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Condos For Sale in Bangkok

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165 sqm 3-Bed Condo on 3rd Floor at Liang Garden Chong Nonsi
New
10
Condo For Sale
฿ 11.0M
฿ 66,667 per Sqm

Liang Garden |

Yannawa, Bangkok

3
3
165 Sqm

165 sqm 3-Bed Condo on 3rd Floor at Liang Garden Chong Nonsi

44 sqm modern condo at Ideo Mobi Rama 9 Huai Khwang Bangkok
New
8
Condo For Sale
฿ 5.20M
฿ 118K per Sqm

Ideo Mobi Rama 9 |

Huai Kwang, Bangkok

1
1
44 Sqm

44 sqm modern condo at Ideo Mobi Rama 9 Huai Khwang Bangkok

Recently Updated
Special Offer
35
icon
Condo For Sale
฿ 16.39M ฿ 25.45M
฿ 180K per Sqm

The Room Sukhumvit 38 |

Khlong Toei, Bangkok

2
2
91 Sqm

2 Bed 2 Bath 90.99 SQ.M The Room Sukhumvit 38

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Recently Updated
Special Offer
15
icon
Condo For Sale
฿ 15.29M ฿ 22.65M
฿ 168K per Sqm

The Room Sukhumvit 38 |

Khlong Toei, Bangkok

2
2
91 Sqm

2 Bed 2 Bath 90.99 SQ.M The Room Sukhumvit 38

Recently Updated
15
icon
Condo For Sale
฿ 15.29M
฿ 193K per Sqm

The Room Sukhumvit 38 |

Khlong Toei, Bangkok

2
2
79 Sqm

2 Bed 2 Bath 79.09 SQ.M The Room Sukhumvit 38

Recently Updated
12
Condo For Sale
฿ 11.70M
฿ 141K per Sqm

The Room Sukhumvit 69 |

Wattana, Bangkok

2
2
83 Sqm

2 Bed 2 Bath 83 SQ.M The Room Sukhumvit 69

Recently Updated
7
Condo For Sale
฿ 14.99M
฿ 189K per Sqm

The Room Sukhumvit 38 |

Khlong Toei, Bangkok

2
2
79 Sqm

The Room Sukhumvit 38: A Serene Executive Retreat in Bangkok's Prime Residential Enclave

New
6
Condo For Sale
฿ 4.89M
฿ 148K per Sqm

The Line Sukhumvit 101 |

Prakanong, Bangkok

1
1
33 Sqm

33sqm 1 Bedroom Condo on 23rd Floor at The Line Sukhumvit 101 Bang Chak Bangkok

New
9
Condo For Sale
฿ 6.90M
฿ 223K per Sqm

Ashton Chula-Silom |

Bang Rak, Bangkok

1
1
31 Sqm

31 sqm high-floor condo at Ashton Chula-Silom in Si Phraya Bang Rak

Recently Updated
10
Condo For Sale
฿ 4.20M
฿ 112K per Sqm

Abstracts Phahonyothin Park |

Chatuchak, Bangkok

1
1
37 Sqm

1 Bed 1 Bath 37 SQ.M Abstracts Phahonyothin Park

Recently Updated
7
Condo For Sale
฿ 5.80M
฿ 166K per Sqm

Life Ladprao |

Chatuchak, Bangkok

1
1
35 Sqm

1 Bedroom 1 Bathroom 35 SQ.M Life Ladprao

Recently Updated
8
Condo For Sale
฿ 4.89M
฿ 136K per Sqm

THE LINE VIBE |

Chatuchak, Bangkok

1
1
36 Sqm

1 bedroom 1 bathroom 36 sqm at THE LINE VIBE for sale and rent

Recently Updated
9
Condo For Sale
฿ 4.66M
฿ 129K per Sqm

THE LINE Phahonyothin Park |

Chatuchak, Bangkok

1
1
36 Sqm

1 Bed 1 Bath 36 SQM. THE LINE Phahonyothin Park

Recently Updated
9
Condo For Sale
฿ 3.82M
฿ 117K per Sqm

THE LINE Phahonyothin Park |

Chatuchak, Bangkok

1
1
33 Sqm

1 Bedroom 1 Bathroom 32.75 Sq.m THE LINE Phahonyothin Park

Recently Updated
Special Offer
11
Condo For Sale
฿ 4.25M ฿ 4.50M
฿ 170K per Sqm

LIFE Asoke - Rama 9 |

Ratchathewi, Bangkok

1
1
25 Sqm

25 sqm Freehold Studio Condo with Balcony and City View

Sell with Lazudi
Recently Updated
13
Condo For Sale
฿ 6.0M
฿ 162K per Sqm

Knightsbridge Prime Sathorn |

Sathorn, Bangkok

1
1
37 Sqm

1 Bed 1 Bath 37 SQ.M Knightsbridge Prime Sathorn

Recently Updated
13
Condo For Sale
฿ 7.0M
฿ 188K per Sqm

Knightsbridge Prime Sathorn |

Sathorn, Bangkok

1
1
37 Sqm

1 Bed 1 Bath 37 SQ.M Knightsbridge Prime Sathorn

New
10
Condo For Sale
฿ 7.80M
฿ 177K per Sqm

Knightsbridge Prime Sathorn |

Sathorn, Bangkok

2
1
44 Sqm

44 sqm loft 2 bedroom condo on 31st floor Knightsbridge Prime Sathorn Bangkok

Recently Updated
10
Condo For Sale
฿ 6.20M
฿ 163K per Sqm

Knightsbridge Prime Sathorn |

Sathorn, Bangkok

1
1
38 Sqm

1 Bedroom 1 Bathroom 38 Sq.m Knightsbridge Prime Sathorn

Recently Updated
15
Condo For Sale
฿ 8.20M
฿ 186K per Sqm

Knightsbridge Prime Sathorn |

Sathorn, Bangkok

1
1
44 Sqm

1 Bed 1 Bath 44 SQ.M Knightsbridge Prime Sathorn

FAQs: Buying Condominiums in Bangkok

Yes, foreigners can own condominium units in their own name on a freehold basis. This is the most common and secure form of ownership for foreigners, provided the condominium project's foreign ownership does not exceed 49% of the total unit floor area.

Its case by case, but in addition to the purchase price, buyers should expect to pay several fees and taxes. These can include a transfer fee of 2% of the appraised value (often split with the seller), a stamp duty of 0.5% (or a Specific Business Tax of 3.3% if applicable), and withholding tax.

Freehold gives you outright, indefinite ownership of the condominium unit. Leasehold ownership, on the other hand, grants the right to occupy a property for a fixed term, typically a 30-year lease, with potential for renewal. Leasehold units are often priced 10-15% lower than comparable freehold units in the same location.

Again this is case by case, getting a mortgage in Thailand as a foreigner is challenging but possible. A few international and local banks, such as UOB and ICBC, offer loans to non-residents, typically requiring a significant down payment of 30% to 50% of the property's value. A work permit or a Thai-based income can improve your chances of approval.

To legally register the transfer of ownership at the Land Department, the full purchase amount must be transferred from a foreign bank account into Thailand in a foreign currency. For amounts over US$50,000, the receiving Thai bank will issue a Foreign Exchange Transaction (FET) form, which serves as legal proof that the funds originated from abroad. For amounts under this threshold, a confirmation letter from the bank will suffice.

Ongoing costs include a monthly common area fee, often called a maintenance fee, which typically ranges from ฿40-80 per square meter per month. Owners also pay a one-time sinking fund fee upon purchase, which is set aside for major repairs and renovations.

Residential Condominiums, Apartments, or Flats in Bangkok


Bangkok's condominium market is a dynamic sector offering diverse options for both domestic and international buyers. The city's real estate landscape has evolved significantly since the enactment of the 1979 Condominium Act, which created the legal framework for this type of ownership. The subsequent opening of the BTS Skytrain in 1999 and the MRT Metro in 2004 transformed the urban landscape, spurring high-rise development along these new transit corridors and making condos the most sought-after property type in the city.

 

Market Trends and Pricing

As a local expert, we can confirm that the Bangkok condo market in 2024 has shown consistent price growth.

Luxury and High-End Condos: The ultra-luxury segment continues to thrive, with prices in prime central districts like Sukhumvit, Thonglor, Silom, and Sathorn often exceeding ฿300,000 per square meter. New projects in premium locations can even exceed ฿400,000 per square meter. Noteworthy luxury developments include Tait 12 by Raimon Land, The Residences at Mandarin Oriental Bangkok, and 98 Wireless by Sansiri.

Mid-Range and Entry-Level: The city-wide average price for condos is between ฿140,000 and ฿150,000 per square meter, with mid-range properties in areas like Rama 9, Ratchada, and Ari offering excellent value. These properties, typically priced between ฿4 million to ฿8 million, are highly popular with both local buyers and foreign investors seeking strong rental yields and future capital growth. Developers like AP (Thailand) and Supalai are well-established in this market segment, focusing on quality and accessibility.

 

Investment Potential and Rental Yields


For investors, Bangkok's condo market offers attractive potential for rental income and long-term appreciation. Gross rental yields generally range from 4% to 7% depending on the location and property type.

Location Matters: Prime areas like Sukhumvit and Sathorn offer stable yields and strong capital appreciation potential, with gross yields typically between 4-5.5%. Meanwhile, emerging business hubs like Rama 9 and Bang Na may offer higher yields of 5-7% due to lower purchase prices and growing demand.

Unit Size: Smaller units, such as studios and one-bedrooms, consistently deliver the highest gross rental yields, with studios potentially reaching up to 7.5%. Larger units, while commanding higher rental fees, generally have lower yields due to their higher purchase costs.

Managing Your Investment: Investors should also factor in expenses like a monthly maintenance fee (typically ฿40-80 per square meter) and potential vacancy periods. Luckily, professional property management services are widely available to assist with finding tenants and handling day-to-day operations.

 

Navigating the Property Investment Hotspots


Understanding the unique character of each district is crucial for any buyer.

Prime CBDs: The classic Central Business Districts of Silom and Sathorn are highly valued for their limited land supply and concentration of corporate headquarters. These areas attract buyers seeking long-term stability and high rental demand from expatriates.

Sukhumvit Corridor: As the city's most well-known residential and commercial artery, the Sukhumvit corridor, including neighborhoods like Phrom Phong, Thonglor, and Ekkamai, remains a top choice for investment. These areas, once vast rice fields, have transformed into bustling cosmopolitan centers, with property values consistently high due to their vibrant lifestyle offerings and direct BTS connectivity.

Emerging Districts: Areas like Rama 9 and Bang Na are considered "up-and-coming" investment hotspots. Rama 9 has evolved into Bangkok’s new CBD, with major infrastructure and commercial developments, while Bang Na benefits from its strategic location as a gateway to the Eastern Economic Corridor. These districts offer a balance of growth potential and affordability compared to the prime central areas.

 

The Legal Process for Foreign Buyers


Navigating the legalities of a property purchase as a foreigner is straightforward, provided you follow the correct procedures. A key requirement is that the funds used for the purchase must be transferred into Thailand from a foreign bank account. To register the property at the Land Department, you must obtain a Foreign Exchange Transaction (FET) form from the receiving bank for transfers over US$50,000 (or a credit note for smaller amounts), as proof that the funds originated from abroad. It is highly recommended to engage a qualified real estate lawyer to assist with due diligence, including checking the foreign ownership quota (limited to 49% of a building's total floor area) and reviewing the sale contract to protect your interests.

 

Find Your Home with Lazudi

Our extensive listings of Condominiums, Apartments, or Flats for sale in Bangkok, combined with our local expertise, can help you navigate these choices and find a property that perfectly suits your goals. We understand that finding the right property is a significant life decision, whether it's for a new home or a valuable investment. Our team of local real estate agents is equipped with in-depth knowledge of current market trends, pricing, and neighborhood dynamics. We can provide you with access to exclusive listings not available on public platforms and assist with every step of the process, from initial research to legal due diligence and contract review. Our goal is to ensure a smooth and seamless experience, giving you the confidence to make a sound and rewarding residential investment.

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