Land for Sale 9KM North of Buriram City

[urleft]

Have some nice development land available, about 1.75 rai, almost 50 meters of Black Top road frontage.   Power is available, a local reservoir is about 200 meters away, I thought I saw water pipes installed last year, but not guaranteed.
 
$1.5 Million Baht. 
 
PM me if you are interested, or just take a look at it.  The land starts at the concrete ditch.  The measurements are all rounded and should be within a meter.  However, the frontage markers are not available as the ditch project buried them.   
 
 
 
 
 

[Westlife]

April Fool's Day finishes at Midday urleft 

[urleft]

Last month I was talking to the guy that bought my previous land, I offered him his money back for it (he bought it in Aug), he laughed and declined. 

[davureborn]

My usual cynical answer: remind me again about the symptoms of an approaching financial bubble popping?

[Westlife]

I was only joking urleft,good luck with the sale.

Many years ago I doubled my money on land purchase's / sales but that was at desirable holiday locations.It amazes me how in 10 years these 50k baht a ria plots of land are now reaching 15-20 times that amount.

How much do you think it will cost to fill the land with soil to road level prior to building or is the land only suitable for agriculture ? 

[urleft]

No issues West. 


I would guess about 400 truck loads of dirt.  Which I am considering as I was offered an exceptional price (200 baht a load).  Which would push me into the developement side.  I am toying with putting those standard Thai business shops on the property. 

As far as just keeping it as rice land, it is way not worth the money. 

[urleft]

My usual cynical answer: remind me again about the symptoms of an approaching financial bubble popping?

I don't see a bust on the horizon.   Things are booming here and I plan to take advantage of it.  For example, there are not enough apartments in the area, we have neighbors that are living in very small places because all the decent apartments are taken.   

[Starman]

My usual cynical answer: remind me again about the symptoms of an approaching financial bubble popping?

I don't see a bust on the horizon.   Things are booming here and I plan to take advantage of it.  For example, there are not enough apartments in the area, we have neighbors that are living in very small places because all the decent apartments are taken.   

Take advantage buy selling land now?? Interesting outlook.

[urleft]

Ah, watch and learn grasshopper. 

[Starman]

Touche, Greenback.

[davureborn]

Things aren't booming to the extent that land can appreciate in price ten fold in such a short time. Where are the gold mines, the oil wells? Where are the manufacturing hubs? As far as I can see, Buriram people live from doing each other's washing. Thailand has a very high household debt and those looming vultures will be coming to roost sometime soon. Short term investment, ok, and look forward to sleepless nights if you can stand it.

[urleft]

From my capitalistic standpoint the object is to maximize my profits within the economic climate.   


So I have what I consider excellent investment land.   I will consider selling it before I put in a lot of effort, there is nowhere near a 10 fold increase in price from me, not even 1 fold.      But I would sell as I have bigger fish on the line. 


I expect to incease the price shortly.   If that does not work I will develop the land myself at my total risk.   

[DeputyDavid]

I was looking to put in some apts. for the wife of course so she could have income after I am gone, but what we found was that there was so many being built I am afraid of having a lots of empty rooms.  We will re-evaluate next time out there.  Let me know if you have definite stats coming your way Urleft.  We looked around new Robinsons and prices of the land were going up as we spoke to people.  AMAZING   

[urleft]

New improved price:   1,750,000 Baht

Putting between 800 - 1000 truckloads of dirt. 

[urleft]

As I mentioned there is a local reservoir near by.  In the 2nd picture you can see the house from the 1st picture.