Connect with us

Property

Across the Land: Is bigger always better?

Published

 on 

PHUKET: If you are planning to buy a home with the intention that it will become your dwelling when you retire, it is advisable to consider a few factors. Firstly, size should be a major consideration. Please be realistic; is it really necessary to own a large home with four or five rooms if it’s just you and your partner who will be living in the property most of the time, with some visiting guests once in awhile?

I have on many occasions encountered owners who eventually put up their home for sale as they have come to realize that it is now just too big for them.

Prior to purchasing their home, it’s almost always the case that owners consider extra rooms for the children, grandchildren, family and friends who will visit, and so end up buying a large property with the expectation that these people do come.

Realistically, once the parents are starting to retire, the adult children are so engrossed with building a career and starting a family that it becomes very tough for them to find the time to travel long distances just to spend a week or two vacationing. Eventually, it is the parents/grandparents who are travelling to see their children or grand children, as they are retired and have all the time in the world.

I knew one property owner in Phuket who ended up doing all the travelling to see his grandchildren in Europe as travelling out to Phuket for the young grandchildren was too strenuous due to the jet lag and the limited time that they could visit.

As Phuket is such a holiday destination, there is no shortage of accommodation throughout the island and if the children, grandchildren, family or friends do come for a visit they have a host of choices of where to stay.

Secondly, is it really necessary to have a games room, pool or billiards room, theater room, gym, sauna, steam or massage room?

Interestingly, most owners I know have never even used their games room or steam room, though many have lived in the property for years. The most frequent thing we get told by owners is that they have used the bath tub in their en-suite only once and some of these bath tubs are huge within a bathroom that is about the size of a studio apartment in Bangkok. Eventually, these additional rooms become a burden to the owners as appliances or equipment within them breaks down.

Thirdly, of course, are the costs of maintenance of a home whether the owners are living in it permanently or seasonally. This relates to size and the larger the property, the more the expenses incurred to maintain and run it. Not maintaining the property well would eventually make it more difficult to sell, as it would not present as well as it should.

Amy Koh is the sales manager of Engel & Voelkers Phuket. To contact Amy or for more information, visit www.engelvoelkers.com/en/phuket

— Amy Koh

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Thailand30 mins ago

Current Thailand Visa Options for Digital Nomads

Central Thailand37 mins ago

Police find fake Covid-19 tests worth millions in central Thailand

World2 hours ago

UPDATE: Rushdie is talking again, attacker pleads not guilty

Crime4 hours ago

Thief caught after showing off on TikTok the money he “earned”

Road deaths16 hours ago

Singaporean car driver dead, 7 injured in Phuket crash with bus

Thailand16 hours ago

FDA says Thailand unaffected by contaminated Haagen-Dazs

Join the conversation on the Thaiger Talk forums today!
Crime18 hours ago

Foreign parrotfisher in Krabi says he’s sorry

Chon Buri18 hours ago

17 year old the 18th victim of Mountain B fire, 27 still in hospital

Economy19 hours ago

After poor South Koreans die in flooded basement home, will there be change?

Thailand20 hours ago

10 Unique Superstitions of Thai People

Weather20 hours ago

Tropical storm ‘Mulan’ makes a splash in the north of Thailand

Patong21 hours ago

Fire breaks out at Patong bar

Politics23 hours ago

Exiled Sri Lanka President warned to stay in his hotel in Bangkok

World23 hours ago

UPDATE: Salman Rushdie on ventilator, details on stabber emerge

Thailand1 day ago

Campaign to get international training for Thai teen declared record sprinter

Thailand11 months ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand1 year ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism1 year ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket1 year ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism1 year ago

Phuket Thai food treats you need to try | VIDEO

Thailand1 year ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism1 year ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending