The real estate market of the Land of Smiles is characterized by its many and varied offers. It is hard to decide between the many villas for sale in the seaside resorts or the condos for rent in Bangkok.
Here are a few tips to help you choose the best location for your residential investment, by city.
Bangkok, the World’s most Visited City
For the 4th consecutive year in 2018, Bangkok has been the most visited city in the world. It is the point of arrival of most of the tourists of Thailand thanks to its two major airports, and welcomes many expatriates.
Bangkok’s residential real estate market is very dense. Buyers and tenants can choose from many offers in all corners of the city.
Sukhumvit is a preferred residential area for expatriates. There are many properties located on the BTS (Bangkok Skytrain) axes, which allows for rapid transit to the center. On Nut and Phrakanong districts are the most affordable while Thong Lo and PhromPhong districts are the most expensive.
On the other side of the city, the Silom / Sathorn area hosts the Lumpini Park. There are several embassies, office buildings and luxury condominiums, and thanks to the MRT (Bangkok Underground), the zone is connected to the business district of Rama IX.
All these facilities make Silom / Sathorn the ideal area for wealthy professional expatriates.
Between Sukhumvit and Silom / Sathorn, Ratchathewi is a central area with shopping malls including Siam Paragon, MBK and skyscraper office buildings. It is also here that the two BTS lines cross with the Airport Link, making Ratchathewi close…