Is Thailand a Good Place to Have a Holiday Home?

Thailand a good place for a holiday?
Yes, in fact apart from the foreigners are not allowed to own land, which means that the only real option is valid for the purchase of long-term lease. Leasing allows the longest in Thailand is 30 years. Of course, you can choose to write to the tenant to extend the lease option of 60 years. For the most part, the weather in 60 years is long enough. However, there is a risk, the lessee does not renew the 30 years later, because they are extinct or extinct, the landlord, or some other reasons, as the government has decided to limit the lease term for foreigners, like 10 years.
Thailand has a retirement and vacation industry has great potential. Huge. Of course, xenophobia, arrogance, or just run to the rich and powerful in Thailand, do not want to accept the fact that Thailand could be one of most foreign forces in the deep veins.
Let us not be overwhelmed by the majority of Thai people welcome the new law allowing foreigners to buy land. It is not, after all, throughout Thailand, it is possible in the partition in some way contribute to strengthen the development of the legal and allow foreigners to buy land in these specific areas. Most Thai can see that there will be new money brought into the local economy, and will of its wealth. What is the government fear however, does not allow foreigners to buy land. Are still able to control land use restrictions for the use of residential use. Or simply to allow a retirement visa in Thailand or in specific age of foreigners to buy a dream house. I'm really afraid that foreigners will have a house in Thailand? ?
More importantly, this development for the local economy, the cash flow will lead to new shops, restaurants, and then, the local Thai people job opportunities. Land value increase of these 'designated areas' This will also increase the value of land owned by Thailand (although we all are facing, whether the zoning laws so the government, political leaders have already bought all the land itself, the eve of!).
I am one of the staff of Rayong in Thailand, the aunt is a very old unused land running down a house, a Leroy-yong. The house is about 500 meters from the beach, very near the port of Poi Pet Geshe Mishima. Overlooking the green hills and fields, and who just want a house and land 2,000,000 baht. This is very low, many people (some of the other houses for sale can be found on the World Wide Web Real Estate in Bangkok. Com).
Why not bank loans for foreigners to buy property. They must be able to seize, without payment of the mortgage property. They guarantee. Why, please someone tell me why, to Thailand, countries have no money, no work, no pay in order to obtain mortgages on their behalf if they have a foreigner as acting as a guarantor, but a foreigner he / she will not get a mortgage loan? ?