Finding Tenants How ?

Apartments, Villas, Flats. No agencies.
armchairlawyer
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Re: Finding Tenants How ?

Post by armchairlawyer » Sat Sep 05, 2020 12:50 pm

Strawberryshake wrote:
Fri Sep 04, 2020 8:51 pm

True true rents are dropping and will continue to drop imho simply due to oversupply.
I just liked the idea of conveniently owning a property in PP or Snooky but if such property gonna stay empty then it just going to cost me money each month instead of generating. So The way i see it is i will only buy a unit in Cambodia if its with 50% under the actual value from a owner in stress and who wants out if not i buy something nice in Spain for lower prices btw.
I know someone who is paying PP rental of $7psm per month for what I consider absolutely top quality and top location. I think this is fantastic value. I doubt it will get cheaper than this (of course most condos are asking a lot more than this so you have to be selective).
He recently bought some nice land in the province for $0.6 psm.
That makes a nice mix of value.
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phuketrichard
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Re: Finding Tenants How ?

Post by phuketrichard » Sat Sep 05, 2020 1:05 pm

armchairlawyer wrote:
Sat Sep 05, 2020 12:50 pm
Strawberryshake wrote:
Fri Sep 04, 2020 8:51 pm

True true rents are dropping and will continue to drop imho simply due to oversupply.
I just liked the idea of conveniently owning a property in PP or Snooky but if such property gonna stay empty then it just going to cost me money each month instead of generating. So The way i see it is i will only buy a unit in Cambodia if its with 50% under the actual value from a owner in stress and who wants out if not i buy something nice in Spain for lower prices btw.
I know someone who is paying PP rental of $7psm per month for what I consider absolutely top quality and top location. I think this is fantastic value. I doubt it will get cheaper than this (of course most condos are asking a lot more than this so you have to be selective).
He recently bought some nice land in the province for $0.6 psm.
That makes a nice mix of value.

Hmm, land above ST across from Laos on the Mekong goes for apx $1/sq
our land in Svay Rieng was $.81/sqm
Land, (already filled in and with electric and water on property) with small house just brought in Kep was $56/sq

It all depends on where ya want to live... :beer3:
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
armchairlawyer
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Cambodia

Re: Finding Tenants How ?

Post by armchairlawyer » Sat Sep 05, 2020 1:30 pm

phuketrichard wrote:
Sat Sep 05, 2020 1:05 pm
Hmm, land above ST across from Laos on the Mekong goes for apx $1/sq
our land in Svay Rieng was $.81/sqm
Land, (already filled in and with electric and water on property) with small house just brought in Kep was $56/sq

It all depends on where ya want to live... :beer3:
I meant land as an investment, in this case nice land with no services now but good prospect of roads and electric being provided in a year or two.
$56 psm for land! Now you're talking retail prices! A lot of money has been made in recent years by investors buying large plots, dividing them into retail plots, getting a road and electric set up (and maybe water) and selling on at big mark-ups to retail buyers who then have to build the house!
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