buying property in thailand was never easy and is even more difficult now, after multiple legal restrictions introduced within the last year - that's why there is a need for a good layer for help.

as the political instability slowed down the economy the property prices are not rising anymore and if there would be a local economical (or global) market crash the poorest countries will be affected the most, as it happened not so long time ago, back in 1997.

if you are thinking of relocating the next issue is finding an employement - which is never easy in the foreign country. The language barrier would be the biggest problem. Unless you are a highly specialised executive working for an international company your employement chances are mediocre and wages well below expectations. The large part of ex-patriates do run restaurants, pubs, bars, travel companies, hotels, internet shops and similar businesses in the travel industry.

if you are retiring I would wait untill the retirement time to see how the property is doing then - investing your savings now in a remote place on the planet without the quarantee of a good return is no more than wishful thinking or gambling. If you do have enough money to gamble with your savings - by all means you are free to do anything with them.

the property prices in the tourist and foreigner areas are still inflated - but it's a buyer market now, as there are a lot of foreign investors trying to sell their properties at cost, just in order to cover their investment. It doesn't sound good for the future, even as a long term investment - the prices can go up as much as they can go down.

it's fine if you actually live in the house - in a long term it would be cheaper to buy than rent - but as an pure investment it's not the way to go.

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