what would u do with it ? if suddenly someone left you with 3 acres of land .

[drifter]

3 acres of land in thailand ( korat ) what would you do with it ? please dont ask me to grow weeds , vegetables or fruits .

 

[Cestbon]

3 acres of land in thailand ( korat ) what would you do with it ? please dont ask me to grow weeds , vegetables or fruits .

If in the city area. Build hotel/shopping.
If in urban then build factory.

 

[drifter]

If in the city area. Build hotel/shopping.
If in urban then build factory.

the surrounding urban is not suitable for buliding factory . and im also not very keen on factory production .

 

[vamjok]

the surrounding urban is not suitable for buliding factory . and im also not very keen on factory production .

Work with tonychat, set up brothels. 3 arces of it!!!!

 

[drifter]

Work with tonychat, set up brothels. 3 arces of it!!!!

Then it will be the biggest sex empire in Thailand

 

[Cruxx]

Lease it out to suckers with more money than sense. Extract rent as only a capitalist could.

 

[Cestbon]

3 acres not that big la. Only about slightly less than1 hectare that is 10000sqm.
Maybe you can build warehouse to keep rice.

 

[Sideswipe]

any restrictions on what a foreigner can or cannot do with his land in Thailand?

 

[drifter]

Lease it out to suckers with more money than sense. Extract rent as only a capitalist could.

I thought of that too every month just collect rental . But don't expect one can profit much from those rents ...

 

[drifter]

3 acres not that big la. Only about slightly less than1 hectare that is 10000sqm.
Maybe you can build warehouse to keep rice.

Rice ? never thought of that . Thanks

 

[drifter]

any restrictions on what a foreigner can or cannot do with his land in Thailand?

Good questions .. I'm going to check more on that tonight . Thanks

 

[Cestbon]

Lease it out to suckers with more money than sense. Extract rent as only a capitalist could.

How much you can lease out on bare land in urban/village?

 

[drifter]

Thought of collecting donation from devotees and bulid a temple to collect more money .

 

[Cruxx]

How much you can lease out on bare land in urban/village?

Not much since he said that it's not suitable for building factories. Otherwise, he could lease it out to foreign MNCs which are prohibited from owning land in Thailand. Which raises the question: how come drifter can own land in Korat?

 

[leetahbar]

u still shall only need 2ft x 6 ft to lie down eternally and hopefully in peace.

 

[Alamaking]

Got money for development? If dun have, just make it into a carpark.

 

[Cruxx]

Got money for development? If dun have, just make it into a carpark.

Or an "integrated resort".

 

[Agoraphobic]

Don't know the local laws there, whether there is zoning and all that.

In the absence of that knowledge, for me, I would consider farm/homestay.

BTW, you could start a small calabash melon startup for artistic pursuits.

Cheers!

 

[Froggy]

Rice ? never thought of that . Thanks

If you don't need it consider selling it. If in downtown Korat can still worth at least 20,000 to 50,000 baht per sqwa

This 3 acres is about 7.6 rai or 3,035 sqwa worth between S$2.6mil to S$6.5mil

 

[chonburifc]

3 acres of land in thailand ( korat ) what would you do with it ? please dont ask me to grow weeds , vegetables or fruits .

Need to find out what category of land. Generally fall into a few categories, stateland, military, commercial, industrial, residential, nature reserve, religious and agricultural. There are a few more sub-categories. Some land belongs to 2 or more categories, meaning the land can be multiple use. If agricultural, can only use for farming purpose. You are also allowed to build shophouses for rent provided it is not for sale.
Agricultural land is plentiful and is the most low value. Don't expect to get much from agricultural land other than farming. Commercial and Industrial land types are higest in value.