Bangkok is a property buyer’s paradise, with homes available to suit just about every budget and size requirement.
Start by thinking carefully about what you want from your condo in Bangkok. Will it be a first home for you and your family, a second home for fun city breaks or is it going to be purely an investment property where the maximum rental return is paramount? The next step is to identify the minimum number of bedrooms and the size of the living area, and to prepare a list of required features. Will your highest priority be the location or excellent shared facilities such as a swimming pool?
The more information we have, the better we can fine-tune our recommended list of properties for you to view. At CBRE, we treat everyone as an individual.
It is a mistake to try and apply Western legal structures to property acquisitions in Bangkok. You can throw away the rule book because Thailand has an entirely different legal structure. As with all property acquisitions, you will need to engage an experienced solicitor to work with you. If required, CBRE can help by making a recommendation.
The Thai Land Code considers “foreign” property ownership to be real estate which is owned by any foreign individual or company. The legal mechanisms which are most frequently used by foreigners to hold Thai real estate are: leasehold, freehold through a condo title, and freehold through acquisition by a Thai company. There are also some specific circumstances where foreigners may own industrial property on a freehold basis.
CBRE is accustomed to the nuances of Thai law and to working with solicitors and their clients.
Bangkok is vast but, like most cities, there are few genuinely prime areas. At CBRE, whilst we are always looking for new and upcoming prime areas to tease the confident investor, we focus on those areas which continue to provide predictable returns. Sukhumvit, Silom and Sathorn, central Lumpini and the riverside area are all attractive to foreigners, who want to have great transport links, access to international schools and hospitals and, of course, be close to Bangkok’s famous night life.
At CBRE, we’re on the ground, so we know Bangkok and what constitutes a hot property. You can trust us to find the best property for your budget and requirements.
