Boathouse Hua Hin Auction

[LLSO]

Just got an email from Boathouse. Seems there is an auction April 13, Songkran Day at 4 PM.
The email says "Quote your own price"

I went to look at it last year and thought it was way overpriced, Looked nice but...

Seems Market is slowing a bit.
Hmmmmm

LL
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"Relax said the nightman we are programmed to recieve. You can check out any time you like but you can never leave"

[Jockey]

LLSO - If you go to the auction you will see the boat house have been very successful in selling their condos. This is due in a large part to their marketing tactics of this is one of them. It is not a sign of market slowdown for beach condos. I wouldn't expect any huge "bargains" but you never know! They are having an all-day event with live music, snacks and such like.
They are building 3 large condo structures and the 4th will be used for rentals only. The first building is completed but is only 90% sold. The second building will be completed about September this year and if I remember is about 70% sold. The third building not ready until the end of 2010 is getting steady sales.
Over the 2 years since the project started prices have steadily increased.

[gilped]

I own a condo at Boathouse and love it there. I'm in tower A, the first one built. Once the place is finished it will be something else. I don't know how anyone can say it's overpriced as the demand is still there and they are selling well. I asked about the auction and they ahve 6 condos left on the 1st 2nd and 4th floors if i remember correctly and they are all looking into the villas across the pool so i reckon they are trying to offload them. I had a look at them when i was there 2 weeks ago and they are not attractive to me, purely because of the privacy issue. They have a hot tub on the balcony but the people across the pool can look directly onto it.

[Gutte]

I was at the auction and can report that all the condo units were sold at surprisingly high prices. The discount compared to listed prices were in all cases as small as within the 5-7 % range, although, as said above, the units were all on floors 1 - 4 and without sea view. Is the market picking up again?

[The understudy]

Let me guess Gutte

A lot of Na Maahs who drove the Prices higher to the High prices that you mentioned.

Good LUck Your's the understudy!!!
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[sandman67]

in a land where corruption is ever present auction bid stacking would be ... well..... unsurprising.

call me old fashioned but auctions are where i buy antiques, swords, militaria, etc....not property.

good luck to the new purchasers tho.
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If I can't smoke and swear I'm f****d!

[crazy88]

Well auctions certainly seem to work in a developers favour as they would have given that 5% to an agent anyway .

I think I might try the buy 2 get 1 free on my pool villas .Of course I will have to mark them up 50% first the same as the shops in Bangkok do with the wine specials .Or I could do a raffle ! 1 baht per ticket and i'll draw the winner when I've sold 6m tickets . As an added bonus I could throw in a minimum of 200 days of sunshine per year gtd.,a roof that doesn't leak ! electricity ! a sink in the kitchen ! and a meal for 2 at any street stall of your choice including water !

Now special deals dont get much more generous than that



Crazy 88

[sandman67]

anyone tried Ebaying a place?
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If I can't smoke and swear I'm f****d!

[STEVE G]

Someone tried to sell Belgium on ebay last year, but they took it off after people started making serious bids!

[Big Boy]

So how much was a serious bid for Belgium? More than 50 Euros?
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Green Army position 10 2007/08
Who said, "I've dumped PAFC for Eutopia at Liecester?"
Ian Holloway (probably looking for a job)

[STEVE G]

I forget the details now, but they had a load of bids under ten euros and then I think someone bid something like a million so they stopped it.

[STEVE G]

Here you go BB:

Fed up with a three-month political standoff, a Belgian teacher posted an ad on the online auction site: "For Sale: Belgium, a Kingdom in three parts . . . free premium: the king and his court (costs not included)."

Gerrit Six placed the advertisement on Saturday, offering free delivery, but pointing out that the country was coming secondhand and that potential buyers would have to take on more than $300 billion in national debt.

"I wanted to attract attention," Six said. "You almost have to throw a rock through a window to get attention for Belgium."

Six is exasperated about a power struggle that has left Belgium in political limbo since the June 10 elections.

Demands for more autonomy from the Dutch-speaking Flemish are resisted by the French-speaking Walloons, making it difficult to form a government coalition and triggering concern the kingdom is on the verge of a breakup.

Six decided to vent his frustration through the ad.

"My proposal was to make it clear that Belgium was valuable, it's a masterpiece and we have to keep it," he told Associated Press Television News. "It's my country and I'm taking care of it, and with me are millions of Belgians."

EBay was happy to take the advertisement.

"It was a really fun listing made by a Belgian," Peter Burin, public relations manager of eBay Belgium. However, the company decided to pull the ad yesterday after receiving a bid of $14 million.

"We decided to take it down, just to avoid confusion," he said

[Big Boy]

$14M to take on a $300B debt somehow, I don't think the bid was that serious
_________________
Green Army position 10 2007/08
Who said, "I've dumped PAFC for Eutopia at Liecester?"
Ian Holloway (probably looking for a job)