, or not accessible (nice floor for some tech level).

[@iPaulLee]

13th floors are seen in the USA right? What is the reason for not having 13 floors? I always thought it was Asian superstition

[@davidc4408]

What do you do for medical in Thailand? Like dentist? Is it expensive?

[@uksoul2001]

Dentists are way cheaper than other major cities. A lot of dentists speak English so no communication problem

[@JohnSkyLey]

Medical care is very good and cheap

[@Johnfulkan283]

That's a good value for 98k USD 2 bed, if rental income is b/t 10k to 13k Bath per month.

[@ericsmith-VN]

Nobody uses the amenities, even the pool at a complex with thousands of residents are sparsly used , even on the weekends

[@Nikola-ft9lu]

The apartment is not bad but the price is too much for that size. If it was around 30k-40k $ would be more realistic.

[@yoji8130]

i'd buy it but without the visa how can we live in it

[@uksoul2001]

Check the new 5 yr visa DTV.

[@michaelk.2210]

More claustrophobic shoe box condos. Chinese developer. Looks the projects in New Jack City.

[@benhogan4739]

A few years ago they were only $45,000. 😒

[@Marek_Cali]

it is not cheap at all. multiply it by 3 to get decent condo size and 70 sq come to almost 200K USD. for that money you can but a lot of nice properties in Spain or Italy

[@seat2d]

It's so far from the city

[@tomsaway123]

It's about an hour drive.

[@marimelamed7839]

Good condo ! Pets friendly ???

[@GenkiStarLeaf]

No, Noble doesn’t allow pets

[@marimelamed7839]

@@GenkiStarLeaf 😟

[@deborahcurtis1385]

A Murphy bed is essential in this small space. Even then the size is very challenging. It looks very empty in the shared spaces which could be depressing.

[@Kushal6831]

Luxury condo in Bangkok 😊

[@krausergaming8043]

98000$

[@stablemovement]

Hi Paul. What camera do you use? Another great video.

[@lotuseletre8724]

it looks like he is using DJI Osmo pocket 3. look at timestamp at 11:49

[@magnetoforce704]

Beware of investment scammers in the comments area.

[@cremersalex]

Too bad there wasn't a piano or a keyboard in the music room.

[@marimelamed9721]

is it pet friendly?

[@City_Valencia]

It's a studio room but call it a 1 bedroom. 😂

[@rhddfgdfdrgd]

it sounds like a terrible business to buy to rent out it will only take 21 years to break even if you only and then everything else comes next to it e.g. tax maintenance administration etc... you are going to lose a lot of money if you buy to rent out

[@simonassouline1230]

Waste of time!

[@ZENbulldozer]

Look, fashion isn't my area, but your shirt is the most ill-fitting I've ever seen, and I've seen that ridiculous Kanye West and Lil Pump film clip.

[@asiuhakfhyaziuf3701]

no, it fits him well, that's a large fit I personally love it

[@kevinp8108]

@ZENbulldozer - Currently, Bangkok is in the rainy season and it's hot and humid so wearing loose-fitting clothing is a must! Light and airy clothing will keep you cool in a tropical climate.

[@DiogenesTheFrog]

Do they have a bigger option?

[@SiemkaSiema]

5:20 What movie is that?

[@teresalehtonen8499]

You have really nice voice!

[@iPaulLee]

Thanks!

[@olegsevtov3273]

Expensive

[@lanlam2114]

How far is it from Central?