Thailand’s real estate market is now booming more than ever, and for good reason. With the country lauded as one of the top tourist destinations in Asia, it’s no surprise that a lot of tourists who are only supposed to visit Thailand fall in love with it so much that they end up buying their own property here.
Now if you’re one of those who want to invest in a riverside condo in Bangkok for sale, here are three tips to help you make the right choice:
Location is key to everything
It doesn’t matter if you’re buying a condo to live in or rent out; location is the key to everything when you’re investing in property. In fact, choosing a location is one of the most crucial steps in the home buying process because it can heavily influence the quality of life that you get to enjoy if you live in it and the potential rental income that you get if you rent the condo out. Choosing a central location with a great view like the river is one of the best options when investing in property in Thailand.
A property with good amenities is a huge plus
Condo living is quite different from living in a home because you’re confined in your own unit and do not have a front or backyard. This is why it’s very important to choose a condominium with amenities and facilities that you can enjoy and that add value to your investment. Check if a property has a gym, concierge service, pool and other small amenities that will help to improve your quality of living when you’re in it. Of course, you should also ask about the building’s maintenance and security services to ensure that all these amenities are maintained and that you can live safely and securely in the property.
Find a unit with the most space
Let’s face it: we all want to live in a home with as much space as we can enjoy. Although you can’t expect to get the same amount of space in a house when you’re in a condo, choosing one with the right size and layout that fits your lifestyle is key to enjoying your investment. The trick here is not only looking at the square footage but also considering the layout flow of the unit. Imagine how you’d like to furnish the condo when you’re looking at it and go for one that can offer you the most efficient layout where you can maximise both style and functionality.
Of course, you also need to look at the price since buying a condo in Thailand is a huge investment even for foreigners. Remember that not everything that’s expensive offers good value, so make sure to compare prices, amenities and other factors before making a decision. And if you’re already on the market for condo units to buy, why don’t you check out our selection of units first?