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BANGKOK 17 November 2018 14:43

Mysterion

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About Mysterion

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  1. Mysterion

    Patong - The Wake

    No such thing as “dead” property assets in west coast of phuket. It sounds like you are just too lazy to monetize your property further, or deep down you really do believe that there is potential for cap gains in the future. You claim to have already made a substantial net profit(cap gain + income) since you bought it. If one really believes that there is no more possible cap gain upside potential in patong, and one is too lazy to actively attract/manage renters for maximum yield, they should probably sell at market value and be happy with the overall profit, and enjoy the simplification and risk reduction of their smaller asset portfolio. If a lazy person wants to hold older properties, they should consider renovating them and getting a property manager to manage the long/short leases, or tear them down and sell the land. Bring those assets back to life old sport!
  2. Mysterion

    Anything new or interesting in Phuket?

    As i have already informed you, real estate laws are different in every country of the world, to one degree or another. If you are uncomfortable with foreign freehold condos in thailand, you can be a good old sport and continue as a tenant in your soi nanai palace. Yet again, you told us you would “leave” this discussion. But yet again(for the love of zeus!) you can’t keep a promise for more than an hour. This tells us allot about your character. Again. on behalf of the majority of users who desire accuracy or balanced opinions, please leave the real estate discussion to the mature informed posters, for once and for all.
  3. Mysterion

    Anything new or interesting in Phuket?

    Hehehe Not much has significantly changed unless you are into new malls, new hotels, and new condos, which are popping-up here and there.
  4. Mysterion

    Anything new or interesting in Phuket?

    Thanks for reposting what I said. If you would stop your blind hate for facts, you would easily see that i only acknowledged a “slight difference in structure that had no significant real world Impact”. A far cry from agreeing with your and NKMs willful falsehoods. On behalf of all of us who value accurate and balanced information, thank you for taking “leave”. In addition, we hope to never see you or NKM post your nonsense faslehoods regarding real estate here, or elsewhere on TV again. Finally, in the name of decency, please do us all favor and keep your offensive racially-biased(to put it lightly) and judgemental comments about NKM or others confined to the patong wake thread where it seems to be tolerated.
  5. Mysterion

    Anything new or interesting in Phuket?

    Give it a rest xylo. Once again, you are entangling yourself up in the faslhoods that NKM attempts to spread. You argue for the sake of arguing, rather than presenting anything reasonable. Rather immature of you, especially at your age. You are also insinuating NKM Is somehow a deviant because he is an expert on bar girls and gambling. How dare you! Who made you the judge of NKM’s personal activities? You may not agree with NKM’s personal activities, but as long as he does not do anything illegal or spread false information, you should live and let live. BTW, nobody acquiesced to anything. Re-read the previous posts again if you don’t understand them.
  6. Mysterion

    Anything new or interesting in Phuket?

    Give it a rest man. We already debunked your misunderstandings/misinformation a couple of weeks ago. You need to focus on the only things you know best...bar girls and gambling.
  7. Mysterion

    Anything new or interesting in Phuket?

    Goodluck dude. Keep sleeping well and hoping that the “legal” structure doesn’t collapse on you or your better half doesnt have a change of mind.
  8. Mysterion

    Anything new or interesting in Phuket?

    Goodluck to you. I do hope you can sleep well at night with your “legal” company structure.
  9. Mysterion

    Anything new or interesting in Phuket?

    Yes, you are correct that the foreign freehold condo structure is a slightly “different” model from what’s typical in the west. However, there is no significant real-world added risks with the thai foreign freehold condo model as compared to the west. Thats all that needed to be clarified, and i hope that we have finally cleared-up the misinformation/falsehoods being spread by the other guy. On a related side note, i think that its very intelligent forward-thinking that the thais dont want foreigners controlling their precious lands. Its a terrible shame that the western world hasn’t followed the same model as thailand.
  10. Mysterion

    Anything new or interesting in Phuket?

    LOL!! Assuming you(a foreigner) are the most significant/only funding source for the thai land owned by your wife, or the shady illegal corporate structure you used to buy it, you are actually the one who needs to have the most “extreme long term caution”. How can you sleep at night knowing that your investments can “disappear at a whim” of your wife or via legal confiscation?? Foreign freehold condo owners are the only ones who legally own their share of the building and underlying land. It is the only legal property structure for foreigners wanting to own property in Thailand. Period. https://www.thaicontracts.com/q-and-a-condominium.html
  11. Mysterion

    Anything new or interesting in Phuket?

    It is foolhardy to try to defend the misleading/false information of others. These are the facts about foreign freehold condo ownership- “The Thailand Condominium Act allows foreigners to have outright ownership of an apartment unit in a condominium. Foreign ownership is governed by condominium laws and ownership includes co-ownership in the common areas such as the land, exterior of building, hallways and stairs, roof, swimming pools.” https://www.thaicontracts.com/q-and-a-condominium.html
  12. Mysterion

    Anything new or interesting in Phuket?

    Phuket attracts all types of tourists, hence the mixture of 1-5 star hotels and continued construction. Attractions and attractiveness are subjective. All we know is that phuket is the top beach destination in Asia, and maybe even the world. There is even talk of building another Phuket airport teeminal to handle the expected growth going forward. Whatever the reason/reasons for the attraction, phuket is attractive in many ways to more and more people.
  13. Mysterion

    Anything new or interesting in Phuket?

    Goodluck, but you will never change his delusional views on condo freehold. I agree the quality of condo mgt is very important in thaialnd and all other parts of the world as well.
  14. Mysterion

    Anything new or interesting in Phuket?

    As many others on TV have warned, its not worth the time to try to educate you and clear-up the misinformation you spread. In the future, can you please focus on your bar girl expertise/theories rather than straying into other adult conversations? thank in advance.
  15. Mysterion

    Anything new or interesting in Phuket?

    OMG...You continue with youR silly falsehoods. Who said thailand houses can be bought as foreign freehold? Of course they cannot. To repeat...Condos can be bought foreign freehold in thailand. Foreigners owning a foreign freehold condo own their proportionate share(up to 49% of the units) of the condos underlying land and have voting rights. It is essentially the same as the western world. Get it?? Vietnam only sells 50 year leases, and there are a number of restrictions on usage. Google it and see for yourself. Understand??? Thailand maintains a huge advantage in regards to foreign freehold condo status. That is a fact, and thats probably the biggest reason there are relatively few foreigners living in vietnam. I did business with Vietnamese business owners. During business dealings they revealed the true state of affairs for the vietnamese business owners. Nobody knows the Vietnam challenges better than them. Actually, there are relatively very few thais living overseas compared to other asian nationalities who have emmigrated around the world in vast numbers. Ever wonder why its so hard to get authentic thai food cooked by thais outside Thailand? Unlike myself, you seem to be an expert on the wants and needs of bar girls. So i cant argue with your bar girl theories.
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