Bangkok is world-renowned as being one of the greatest cities for expats to live in. It really does have something for everyone. But, what about accommodation? What is the best type of property to buy in Bangkok?
In this article, we’re going to share some recommended property types based on the following lifestyle choices:
- If you are an investor looking to flip property for profit.
- If you are a single person looking for the ultimate bachelor pad.
- If you are planning on raising a family.
- If you’d like to rent a property out as a holiday home.
- If you have green fingers and value your privacy.
Here’s everything you need to know…
The best type of property to buy in Bangkok for…
Investment opportunities
If you are an investor looking for opportunity, the best property type to buy in Bangkok is typically single-family dwellings and condominiums.
The fact is, condos are the easiest property type as they are low maintenance. The property development / management company will take care of all external repairs and upkeep, leaving you only to worry about the interior.
Historically, buying condos for investment opportunities is always far safer than any other property type and this is true for most countries – not just Bangkok, Thailand.
Life as a single person
If you are a single person and you are looking for the perfect property type, we highly recommend buying a condo.
Condos come in all shapes and sizes, but a suitable space for one person is highly affordable. Not only that, but you will be able to take advantage of all of the amenities that a luxury condominium has to offer, such as regular room cleaning, shared pool and fitness rooms, restaurants, and more.
If you want something clean and compact that requires very little upkeep, you can’t go wrong with a condo.
Raising a family
When raising a family, you need to have as much space as possible. While there are certainly plenty of condos with 3 to 4-bedrooms that could comfortably accommodate a family, it’s much better having a house with a garden for the children to play in.
You’ll find some amazing houses at Anasiri Bangyai for some inspiration!
Renting out as a holiday home
As for purchasing a property to rent out as a holiday home, it all depends on the area in which you are interested in buying.
For example, if you are buying in Sukhumvit (which is widely considered as being the primary tourist area in Bangkok), then you would do well with a well-situated condo.
That said, in the right location (say, close to the riverfront), a lavish villa with the perfect blend of privacy and local amenities might do well.
Do your research and evaluate a potential condo or villa before making any final commitments.
Green fingered folk with a love of privacy
As for the green fingered folk who find peace of mind in gardening and relish privacy, you can’t go wrong with either a house, town house, or a villa.
Living in a condo will mean that your only outdoor space will likely be a balcony, and even then they are often too small to accommodate many plants.
With a house or villa however, you’ll have plenty more space to raise some flowers and grow your own veggies!