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Bangkok Apartment and Condos

Sunday, April 24th, 2011

Thai law forbids foreigners from owning land in Thailand. However, it does not place any such restriction in buying apartments or condos. Bangkok, the capital city of Thailand is one of the most cosmopolitan cities of Asia and offers a wide range of affordable housing options. If you want to experience a mix of both the traditional as well as the modern world, Bangkok is one city which offers the best of both. Bangkok condos are a great place to stay and the luxury and extravagance of a Bangkok condo makes you feel absolutely at home. That is the reason why Bangkok apartment and condos are preferred by expats who move into Bangkok.

With the Thai real estate market showing an upward trend, one can consider making an investment in them. There are a number of property developers who are coming out with new Bangkok apartment and condos by the day. You can now get some good deals by getting in touch with real estate companies. If you are not familiar with the housing segment, then you must be wary while approaching any such developer. It is always preferable to do your own research and go for a reputed dealer or take the assistance of a professional real estate broker. It is the growing number of expats in Bangkok who have mainly contributed to the boom in the real estate market.

The first thing you need to decide is whether you want to rent a Bangkok apartment or condo or buy one. Then you can proceed your search for the right condo. Budget also plays a significant role in your search. A reputed and reliable real estate agent can be found online. These days real estate agents have their own websites where you can get the all the information that you need about the different kinds of homes available, the facilities on offer, the going rates in a particular area and other such relevant details. This helps you to bring down your options and short list a few of the properties that attract you. By making comparisons between the various Bangkok apartment and condos on offer, you can accordingly choose the property that best suits your requirements. While taking the help of real estate brokers, do not forget to check their rates beforehand. It is noticed that expats prefer to rent a Bangkok apartment or condo rather than buying it. Here we talk about a few of the well known and reputed condos in Bangkok.

• Le Raffine condo- Situated in the up market Sukhumvit area in Bangkok, it is known for its luxury accommodation and is located close to the shopping centres, global cuisine restaurants, night clubs and other places of interest. Each unit in this condo comes with a living room, two bedrooms, two bathrooms, a kitchen as well as a private balcony.

• Noble Ora Condo- Thonglor, one of the most trendy areas of Bangkok is where this Bangkok condo is located. It comprises of one, two and three bedroom units with balcony and terrace and comes with facilities like swimming pool, fitness center, sauna, a separate reception area, a secure parking lot and an elevator. It is also guarded by security round the clock.

• Baan Suanthon- Located at Srinakarin Road, this condo complex has also won an award and is known for its hi tech facilities such as a spy hole at the door entrance and other advanced security locks. The other features of these condo units include spacious living room, western style kitchen and dining, white Nahm toilet and glass wash basin bowls with stainless steel taps. Apart from the fact that this condo is closely located to international schools, hospitals and shopping malls, it is also equipped with a club, play area for kids, swimming pool and even a restaurant.

• Condo One Soi 40- Also known as Condo One Thonglor, these are studio condos which are reasonable. Situated close to the Bangkok University and Thonglor BTS, it offers facilities like cable TV, hot water, balcony, reading room, children’s play area, fitness center, laundry and 24 hour security.

• The Address Chidlom- This is constructed in the Art-Deco architectural style and is known for its chic interior art decoration. A fitness center, sauna, children’s spa, Arabic room, swimming pool and garden game area are its other specialities. Besides, it is only a few minutes from the commercial areas.

Thailand Real Estate Advice & Brokerage

Monday, June 29th, 2009

Real estate investment is good. But you need to compare the prices of the real estates before investing. Sometime we find it difficult to choose a real
estate from such a long list. Thailand is offering a great opportunity to the people to buy properties. They are offering the real estates at affordable prices. These specialists offer all kinds of services, so you can buy property through them, get impartial professional real estate advice and access the expertise of best Thai lawyers whom will advice on which way to buy either leasehold or freehold. These specialists also prepare all Thai documentation with English translations through to establishing a Thai company, tax issues, due diligence checking land titles through to title hand over and final payment.

You may also aspire to attain a Thai Visa, a work permit, and facilitate accounting, or other business services such as business licenses for restaurant, alcohol etc. The services of these specialists are highly competitively priced and provided in an effective and timely manner and can be ordered through their web site and paid for by credit card or by cheque or cash at their office. Real estate in Thailand is cushioned by a professional network of agents, although you will find a limited number of the sophisticated developers that typify the property market in Phuket or Samui. They are quite interested in targeting foreigners and are experienced with both condo and house sales, offering Thailand property that ranges from single 45m2 studio condos in renowned ‘farang friendly’ buildings for under a million baht to superb value-for-money mansions on a rai or more for 10 million.

If you are looking for brokerage in Thailand, you must investigate enough before settling on a broker. Having good work ethics within the real estate broker group will ultimately be an advantage. All brokers in Bangkok handle the whole of Bangkok, not a particular area, so these brokers are all treading on each other’s feet. However, with such a vast area to cover, there are undoubtedly, thousands of properties for sale or rent. The brokers here have co-brokered successfully with a small number of their competing estate agents, so they can confidently ask for their help if they do not have the particular property that their customer is looking for.

The new real estate properties in Bangkok are ideal for upper-middle income group. Pattaya is a city that is witnessing a boom in tourism in the recent years. So the demand of property in this region will rise with time. The Thai Property seekers can consider this city too. Buying a property in Thailand is, unlike most other things, very easy. The actual transfer of title deed consumes just a few hours. The title deed itself will reveal if there is any mortgage or other loan on the property, as details of these must be written into the deed. Hence, it is not tedious to check the owner’s right to sell. Most people do not even access the services of a solicitor, even though it does not cost much in Thailand, and so you might as well so that your mind will not disturb you. In fact, you could visit a condo that you like on Monday morning, and own it once the business is completed, the same day. Therefore, Thailand could be an ideal choice if you are looking to own real estate property in Asia.