If you are thinking of buying a condo in Bangkok, you couldn’t really pick a better time. Thailand is growing in popularity as a destination for visitors and expats to flock to from around the world. It has a strong and vibrant economy, particularly in terms of real estate, and that doesn’t look likely to change any time soon.
Beyond the economics of investing, Bangkok is known as the ‘City of Angels’, the ‘Venice of the East’ and the gateway to Asia for a reason. It is a truly incomparable city that has everything to offer, so buying a condo here is a no-brainer.
That being said, it is essential that you do your research and find the right condo for you. Bangkok has some of the best condos to be found anywhere in the world, so don’t settle for less. Here we will explain why it is important to select the best, and what can happen if you don’t.
Why is it important to check out different Bangkok condos?
It can be easy to get swept up in the excitement of looking at condos in Bangkok for sale and buy the first one that you see. Condos are a sound investment, more affordable than many other types of property and often come with all kinds of amenities and benefits. However, you shouldn’t jump in without looking first.
There are a number of factors you should consider when considering buying or renting a condo in Bangkok.
Location, location, location
It really cannot be said enough. Location is at the absolute heart of the real estate and is often the most important factor you should consider with any property. It doesn’t matter if you love a particular condo if the area is not right.
Bangkok has so many different areas that all boast different pros and cons. You might prefer a livelier area with plenty of nightlife to keep you entertained, while another condo buyer may prefer somewhere quieter and more relaxed.
You should always take a look at the area your condo is in, how easy it is to get there, and where it is within the area before you buy.
Size/ floor plan
Size really does matter when it comes to condos, though not always in the way you think. There is no point in buying a condo that boasts an impressive square foot size if its layout reduces the usable space by half. Likewise, a smaller but cleverly laid out condo at a reduced cost would suit you much better.
Price
While so many other factors are critical when looking at condos in Bangkok for sale, price is clearly one of the sticking points for most people. There can be a huge variance in price based on the size of your condo, where it is, what amenities are included and so on.
You should remember that what you see isn’t always what you get. If you opt to look at condos for rent or sale from a less reputable company, you may be stuck with all kinds of hidden fees and costs. Everything from taxes, utility fees and maintenance fees should be considered when buying a condo.
Amenities
The amenities that come with condos for rent or sale can be one of the biggest draws. They can also be one of the biggest unnecessary costs if you aren’t going to use them. Swimming pools, gyms, tennis courts and so much more can all be yours, but there is always a price tag attached.
Make sure that you know what you are getting into, and don’t pay the extra fees and maintenance for a pool if you know you will never want to use it.
Appliances and equipment
The selection of appliances and equipment should be taken into account. If you are moving in only to have to replace everything in your condo then you should definitely know that before you commit. Newer appliances are of course a bonus, but everything should at least be in top condition and in full working order.
Your view and exposure
What you can see from your windows or balcony, and indeed which way they face, can positively or negatively impact your life. Natural light can elevate your mood and reduce your energy bills so should be sought where possible. The right view can add to your happiness and make it more likely for you to rent a condo in Bangkok, while the wrong one can have the opposite effect.
Your condo’s age
If you are looking at buying a condo, the age should be carefully considered. Many people would prefer to get a brand-new condo for several reasons. You know that everything is new and clean, you don’t have to worry about who might have lived here before, and you can even style it to your specifications.
If it is older, that doesn’t have to be a deal breaker, but it is important to know. The previous owner may have had cats that you are allergic to or a similar issue that you should be aware of before moving in.
Plans for the neighbourhood
Bangkok is a city that is forever changing, so you should make sure that the area you are looking at moving into won’t change too much anytime soon. There may be good changes on the horizon that could increase your property value. There could also be a lot of noisy construction so it is best to be prepared.
Energy efficiency
Energy efficiency is becoming more of a concern worldwide, so when looking at condos for sale in Bangkok this should be on your list. Newer condos will have better energy efficiency standards and could save you money in the long run on your bills.
Final thoughts
Bearing all of that in mind and more, you can see why it is so important to check out different condos in Bangkok and focus on what matters most to you. With so many incredible options to choose from in this fantastic city, there is no reason to settle for less.
If you are thinking of buying or renting a condo in Bangkok today, we can help you find the perfect one to suit all your needs. No settling. No exceptions. Just your perfect dream condo in the place you want to be.
Please click here to find a handpicked selection of Bangkok condos for sale so you can begin comparing prices and layouts right away.
Alternatively, if you are looking to rent Bangkok condos, click here to find a list of options with very competitive prices.
