plumberman123 Posted April 10, 2020 Share Posted April 10, 2020 I saw that this pace was up for sale for a massive amount of money. The ad has since disappeared and I take it that no one was stupid enough to pay what was being asked or even in the region as it was crazy money. Any comment? Link to comment Share on other sites More sharing options...
Davo369 Posted April 10, 2020 Share Posted April 10, 2020 How much was they asking? Link to comment Share on other sites More sharing options...
Davo369 Posted April 10, 2020 Share Posted April 10, 2020 Even before the virus soi sanpan has been quite. A friend of mind tried selling his bar in samui for 3 million baht no fxxxking chance. And again this was before the virus Link to comment Share on other sites More sharing options...
NanLaew Posted April 10, 2020 Share Posted April 10, 2020 23 minutes ago, plumberman123 said: I saw that this pace was up for sale for a massive amount of money. The ad has since disappeared and I take it that no one was stupid enough to pay what was being asked or even in the region as it was crazy money. Any comment? The building and business isn't what the high price relates to. This street is progressively been built up with boutique hotels and restaurants. The large international hospital has annexed land at the north end. The land the Irish Clock sits on is very expensive. Link to comment Share on other sites More sharing options...
ChaiyaTH Posted April 10, 2020 Share Posted April 10, 2020 Just a classic as everywhere isn't it? I mean, they ask 7500 per square wah everywhere too, few who actually pay that. Or like 1.5 million for a little old <deleted> house with land, 200KM from the nearest big city. Link to comment Share on other sites More sharing options...
Kadilo Posted April 10, 2020 Share Posted April 10, 2020 48 minutes ago, NanLaew said: The building and business isn't what the high price relates to. This street is progressively been built up with boutique hotels and restaurants. The large international hospital has annexed land at the north end. The land the Irish Clock sits on is very expensive. 2 new decent hotels. Restaurants? Where? One Italian which has been there ages and the Brick House pub. 1 Link to comment Share on other sites More sharing options...
DreamRider Posted April 10, 2020 Share Posted April 10, 2020 32 minutes ago, Kadilo said: 2 new decent hotels. Restaurants? Where? One Italian which has been there ages and the Brick House pub. Progressively, as in, "in the process of..". Khun "Ooh", owner of the Panarai, had good vision building where he did. Link to comment Share on other sites More sharing options...
Ron jeremy Posted April 10, 2020 Share Posted April 10, 2020 That street has been going downhill for years, girlie bars , hotels low occupancy, nutty park down the street is basically closed, hope the Chinese come n and save the day, it surely ain't the falang! up and coming area???????? 1 Link to comment Share on other sites More sharing options...
DJ54 Posted April 11, 2020 Share Posted April 11, 2020 Bar next to Italian restaurant seems to do ok.. I’ve not been there in two years maybe that’s changed...The corner bar by 7/11 was busy before but 2 years ago seemed business has slowed down there .. 1 Link to comment Share on other sites More sharing options...
CGW Posted April 11, 2020 Share Posted April 11, 2020 11 hours ago, Davo369 said: How much was they asking? I saw one listing at 4.5m some time ago, whether that was the final offering - no idea, for the land, location and size of property I don't think that is a ridiculous price. 1 Link to comment Share on other sites More sharing options...
Popular Post starky Posted April 12, 2020 Popular Post Share Posted April 12, 2020 Rubbish joint has been up for sale for years. Was purchased and the flamboyant character that purchased it did a runner leaving it back in the hands of the original owner who was still owed money. Let's be correct here unless it's a different offer now it's the lease on the bar and the massage place next door that is for sale not the property itself. The property is Thai owned and to my knowledge is not now or ever been for sale. An 8 year lease however was. 2 1 Link to comment Share on other sites More sharing options...
Andycoops Posted April 13, 2020 Share Posted April 13, 2020 Found the place over rated and pricey compared with other places to stay or eat. 1 Link to comment Share on other sites More sharing options...
NanLaew Posted April 17, 2020 Share Posted April 17, 2020 On 4/11/2020 at 2:29 AM, Ron jeremy said: That street has been going downhill for years, girlie bars , hotels low occupancy, nutty park down the street is basically closed, hope the Chinese come n and save the day, it surely ain't the falang! up and coming area???????? And way back in 2004 and the original Soi Farang... And they never saw this coming a few years later... And now... Link to comment Share on other sites More sharing options...
plumberman123 Posted April 17, 2020 Author Share Posted April 17, 2020 On 4/11/2020 at 5:26 AM, CGW said: I saw one listing at 4.5m some time ago, whether that was the final offering - no idea, for the land, location and size of property I don't think that is a ridiculous price. youre not buying the land & building as its leased Link to comment Share on other sites More sharing options...
CGW Posted April 17, 2020 Share Posted April 17, 2020 1 hour ago, plumberman123 said: youre not buying the land & building as its leased That would only reduce the value by about 95%! Link to comment Share on other sites More sharing options...
plumberman123 Posted April 21, 2020 Author Share Posted April 21, 2020 On 4/17/2020 at 12:16 PM, CGW said: That would only reduce the value by about 95%! correct youre buying the reputation and hopefully the returning visitors On the ;ast occassion i went there is was always empty Link to comment Share on other sites More sharing options...
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