Bangkok is a place that has great infrastructure. Everything that you may need is found in Bangkok and even for those who would, like to invest in real estate, there are many attractive properties that can be chosen from. There are so many Bangkok apartments that people like staying since the conditions in and around them are more conducive than in any other places.

Bangkok property investors prefer Bangkok apartments as their key area of business. Bangkok’s properties are affordable and provide not only high performance but also high returns. Investors get a lot not only from the faster rate of appreciation but also from renting out the property.

Majority of tourists prefer Bangkok apartment rental due to the installation of high class services at very affordable prices. There are lots of housing types that are available to be used by anyone in the major business hubs and many more places in and around Bangkok.

Online booking of Bangkok apartment is possible and offers you the best chance to get the right type of property without many hassles. After making your online search, you can book for your Bangkok apartment. It’s imperative that you make your bookings early enough since this will help you avoid the inconveniences that may be experienced as a result of housing units shortage. This mainly applies to bust tourist periods.

All you need to do is to identify your target area and ensure that there are properties that are available. After this, you can place your reservation order by paying for the period that you will stay in the property. However, it’s advisable that you get all your necessary travel documents and put them in order before booking since this will also help in avoiding inconveniences.

Bangkok apartments for rent offer you an experience of lifetime while you are in Bangkok. They are nice and well designed. They offer you high level of comfort that will go a long way in ensuring that you are as comfortable as possible.

The city of Bangkok (The capital of Thailand) lies in the heart of the country. It serves not only as Thailand’s capital it is also Thailand’s largest city. Bangkok is a hit among foreigners for its booming tourism industry. There is an array of famous and interesting destinations for example Chitralada, Royal Grand Palace, Erawan Shrine, Wat Pho, the Reclining Buddha, the Bangkok National Museum, the Bangkok University Art Gallery and many more. In Thailand Bangkok is indeed the place to be.

Bangkok condo rental

For those planning to stay for quite a while, Bangkok condominiums (or condos) are readily available. In addition the Condos for sale and for rent can be a good investment for the university student, the young professional, the bachelor, or event the foreigner who’s planning a long term visit.

Living in a condo in Bangkok

Living in a condominium in Bangkok has its benefits. For one, it is relatively affordable, upkeep is generally cheap and, safety is also somewhat guaranteed by the building security team prevalent in most condo projects.

Condo communities

A condo owner can become part of an exclusive community of fellow owner with most condo developments having spas, gyms, saunas, swimming pools and last but not least a library.

Condo investments

A lot of foreigners invest in condo units because it is the only form of asset a foreigner can claim legal possession of. Buying or renting a condo unit in Bangkok is also assisted as there are a myriad of resources in the form of real estate consultants and property agents there to assist in making the process less tiresome. Nowadays, buying or leasing a condo unit has become really expedient.

Condo listings

If you are particularly interested in condo living in Bangkok but you’re still in another country, you can easily check the listings over the internet. The listings of rental properties in Bangkok are usually and mostly located in the most pleasing districts for residential areas. So you can be assured that even if you don’t get to accomplish a viewing at least you know, the condo unit is situated favorably.

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.

With a less than thriving economic climate, not to mention the actual climate, in the West it is not difficult to understand why so many people are making a move overseas, either full or part time.

The Phuket Property market is booming and with such a wide range of property types available on this very special island, living the dream life, for many, is becoming a reality.

Phuket has all of the trappings of a tropical island paradise but with western infrastructure and facilities that makes it a particularly attractive place to live.

Phuket Island, once a trading port, now has a thriving economy and tourist industry and a bright future ahead of it thanks to its all year round, hot, climate, friendly people and endless entertainment opportunities. Phuket offers world class golf courses and world class SCUBA diving in its marine life filled tropical seas.

Phuket has many events going on throughout the year and joining in with them and other celebrations offers a unique way to gain a rich experience of the local culture. Popular celebrations include The Chinese New Year that brings the islands population together in colorful celebration. The Rock and Blues Festival, in February, is another very popular event where international and local blues and rock bands perform live for your entertainment. The Biking Weekend, in April, is another well attended and enjoyable event where the owners of bikes, of all shapes and sizes, arrive from all over the world to share their biking enthusiasm. Songran, also in April, is the time to celebrate the Thai New Year which is welcomed in with a colourful and enthusiastic water festival that nobody can, or would want to, escape from. Thais love sanook, the Thai word for fun, and no other festival demonstrates this more. The Chao Ley Boat Floating Festival takes place in both June and November in is celebrated by the launching of small, candle-lit boats into to ocean to take away of bad luck and honor ancestors.

Other festivals include the Vegetarian Festival in late September, the Andaman Sea Festival in November and, of course, The Phuket King’s Cup Regatta which is arguably Asia’s biggest and most popular regatta. The Local Life Festival, in December, organized by the Old Phuket foundation, is held to restore significance to the historical parts of Phuket that is loved by both its ex-pat and Thai population.

Phuket’s real estate industry, particularly the luxury residential market, has flourished over the past twenty years to reach world class standards. Areas, such as the lively town of Patong, have paved the way for the rest of the Island and a bounty of areas along both the west and east coasts continue to be lined with luxury hotels, condominiums, villas and marinas. The commercial real estate market in Phuket has also seen phenomenal growth. At the same time, officials are taking measures to ensure the natural beauty of the Island remains intact.

This growth of the real estate market has continued to stimulate the local economy and, in turn, the number of supporting businesses has risen. Basically, if you want anything from a world class diving experience or a round on a world championship golf course, to enjoying an evening of jazz or a sumptuous bowl of pasta just like it tastes in Italy, to a Shiatsu massage or hot yoga class – it’s as close to you as the nearest beach.

Despite the current world economic climate, prices have only dropped slightly in Phuket because it is a cash market. At the same time, there are still some incentives floating around. A resale market is also starting to emerge. While the Phuket real estate market has slowed, the potential in investment or rewards in lifestyle mean people still want to purchase properties in Phuket – whether it be a holiday condominium, luxury villa or a hotel/resort. Plus, prices were affordable to begin with.While there are a number of Thai laws to follow in terms of purchasing a property in Phuket, it need not be a lengthy or overwhelming process

There are a plethora of different reasons as to why people chose to live in Phuket, from business opportunities to a cheaper and higher standard of life in retirement. Others, of course, see it purely as an investment market. The main attraction for expats is the lifestyle itself – think smiling faces in a multi-cultural haven. For the lucky few, Phuket is no longer a holiday destination. Phuket is now called home in a tropical paradise.

For foreigners without Thai relatives, the leasehold is in general applied to foreigner ‘acquisition’ of real estate, and more specifically, the plot of land the structure is built on. The old scheme of investing in Chiang Mai property should be avoided whereby foreigners would establish a ‘paper’ business when purchasing the land the house is to be constructed on. Thai officials are now serious at checking such businesses’ legitimacy and implications could be possible, should a firm be proven to be false.

While pieces of land beyond the ever growing city limits provide the best value for money, land plots within the city centre – especially around Nimminhemin Road, the riverside and Night Bazaar areas – have increased considerably in line with Chiang Mai’s flourishing tourist industry and the economy’s common increase. This land might be relatively costly, but area trends predict that it will remain if not increase in price as the scarcity of land in these locations continues to grow.

The prices of land in Chiang Mai vary according to demand and supply as well as to the particular locations’ specific attributes. Price tickets can range from around 30,000 baht per four square metres in the downtown area, which will then decrease on a sliding scale to approximately 7,500 baht in the suburban locations which are still positioned within a 20-minute drive of the city centre.

When purchasing land in Chiang Mai, there are three different kinds of title deeds. The most solid and accurate are Chanotes since they’ve been demarcated making use of GPS and normally come with inner urban real estate. Nor Gor is another much used deed on land in Chiang Mai, which aren’t that accurate but allow the holders full entitlement to the land or houses they’re buying. There are other title deeds, such as Nor Gor Saam. However, these should be avoided due to the lack of security.

However, it will take months to see what the effect will be on sales and letting volumes, prices and rents. We do not believe there will be a sudden a dramatic downward movement in prices or rents.

The total supply of expatriate standard apartments in downtown Bangkok increased 2.3% year on year. Occupancy was 88.2%. Rents rose in some locations such as Central Lumpini but fell in other locations.

Despite the increase in the Bangkok hotel supply, Bangkok occupancy rates and REVPAR increased but the Average daily rate decreased in quarter 1. International Tourist Arrivals increased by 27.1% on Q1 2010. Obviously Q2 numbers will be very poor and it remains to be seen how long it will take for business and tourist arrivals to recover.
The majority of new condominium launches in the first quarter were mainly small one bedroom units.

The office market remained weak. There was no increase in supply. Take up grew by 17,481 square metres. Grade A CBD rents fell by 3.8% year on year.

Retail Occupancy increased to 93.4%. Rents remained at similar levels. A number of shopping centres were closed in Central Bangkok for much of April and May.

882 Rai (349 acres) of SILPs were sold on industrial parks and estates in Q1 2010. This was an increase 891% y-o-y.

There was 175% increase in townhouse completions on quarter on quarter but developer built single detatched house completions fell by 74% quarter on quarter.

Condominium

The existing supply in downtown Bangkok reached 67,176 units, up from 65,067 units in Q1 2010. This was an increase of 3.2% Q-o-Q and 15.8% Y-o-Y. There were 2,109 units completed in this quarter. Another 5,220 units are scheduled to be completed by the end of 2010 which will raise the total downtown condominium stock significantly to 72,396 units, or by 11.3 % Y-o-Y.

In Q1 2010, the average asking price for an off-plan freehold condominium unit (high-end and above) in downtown Bangkok was 156,460 THB/m2 an increase of 19.2% Q-o-Q or 3.0 Y-o-Y.
The total number of units occupied by owners or tenants decreased from 74.2 in Q4 2009 to 74.0% in this quarter.

The city of Bangkok (The capital of Thailand) lies in the heart of the country. It serves not only as Thailand’s capital it is also Thailand’s largest city. Bangkok is a hit among foreigners for its booming tourism industry. There is an array of famous and interesting destinations for example Chitralada, Royal Grand Palace, Erawan Shrine, Wat Pho, the Reclining Buddha, the Bangkok National Museum, the Bangkok University Art Gallery and many more. In Thailand Bangkok is indeed the place to be.

Bangkok condo rental

For those planning to stay for quite a while, Bangkok condominiums (or condos) are readily available. In addition the Condos for sale and for rent can be a good investment for the university student, the young professional, the bachelor, or event the foreigner who’s planning a long term visit.

Living in a condo in Bangkok

Living in a condominium in Bangkok has its benefits. For one, it is relatively affordable, upkeep is generally cheap and, safety is also somewhat guaranteed by the building security team prevalent in most condo projects.

Condo communities

A condo owner can become part of an exclusive community of fellow owner with most condo developments having spas, gyms, saunas, swimming pools and last but not least a library.

Condo investments

A lot of foreigners invest in condo units because it is the only form of asset a foreigner can claim legal possession of. Buying or renting a condo unit in Bangkok is also assisted as there are a myriad of resources in the form of real estate consultants and property agents there to assist in making the process less tiresome. Nowadays, buying or leasing a condo unit has become really expedient.

Condo listings

If you are particularly interested in condo living in Bangkok but you’re still in another country, you can easily check the listings over the internet. The listings of rental properties in Bangkok are usually and mostly located in the most pleasing districts for residential areas. So you can be assured that even if you don’t get to accomplish a viewing at least you know, the condo unit is situated favorably.

International property consultants, CB Richard Ellis advise that
purchasing a condominium could be one of the safest investments buys in the Thai market right now for foreigners in light of political and
economic uncertainties falling interest rates, the downturn of the stock market, and the falling yields of government bonds.

Foreign purchasers wanting to own condominiums in Thailand are permitted to buy freehold condominium units, but the building must not exceed 49% of the foreign ownership ratio of the condominium and the purchase must be in cash.

According to the latest survey conducted by CBRE. The total stock of existing condominiums in Bangkok is 48,128 units as of the first quarter of 2007, an increase of 9.53% or 4188 units. In terms of area, 21.4% are in the Central Business District area. (Silom, Sathorn and Suan Plu
Roads), 4.4% in Central Lumpini, (Wireless, Ploenchit, Langsuan and Rajdami Roads), 34.6% in Sukumvit (Sukumvit Soi 1-63 and Sukumvit Soi 2-44), 8.2% in Pathumwan (Phaayathai and Phaholyothin Roads) and 29.6% in Riverside. (Rama lll, Charoen Krung and Charoen Nakon
Roads).

The luxury and high-end of the market is a good investment option say CBRE, as there will be limited supply in the future. In 2005 there were
1788 newly launched units positioned at the luxury and high end of the market. While there were 1097 newly launched units in 2006, representing a significant increase of 38.6%. It is expected in 2007 that there will be a similar number of new luxury and high-end condominium launches as there were in 2006.

“Luxury and high-end condominium units in downtown Bangkok, have been attracting a huge amount of interest from long-term investors. Even though the market has slowed down as a result of the political and economic situation,” said Aliwassa Pathnadabutr, managing director of CBRE Thailand.

“However, over the past few years’ long-term investors, who made profits from reselling or earning rental income from their units, have remained keen to purchase condominium properties in Bangkok because of their understanding and confidence in the market. Based on their experience, they are satisfied with investment returns in the form of capital appreciation and rental yields of 5-7%, which is higher than the current deposit account interest rate of 3.5%.”

The picture is not all rosy. Investors in the luxury and high-end markets are not only concerned about their finances, but lack confidence in the market because of negative factors in the political scene, the economy, and in society.

The middle end of the market is dominated by Thai buyers and investors. This was proved by the success of many projects such as Villa Ratchewi by TCC Capital Land, and Life Rachada-LadPrao by Asian Property Development. However Aliwassa says that the large number of new launches in the middle to low end of the market may lead to an oversupply at some stage. In 2005 there were 2688. newly launched units positioned at the middle to the lower end of the market and located in downtown Bangkok. While there were 7630 newly launched units in the downtown area of Bangkok in 2006 representing a soar of 184%. In the first quarter of 2007 alone, 1367 new units were announced.

So with the middle end of the market running the risk of oversupply. The luxury segment appears to be investor’s best bet.CB Richard Ellis, forecasts that there will be a limited supply of luxury and high-end condominium units. Whilst demand for residential condominiums for long-term investment will continue to be strong, particularly among those projects located in the CBD or along mass transit routes.

Prices will rise further especially for those units that meet the standards required by the luxury and high-end markets, and are of investment grade. With sustained yields of 5- 7% and improved historical capital gains acquired condominium units in prime positions are proving to be an attractive long-term investment choice for both Thai and foreign investors in the current economic conditions said Aliwassa.