Property for Sale or Rent in Bangkok, Thailand
Low priced units may look the best value as an investment but bear in mind a high-density development of similarly sized maybe more difficult to rent and/or resell, if many similar units enter the market so supply could out market the demand. Common maintenance fee in Bangkok between THB45-60 per sqm for an adequately maintained building. Before buying a condo always check the building management agreement and what are the maintenance fees. When you are buying a property in Bangkok it is not required to have a lawyer to complete the transaction but we do recommend using a real estate lawyer as he will read through the purchase agreement, handle the transfer process and fees. A general rule is that you get what you pay for. Some developments may require a very low maintenance fee or even giving you a promotion of 2 years of free maintenance but still expect that the property will be poorly maintained. A good lawyer will be able to explain toy the contract and make sure you understand everything fully.
Your Real Estate Agent will point out for you of any developments or developers who are best to avoid and make safer recommendations of tried and tested developers for you to consider. Note: In some cases, Developers are selling a Thai Quota unit in a lower price for the reason: it can only be sold to a Thai national or Thai company. Foreigners can buy a condo in Bangkok? Agents will provide you with the best possible information as they want you as their client and also to refer future client to them. As a Real Estate Investor, you should look at your investment goals, when buying a condo, you should decide what are your needs: capital appreciation, rental yields, lifestyle, personal living or seeking for a future retirement.
Thinking to buy or rent a property in Bangkok? Your Agent will be able to help you to look after your investment and assist you with the rentals and future sale. Now is a good time to make this investment. Learning the market is very important step to do before you make your final decision to invest. Choose a real estate agent that you can trust to ensure you will receive the best advice before you buying. Note that in today market buyers can be easily overwhelmed by the range and amount of properties investment opportunities that Thailand has to offer. You also want your Agent to provide you with a professional after sales service.
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