Should you Rent or Buy a Bangkok Condo -Bangkok Condo for Sale or Rent
Buying as an Investment
For repeat vacationers and businessmen who often find themselves in Bangkok, owning an apartment or a condo in Bangkok is a much wiser option. With a booming property market, prices for apartments and Bangkok condos for sale are very attractive. Bangkok attracts a growing expatriate community and repeat business visitors all looking to rent Bangkok condominiums and apartments. This makes buying a Bangkok condo a very good investment opportunity with a good return on investment from rental income.
Prices, Maintenance and Security
Prices for both renting and purchasing a Bangkok apartment or a condo in Bangkok depend on the location of the Bangkok condo or apartment, the class of the building, its age, the type of furnishings present, the number of rooms and facilities. Bangkok apartments and Bangkok condos for sale are of course more expensive in the most developed and commercial areas of Bangkok. A cheaper although less convenient alternative would be to choose property in the suburbs.
The downside of owning an apartment in Bangkok is that you would be responsible for your own maintenance and security. Bangkok condos for sale on the other hand would have a system in place for both. If you are not going to be permanently residing in the property, then this factor becomes more important since you will not be there to take care of it yourself.
Property Ownership
Perhaps the most significant difference between buying a Bangkok apartment or Bangkok condos for sale is that you can actually own the property yourself while the same is not true if you purchase an apartment since foreigners cannot own landed properties and land. On the other hand, Bangkok property laws allow foreigners to own a Bangkok condos 100%, which makes purchasing Bangkok condos very attractive. The process is very straightforward. You do not even need to be a resident, as even tourists can buy Bangkok condos for sale.
Bangkok Condo Information guide, Bangkok Condo for Rent and Bangkok Condos for sale
Visit the following sites
http://www.cbre.co.th/en/bangkokapartmentcondorent.asp and
http://www.cbre.co.th/en/bangkok-condo-information.asp
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