Top Reasons to Invest in Bangkok's Real Estate in 2023
NOW IS THE BEST TIME TO INVEST IN BANGKOK REAL ESTATE.
If you want to invest in real estate or settle down in a thriving metropolis, you can buy property in Bangkok. With 100 000 homes valued at $300 000, prime residential real estate in Bangkok is now among the most affordable in significant cities.
Invest in Bangkok Property
Bangkok is known as one of the best places in the world for various activities, such as living, travelling and investing. It also holds the title of the safest city in the world. It has a social, economic and service-friendly environment offers residents and investors many advantages not found in other countries, making it one of the most attractive places to invest in various industries, especially real estate.
We give some reasons why you should invest in Bangkok property this year. Please feel free to share your reasons.
Top Reasons to Invest in Bangkok's Real Estate in 2023
INVESTMENT BENEFITS
High rental yields
Bangkok is known for its luxuries. Around the globe, people come here for work, travelling, or business. Because Bangkok has top opportunities and is fortunately known for its lucky places and wealthier Thailand cities. Bangkok rates a high ROI. According to the archive data, it is found that Bangkok ensures a higher level of Roi than other cities.
Based on calculations, the Bangkok annual rental yield is 5% greater.
Compared to global rental yields, the purchase cost in Bangkok is low while it generates High rental yields. The data shows that Bangkok is higher in rental yields (5%), New York (3.9%), London (3.2%), Singapore (2.8%), and Hong Kong (2.8%).
High-quality lifestyle with affordable housing
With world-class infrastructure, top-quality restaurants, state-of-the-art recreational and entertainment facilities and international schools and colleges, Bangkok presents a high-quality lifestyle with housing that is quite affordable.
Economic Growth Investors choose Bangkok because of the economy’s continued growth. As Southeast Asia's tourism and commercial hub, it has one of the most diversified economies, attracting a high volume of foreign investment annually. It is no surprise that Bangkok took the top spot in 2023 as the most popular city in the world.
Regulated Market Bangkok’s real estate market has been rated the most transparent in Southeast Asia. Currently, the market is at a high point with no signs of slowing down. Through new and revised initiatives and regulations, the government is improving market transparency. Just this year, all real estate data is now publicly available. Growing Population As Bangkok's population is expected to double by 2040, more real estate projects are expected to be launched, assuring investors of a high return on their investment. According to the Statistics, Bangkok is a city of 579 square miles and a conglomeration of 20 million inhabitants.
Visa relaxation
Thai Visa for real estate investors purchasing a new property of 10,000,000 THB | $300 000.
Discover
A CATALOGUE OF NEW DEVELOPMENTS IN BANGKOK FOR LIVING AND INVESTING
Luxury
KHUN by YOO
The condominium has 27 floors and includes 148 units. Price: ฿17.58 - 169M | $500,000 - 5M | €460, 000 - 4,6M Size: 48 - 294 SQM | 495-1076 SF All units are fully fitted. Status: 100% completed.
The two-building condominium has 37 floors and includes 1435 units. Price: ฿8.2 - 20M | $248,000 - 600,000 | €227, 000 - 550, 000 Size: 46 - 100 SQM | 495-1076 SF All units are fully furnished. Status: 100% completed.
The condominium has 33 floors and includes 940 units. Price: ฿3.8-8.7M | $121,000 - 265,000 | €111, 000 - 235, 000 Size: 32 - 65 SQM | 344 - 700 SF All units are fully furnished. Status: Under construction.
The condominium has 30 floors and includes 640 units. Price: ฿4.3 - 7.4M | $130,000 - 227,000 | €119, 000 - 208, 000 Size: 28 - 61 SQM | 301-656 SF All units are fully furnished. Status: 100% completed.
The condominium has 47 floors and includes 1178 units. Price: ฿5.19 - 5.35M | $157,000 - 160,000 | €144, 000 - 147, 000 Size: 35 SQM | 376 SF All units are fully furnished. Status: 100% completed.