There are many things you should consider when looking to purchase a Bangkok condominium, so let the experts at Thanee Estate & Law help you. There are many condominiums in Bangkok but finding the right one for is not always easy, hence the need for an experienced real estate agent who will be able to guide you in your search. Most foreigners are not familiar with Bangkok and this is one of the first obstacles that they need to overcome.
Bangkok is a thriving capital and the perfect place for anyone looking to invest. Apartments for rent in Bangkok are hugely sought-after so investors looking to gain a return on their investment are well advised to look at the options that are available in the City of Angels. Popular areas for expats tend to center around the Sukhumvit and Silom areas, but in recent years the outskirts have been gaining momentum.
What returns can one expect from an apartment unit in Bangkok?
Condominiums in Bangkok are relatively cheap in comparison with those in other capital cities in Asia. The rental returns you can expect are usually around 5 to 8%, giving you a better yielding return than the banks. When renting out a condominium in Bangkok, most owners looking for tenants request a minimum stay of 6 months. Whether you are looking to purchase a studio or a two or three bedroom apartment, you can be sure there will be people looking to rent it.
Why are condominiums in Bangkok attractive?
Commuting in Bangkok is relatively easy: the city has a Skytrain (BTS) and an underground (MRT) network that cover the business districts and is forever expanding. Taxis are also cheap and plentiful and the road connections to other areas of the country are also of a good quality. The city has two international airports meaning that business travellers can easily commute to others areas of the Asia and indeed to the rest of the world.
Investing in condos for rent in Bangkok
Investment-wise, Bangkok is perfect and ticks all the correct boxes for investors on the buy-to-let. There is a large expat community for retirees to socialize with, and for those looking for work there are plenty of jobs with thriving businesses. Those with children should be delighted to know that Bangkok has literally dozens of quality schools offering English, US and Thai curriculums along with a host of other languages. Healthcare is something that should not be of a concern with Bangkok offering some of the region’s best hospitals.
The quality of the buildings is amongst the best in the region, with many condominiums in Bangkok taking on western themes. Most condominiums in Bangkok are well managed and have English speaking staff that are happy to be of assistance especially to those who are new to Bangkok.
Thanee Estate & Law will be able to guide anyone looking to purchase a condominium unit in Bangkok. We speak main European languages and have Chinese speaking team. Our in-house lawyer Khun Thanee Thocharun will be able to explain the legal terms in details. Thanee Estate & Law is always on hand to offer assistance to anyone looking to buy in the city and beyond, please contact us on firstname.lastname@example.org to discuss your needs and your future investment.