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What is the quality of real estate in Thailand?
What is the quality of real estate in Thailand?
Most Thai properties are finely decorated, equipped with wooden floors, toilets, cabinets, air conditioners, wardrobes, sofas, dining tables, writing desks and beds. Compared with China, spending one or two million to buy a house usually costs 20-30% of the house price to decorate. Buying Thai real estate is equivalent to another 20-30 discount.
Some property buyers lamented that spending 200,000 to 300,000 yuan in China may not be able to decorate the house, but adding 100,000 yuan in Bangkok will lead to a finely decorated home. What's more, there is no swimming pool, and there are incomparable supporting facilities in China. Property buyers in Shanghai said that the price of a parking space at home can be bought in Bangkok: a luxury house comparable to a five-star resort hotel.
In Thailand, foreigners can't buy land and villas, they can only buy apartments. In a community, they can buy up to 49% units.
So there is a strange phenomenon in Bangkok. High-rise apartments are more expensive than luxury villas, maybe twice as expensive. After all, the income of local people is limited.
The average price of local apartments in Bangkok is close to 1.9 million RMB/square meter. Near the light rail and subway, the lowest starting price is 1 10,000 yuan, and some popular areas are generally around 30,000 yuan.
If you invest in a house in Thailand, the rate of return is not mentioned for the time being. In Thailand, buying a house is always better than renting a house, which brings you peace of mind no matter from investment or self-occupation. Similarly, the quality of living is much higher than renting a house. If you think renting a house is better and more secure than buying a house, then there is no need for local people living in Thailand to think that condo is expensive.
People living in Thailand often have to rent a house. People who say that renting a house is happy are just comforting themselves and deceiving themselves. Everyone will have a home in their hearts. With their own home, they don't have to worry about transferring the rent to the landlord's card at the end of each month.
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