In years past, political events in Bangkok have raised concerns about whether the country could recover from the any trouble if a crisis did emerge. Stand-offs between “red shirts & yellow shirts” and government temporarily shake the nation and somewhat affects the country’s tourism industry…. for how long… a few weeks? Although months pass before the effects on Bangkok’s economy are noticed; Thailand watchers say there is little or will be there any major change in the real estate market. This is the story of Thailand; something happens, it changes, and then “sabai-sabai”.
Purchasing an Older Condo or Newer Condo
Deciding on an older condo versus newer condo brings interesting perspective on the evolution of space availability. Most working professionals in Bangkok prefer to purchase a modern condominium right in the middle of the city. Most would usually prefer new models with many amenities. There are some who like older types of condos, as they often have much larger spaces.
Why Choose Serviced Apartments in Bangkok?
There are approximately 11 million international visitors in Bangkok each year. No doubt hotels are in demand catering to both leisure and business travelers. New types of temporary housing offerings have developed to cater travelers; one is serviced apartments in Bangkok. For the past few years serviced apartments in Bangkok have become one of the favorite choices of living, especially for business travelers on short stays.
Buying a Condo in Bangkok
There are many options to buying a condo in Bangkok. It’s a great place to live and enjoy life, and offers many options. Many expats make Bangkok their home and raise families, along with many who retire here. Concerns regarding condo investment are the same in most places. Despite what you may read in some forums or blogs about bad experiences. As far as investment money goes, take look at the United States what has happened over the past 5-10 years; some major real estate losses.
Bangkok Property Rentals
Bangkok property rental process is much more straight forward than in many other countries, such as Japan or Singapore, if for no other reason than there is generally only one agent/agency dealing with your property. Agents in Thailand work both sides of deal, acting for both the owner of the property, and the potential tenant; unlike many countries where each party has their own representative.