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Democracy74

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Posts posted by Democracy74

  1. 47 minutes ago, phungo said:

    thanks for all the replies!

     

    The title is a chanote.

    She is asking for 1.2 million baht per rai. She has talked to neighbor and says that the going rate is 1 to 1.2 M. 

     

    This seems like a huge discrepancy to what you suggested the price to be.

     

    Prices on here seem to be a bit more in the ball park of what she is saying but there is a huge range also. https://www.ddproperty.com/en/sa-kaeo/aranyaprathet

     

    I have no idea. I told her that if we can sell it for 1M / rai I'd be super happy.

     

     

    Chanote is the highest grade of land title and allows you to build permanent structures upon the land (in accordance with local building regulations) so it could be used for development which adds value. Farming land typically has a low grade title like Tor Bor 5 which does not allow for property development and so is typically used for crops or as a pasture/garden etc. This would have a much lower value. I don't know your area or the land prices there but the Chanote title would indicate a higher value. Try asking the local land office what their valuation would be (they would know for transfer tax purposes).

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