The city is visited annually by up to 3 million tourists, which makes real estate in demand. Thailand has special laws regarding foreign housing ownership. Ex-pats are allowed to own a condominium unit, subject to the non-resident quota. It is 49%, while 51% of the area must be registered in the name of citizens. The lease duration is 30 years, and the use period can then be extended twice up to 90 years. The city offers a wide range of real estate properties. These are the largest locations with popular real estate. Steadily developing economy. A developing real estate market. Increasing housing demand due to the urbanisation of the city. Possibility of receiving passive income. Under it, specialists find tenants and move them in and out. The annual return reaches 8% and the final sum of income depends on the specific property and its appeal in the eyes of potential tenants. The lowest price of a four-bedroom unit is USD 65,000, while a high-end option is offered at USD 2.2 million. Listings are published directly from developers and local agencies and contain only relevant information. Using filters in the search system, you can select the type of housing you are interested in, the number of bedrooms, the location and the budget limit, with prices available in either dollars or euros. To get advice from brokers, just leave a request in the contact form.

Limited modern amenities, heavily touristic, traffic congestion. High foot traffic, can get crowded, not as residential as other areas. Unbeatable shopping options, great blend of modern and traditional attractions. Authentic street food experiences, lively atmosphere, and cultural immersion. Congested streets, limited green spaces, communication barriers for non-Thai speakers. Thonglor is a trendy and upscale area with a plethora of trendy cafes, restaurants, and boutiques. Higher living costs, traffic congestion, limited access to public transportation. Hip and fashionable vibe, popular among expats, a wide range of dining options. When you buy in a city with a strong economy, your investment is generally considered safer and less susceptible to market fluctuations. It is known for its bustling tourism industry and strong manufacturing sector, which contribute to the city’s growth and development. Additionally, the city’s low cost of living and many shopping opportunities make it an attractive destination for expats. A strong healthcare setup always reflects positively on real estate.

However, as you can guess, property prices will differ based on the attributes of the property and its specific location. Foreign ownership limited to 49% in condos. Still, some spots are easier on your budget. Uncertainty in land measurements and documentation. Condo building licenses not properly obtained. Complex regulations for land ownership by foreigners. Unregulated property agents leading to scams. High condo maintenance fees and mismanagement. Ignoring potential land encroachment issues. Avoid these mistakes. Save a lot of money. Prices for basic necessities such as food, housing, and transportation are especially affordable. We don’t want this to happen to you, so we have included a full checklist for your property investment in our pack of documents. We want to show information in an easy-to-understand way. For yields, prices and rents, check our property pack. Sukhumvit is a bustling area known for its vibrant nightlife, upscale shopping malls, and numerous dining options. Excellent entertainment and dining choices, well-connected by public transportation. Can be crowded and noisy, higher cost of living compared to other areas.

To make a good decision, consider the property price-to-rent ratio. However, if you rent for a long time, you won’t own the property and won’t save any money towards ownership. This metric give an indication of how many years of rental income it would take to cover the cost of buying a property at its current price.13, which is significantly above the world average. Obviously, there are some big differences.9% over the last 5 years. Looking for more updated data? It’s an alarming number. In our pack, we’ve laid out all the steps involved in the buying process, including the required documents, taxes to be paid, and guidance on finding properties. Now, we’re giving you a more straightforward version to help you grasp the information more easily. Research property laws. Regulations. Better information leads to better decisions. Save time and money. Hire a reputable local real estate agent. Which properties for which budget? The cost of a one-bedroom property (60 sqm) is about $342,000, and a two-bedroom (85 sqm) would be around $485,000.