Are you interested in buying a condo or an apartment in Thailand but not sure where to start? See our blog to get our opinion about everything you need to know about finding an apartment for sale in Thailand.
What Are The Most Important Things To Consider?
These are the most important questions that you should answer when you're considering an apartment in Thailand:
- What is the monthly rent?
- How large is the unit?
- What furnishings are in the apartment?
- How much do water and electricity cost?
- Is there communal wi-fi in the apartment?
- Does the apartment offer views?
- What amenities does the building have?
- Where is it located?
If you have a spouse from Thailand, have a child who was born in Thailand, or are working in Thailand, you will be allowed to buy a house.
The Price Ranges Of Thailand's Apartments:
70-112 US Dollars Per Month (2,500 to 4,000 Thai Bahts):
Your apartment will probably have an attached bathroom, but it will be relatively small. The apartment might have a balcony. However, it may or may not have air conditioning, and you're not going to have a kitchen.
140-280 US Dollars Per Month (5,000 to 10,000 Thai Bahts):
You'll be able to get a nice one room apartment or a condo for this price. If you are paying closer to 280 dollars per month, the apartment will have a variety of amenities, such as a kitchen sink, a cabinet, and a table with chairs. It also will feature plenty of space. If the apartment is in a complex, there's a good chance that there will be an exercise room and pool on the premises.
310-560 Dollars Per Month (11,000 to 20,000 Thai Bahts):
You can expect to at least get a fancy studio in a nice part of town. However, you might be able to get a 1-2 bedroom apartment. There is probably going to be a pool in the building. If you are renting an apartment in Chiang Mai, you might even be able to rent an entire house! However, the condition, location, furnishings, and sizes of houses in this price range vary.
590-1000 Dollars Per Month (21,000 to 35,000 Thai Bahts):
An apartment in this price range is going to be quite luxurious. In fact, the rent for an apartment in this price range is more than the average Thai citizen's monthly salary. You can rent a large house for this price. The price of a high-end apartment in Bangkok tends to be up to 50% higher than a high-end apartment in Chiang Mai.
What Furnishings Can You Expect To Find In Thailand Houses For Sale And Apartments?
Apartments in Thailand are always furnished. You will always have a bed, a mirror, and a bathroom with a shower in an apartment or house for sale Thailand. In some of the more basic apartments, there's no divider between the shower and the rest of the bathroom. The shower water is heated with an electric water heater, but sinks in Thailand apartments usually only have cold water.
Some houses for sale in Thailand and apartments come with a sofa and television. Most higher-end apartments in Thailand also come with a microwave. If you live in a higher-end apartment complex, you can often find an exercise room that contains a significant amount of equipment.
How Much Can You Expect To Pay For Water And Electricity?
While the government sets the cost of electricity, your landlord will charge a higher rate. The government sets the cost of electricity at 5 bahts per unit, but most landlords charge 8 bahts per unit. It's very rare for a landlord to charge more than this. If you buy property for sale in Thailand or condos for sale in Thailand, you will pay the rate that the government sets.
You'll need to drink bottled water. Many apartment complexes have a drinking water delivery service, and this significantly lowers the cost of bottled water. It's also possible to get cheap water by filling up a jug of it at a water machine. These machines are available in Thailand's major cities, and water costs about 1 baht per liter.
The water bill for non-drinking water varies from one region to another. In total, you can expect to pay around 30 US dollars per month on electricity and water.
Will There Be Communal Wi-Fi?
Most apartments in Thailand have communal wi-fi. However, it tends to be extremely slow. Many people find that it is too slow to use. The internet tends to be a little bit faster in Chiang Mai than it is elsewhere, but it tends to slow down considerably during the evenings.
In most cases, you should get your own internet service. It's usually best to get a fiber-optic line. The best fiber-optic line is offered by a company called Sinet. Their fiber-optic internet service costs about 600 bahts a month, and it runs at 25/8 megabytes per second. Sinet offers a fiber-optic internet plan that runs at 100/40 megabytes per second. However, this plan will cost you 1,200 bahts per month. Unfortunately, not all apartment complexes let you have your own internet service.
How To Pick The Right Location:
Make sure that the apartment is in a safe neighborhood. In order to determine that an area is safe, it's important to visit the area at night. Here are some things to look for when you're determining if a neighborhood is safe or not:
- See if other expats are living in the area.
- Examine the condition of other buildings in the neighborhood.
- See if there are a lot of reports of crime in the area by reading local newspapers online.
Also, make sure that there won't be excessive noise. Make sure that there aren't any construction projects near the apartment. Not only will this create a lot of noise, but new building(s) could block views from the balcony.
In addition, see if there are restaurants close to the apartment. If there is no kitchen in your apartment, this will be extremely important. It's also important to make sure that restaurants in the area are affordably priced. Also, check to see if there is a supermarket near the apartment that you are considering.
Housing will be more expensive if it's located close to or on the main street. Apartments that are near public transportation routes tend to be more expensive than apartments that require a 15-20 minute walk. Also, areas, where expats tend to live, are often more expensive than other regions.
Also, you should always go out on the balcony of your apartment to see if there is a good view. Many apartments in Thailand feature beautiful views, and if you are a beach lover, this is especially likely to be true in Phuket. However, if your balcony faces west, it will expose you to the hot afternoon sun.