The Bangkok residential property sales team is the market leader, currently marketing the 17 leading condominium projects in Bangkok. CB Richard Ellis provides you with the widest range of luxury Bangkok real estate for sale.
The team has an in-depth knowledge of properties available in Bangkok’s central areas, including condominiums and houses in new and existing projects and individual residential development land plots.
We specialize in the Sukhumvit, Sathorn, Lumpini and Riverside locations, and can advise buyers looking for homes or for income-producing investments.
1. Condominiums
A condominium or condo – also known in some countries as an apartment or flat - is a building where individuals have freehold strata title of their own residential unit and where the common areas such as lifts, swimming pools and gyms are jointly owned by all the co-owners. In Thailand, foreigners are allowed to own up to 49% of the total area of a condo building.
2. Houses
A house can either be a stand-alone property or in a gated real estate development known in Thailand as a “Moo Baan”. Most luxury housing projects feature single detached houses and communal facilities such as a swimming pool, clubhouse and gym.
3. Townhouses
A townhouse is a terraced or row-house property, which will either have direct street frontage or form part of a gated community.
CONDOMINIUM OWERSHIP
1. Freehold
The majority of condominiums in Bangkok are freehold. Foreigners can own up to 49% of the total area of a condominium on a freehold basis.
2. Leasehold
Some developments in Bangkok are built on leasehold land with leases of 30 years and options to renew. Leasehold ownership is also offered in condos where the foreign quota for freehold title has been reached.
For information or any advice, please contact
Pornpimol Phuengkhuankhan, Director-Residential Sales Services