The Bangkok real estate scene is an excellent arena for investors. Bangkok has long been a convenient place for offshore investments, and real estate is one of the easiest entry points.
However, the real estate business requires a lot of research. There are several numbers of agents are available in Bangkok to provide a guide for people who looking to buy property in Thailand.
Bangkok Investment Options
There are various options for investing: condos, apartments, agricultural lands and construction lands. Infrastructure improvements in recent years means a sure return on investment in future. Note that foreigners are not allowed to invest in Bangkok directly. However, with the help of a real estate broker, it is entirely possible. In particular, the purchasing of condos in Bangkok is popular with expats: cheap, luxurious and easy to arrange.
Buying a condo in Bangkok
Some expats buy condos to live in. Others buy them as investments. In both cases, real estate tax in Bangkok is very reasonable.
With a sharp eye on the ground, it’s an easy win for expat investors. Better research will expose you to a wider range of options and prices. Note that the legal and document verification is the most essential legal aspect in the Bangkok real estate business.
Legal assistance for foreigners
Investing your money in real estate business without legal documents gets you in the great trouble. In all cases, make sure to get a lawyer’s guidance before investing your money. With the help of an experienced and expat-friendly lawyer, you should be able to solve all legal issues before investing.
To become a Bangkok real estate investor, you must also take real estate classes. It generally takes 2-3 weeks to obtain a certificate, although the process is expensive. To build a new facility, you need to have all legal documents, and then get permission from the Bangkok government.
In these kinds of cases, a real estate lawyer can help to vet sites and ensure legal compliance.
Living the Dream in Bangkok
The real estate market in Bangkok is very affordable. Condos and serviced apartments generally come with a plush amenities like swimming pools, gyms and main service. Owning one allows for a dream home in Bangkok. Make it your base when you come to Thailand – rent it out when it’s vacant.
Come and see what all the fuss is about. Live the expat dream in Bangkok.