Top Things to Consider When Buying Condo in Bangkok

Bangkok is a rapidly developing the city with the rising estate marketplace. Also, Thailand has become a great place for foreigners to invest in Real Estate. However, buying real estate in Bangkok is not as easy as you think. You need to be aware of legal rules and regulations when purchasing real estate in Bangkok, especially if you are a foreigner. Buying a condo can be an excellent option for foreigners and investors with lots of places in Bangkok. Sukhumvit is a large and active district of Bangkok with high-end and developments close to the citySukhumvit Condos can be an excellent investment, and if you are planning to get one, here are a few things to consider while buying Condos in Bangkok.

Know Foreign Ownership and Restrictions

If you are a foreigner or expatriate, then you cannot own the land in Thailand. However, buying an apartment or condo is legal, when at least 51% of the apartment building is owned by Thai Company or Thais. 

Location of the Condo

Don’t just buy private Condo because the agent is advising you to do. Do some research and find out which neighborhood is the best one for you. When searching for the Condo, look for proximity to your work, entertainment, supermarkets, and convenience stores.

Low-rise or High-rise

There are Low-rise and High-rise condos, make sure to choose the right one for you. If you like to enjoy cool-breeze, then living in a private high-rise condo can be the best option for you. However, you need to think twice as you also need to invest in an air conditioner as Bangkok is very hot in Summers.

Amenities and Facilities

When finding for the Condo, have a backup plan by shortlisting various condos around the various locations and take your time to check which one will be the best one for you with all the amenities and facilities you require.

Apart from these, also make sure to choose the condominium that is developed by a reputable company in Thailand. You can use the services of an Experienced Real Estate Agent to help you find the best Condo in Bangkok.