One of the main things that you may be wondering, since there are so many different legal issues regarding people who are foreign to Thailand buying real estate, is whether or not it is legal for you as a foreigner to buy Bangkok condos. Fortunately, it is legal for you to buy Bangkok condos, even as a foreigner. What this means is that if you are looking for some type of real estate investment in Thailand, Bangkok condos may be a great choice for you.

If this is something that you are thinking about, one of the main things that you may be wondering is what the benefits of purchasing Bangkok condos as a real estate investment are. Well, one of the main benefits is the fact that you will be able to continuously bring in a monthly paycheck. This is one of the main reasons that many people enjoy investing in condominiums or apartments, so you will probably find investing in Bangkok condos to be very advantageous for your wallet. Aside from the fact that investing in Bangkok condos is legal for foreigners, this is one of the main benefits that this type of real estate investment has to offer you.

If you are planning on purchasing Bangkok condos as an investment, or even one for yourself to live in, it is important to make sure that you do an adequate amount of research. You will probably want to visit a lawyer in regards to the Bangkok condos which you are interested in. This will help ensure that you are following all of the legality issues which are related to you buying Bangkok condos as a foreigner. If you are planning on building your own condominium complex in Bangkok, you can trust that your lawyer may be able to provide you with the name of a good developer, as well as information about them. This will ensure that you will be the most satisfied, and also have the largest potential profit, with your Bangkok condos.

As you can see, there is much to take into consideration when it comes to investing in Bangkok condos. However, it is safe to say that this type of real estate investment is a wonderful choice to make, which is why you may want to consider investing in Bangkok condos yourself.

On the flip side, prices rarely increase substantially either. This is mainly because Bangkok is still a growing city and there is still a lot of land available for development, land that is currently housing small shops that can easily be demolished for a large high rise development. This continued supply of new stock into the market has kept prices stable.

However, on the residential front, condominium buildings in Bangkok seem to age quite quickly. A 5 years old building is normally already showing significant signs of wear and tear. Coupled with the fact that Thais give significant importance to all things ‘new’, this has resulted in a stable demand for new buildings.

As a result, we find that the price of new developments still under construction has continued to increase, but the prices of completed projects has remained the same. What I am trying to say is, don’t expect any capital appreciation!

This trend goes a long way back. The price of a 5 year old building is the same as it was just after completion 5 years ago. The price of a 15 year old building is virtually the same as it was 15 years ago. You can see therefore that there is a big price difference between old buildings and new buildings.

So, how do you make money in Bangkok real estate. There are 2 ways:

• Buy a unit in a new development very early on, as soon as the project is launched, and sell it on near to the point of completion at a profit. This has been a very successful technique for many property investors over the past 5 years because traditionally prices off-plan have been 10-20% less than prices at completion, and the buyer only has to put down 10-20% of the purchase price at the start, hence the purchase is leveraged. However, the new supply that has hit the market over the past 5 years has soaked up a lot of the end-users/genuine buyers looking to live in the unit or keep the unit for a rental investment, and as a result it is not so easy now to sell the unit on.

Especially given the recent violent protests that hit the capital in April and May, people are less interested in buying in Bangkok. Therefore, this method of making a profit on the real estate market is much more difficult, and many people that bought early on to ‘flip’ at a profit are struggling to sell at ‘cost’. The protests have also reduced the number of people moving to Bangkok and the rental market (which is more price sensitive than the sales market) has also seen a reduction in rental prices, and rental yields have fallen.

• Buy in an old building and renovate and flip. This technique still has merit. Simply, they don’t make them like they used to. New buildings are much smaller and more compact. The problem with the old buildings is that the interior fittings are generally very old and nasty, and as mentioned buildings in Bangkok age quickly. However, the investor that has a keen eye can purchase a run down unit in an older building at a good price, renovate it and sell at a small profit. Realistically the profit will be limited, and the investor has to be located in Bangkok on order to be able to oversee the renovation work. Therefore, this is not a suitable consideration for an international investor, and it does require effort and work. However, there are some rewards with this technique still.

To conclude, currently I don’t feel that Bangkok is a good investment for international investors. I would avoid buying off-plan in order to flip, because there aren’t enough buyers in the market at the moment. I would only suggest investing for those who are stationed in Bangkok and are able to purchase, renovate and sell older units.

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.