Property in Thailand
Bangkok, Thailand’s capital, is a massive and vibrant metropolis that has evolved tremendously throughout time as a cultural and commercial hub, but still barely accommodates 8 million residents and numerous expats who come from all over the world with an endless stream. The reason for that is the real estate for sale in Bangkok, which is a perfect combination of comfort and budget. But of course the country is big and there are various regions where you may want to land your feet. We will have a look at five of them, distinguishing between them by the perfect accommodation type for the specific region.
Regions of Thailand
Today, Thailand is a world-class resort that attracts property buyers from all over the world! The most popular regions are the cities of Bangkok, Pattaya and Hua Hin, as well as the islands of Phuket and Koh Samui. It is here that foreigners buy a variety of real estate. But each region has its own peculiarity.
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Bangkok – luxury apartments
Bangkok is one of the fastest growing cities in Southeast Asia, vibrant and hectic. It is home to more than 5.5 million people who consider their city a new business and financial center, able to compete with Singapore and Hong Kong in the future. The cost of 1 square meter averages USD 10,000, respectively, the cost of an apartment, for example, 50 square meters will be USD 500,000.
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Pattaya – an inexpensive apartment for living
Pattaya today offers a very large selection of apartment complexes. High-rise construction is allowed here, so supply exceeds demand. You can always find interesting options both from the developer and for resale at the most affordable price. In Pattaya real estate prices are the lowest compared to other regions, a small studio can be purchased for USD 30,000, a house for USD 100,000. Usually foreigners buy apartments here for recreation or life, because of the convenient air communication, developed infrastructure, the presence of international schools, gardens and hospitals. However, it is difficult to make good money on renting or reselling here due to high competition.
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Hua Hin – accommodation in the Royal Residence area
Hua Hin is considered the safest city in Thailand, as the current royal residence is located here. The last few years there has been a construction boom. The first line by the sea is built up with hotels and condominiums with a height of no more than 7 floors. Apartments in Hua Hin, unlike other regions, build at least 40 sq m and their cost is from USD 80,000. A villa on the first line of the city beach will cost about USD 1,000,000, and outside the city, away from the beach, you can buy a house starting from USD 250,000.
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Koh Samui – luxury villa by the ocean
Koh Samui is a small island with white sand beaches and coconut plantations. Due to the mountainous terrain in the central part, the entire infrastructure is located along the coast along the perimeter. They mainly build villas, because the maximum allowed height of the building is 12 m. The uniqueness of the resort is that here you can still buy a luxurious villa right on the seashore! The approximate cost of such a villa will be USD 3 million. A villa in the mountains with a sea view will cost from USD 400,000. Foreigners more often choose villas with a garden and a private pool near the beach and infrastructure with a price starting from USD 250,000. However, the infrastructure itself is still developing. So far, direct flights have been established only with neighboring countries.
Also pay attention, in December it is the rainy season on Koh Samui, and in August there is a high season and beautiful weather! Thus Koh Samui is more suitable for a leisurely and secluded lifestyle.
Real estate in Thailand
Thailand-Real.Estate has a huge catalog of properties for every taste and budget. You choose a district and state your preferences and the website will suggest to you the offers that will suit your requirements. Check out the service today and become a proud owner of a real estate in Thailand tomorrow!