Visit Vang Vieng & LouangPrabang (Videos)

ninjalaos · Senior Member

Visit Vang Vieng & LouangPrabang (Videos)

KAONIAW · Senior Member

How is the land value and real estate in Laos?

paris_vientiane · Guru

only lao people (lao nationality) can buy land in Laos
Prices are much cheaper than in western countries, but prices are rising seriously, especialy in and near big cities

Construction prices are very low due to low cost of work and simple/basic construction techniques (low quality and safety standards), but those prices are rising too (material prices go up and up).

a good house in the suburbs of Vientiane can cost about 50000US$

-- Edited by paris_vientiane at 07:41, 2008-09-11

LAO SPY · Senior Member

As far as I know, some Lao foreigners also could buy as they have somebody, like wife, relatives ...., act on behalf of them.

eye_sky · Guru

I think that is correct. A foreigner cannot buy proerties in Laos, UNLESS he is married to a Lao - or another Lao will act in his behalf, BUT that wont have him own the properties coz the "deeds" should be under a Lao citizen or his/her Lao wife/husband.

http://eye-in-the-blue-sky.blogspot.com/2008/09/savannakhet-dinosaur-city-of-south-laos.html

dokdumduan · Veteran Member

you can buy but you can not own

KAONIAW · Senior Member

Yes, I still remembered what my dad told me during the Vietnam war.
We lost everything, our house, land, and money. Money was converted to a new Lao Kip and so all the money that we owned became just paper.
Land got taken back by the government and our house was torn down.
It's very sad to look back and relized that no matter what happen, just keeps your head up.