Koh Samui Real Estate for Sale
The city is a leading hub for business in Asia, and one of the most visited tourist destinations in Southeast Asia as well. In addition, the value of properties in the city have been increasing steadily in the past decade due to the city’s positive economic outlook. Bangkok is home to one of the biggest and busiest international airports in the world – Suvarnabhumi Airport – where you can fly in from nearly any other city across the globe. Investors can earn an average of 4 to 6 percent gross yield on properties such as luxury condos in central Bangkok. Because of these, Bangkok’s rental and resale property market is extremely attractive and rich in potential.
With a population of roughly 10.7 million, Bangkok is truly a vibrant city. It features Thailand’s rich history mixed with modern culture that keeps abreast with the rest of contemporary Asia. The important question is this: Is buying a property for sale in Bangkok worth it? Bangkok has long witnessed continuous development and economic growth, making it an attractive site for a property investment. The city draws people from all countries for a variety of reasons, including people looking to invest in luxury real estate properties.
The bottomline is that whatever age or interests you have, there’s something that will cater to your needs in Bangkok. Luxury real estate properties for sale in Bangkok are often sold at a fraction of the price of similar properties abroad. Conversely, due to the high quantity of tourists and residents in the city, rental properties in Bangkok have high demand. Thailand can be an incredibly inexpensive country for foreign nationals to live in, especially if they’re able to live and spend like a local.
The foreign national can act as the managing director of the company. Browse our listings below to find your dream luxury property in Bangkok, Thailand! Bangkok is a fast paced vibrant and urban city with delicious food, green lush parks, with exciting things to do and wondrous places to see. As such, he or she will have control over votes and other shares, in addition to unequivocal control over the purchased property. Take advantage of the current sale in property prices due to the COVID-19 pandemic.
Eager to buy your first investment in the city of Bangkok? Moreover, this said contract can be renewed or extended twice so that the foreigner will be able to hold the property for up to 90 years all-in-all. First and foremost, you need to be aware that the Land Code of Thailand does not permit foreign nationals to buy nor improve real estate in the country. Foreign nationals may take part in a lease contract deal that’s stretched over a period of 30 years.