what do you guys know of real estate investment in laos? is it safe? it would be nice to buy some propeties there and leverage your dollars.
glad i found this board and look forward to chatting with you guys.
Full Version: real estate investment in laos
i'm new to this board
what do you guys know of real estate investment in laos? is it safe? it would be nice to buy some propeties there and leverage your dollars.
glad i found this board and look forward to chatting with you guys.
what do you guys know of real estate investment in laos? is it safe? it would be nice to buy some propeties there and leverage your dollars.
glad i found this board and look forward to chatting with you guys.
I was thinking the same thing. I'm particularly interested in acquiring houses in Laos and Vietnam built in the French colonial style.
QUOTE (Li Mei @ May 22 2005, 01:57 PM)
I was thinking the same thing. I'm particularly interested in acquiring houses in Laos and Vietnam built in the French colonial style.
what is your ethnicity?
QUOTE (baolao18 @ May 22 2005, 04:07 PM)
what is your ethnicity?
I'm Hmong.
QUOTE (Li Mei @ May 22 2005, 11:57 AM)
I was thinking the same thing. I'm particularly interested in acquiring houses in Laos and Vietnam built in the French colonial style.
you have good taste. french coloniel style overlooking the mekong river sounds heavenly.
from talking to alot of people, property ownership (land and improvements) is very different than what we know it in the united states. if you know of any lawyers in laos, please let me know. i would like to find out for sure before taking any action.
QUOTE (kone @ May 25 2005, 08:44 AM)
you have good taste. french coloniel style overlooking the mekong river sounds heavenly.
from talking to alot of people, property ownership (land and improvements) is very different than what we know it in the united states. if you know of any lawyers in laos, please let me know. i would like to find out for sure before taking any action.
from talking to alot of people, property ownership (land and improvements) is very different than what we know it in the united states. if you know of any lawyers in laos, please let me know. i would like to find out for sure before taking any action.
I have a friend going to Laos next week. I'll ask him to look into it for me.
There's two houses in particular located in Vientiane that I'm interested in but I don't even know if those houses are still standing or not.
What do you think? Is it worth the search?
QUOTE (Li Mei @ May 30 2005, 12:37 PM)
QUOTE (kone @ May 25 2005, 08:44 AM)
you have good taste. french coloniel style overlooking the mekong river sounds heavenly.
from talking to alot of people, property ownership (land and improvements) is very different than what we know it in the united states. if you know of any lawyers in laos, please let me know. i would like to find out for sure before taking any action.
from talking to alot of people, property ownership (land and improvements) is very different than what we know it in the united states. if you know of any lawyers in laos, please let me know. i would like to find out for sure before taking any action.
I have a friend going to Laos next week. I'll ask him to look into it for me.
There's two houses in particular located in Vientiane that I'm interested in but I don't even know if those houses are still standing or not.
What do you think? Is it worth the search?
li, sorry for the late response. i couldn't log in until now. first, let me say that i'm no handyman and probably not the right person to ask. my personal feeling, as a licensed real estate broker, is that you need to worry more about termites and rots due to the tropical temps in laos. might also want to think about new plumbing and electical upgrades you would need to do. from the pics you might need to throw in about 20 grand to make it "comfortable."
i believe you might do better with a newly built replica with all the modern essentials. you might get a really nice one for $50,000 to $100,000. pick a good location and build one. don't forget to send a house warming invite this way when its done
QUOTE (kone @ Jun 5 2005, 08:04 AM)
li, sorry for the late response. i couldn't log in until now. first, let me say that i'm no handyman and probably not the right person to ask. my personal feeling, as a licensed real estate broker, is that you need to worry more about termites and rots due to the tropical temps in laos. might also want to think about new plumbing and electical upgrades you would need to do. from the pics you might need to throw in about 20 grand to make it "comfortable."
i believe you might do better with a newly built replica with all the modern essentials. you might get a really nice one for $50,000 to $100,000. pick a good location and build one. don't forget to send a house warming invite this way when its done
i believe you might do better with a newly built replica with all the modern essentials. you might get a really nice one for $50,000 to $100,000. pick a good location and build one. don't forget to send a house warming invite this way when its done
True. It's cheaper to buy a new house than to buy and restore an old one but new homes these days lack character and history.
Great investment, i plan on visiting hong kong again next year and look for 
something in Shenzhen, China just only 30 minute ferry ride to Hong Kong.You can buy a 2 bedroom apartment brand new for $60,000 cdn.
something in Shenzhen, China just only 30 minute ferry ride to Hong Kong.You can buy a 2 bedroom apartment brand new for $60,000 cdn.
Whatabout real estate in Luang Prabhang? I preferred it to Vientiane. But how is the condition of sale? Is it a leasehold or freehold in Lao PDR?
QUOTE (Bulldogg @ Aug 14 2005, 06:25 AM)
Great investment, i plan on visiting hong kong again next year and look for something in Shenzhen, China just only 30 minute ferry ride to Hong Kong.You can buy a 2 bedroom apartment brand new for $60,000 cdn.
something in Shenzhen, China just only 30 minute ferry ride to Hong Kong.You can buy a 2 bedroom apartment brand new for $60,000 cdn.Dude, 60k cdn isn't cheap. Investing in Laos isn't a bad idea, but why help a tyran? When human rights and equality rings no bell.
QUOTE(kone @ May 21 2005, 08:27 PM) [snapback]821482[/snapback]
i'm new to this board
what do you guys know of real estate investment in laos? is it safe? it would be nice to buy some propeties there and leverage your dollars.
glad i found this board and look forward to chatting with you guys.
I am also interested in buying a house and living in Laos - who can provide me with information? Thanks
I am also interested in buying a house and living in LAOS. CAn anyone provide me with some information, especially re. teh visa issue.
does anyone know if you have to be a citizen of laos to be able to own land?
or do you have to put it in someone else name like your relative?
or do you have to put it in someone else name like your relative?
^yup, you have to be a citizen to own land...
correct tinko! To own land you'd get a friend or relative to sign their name in for you and you'd pay for the land, that's how the people who aren't citizens have land, it technically belongs to whoever signed their name in for you but yeah...the land's yours still!
that's how my parent's did it, some problems that might occur would be disputes and stuff with the person you're buying land from...oh and i think most people would build their own house instead of buying one!
correct tinko! To own land you'd get a friend or relative to sign their name in for you and you'd pay for the land, that's how the people who aren't citizens have land, it technically belongs to whoever signed their name in for you but yeah...the land's yours still!
that's how my parent's did it, some problems that might occur would be disputes and stuff with the person you're buying land from...oh and i think most people would build their own house instead of buying one!
QUOTE(xxxxmoogle @ Jun 6 2007, 08:29 PM) [snapback]2987496[/snapback]
^yup, you have to be a citizen to own land...
correct tinko! To own land you'd get a friend or relative to sign their name in for you and you'd pay for the land, that's how the people who aren't citizens have land, it technically belongs to whoever signed their name in for you but yeah...the land's yours still!
that's how my parent's did it, some problems that might occur would be disputes and stuff with the person you're buying land from...oh and i think most people would build their own house instead of buying one!
correct tinko! To own land you'd get a friend or relative to sign their name in for you and you'd pay for the land, that's how the people who aren't citizens have land, it technically belongs to whoever signed their name in for you but yeah...the land's yours still!
that's how my parent's did it, some problems that might occur would be disputes and stuff with the person you're buying land from...oh and i think most people would build their own house instead of buying one!
im planning to find a good spot for a house in Laos. probably someplace very natural and beautiful in VTE or LPB. Laos has nowhere to go but up.
make sure the neighbors aren't assholes and good luck negotiating with gov't. 
QUOTE(xxxxmoogle @ Jun 6 2007, 08:29 PM) [snapback]2987496[/snapback]
^yup, you have to be a citizen to own land...
correct tinko! To own land you'd get a friend or relative to sign their name in for you and you'd pay for the land, that's how the people who aren't citizens have land, it technically belongs to whoever signed their name in for you but yeah...the land's yours still!
that's how my parent's did it, some problems that might occur would be disputes and stuff with the person you're buying land from...oh and i think most people would build their own house instead of buying one!
correct tinko! To own land you'd get a friend or relative to sign their name in for you and you'd pay for the land, that's how the people who aren't citizens have land, it technically belongs to whoever signed their name in for you but yeah...the land's yours still!
that's how my parent's did it, some problems that might occur would be disputes and stuff with the person you're buying land from...oh and i think most people would build their own house instead of buying one!
I heard many stories, that friends or relative signed their names for you, and refused to turn it over and many properties sold with out your knowledge. Be careful !!!!!!!!
I'd hate to have that happen 
it's real. be aware.
hope it doesn't happen to any of the members
who plan on real estate investment there xP
Just yesterday, my mom was telling my dad
about some gossip from her friend about my dad's
friend. He let his mia noy sign in her name for him for land
he wanted or w/e and she took over his house sometime later
and is currently feuding with his wife. i didn't get the rest of
the story but it doesn't seem like it will end well.
who plan on real estate investment there xP
Just yesterday, my mom was telling my dad
about some gossip from her friend about my dad's
friend. He let his mia noy sign in her name for him for land
he wanted or w/e and she took over his house sometime later
and is currently feuding with his wife. i didn't get the rest of
the story but it doesn't seem like it will end well.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.