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citizen erased
Joined: 06 Apr 2008
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 Posted: Wed Jul 16, 2008 4:25 am Post subject: Best Country to Buy a House? |
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which country gives the most bang for the buck?
personally, i want some kind of house on the beach. from what I can see, it looks like either Thailand or Singapore, or Argentina.
what do you think? |
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Lekker
Joined: 09 Feb 2008
Location: Seoul
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| Posted: Wed Jul 16, 2008 4:33 am Post subject: |
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| Right now, with the housing market in ruins, America. My parents just bought house in LA. Really inexpensive for what they got. Not even funny what they paid for what they got. |
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Ilsanman
Joined: 15 Aug 2003
Location: Bucheon, Korea
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| Posted: Wed Jul 16, 2008 6:49 am Post subject: |
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Yes, in some cities, if you are lucky enough to get a decent job despite the bad economy, you can get a big house for $100,000 or less.
Small island resort type places are always good. |
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bogey666
Joined: 17 Mar 2008
Location: Korea, the ass free zone
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| Posted: Wed Jul 16, 2008 7:56 am Post subject: |
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| Lekker wrote: |
| Right now, with the housing market in ruins, America. My parents just bought house in LA. Really inexpensive for what they got. Not even funny what they paid for what they got. |
in ruins?
not quite.
even with housing prices sagging, in most places houses go for 50% more than just 2/3 years ago. (as opposed to 100% plus before the stupid bubble burst)
difficult question, especially since it's the developing countries that offer the biggest possible reward.. as well as the biggest potential risk. |
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Bryan
Joined: 29 Oct 2007
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| Posted: Wed Jul 16, 2008 8:30 am Post subject: Re: Best Country to Buy a House? |
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| citizen erased wrote: |
which country gives the most bang for the buck?
personally, i want some kind of house on the beach. from what I can see, it looks like either Thailand or Singapore, or Argentina.
what do you think? |
For Thailand, you need a Thai wife otherwise you're buying a condo which can't even have more than 50% foreign tenants in the compound. You can't own land.
If you're almost dead though, you might consider a 25 year lease of land.
For Singapore, good luck I hope you have a lot of money to spend. I dunno if you've been there or not, but you have to realize beach front property would be expensive in Singapore. Do you think Singapore is a poor country?
Argentina might be good, but I don't know their land ownership laws. Chile seems open to foreign investment. |
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soviet_man
Joined: 23 Apr 2005
Location: Seoul
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| Posted: Wed Jul 16, 2008 1:15 pm Post subject: |
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| At the moment you can buy a studio in Dubai for about $90,000 US (prices there are skyrocketing and I think you could sell it in 5-10 years at a huge profit). |
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bogey666
Joined: 17 Mar 2008
Location: Korea, the ass free zone
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| Posted: Wed Jul 16, 2008 3:43 pm Post subject: |
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| soviet_man wrote: |
| At the moment you can buy a studio in Dubai for about $90,000 US (prices there are skyrocketing and I think you could sell it in 5-10 years at a huge profit). |
you're a good 3 years late on Dubai.
it's (almost) a "sell" right now. |
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Cheonmunka
Joined: 04 Jun 2004
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| Posted: Wed Jul 16, 2008 3:59 pm Post subject: |
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I wish I were American. There are so many beautiful, BIG houses (many with swimming pools) some on river edges, for under 300K. Not NYC area of course but almost anywhere else. I have thought about immigrating to the US simply because of the prices to decently house a family.
Yearly property tax is a little high but. |
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poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
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| Posted: Wed Jul 16, 2008 4:42 pm Post subject: |
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Philippines. Philippines. Philippines.
Ok, everythning is in my sons' name, and it's way in the south where it's not safe enough to live yet, but we bought at around 10$ an acre. Have picked up additional surrounding land for around 20 an acre. Now sitting on near a thousand acres. Almost 3000 front feet on sea water. I'd like to add another 1000 acres so I can sit in the middle of my property and be almost a mile from the edge. Rice paddies, coconut groves, orchard, flat and hilly forest with a small old growth stand, stream (no fish). Eventually make a farm there, turn some creatures loose to reproduce, build a dock, make a quiet life. |
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Lekker
Joined: 09 Feb 2008
Location: Seoul
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| Posted: Wed Jul 16, 2008 5:08 pm Post subject: |
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| Lat year a friend told me he was going to Argentina. He found a beautiful house in Buenos Aires for around 10,000 USD. I told him to start studying Spanish. |
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bogey666
Joined: 17 Mar 2008
Location: Korea, the ass free zone
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| Posted: Wed Jul 16, 2008 5:51 pm Post subject: |
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| Lekker wrote: |
| Lat year a friend told me he was going to Argentina. He found a beautiful house in Buenos Aires for around 10,000 USD. I told him to start studying Spanish. |
THAT might make sense.
and at that ridiculous price, all the sense in the world. That price seems way too low.
the question as always in such locations becomes..
what are you going to do to KEEP living there? as in what kind of work/job will you have on location?
the answers 99% of the time are most unappetizing. |
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Ilsanman
Joined: 15 Aug 2003
Location: Bucheon, Korea
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| Posted: Wed Jul 16, 2008 6:59 pm Post subject: |
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Um...retire? Sounds pretty good to me.
| bogey666 wrote: |
| Lekker wrote: |
| Lat year a friend told me he was going to Argentina. He found a beautiful house in Buenos Aires for around 10,000 USD. I told him to start studying Spanish. |
THAT might make sense.
and at that ridiculous price, all the sense in the world. That price seems way too low.
the question as always in such locations becomes..
what are you going to do to KEEP living there? as in what kind of work/job will you have on location?
the answers 99% of the time are most unappetizing. |
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I_Am_The_Kiwi
Joined: 10 Jun 2008
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| Posted: Wed Jul 16, 2008 7:26 pm Post subject: |
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| buy on Dokdo - i hear prices are on the way up in that place....and you can market it to both Koreans and Japanese when u want to sell |
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Thunndarr
Joined: 30 Sep 2003
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| Posted: Wed Jul 16, 2008 8:06 pm Post subject: |
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| bogey666 wrote: |
| Lekker wrote: |
| Lat year a friend told me he was going to Argentina. He found a beautiful house in Buenos Aires for around 10,000 USD. I told him to start studying Spanish. |
THAT might make sense.
and at that ridiculous price, all the sense in the world. That price seems way too low.
the question as always in such locations becomes..
what are you going to do to KEEP living there? as in what kind of work/job will you have on location?
the answers 99% of the time are most unappetizing. |
My grand plan is to have enough passive income that it won't matter whether I work or not. |
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seoulteacher
Joined: 18 Nov 2005
Location: Seoul
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| Posted: Wed Jul 16, 2008 11:10 pm Post subject: |
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| poet13 wrote: |
Philippines. Philippines. Philippines.
Ok, everythning is in my sons' name |
Your son is Filipino? PH nationality through his mother? If still a minor, OK to put land in his name?
| Quote: |
and it's way in the south where it's not safe enough to live yet,
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Mindanao?
| Quote: |
but we bought at around 10$ an acre. Have picked up additional surrounding land for around 20 an acre. Now sitting on near a thousand acres. Almost 3000 front feet on sea water. I'd like to add another 1000 acres so I can sit in the middle of my property and be almost a mile from the edge. Rice paddies, coconut groves, orchard, flat and hilly forest with a small old growth stand, stream (no fish). Eventually make a farm there, turn some creatures loose to reproduce, build a dock, make a quiet life. |
Are these per acre $ amounts for real? Or, are you pulling our legs? And, if your figures are legit, care to tell us how to get similar bargains ourselves? I'd be very interested - salamat!  |
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