Bangkok Condo, Apartment & House Sales
BANGKOK RESIDENTIAL PROPERTY FOR SALE
In Bangkok, we specialize in the Sukhumvit, Sathorn, Lumpini and Riverside locations, and can advise buyers looking for homes or for income-producing investments. We also cover major resort locations within a 3-hour drive from Bangkok, including Pattaya, Hua Hin and Khao Yai.
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BUYING FOR OCCUPATION
We assist buyers in sourcing residential properties based on their specific requirements and budget. We advise purchasers on the location and details of each property. Our team will discuss the requirements of our clients and come up with a choice of properties to view, before taking clients on property inspections, advising on the terms and conditions of purchase, and concluding the transactions.
BUYING FOR INVESTMENT
Purchasing a condominium for investment offers an attractive opportunity for capital growth and rental income. Investors can consider buying at completed projects and renting out their units. There is a large and continually growing expatriate population who look to rent condominiums, thereby providing owners with solid rental returns. Our sales team can advise buy-to-let purchasers on which areas and property types are preferred by tenants.
Investors can also buy condo projects “off plan” before and during construction on a staged payment basis. Deposits and staged payments for condominiums vary from 15% to 30% of the total price. Early buyers will benefit from the increase in value for just a small capital outlay.
TYPES OF RESIDENTIAL PROPERTY FOR SALE IN BANGKOK
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.
A house can either be a stand-alone property or in a gated real-estate development which is 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.
A townhouse is a terraced or row-house property, which will either have direct street frontage or form part of a gated community.
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.
Some developments in Bangkok are built on leasehold land with leases of 30 years and with or without options to renew. Leasehold ownership is also offered in condos where the foreign quota for freehold title has been reached.
For information on condominium sales in Bangkok, Pattaya and Hua Hin in the Russian language, visit thailandhouse.com.ru