Do you have some savings that you are thinking about investing into property? If so and you have given some thought to buying overseas, then this article may be of interest to you. We’re going to look at the benefits of buying a condo in Bangkok – and how you might just be able to get more bang for your buck!
1. Perfect for foreign ownership
Particularly if you have been thinking about moving to Thailand permanently, buying a condo in Bangkok is one of the finest, viable solutions. The fact is, there are a number of laws that prevent foreigners from owning land in Thailand, which can be very restrictive in terms of property type.
However, the good news is that as a foreigner, you can own a freehold condominium outright.
2. More for less
The value proposition for condos in Bangkok is exceptional – particularly when compared to most other capital cities.
Take a look at the incredible condos for sale at OKA HAUS Sukhumvit. Then, go and look for a similar condo with panoramic views and luxury bathrooms in the likes of London or New York and see how much it would set you back. The difference is mind-blowing.
The fact is, you get so much more for less when buying a condo in Bangkok!
3. Potential for value appreciation
Take the time to look for property in new, up and coming neighbourhoods in Bangkok. In doing so, you can secure a great investment opportunity for yourself. When buying a condo in an area of Bangkok that is set to thrive and develop over the years, you’ll have a far greater chance at your property appreciating in value. Perfect for those looking to purchase and flip for profit!
4. Unrivalled views
Bangkok is a unique city and many of the condominium developments boast unrivalled views. It is a notably flat city that spans over 1,569 km² and if you are fortunate enough to secure yourself a condo on the upper floors of a high-rise condominium, you’ll be able to enjoy some of the most breath-taking views imaginable.
5. Awesome amenities
Bangkok (aka the Big Mango) is a magnificent city that truly does have something to offer everyone. One of the most attractive aspects of buying a condo in Bangkok is a development’s strategic location in relation to the rest of the city. Your prospective condo should be close to one of the main BTS Skytrain stations, giving you access to all that Bangkok has to offer in as little as 30-minutes to an hour (including the top healthcare facilities and international schools!)
Not only that, but any reputable condominium development will boast a plethora of awesome in-house facilities as well, such as a swimming pool, fitness studio, sauna & steam room, restaurant / roof-top bar, and so much more!
You’ll be hard-pressed to find so much opportunity on your doorstep when buying anywhere else!