If you plan to relocate to Bangkok, then you need to search for a home to stay. If you check online, you might come across many properties that might look appealing, but once you visit the actual location, that might not be the case.
Location Plays a Crucial Role
If you are looking for a prime location in Bangkok, then you can check out the Central Business District (CBD) that consists of Sukhumvit, Lumpini, and Sathorn. These are the prime hubs that are close to BTS and other public transports.
The majority of the companies are in and around these areas making it easier for you to commute for work. Are you looking for a condominium (คอนโด, term in Thai) but are not sure where to begin your search? Here is where real estate companies such as Homeday, situated in Nonthaburi, Thailand can help you find your ideal home.
The company has a plethora of options when it comes to purchasing property all over Thailand. You can set your budget and search for properties. Their team of professionals are from in and around Thailand and have completely familiar with Thailand and its locations. You can be assured that they will help in addressing all queries regarding your properties and help you will all the formalities.
Charoenkrung is slowly grabbing a lot of attention when it comes to properties. The area is known for its rich heritage fused with modern amenities. This also could be an ideal location to set up your haven. The area has a high employment rate. If you are not planning to settle here, you can purchase a home and give it off for rent. It can also increase the resale value of your home.
Many of the properties in the Charoenkrung area are luxurious condos in high-rise buildings with state-of-the-art modern amenities and scenic views.
Reasons to Invest in Bangkok Properties
Bangkok has seen a steady rise in properties over the recent years. Many expats prefer to settle in Bangkok and find their dream home. Secondly, you will be able to get luxurious properties lower than the pre-pandemic market rate. When the real estate prices begin to rise again, you will be the owner of a valuable property that will yield you big returns.
If you are still not convinced to purchase a property in Bangkok, then the below reasons are sure to convince you otherwise.
- Bangkok has a good public transport system with their MRT and BTS Skytrain servicing to many neighbourhoods
- Many of the condos in Bangkok are located at prime locations close to shopping malls and restaurants
- Bangkok is popular for its work-life balance and an economic hub with plenty of career opportunities
- It has good capital appreciation potential
- It has good rental returns
- Foreigners can easily purchase condos on a freehold basis due to their property ownership law
- If you are a foreigner, you can even resell your condo without any restrictions
Conclusion
Bangkok has an amazing lifestyle that makes it a popular choice for investing in properties. Ensure that you set your budget when it comes to purchasing a property in Bangkok.