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BANGKOK 20 June 2019 11:55
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olsen

Khanom Beaches

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I was talking to 1 bar owner on Saturday night and he can't get anything near what he paid for it back :) and his house is also for sale..... That is over 2 years on the market without a nibble..... Who is starting to get worried??

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Olsen, seems you know a lot about Khanom. Just to avoid mistakes, when is the best time to go Khanom, with good weather and calm sea (to go to the nearby islands)?

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Olsen, seems you know a lot about Khanom. Just to avoid mistakes, when is the best time to go Khanom, with good weather and calm sea (to go to the nearby islands)?

Now! get packing.

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I mean, I stay in KPG, not so far and actually the sea is force 6-7 from ESE. Are you sure?

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6 posts in a row? You sound like a worried man Olsen. Until there is an infrastructure, it will never take off. Out of all the farangs I know/knew there, three are left and the others have either died or left with very deep and empty pockets and long faces.

:)

Well...I started this post, right? So don't you expect me to reply??

Sorry about your buddies who left with empty pockets....they probably invested in Khanom at the wrong time...

I am a former business broker, and the most important thing in business is to make sure that you actually have adequate capital to run this business....and remember that it often takes 1 to 2 years before your business is profitable. No matter if we're talking about Phuket, Bangkok or Khanom!

Khanom is new...and up-and-coming, so if you cannot survive in busienss until it is profitable, then you don't have enough capital. I know plenty of people in Pattaya and Phuket who started up in business and only lasted 6 or 12 months before they went broke....

I also know a lot of business people in Khanom who are doing very well....

My advice to my former business broker clients was: Don't go into business if you cannot survice 12 to 18 months without profit!!

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Yes it is a little hard to get to the beach from a hotel in Bangkok. If you read the whole sentence you will notice that I include Phuket and Samui. Please don't tell me that it is hard to get to the beach from these places because I won't believe you.

Why is it that somebody always tries to make something appear better than it really is???

Worried, I should say so. Just look at that building project that is half complete and a year behind schedule. Thai Royal Residence, if I am not mistaken.

Lets sum it up: No Infrastructure, very little in the way of western food, the Thai food is Thai food(gaeng som anybody?), poor service, and to top it off, sand flies.

I never mentioned it was hard to get to the beach in Phuket and Koh Samui.....but on the other hand...I must say.....actually it is hard to get ANYWHERE in Phuket and Koh Samui in the high season. Traffic jams all the way around the islands, thousands of tourists fighting to get the same empty spot at one of the beaches....the beaches are so overcrowded that you can hardly breath!!

And you forgot to mention the names of these 1,300 baht beachfront bungalows....I would love to visit them next time I go there!

Why is it that somebody always tries to make something appear worse than it really is?

As for me, I just tell you my opinion, adn you don't have to agree with me, but of course I will defend my point of view.

I have talked to hundreds of tourists in my 3 years here...and I've only met a few persons that didn't like Khanom!

I can give you links to several sitea that praise Khanom....but why bother....you have your opinion and that is okay with me.

Regarding Thai Royal Residence....they were hit very hard by the world wide economical crisis and had to halt the contruction....but they're ready to continue their project from New Year.

Such situations are also the fact in Phuket and Koh Samui....Phuket alone had 50 unfinished developments last time I heard about it....developments are halted all over Thailand, so this single one in Khanom it nothing to worry about, is it??? But of course this was the only example you could find, right?

Edited by olsen

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My advice to my former business broker clients was: Don't go into business if you cannot survice 12 to 18 months without profit!!

I give the same advice to folks trying to start up a business on Phuket Island.

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I was talking to 1 bar owner on Saturday night and he can't get anything near what he paid for it back :) and his house is also for sale..... That is over 2 years on the market without a nibble..... Who is starting to get worried??

Yeah...I know this guy too.

I have his bar and his house for sale!

His house is a 5 storey monster overlooking Khanom Bay. He started advertising it for sale 2 years ago for 30 million!!

Highly overpriced!

1 year ago he lowered his asking price to 25 million THB.

Still highly overpriced!

Today it is for sale at 15 million THB.

That is a fair price and I guess it will be sold within the next 6 months!

And the guy will still earn money on it, coz he didn't pay that much for the land and the construction for sure!!

His bar was also overpriced...staring with 28 million THB for a bar with restaurant and 9 rooms for rent.

Now the price is reduced to 22 million THB.

Still overpriced. And I doubt very much I can find a buyer for him.

I reckon the price should be around 15 million THB.

If he sell at that price, he will for sure not loose money!!

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Olsen, seems you know a lot about Khanom. Just to avoid mistakes, when is the best time to go Khanom, with good weather and calm sea (to go to the nearby islands)?

Right now is not the best time! We are hit by the moonsone this month and it rains cats and dogs!

Best time to visit is from end of December to end of March/start of April.

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olsen, I know you are promoting the Khahom area and that you are familiar with Tha Sala. So how much would a 2.6 rai plot of land in Tha Sala with about 40 meters of beach front and 100 meters from the beach to the road of cleared level land be selling for at this time? I'm guessing at least 2.6 million baht or more.

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Olsen, seems you know a lot about Khanom. Just to avoid mistakes, when is the best time to go Khanom, with good weather and calm sea (to go to the nearby islands)?

Right now is not the best time! We are hit by the moonsone this month and it rains cats and dogs!

Best time to visit is from end of December to end of March/start of April.

This is what I need to know. Thank, Olsen. I'll ask for more input the next season :)

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olsen, I know you are promoting the Khahom area and that you are familiar with Tha Sala. So how much would a 2.6 rai plot of land in Tha Sala with about 40 meters of beach front and 100 meters from the beach to the road of cleared level land be selling for at this time? I'm guessing at least 2.6 million baht or more.

Yeah I know Tha Sala. This is a small size of land, so the price per rai is a bit higher than the bigger plots. With 40 meter beachfront the average price per rai is appx. 1.6 million THB. For bigger sized beachfront land the price is in average 1.5 million THB per rai. If you can find 2 rai for less than 1.6 per rai, then it's a steal! Good luck ;-)

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This is what I need to know. Thank, Olsen. I'll ask for more input the next season :)

You're welcome, angiud!

Friends of mine who lived and worked here for 12 years say that the monsoon these last few days is the worst they've ever experienced in this area!!

Today no storms and no rain, and the sun shined from a blue sky in the morning. A little windy though....and the sea is quite rough.

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Take a look at these wonderful beaches.... what do you think?

Beautiful-where are they-is therec any place to stay nearby?

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