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

[Froggy]

Drifter if you really serious go get a good lawyer and he can do everything for you especially to protect your interest. He will be able to advise you what the category the land falls under and what you can do with it. If this is a general discussion then I think no one here can help you unless have more details.

 

[drifter]

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

Bro it's 30mins drive to the town . I didn't know 3 acres can worth sin$2.6 mil !!

 

[drifter]

Drifter if you really serious go get a good lawyer and he can do everything for you especially to protect your interest. He will be able to advise you what the category the land falls under and what you can do with it. If this is a general discussion then I think no one here can help you unless have more details.

Bro I will post more about the details after all the paper work are done .

 

[drifter]

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

Since I still alive and kicking now , I don't think 2ft by 6ft is big enough for me to move around

 

[lee6100]

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

1. Find out if title to land is good - i.e no hidden owners, etc. You don't want a situation whereby later on someone comes along and says the lands is his, after you've done all the work, built something, etc.
2. Tenure of land? How long? Freehold? etc.
3. Find out from local authorities zoning for the land - i.e. what can you do or build on the land.
4. Any development charges to pay? To anyone? Authority?
4. Do some market research about the location and surroundings - what kind of real estate asset is in short supply for the foreseeable future - do they need more warehouses? Workshops?
5. Just a thought - donate half acre for a Buddhist temple. Build a food court nearby, own the coffeeshop and lease out the rest of the stalls to collect steady income stream.
6. The rest of the land - depends on what you find out from point 4 above and plan accordingly.

cheers

 

[chonburifc]

Drifter if you really serious go get a good lawyer and he can do everything for you especially to protect your interest. He will be able to advise you what the category the land falls under and what you can do with it. If this is a general discussion then I think no one here can help you unless have more details.

Yes, Joe is right. you need a good lawyer for advice. Good news is you can apply for other categories as long as it is reasonable. For example, you cannot just convert a residential land into a factory right in the middle of a moo baan (village). Same for agricultural land, you cannot just convert it to residential or commerical land, else there will be no farmers in Thailand. The categories are known as in colors. red, green and yellow.
My gf own some land plot in Issan but only permitted to do farming.

 

[vamjok]

ay honestly don't wait already. this a good time for you to huat tat.

grow cocaine.

 

[Froggy]

Bro it's 30mins drive to the town . I didn't know 3 acres can worth sin$2.6 mil !!

Drifter I was referring to downtown Korat. Even 30mins from downtown could be just paddy fields then it may be worth like only 1,000 to 2,000 baht per sqwa making this 3 acres worth between S$130k to S$260k.

 

[vamjok]

I willing to partner in with my chemistry knowledge. I can improve the current efficiency of extraction of cocaine from the plant with good purity. this time we can HUAT AH

 

[Cruxx]

ay honestly don't wait already. this a good time for you to huat tat.

grow cocaine.

Yeah. And don't forget to bring some with you when you visit us. I want 3 kilos of crack. Thanks

 

[Froggy]

Yes, Joe is right. you need a good lawyer for advice. Good news is you can apply for other categories as long as it is reasonable. For example, you cannot just convert a residential land into a factory right in the middle of a moo baan (village). Same for agricultural land, you cannot just convert it to residential or commerical land, else there will be no farmers in Thailand. The categories are known as in colors. red, green and yellow.
My gf own some land plot in Issan but only permitted to do farming.

Yes. However in Thailand sometimes if you are close to the orbortor (local government) he can special for you how the hell you think I have factories and warehouses in the middle of orange plantation?

 

[Cruxx]

I heard bookies in Thailand and the police chief are good friends.

 

[GoldenDragon]

I heard bookies in Thailand and the police chief are good friends.

Police Chief will be good friends with anyone as long as latter loaded with cash and prepared to share with police chief.

 

[chonburifc]

Yes. However in Thailand sometimes if you are close to the orbortor (local government) he can special for you how the hell you think I have factories and warehouses in the middle of orange plantation?

Yes, connections is the key. As long as not too high profile. Korat is the gateway to Issan and land value can only get higher regardless of the categories. Land nearer to cities easier to convert to industrial/residential/commercial category. Think don't sell first, observe the nearby developments.

 

[chonburifc]

Recently Thai MP Chuwit (Ex-Massage Parlour King) just "Bao To" the illegal casinos operations in BKK and allege some belongs to high ranking police officer.
Surprise surprise that this come from the king of massage.

 

[middaydog]

Korat!

with current situation may be you should consider 'Under Water World'

 

[Froggy]

Its widely known the casinos involved is own by siaO and protected by police. This exposure is highly politicized. Chuwit is walking on nails.

Recently Thai MP Chuwit (Ex-Massage Parlour King) just "Bao To" the illegal casinos operations in BKK and allege some belongs to high ranking police officer.
Surprise surprise that this come from the king of massage.

 

[Froggy]

Korat!

with current situation may be you should consider 'Under Water World'

Korat is spared this time. Last year they were badly hit. However Korat's neighbor Saraburi is hit.

 

[eatshitndie]

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

fruit, not fruits.

 

[chonburifc]

Its widely known the casinos involved is own by siaO and protected by police. This exposure is highly politicized. Chuwit is walking on nails.

Seems like a desperate attempt by Chuwit to score points in politics. But anyway, casino and prostitution are the lesser of greater evil, drugs.