Table of Contents
- 1 Should you buy a condo in Bangkok?
- 2 Is Bangkok a good property investment?
- 3 How much are condo fees in Thailand?
- 4 Is it worth buying property in Thailand?
- 5 Is buying land in Thailand a good investment?
- 6 Is buying property in Thailand a good investment?
- 7 Is property a good investment in Thailand?
- 8 How to get a Thai Investment Visa?
Should you buy a condo in Bangkok?
The reason why most foreign nationals consider buying condos in Thailand, particularly in Bangkok, is because the selling price for a condo for sale in Bangkok, or even a luxury condo in Bangkok and other cities and provinces in Thailand are generally more affordable than in many other countries, especially as there …
Is Bangkok a good property investment?
Rental Returns and Capital Appreciation Potential Bangkok is an important business hub for Thailand and South East Asia as a result there is an active rental and resale property market! Potential investors can on average make 4-6\% gross rental yield on condos in Central Bangkok.
How much should I pay for a condo in Bangkok?
An average one-bedroom condo with few amenities in Bangkok’s suburbs will generally cost about 1 million baht, or roughly $32,000, to 2.5 million baht, or roughly $80,000, Those numbers differ widely depending on how close the condo is to the city center and public transit.
Should you buy a condo in Thailand?
Under the right circumstances, buying a condo in Thailand can be a rewarding purchase and a good investment. If you are a foreigner interested in buying a condo in Thailand there are several issues you need to be aware of. First, foreigners may only own 49\% of a single condo development.
How much are condo fees in Thailand?
In terms of new condos, the starting price for a one bedroom, 22 sq meter property is around 1 million Baht (45,000 THB per meter squared)….Cost of a Thai Condo.
| Level | Price per m² |
|---|---|
| Upper-Mid-Range | ฿90,000 – ฿119,999 |
| High End | ฿120,000 – ฿199,999 |
| Luxury | ฿200,000 – ฿299,999 |
| Super Luxury | Above ฿300,000 |
Is it worth buying property in Thailand?
There are numerous good reasons to invest in Thailand property. The country has shown strong and steady growth in recent years and looks set to continue that trend. House and land prices are generally on the rise, as are rents, and this presents some interesting property investment opportunities in the market.
Can you own a condo unit forever?
The law does not provide that condominium units are strictly just good for fifty years. The law states that aside from being more than fifty years old, it must be obsolete and uneconomical plus the fact that majority of the unit owners are against its repair and restoration.
Is it easy to buy a condo in Thailand?
The process of buying a condo in Thailand is fairly easy, and only a few requirements must be met: The property purchased must be part of the project’s 49\% surface that could be owned by foreigners. Under the Condominium Act, the project must be registered.
Is buying land in Thailand a good investment?
Thailand properties investments It has been recognised as a dreamlike destination and it is the ideal place for a property investment. Many destinations are available and offer rental return investments, from 7\% to 9\% net per year.
Is buying property in Thailand a good investment?
Purchasing Thailand property as an investment is also a good choice because the country has seen a steady increase in property prices as demand continues to stay strong. The country remains consistent in its development, with modern road networks and connections to main industrial and commercial centres.
Why should you invest in Bangkok condos?
A big advantage of investing and maintaining a rental portfolio of Bangkok condos is the investment’s low administrative and management cost and expenses. In Bangkok there are no city council or local government fees, and there is no legal requirement to pay for condo unit insurance.
Are there any fees to rent a condo in Bangkok?
In Bangkok there are no city council or local government fees, and there is no legal requirement to pay for condo unit insurance. It is important to note that utilities such as water, electricity, Wi-Fi and cable TV are usually at the renter’s expense.
Is property a good investment in Thailand?
Property is a popular investment asset in Thailand. Interestingly, the country’s taxes and fees with regards to selling a condo (Even after only 1-2 years of ownership) is incredibly generous and there are no rules or regulations restricting the number of properties an individual can own.
How to get a Thai Investment Visa?
To get a Thai investment visa, you can simply buy a condo with a value of at least THB 10 million in newly built condos, government or state enterprise bonds, and/or deposit the money into a local Thai bank account.