You Won't Believe the Price of Houses in Thailand

Lloyd & Mandy

Click the link for your first transfer fee FREE up to $1000 OR a FREE Travel Card - https://wise.com/invite/dic/amandar1452  Are you tired of the Australian housing crisis? Consider investing in Thailand property, where the house price in Thailand is a fraction of what you&#039;d pay back home. In this video, Lloyd and Mandy take you on a house tour in Hua Hin, showcasing the affordable options available in the Thai property market. From studio apartments to luxurious villas, the housing market in Thailand has something for everyone. Get an insider&#039;s look at the Thai property guide and discover why so many expats are making the move. You won&#039;t believe the price of houses in Thailand, and how far your money can stretch. Join us as we explore the affordable world of Thailand property and discover a more affordable way of living.  If you enjoyed this content, please subscribe for more 👇 https://www.youtube.com/@LloydandMandy  If you&#039;re interested in either of these properties click the link to get in touch with Thomas and his team: thomas@g-immobilien.com  GET IN TOUCH: 🌏 Email: lloydandmandy@ruthlesstalent.com 📸 Instagram: https://www.instagram.com/lloydandmandy/ 💻 Our Website: https:

Transcript

00:00This video is brought to you by WISE, the perfect international money transfer

00:04solution for buying property overseas. And this is where WISE, today's sponsor,

00:10really comes in handy. Check out WISE for all your overseas spending needs.

00:22Whoa! Never seen that before. Cool. It looks like they've used top-of-the-line

00:27materials, this whole place. Wow. So here's master bedroom number one.

00:39And I'm guessing this is like controls everything in the house. You got something

00:43like this in Australia would cost you two to three million dollars. As you can see

00:48you get so much more bang for your buck.

00:57Run away, run away, run away, run away, run away.

01:09Go on. It's the poor guy. You know him.

01:22$795,000.

01:28$800,000.

01:31For this.

01:33You guys might have seen I've made a couple of videos about the cost of living and buying a house

01:39in Australia. And as you can see by some of the properties in outer suburbs of Melbourne,

01:45which is where I grew up, Frankston South, you're pretty much looking at $800,000 minimum

01:51for a small two to three bedroom, what I would call a unit, or I guess it's a house,

01:57but like this one, for example.

02:00I mean, that's not exactly a house. I guess technically it is. It looks pretty old and not very

02:07great. My point is that the cost of living in Australia is absolutely ridiculous and

02:11people in our age bracket like millennials and Gen Z are really struggling to afford to get into the

02:17housing market. So I thought today I would actually put my money where my mouth is and I'm going to

02:23go

02:23and show you guys what you can buy here in Thailand for about the same price. So I found a

02:29place that is

02:3116 and a half million Thai baht, which right now currently converts to just under 800,000 Australian

02:38dollars. About six months ago, it would have been much less than that, like 700,000. So the market does

02:43fluctuate a little bit. Yeah, I'm going to go see and compare what you can get for that kind of

02:49money

02:50here in Thailand, as opposed to Australia. Okay, so I guess I should probably mention before we go any

02:55further. The property we're looking at is in a little city on the coast of Thailand called Hua Hin,

03:03in case you've never heard of it. If you've watched our videos, you probably know all about it, but

03:07wait, I'd never heard of Hua Hin until 18 months ago before we moved here. It's more of a

03:14retiree, older, expat sort of place. There's like five golf courses here, pretty good beach,

03:20nothing compared to down south in Phuket or Koh Samui or Koh Phangan for that matter, Krabi. It is a

03:28favorite tourist destination for locals coming from different areas of Thailand, especially Bangkok.

03:35Like it gets really busy on the weekends, but it's one of the last places here in Thailand that's

03:41really still affordable. Like the place I'm going to look at now, if we were to look at the exact

03:48same

03:48place in Phuket or Koh Samui for instance, it's probably going to be well over 20 million

03:55Thai baht. So it's still relatively affordable here and rent is still cheap here as well. So I'll take you

04:01guys along with me now and let's see what we can get for just under 800,000 Australian dollars.

04:14Don't ever tell a Thai person they can't take something on their scooter.

04:20They will make it work every time. The villa we're going to look at is called Birdie

04:25Luxury Pool Villa. I will leave a link down below. I've teamed up with a real estate agent here who

04:34showed me a villa last year. And look, if you're interested in buying it, I'll leave a link for

04:41the real estate agent, but I'm not like working for him. I said this in my last video. I'm not

04:47working

04:47in partnership with them on a commission, nothing like that. I'm not trying to sell this house to

04:53anybody. I literally just want to see what you can get for that type of money here in Thailand.

05:01And I want to show you guys. So I want the content. He's happy to show me around. And I

05:06guess

05:07if you get some publicity out of it and get some clients, that would be great. It'd be amazing.

05:12Either way, I'll leave a link down below. There's a sign for it there. Birdie Pool Villa.

05:21And it's actually right next to Black Mountain Golf Course, which is considered to be, I believe,

05:30the best golf course in all of Thuaien. Never been there. It's pretty expensive. But

05:38if you're into golf, if you're retired, maybe, this might be something that interests you.

05:52Wow, this is the golf course right here, and it looks pretty incredible. Look at the size of it.

06:04Definitely out of my price range. So yeah, the villa's right on the golf course.

06:13There's the driving range over the hill there.

06:25All right, guys, before we get too far into this house tour, let's talk about what it actually takes

06:30to buy a house here in Thailand, because it's honestly one of those things that I think a lot

06:36of people dream about. But the rules can be a little bit confusing if you're not familiar with

06:41how things actually work here. So one of the biggest things you need to know up front is that

06:46foreigners can't legally own land here in Thailand. But you can, however, own the structure,

06:53so the house or the villa itself. And there are a few legal workarounds people use to make it work.

06:59So the most common option is to buy the house and then lease the land long term, which is usually

07:05for 30 years, with the ability to renew it once the lease is up. Another route you can go is

07:11through

07:12a Thai company structure. Although that honestly gets more complex and definitely requires legal

07:18advice. I'm not going to give advice here. I'll leave a link down below in the description. So yes,

07:22it's totally possible to buy a house here in Thailand. But when it comes to the actual logistics of paying

07:29for the property, especially if you're transferring large sums of money from overseas, that's where you

07:35want to be smart. And this is where WISE, today's sponsor, really comes in handy. So we actually have

07:40a friend who recently bought a home here in Thailand and used WISE to transfer the full amount directly

07:47into the seller's Thai bank account. From what they told us, the process was extremely smooth, fast,

07:53and the fees were way lower than what they would have got had they have transferred through a traditional

07:58bank, which is what most people do. With WISE, you're getting the real mid-market exchange rate,

08:03the same one that you would see on Google. There's no hidden markups, no shady conversion fees,

08:10and when you're moving tens of thousands of dollars, such as to buy a house, those small little

08:15percentages can actually save you thousands of dollars. But aside from that, what we also love

08:21about WISE is the multi-currency account. So you can hold and manage money in over 40 currencies at any

08:28one time. You can switch between them instantly, and you can use the WISE travel money card for spending

08:34or ATM withdrawals while you're traveling overseas with extremely low fees compared to traditional banks.

08:41And WISE is also super secure. It's fully regulated and has two-factor authentication,

08:47and it also lets you lock or unlock your card right from the app on your phone. You can track

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08:53transaction in real time so you always know exactly where your money is going, and I think this is

08:59actually crucial for safety. Honestly, for the last two years, WISE has become a massive part of how

09:05we personally manage our money while living and traveling abroad. Whether it's sending money between

09:11Australia and Thailand or paying for things like rent or just day-to-day expenses, WISE keeps it easy

09:18and most importantly, affordable. So if you're planning to buy a property overseas or if you just

09:24want a better way to move your money globally, check out WISE. Thanks again to WISE for supporting

09:28this video and now let's get back into this amazing property tour and show you guys what it's actually

09:34like to buy a property here in Thailand. But before we do, make sure you click the link down below

09:38to get

09:39your first transfer for free up to $1,000 or a free WISE travel money card.

09:58Okay, they just gave me full access to the Birdie Pool Villa and holy shit, look at this place. I

10:08don't

10:08know where to start. So as you walk in here, you've got this staircase on the left, which goes up

10:18to,

10:18there's two master bedrooms. I'll take you guys up there after, but we'll start with

10:24the living room, which is pretty awesome. All of this furniture comes with the place. So

10:33this villa in particular is 16.5 million baht, which is just under 800,000 Australian or just under

10:41500,000 US. But they do have different designs starting from 12.5 million. So they're doing a

10:49sale at the moment. They've already sold two of them. They're just a similar size, a little bit of a

10:55different layout. But like judging by this one, they're still going to be really awesome.

11:01So here we've got the kitchen with the floating, what do you call that? Floating island, I suppose.

11:09Comes with all top of the range appliances.

11:19I'll take you into bedroom one. This is bedroom one.

11:28All the bedrooms have their own ensuite, which is pretty cool.

11:37So this is four bedrooms. This is like the wardrobe for bedroom one.

11:44I can put a TV here. This is bedroom number two. So there's four bedrooms. That one's probably

11:52the worst one. This is bedroom number two. This isn't even one of the masters.

12:03I've got three meter high ceilings and all of the doors and windows are three meters high as well.

12:11So like you can literally

12:17step out from this bedroom and you're in the big backyard with a five by 10 meter pool.

12:30So that's the first bedroom.

12:34Which is pretty epic. I'll be pretty happy with that. But that's like a spare bedroom.

12:39Got the ensuite here too. Just a regular ensuite. Pretty good though.

12:46So far from what I'm seeing, for what you get for your money here, compared to what I was just

12:51looking at online in Australia, it's not even close.

13:02This is pretty cool actually. An outdoor living area or dining area. It has ceiling fans.

13:10So it does get pretty hot out here. Pretty much all year round. But having fans, I feel like,

13:17would be a really nice touch. That's something we don't have at our place.

13:21And look at this backyard. I mean, come on.

13:26We've got two sun loungers here. A nice undercover area to entertain.

13:36Backyard for your dog to run around in or whatever, kids. I can't stress enough how big this pool is.

13:47Just go check out this outdoor entertaining area. Every time I do one of these tours, it kind of like,

13:54annoys me that I can't buy one of these yet. One day. We've got more of a yard back here.

14:02You've got your water tanks there.

14:07So this is where you can entertain out here. As I said, all this furniture comes with the property.

14:17So that's one thing we've struggled with at our place is like, when it's raining, we don't really

14:20have anywhere to sit outside. Whereas here, you've got these undercover spaces with fans. You can sit

14:26outside with the family or friends. Let's check out the first master bedroom and then the second

14:31master bedroom. There's two master bedrooms in this place. Okay, before we go up the stairs,

14:36here in the entry here, there's like a nice storage area where you could keep like golf clubs and

14:44clothes and shoes and stuff like that. Here is basically just a storage room,

14:55which is also a laundry, I believe. So that's probably where your laundry would go. Up the stairs here.

15:02These stairs are really nice. It looks like they've used top of the line materials for this whole place.

15:13Wow. And this is the view you get of the mountains. These are all going to be villas here.

15:20Um, but this one is sitting on top of a bit of a hill that slopes. So this villa is

15:27going to be

15:28above all the other villas that are built. There's a big rooftop deck here as well,

15:38which doesn't really look like it's being put to use. Myself, personally, I would probably put a shade

15:42sail up and have like an outdoor gym and ice bath just so I can work out at home. So

15:50here's master bedroom number one.

15:58As you can see, there is plenty of wardrobe space. Massive, massive master bedroom. And look at this window

16:10overlooking the pool. That's actually a door that opens up, which is pretty cool. If you just want

16:19to get some fresh air, you can open up pretty much every window in this house is a door that

16:26can be open,

16:26like this one. Maybe a little bit dangerous with kids. Maybe, uh, I'd be looking at putting up some

16:39sort of a guard rail or something. Well, I can't stress how big all of these bedrooms are. Any of

16:46the furniture that comes with this, like for instance, the wardrobes and like the positioning of everything,

16:51you can customize yourself. So they sell these before they're actually built. Here's the master

16:58bathroom number one.

17:03Like how everything's kind of got this like rose gold

17:07to it. All the taps and finishings

17:12are really nice.

17:13Also these ceiling lights that dim, we have them in our villa and we fucking love them. They're like

17:21really good for getting the perfect lighting at night time. You don't want to have a bright

17:27overhead light on when you're just chilling out watching some TV or whatever. All right,

17:32let's head down and take a look at the second master bedroom, which I think is actually the best.

17:40That's probably the one we would use if we lived here, which hopefully one day we will live somewhere like

17:44this.

17:45This is a spare bathroom. So if you have guests around, they don't have to use

17:50any of the bedroom bathrooms or en-suites, but here is master bedroom number two.

18:03Not quite as big as the master bedroom upstairs, but as you can see, you got this.

18:17Big bifold doors opening up to the pool.

18:26Massive, massive walk-in wardrobe with a floor-to-ceiling mirror. I look like shit.

18:33Lots of wardrobe space, en-suite with a bathtub.

18:39Incredible.

18:41So I don't know about you guys, but me personally,

18:45looking at this place, this would cost two to three million dollars in Australia in a decent town.

18:51Like where I was looking on the computer,

18:55it's Frankston South, which is where I grew up, Mornington Peninsula.

18:58It's not in the city, but it's about an hour outside the city, on the beach, sort of.

19:05So similar to Hua Hin, it's basically the Melbourne version of Hua Hin.

19:09I think this would honestly cost three million plus back home.

19:15Oh, there's also an outdoor shower there, which I didn't see.

19:21Okay, well, this place is obviously incredible, especially for the price.

19:27There is another house I'm going to go and see.

19:29Thomas is going to go and take me to see another one.

19:32Just to compare, it's about the same price range.

19:34I think it might be 17 million.

19:36So we'll see what you get for 17 million, which is pretty much the same amount.

19:40Yeah, it'd be good to see two different places.

19:42So I'll take you guys along with me to see the next property as well.

19:51Okay, so this one's actually just down the road and it's roughly the same price.

19:55It's about 17 million, but it's a very different style of house.

19:59It's got a massive lawn and garden, big hedges surrounding the house.

20:05It's got a big pool as well, but the setups, like it feels more like a home you would buy

20:12in Australia

20:13with like the lawn and the gardening and everything.

20:16Like it's maybe not quite as luxurious, but it's really big.

20:20It's set on a really big plot of land.

20:21As you can see, there's a massive pool here.

20:25And I'll take you inside.

20:27This is like a sunroom here.

20:29So I kind of like this because you're outside, you've got the breeze, but you're still kind of insulated

20:37by the roof and the fans and everything inside.

20:40So here's the living room.

20:43Wow, this is actually really nice.

20:44I said it wasn't as luxurious, but the inside actually is.

20:48It just looks a little bit different from the outside.

20:51But I mean, look at the size of this TV.

20:53The thing about buying a place in Thailand too, is they all come fully furnished.

20:58So you don't have to bring any furniture over here with you.

21:01Here we've got the kitchen.

21:03And I actually have no idea what this is.

21:06I guess this is just the range hood.

21:10Whoa, never seen that before.

21:12Cool.

21:15Okay, so this is really top of the line.

21:20High ceilings.

21:22Pretty much every place I've toured in Thailand has really high ceilings.

21:26This is one of the bedrooms.

21:32Extra bathroom.

21:34Laundry.

21:38I like this.

21:39This is a little study office area, which I would love.

21:43It's got air con.

21:44Just a bit echoey in here.

21:45So I'd have to soundproof it a little bit.

21:48This is a spare bedroom here.

21:54With its own ensuite.

21:58And we'll go to the other end of the house.

22:00I don't know if that's the master bedroom there.

22:03I think it might be.

22:13Looks like only a queen or maybe even a double bed there though.

22:17So that's not ideal.

22:21One, two.

22:22So this is three bedrooms and this is the master.

22:30Wow, this is a huge walk-in wardrobe here.

22:34Much bigger than the last one.

22:38Oh, this is cool.

22:40This master bathroom is really cool.

22:45Huge bathtub with this view.

22:48Are you kidding me?

22:49It's really good.

22:50It's on a bigger plot of land, as I mentioned.

22:53The interior space is a little bit smaller.

22:58And there's just not quite as much outdoor entertaining area.

23:03So there is the sunroom here.

23:04The living area is a little bit smaller.

23:06And it's single storey.

23:08So the other one is two storey, obviously.

23:10I've got to be honest.

23:12My preference would be the previous villa that we toured.

23:16Just because it's styled a bit better.

23:19All the bedrooms had en-suites and were like

23:23really nice with big beds.

23:26But this one's got like modern amenities,

23:28like the lighting and electronics and stuff.

23:31As you can see here, like a huge TV.

23:35And I'm guessing this is like, yeah,

23:37it controls everything in the house.

23:39You got video, TV, air conditioning, intercom.

23:43So if anyone knocks at the door,

23:45I think there are some aspects of this place that I really love.

23:47Don't get me wrong.

23:48I would love to live in either of these places.

23:50And hopefully one day that's a possibility for us.

23:53But I definitely am leaning towards the first one.

23:56But again, something like this in Australia would cost you two to three million dollars

24:02in any major city, even outside any major city.

24:05Let me know what you guys think down below in the comments.

24:07Which one do you prefer?

24:09Would you ever consider buying a place here in Thailand and living here?

24:13As you can see, you get so much more bang for your buck.

24:15run away, run away,run away,run away, into your escape.

24:21Run away,run away,run away, you're never too far else!

24:26Run away, run away

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