When it comes to foreigners purchasing a property in Thailand, they are usually limited to buying either a condo or apartment, as foreigners are not allowed to own land. There are ways around this, not always legal, so if you want to get on the property ladder in Thailand, buying a condo is the best option for you. If you are interested in purchasing a condo in Bangkok and do not know where to start, there are some factors below for you to consider which will help make the process easier for you and help you to select the perfect condo and location for your needs.
Full-Time Or Part-Time Living?
A vital factor to consider when you are purchasing a property in Bangkok is what you will use it for and how much? Will you be living their full-time, will you be using it only part-time, or do you want to rent it out to a tenant? You may wish to invest more if you are going to live there full-time, and you may be able to spend a little less if you are renting it out or using it only occasionally.
What Is Your Budget?
When you are looking to buy a condo, Bangkok has properties for all sizes of budget. You will need to decide how much money you wish to invest when purchasing a condo and do some research to ensure that it is enough to get what you want. The further you go away from the city centre, the lower prices are, so another crucial factor to consider is where do you want to live?
What Amenities Do You Want?
You will also need to consider what you want in your condo that will make you happy to purchase it, and this also includes the amenities that the development offers. You will need to decide on the size of condo, amount of bedrooms and bathrooms, and also your preferred floor. As well as this, you will also need to decide if your condo must have a gym or swimming pool, or shops and laundry service.
How To Find Your Perfect Condo
One of the best ways to find your perfect condo in Bangkok is to use the services of a property agent who will be able to streamline the process. You can explain to them your budget and what it is that you are looking for, and they can then show you what they have on their books that may be suitable. If they have nothing suitable themselves, they will most likely know other agents that can help out, and the best part is that it will not cost you anything. Property agents will make their commission through the sale or rental of a property which is paid by the person that owns or rents out the property. Finding the perfect location and condo can be made much simpler when you use the services of a reputable property agent in Bangkok.