Most expats seeking a good Bangkok apartment or a Bangkok condo rely upon the many real estate agencies in the city to find one that suits their needs and pockets. As such, Bangkok, the capital of Thailand, is the cultural, educational and political nerve-center of the country. The city is a top tourist destination in Southeast Asia thanks largely to its fantastic attractions such as the temple of Reclining Buddha, Erawan Shrine, Royal Grand Palace, Bangkok National Museum and Bangkok University Art Gallery. In addition to being a vacation spot, Bangkok also forms the economic backbone of Thailand. It houses the Stock Exchange of Thailand and a number of commercial banks and financial institutions which form the heart of Thailand's booming economy. In addition, Bangkok is also a safe city and has a low cost of living that fits most budgets. No wonder then that the city attracts people by the millions from all over the world!
Considering the attractions that Bangkok holds both for the tourist and the job-seeker, finding a good Bangkok apartment can be an asking task not because it lacks these, but because it has so many to choose from that any newcomer to the city is bound to be confused and intimidated with regards to the best one! Bangkok offers a range of accommodations to choose from that includes independent houses, villas, bungalows, luxury apartments and condominiums. Among these, most expats to the country prefer condominiums as they offer for well-furnished and cheaper accommodation facilities.
A Bangkok condo is available in the form of apartments, townhouses and single detached homes that contain a furnished kitchen, bath area and bedrooms and also provide uninterrupted water supply. Given the recent real estate boom in Bangkok, condominiums are available all over the city for purchase or for rent. To choose the best among them always keep in mind your requirements and your budget. Some good areas you can choose from include the Central Business Districts i.e. the areas of Silom, Sathron, Chidlom and Sukhumvit and the classy neighborhoods of Thong Lo and Asoke. Other posh areas where you can find luxury condos are the Sathora and the Central Lumpini neighborhoods.
Buying a Bangkok apartment or a condo in the Central Business Districts would be ideal for those working in the city as this saves them considerable commute time. These areas also have a variety of facilities that include shopping centers, hotels, hospitals, embassies, theaters etc. that offer great entertainment, relaxation for the after-work hours and cater to emergency needs. In addition, condos in such areas also provide easy accessibility to sky-trains and expressways thus easing commutation to and from your workplace. Moreover, these condos have a water-tight security system to ensure that your personal belongings remain in place while you are at work. You can find both expensive and affordable condos in these areas and it is up to you to choose one from among these depending on your budget.
The Thong Lo, Asoke, Sathora and Central Lumpini areas in Bangkok are the more fashionable and expensive neighborhoods in the city and are more suitable for those retirees wanting to invest in a Bangkok apartment rather than for those who are still earning. These areas harbor many luxury condos that boast of facilities such as pools, Jaccuzi, meeting rooms and even separate male and female saunas.
On the whole, investing in a Bangkok apartment or a condo is a great idea considering the real estate boom in the city. In addition, condos require minimum maintenance and are quite safe from thieves and robbers particularly if you are looking for overseas property investments. Apart from these benefits, it would be prudent to bear in mind that only condominiums can be owned legally by foreigners in the country so that if you are a foreigner you are left with the condo as your only choice for property investment.
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Apartments in the best locations can be a bit pricey, but for sure can be a good investment and double the price in about a year time.
ReplyDeleteI think that investment in real estate is a good idea. Especially in Bangkok, prices of apartments there is growing rapidly.
ReplyDeleteFew years back this was excellent idea and prices are going sky high every few months. Now everything is pretty much overpriced in Thailand and there are so many new developments, so I don't think that anybody can expect to doubt this investment at least in the next 10 years.
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