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  • Factors to consider when purchasing property in Thailand

    Factors to consider when purchasing property in Thailand

    There are a great many factors worth considering if you are thinking about taking the plunge into the property market in Thailand. Some of the essential ones are whether you can secure the relevant funding, making sure that you tick all the legal boxes, and that you select the right company to help guide you through the process with efficiency and ease.

    One of the first things you should consider is where to buy property, and what kind of property you might want to purchase. Here we will take a look at some of the best places to get property in Thailand and help you on the way to your dream property today.

    Location, location, location
    Where you choose to buy your house is arguably the most important decision that you have to make when purchasing property. Is it more important to be near the beach? Do you want to be close to a particular place, or require certain amenities and services in the area to suit your needs? To get you started, these are some of the top locations to buy property in Thailand right now.

    Bangkok
    Known as the Venice of the East in many circles, Bangkok property is considered among the best and most enticing investments that you can make in the entire region. Home to an exciting blend of the modern and historic, with a welcoming culture and a booming economy, Bangkok is not only one of the top destinations for tourists across the world, it is also one of the best places to live.

    You can choose the kind of area you wish to live in, from the hustle and bustle of the very centre to the charming and more relaxing neighbourhoods a little further out. You can also find the property type to suit you and for remarkably good value compared to almost anywhere else.

    Phuket
    If your ideal home is to be found closer to the beach, a Phuket property could well be your dream come true. This incredible island is endowed with endless natural beauty through its gorgeous beaches and has enough amenities and services in the area to please everyone. Whether you like golf, diving, shopping or hitting the spa, Phuket is the place for you.

    Hua Hin
    For those who like to be fairly close to Bangkok and its international airport, Hua Hin property could be the answer to your prayers. Also the beach is adjacent, you can relax here and take in the view, or enjoy many of the activities and amenities on offer. It is also steadily growing in popularity as a destination, so getting in there now could allow you to get ahead of the trend.

    Koh Samui
    Another island that is a hugely popular spot for tourists and people who want to settle down alike, buying Koh Samui property is a fantastic investment and looks like it will stay that way for years to come. 

    Within an easy boat ride of several other islands including Koh Tao and its world-famous diving and snorkelling, there is plenty to do right here as well. Between the untouched beauty and the lively centre, the Koh Samui property is a purchase that you won’t soon regret.

    Chiang Rai
    If you are looking for something a little different, Chiang Rai property is among the most affordable in all of Thailand and is located up in the North instead. You are swapping beaches for mountains, but there is still so much natural beauty and history for you to explore. You will also find utterly delicious food, wonderfully friendly people, and a place that you can truly call home.

    Pattaya
    One of the most popular places in all of Thailand, Pattaya is expected to continue to attract more and more visitors and long-term guests, and buying Pattaya property now could see you in a fantastic position in the future. With a beachfront that takes your breath away, efficient transport options to Bangkok and elsewhere, and Pattaya property being available in a price range to suit most pockets, this has to be one of the best locations to live in the country.

    The type of property
    Another key factor to consider is the property type that you wish to go for. Thailand boasts a variety of buildings from houses and townhouses to condos and villas, so there is sure to be something to suit every need.

    The kind of property might vary once you have decided on a location, for instance, if you were looking to purchase a Phuket property that may lead you to look at beach property or villas as your top choice.

    The amount you can expect to pay will change depending on the property you choose, where it is and much more, so you should be able to find just what you are looking for in your price range in Thailand.

    Condos are a hugely popular choice for many people looking to make the move to Thailand. They are often of incredible value, relatively easy to secure with the right company, and usually require little to no work from you once you move in. 

    Foreigners are forbidden from owning land outright, with Thai law placing many regulations and controls over what can and cannot be bought and owned. Condos, however, are absolutely fine as long as 51% of the complex remains in Thai hands which helps contribute to their popularity. If you are looking for a hassle-free and great value investment, buying a condo could be the right choice for you.

    Final thoughts
    Buying property in Thailand is a wonderful investment, and now is absolutely the time to do it. From the mountains to the beaches and cities, Thailand has something for everyone, is one of the most beautiful countries in the world, and arguably the number one destination for people from all over. 

    If you have any questions or thoughts on the kind of property you are looking for and how you might obtain it, please don’t hesitate to contact the experts and get started on the path to owning your own Thai property today.

     

    Thailand Blog Buying Guides Factors to consider when purchasing property in Thailand