Thailand is one of the countries that offer fancy, desirable lifestyles combined with a relatively low cost of living. This country's ideal South East Asian location makes it attractive for foreigners and expats. The policy of foreigners’ or ex-pats' property ownership has hiked the national economy. It has helped not only the economy but tourism as well. Thailand is one of the best options to invest in real estate.
Looking for a place of your dreams to invest in? Or someplace worth your hard-earned money? Then definitely, you're in the right page. Today we are going to unfold the beautiful places of Thailand for the people who are interested in investing in real estate or will look to move. The real estate market in 2022 is an excellent place for property investment. Thailand is a popular tourist destination but also offers excellent value for property investors or for expats due to the low cost of living.
You may be thinking of a few Whys and Wheres, but don't worry we are here to cover it all. Let’s have a quick tour of the locations and perks of investing in Thailand:
This city has it all! Bangkok is the capital of Thailand. This city offers incredibly attractive locations and options to invest in. This city is the hub of business locations, commercial options, semi-commercial properties, residential areas, and much more. Bangkok is one of the most developed cities in the world with the most beautiful attractions and rich culture heritage. It has desirable facilities, the best local residents you could ask for, exclusivity, and amazing options for investment purposes. Easy access makes it attractive to foreign property buyers. The affordability factor for ex-pats is not an issue here. To see Bangkok Property for Sale click here.
• Asoke - Asoke is one of the premium locations in central Bangkok. It has huge foot traffic which directly increases the value of real estate here. It is the centre of many multinational companies and business offices. Asoke is also called the transportation junction because it has the main Bangkok Skytrain station. This central business district of Bangkok has the most population. As it is the most developed area of the city thus prices for real estate are high here. The real estate purchases for investment purposes here benefit the most in a few years only.
• Phrom Phong - Here the rate of the property has increased by 40% which is a huge percentage. This area is mostly suited for residential, lifestyle, and semi-commercial properties, you can buy desirable lifestyles here. Not only this, the area has a lot of activity places like bars, restaurants, shopping malls and much more. It is a few miles foot-distant from Asoke.
• On Nut - This area is developing rapidly which is a great factor in buying real estate here. It offers a great area for the development of units and residential properties. The ex-pats and locals enjoy the lifestyle here as it has all. The distance from the city center is not that much. You can easily access the central city area in 10 to 15 minutes with BTS.
• Ploenchit - if you are looking for a luxurious living experience or you have a high budget for investment. This area is the best option in Bangkok. It is the home of many embassies which makes it posher than the others. Prices for real estate here are higher than in any other area of Bangkok.
• Silom & Sathorn - Silom and Sathorn are considered to be the oldest and most developed areas of Bangkok. It's the hub of financial affairs, you’ll find the best-developed options here. The prices are high for Silom as it's the upper-scale area. Whereas for Sathorn you can find properties in affordable ranges.
• Nana - This is one of the most expensive areas you can find in Bangkok. If you have a good budget then buying properties here would be a great investment. This area is considered one of the central areas of the city as it has easy access to BTS and MRT.
• Thong Lor - If there is Soho in Thailand it would be Thong Lor. This area is developing with luxuries. The most interesting factor about this area is that it has changed its appearance in past years. The prices are incredibly high here, as the land is beautified by the luxuries of life.
The party city of Thailand offers prime locations for semi-commercial, commercial, and residential properties. The high demand for real estate is due to the luxuries and amenities it provides and the property market in Bangkok reflects this. Due to the vibrant nightlife buying a property here generates revenue through rentals. This is the prime location to invest your money with a big budget. The estimated amount for one bedroom condo is 2,937,599 THB the high and low ends may vary with the area and facilities. Living in Bangkok is popular with a large number of foreigners and this is similar to living in any city throughout the world.
Away from Bangkok, this is a proper vacation destination for locals as well as foreigners. Commonly considered the oldest beach resort, Hua Hi was a fishing village earlier which was turned into a modern seaside town. This transformation is to be appreciated because the development has changed it into an incredibly new and amazing place.
This place earns revenue by entertaining thousands of tourists with natural and luxurious attractions. In terms of prices, the land here is affordable and a good option for investment. This town has locals, ex-pats, and foreign residentials. Any property purchase here gives the best value for money.
As compared to other cities in Thailand Hua Hin offers affordable property prices. Here you can find luxury villas and houses at 12,014,134 THB which is equal to getting an apartment in London. Hua Hin is the best place for investment as it gives excellent value for money.
Chiang Mai is one of the famous places in Thailand. It has worldwide recognition and is on the way to recognition as a UNESCO World Heritage site and is famous for its cultural history. This area allows you to explore and experience the actual essence of cultural values within Thailand. This region captures the interest of tourists. However, it is still a fantastic place to consider if you're buying real estate in Thailand.
Here you can easily find the best options at the best prices. This cultural centre of Thailand has prime locations to invest in real estate. If you are planning a long-term investment approach for future savings. This is the best option in Thailand.
Far from Bangkok's chaotic buzz of city life Chain Mai allows you to live in a culturally rich environment where values and traditions are appreciated. This location offers real estate in a cost-effective range than Bangkok.
Phuket is famous for its white beaches, mesmerizing views, serenity, and attractive lifestyle all over the world. It is located on the island which gains the attention of the tourist and locals as well. This area is contributing to the national economy on a large scale. The development of this area is in full swing. This travel destination is a big Yes for investment and residential purchasing. The advantages of buying real estate here are:
• Dreamy Travel Destination
• Rapid Development is increasing the property values
• More traffic means more revenue
• Great ambience for residential properties
• Prices in affordable ranges
Ideal places to buy property in Phuket are:
Patong - This area of Phuket is famous for its vibrant and colourful vibes. The nightlife of this area is as bright as a day. The beaches are the highlight of this area. Therefore prices are high here. This area is suitable for business purposes. Resorts, huts, and hotels can be bought for investment purposes.
Kata and Karon - These two areas are also famous because of the beaches. This location has got more tourists for vacations and visits which generates more revenue.
Thalang - This location of Phuket is the biggest in terms of area. Moreover, this area has the main airport which brings more foot traffic from tourists. The prices are high here because of the central attractions for the tourist.
Property values in Phuket are high because of the amenities and other facilities provided. Here you can buy real estate at 100,000 THB per square meter on the low end and it goes higher to 200,000 THB per square meter. Prices vary with the fall and rise in the market and vary from area to area.
Koh Samui is a tropical island in Thailand considered to be the best vacation destination for tourists. It is developing with the idea of saving its natural beauty. Nature is the biggest attraction of this area, greenery, water, and suitable atmospheric conditions make this place the best location for vacations.
Resorts, hotels, and units are built for the tourists' stay, here revenue is earned through tourism. The property is available in affordable ranges as compared to Bangkok and other cities. From an investment point of view, this area has a lot to offer.
Koh Samui offers beautiful sceneries around with a common condominium unit for rental purposes 900 THB to 200 THB a night. Whereas luxury villas and resorts are very expensive. Other than personal use, buying a villa, and resorts are way better investments as rental prices here are higher.
Pattaya is the second most visited city in Thailand after Bangkok. If you are looking for a place that includes all the city-like facilities with a peaceful and relaxed environment. Pattaya is the answer to your such queries.
Pattaya has a seaside beautiful location which makes the mornings and night views heavenly. You can enjoy all the amenities with pleasant views and a peaceful environment. These features attract foreigners, and locals for visit and investment purposes.
This place has great land and property options for investment. The prices are hiked due to such serenity with all the amenities. This is the land of ex-pats as most of the area is bought by the ex-pats. So if you are looking at this place from an investment point of view, it's a big YES!
This area with all amenities offers a fair price. You can find condominium units between USD 1500 to USD 3000 per square meter which gives great value for money.
This area is located in northern Thailand. It allows the country to generate revenue from tourism. Chiang Rai is blessed with mesmerizing views due to the mountain ranges there. Chiang Rai is one of the most beautiful mountainous areas that have a grip on nature and grow with time. It’s only five hours drive away from Chiang Mai. It represents the actual Thai culture. Chian Rai, the city of MAng was under the rule of Burmese earlier.
This place is the best option to taste its unique cuisine and other attractions like resorts, huts, restaurants, and much more. Here the ideal investment is to buy property for renting purposes. It will benefit the buyer. Rent here is higher as compared to other cities. The reason behind this raise is the mountainous ranges and other unique attractions of this city.
Prices here are high but they gave the utmost outcome. As the one-bedroom condo is to rent for 8000 while if this same condo is for rent out of this city it will cost 5000 Baht. Prices vary from area to area. This is a good option if want to invest with a high budget. As development is taking place shortly these condos will be more costly than this.
This beautiful town is developed in the lap of a valley. The Pai river runs alongside this town which increases the beauty of its land. The food stalls and handicraft shops are the attraction here other than the mesmerizing beauty of nature.
This area of Thailand attracts thousands of tourists which helps the national economy. The famous Wander Pai walking street is the favourite of every visitor. The beautiful Pam Bok waterfall raises the reasons to stay there or visit again.
The prices are fair and lower than the other cities. The calm and relaxed environment here is suitable for a vacation stay. The estimated amount for buying a house or guest house here is 5,50,000 THB. It is a good option for investment that gives excellent value for money.
Cheapest place to buy property in Thailand
If you're looking for a place to buy property in Thailand, Bang Saray is definitely worth considering. The small town has a lot to offer, including beautiful beaches, a laid-back lifestyle, and of course, great prices on property.
There are plenty of good reasons to buy property in Bang Saray. The town is located just a short drive from Pattaya, making it a great option for those who want to be close to all the action but don't want to live right in the city. And, of course, the beaches here are absolutely stunning. The cost of living is also comparatively low in Bang Saray. You can find good deals on clothing, electronics, and other items. The prices are often lower than in other parts of Thailand. You can also find many great restaurants and cafes.
If you're looking for a place to relax and enjoy the good life, Bang Saray is definitely the place for you. So what are you waiting for? Start your search for the perfect property in Bang Saray today!
We also have a guide on what it is like to live in Thailand.
Propuno's guide to the best places to buy property in Thailand
Thailand is a truly remarkable country that is home to many ex-pats. Also viewed as a phenomenal tourist destination, there are multiple cities in Thailand that will allow you to explore the beauty of this surreal country. With a business hub, low cost of living, and more, many foreigners view Thailand as one of the best places to buy real estate. Whether that be a traditional or new property, this is an exceedingly popular place with a high demand for real estate. Whether you are looking to reside in a busy centre that you can find in Bangkok or a more relaxed pace of life that is offered by Hua Hin, our agents are here to ensure you make the correct choices. Not to mention, the developments that we have to offer contain landed properties which means you could see a great return on your investment. Secure your dream to live in Thailand and delve into the property market with Propuno.
Here at Propuno, we understand the importance of finding the perfect property for your future home. The Propuno team has over 20 years of combined experience in helping our customers buy property in Thailand. During this time, we have built partnerships and connections to create a unique catalogue of reputable, trustworthy and professional estate agents from around the world. Our network of estate agents allows us to provide you with a tailor-made experience by handpicking the most suitable agent for your specific needs. If you are looking to buy real estate in Thailand, our real estate agents can ensure you make a good investment whether you are looking to buy or rent Thailand property.