FAQ: How Many Condos In Bangkok For Rent?

How many condos are there in Bangkok?

A total of 32,258 units were launched in 2H 2017, which is the highest new supply recorded in eight quarters; as a result, accumulated condominium stock in Bangkok surged to 538,920 units, increasing 6.4% HOH.

How much is rent in Bangkok?

Housing- Average Rents Apartments that more closely resemble the western comforts start at about 15,000 baht, or 462 dollars per month. If you truly want a luxurious apartment, you should also expect to pay approximately 30,000 baht, or 925 dollars per month.

How much does a condo in Bangkok cost?

An average one-bedroom condo with few amenities in Bangkok’s suburbs will generally cost about 1 million baht, or roughly $32,000, to 2.5 million baht, or roughly $80,000, Those numbers differ widely depending on how close the condo is to the city center and public transit.

Can you rent a condo in Thailand?

As long as it is not considered a business you are basically free to rent out your condo in Thailand. Note that when you rent out your apartment you are responsible for paying land and housing tax each year, and also note that rental income is subject to personal income tax under the Thailand Revenue Code.

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What is condo vs apartment?

The biggest difference between a condo vs. apartment is ownership. An apartment is defined as a residence that is rented, often as part of a larger residential building. A condo is similar in structure to an apartment — usually a unit within a larger residential building — but condos are owned instead of rented.

How many empty condos are there in Bangkok?

Bangkok has 100,000 empty apartments and could soon have more. Bangkok’s condominium market, once a favourite of Chinese investors, faces a bleak year as the novel coronavirus outbreak keeps buyers away.

What is good salary in Bangkok?

Average Salary in Bangkok, Thailand Average wages in Bangkok is pretty high compared to other areas of Thailand. Currently, the average wage in Bangkok is of 25,500 Thai Baht per month, or approximately 800 USD. Bangkok has some of the highest average salaries among ASEAN members capitals.

Is 80000 baht a good salary?

Yes, it’s a very good salary in Thailand, and you will live well on that sort of salary. You can also afford to go on holidays and indulge in hedonism quite a fair bit in cities like Bangkok. Bangkok, Phuket, and Pattaya are much more expensive than the rest of Thailand, unsurprisingly. 80,000 THB is a GREAT salary!

Is Bangkok expensive to live in?

Family of four estimated monthly costs are 2,177$ (72,526฿) without rent. A single person estimated monthly costs are 607$ (20,239฿) without rent. Bangkok is 49.80 % less expensive than New York (without rent).

Can I live in Thailand permanently?

Obtaining status as a Permanent Resident (PR) in Thailand has many advantages. It allows you to live permanently in Thailand, with no requirement to apply for an extension of stay. You will also be able to apply for an extension of stay and Permanent Resident status for your non-Thai family members.

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Is Bangkok Dangerous?

Tips for Staying Safe in Bangkok Thailand has some of the world’s most dangerous roads, and traffic fatalities are common. Be extremely cautious of drugs in Bangkok, as well as drink spiking in Thailand overall. Anyone—including tourists—caught possessing or using drugs in Bangkok faces harsh punishment.

How much money do you need to live comfortably in Bangkok?

So in total, the basic budget for living in Bangkok should be around 15,000 Baht ($455.85 USD) per month up. That being said it will be far from glamorous.

Can you negotiate rent in Bangkok?

Standard rental terms in Bangkok, tend to last between 6-12 Months. Obviously depending on your personal situation, you could negotiate on the basis of an 18 Months+ Rental Contract. This would give you enormous bargaining power, as the vast majority of Tenants are unable to guarantee rental terms above 1 Year.

How much are condos in Thailand?

In terms of new condos, the starting price for a one bedroom, 22 sq meter property is around 1 million Baht (45,000 THB per meter squared). This would be the price of a basic condo away from the BTS / public transport and built by a developer such as Lumpini.

Can foreigners rent in Thailand?

Although foreigners cannot legally own land, they are allowed to own buildings. Renting land and building a house is an increasingly popular option for foreigners. First, you lease a piece of land and register a “right of superficies.” Obtaining a right of superficies allows you to own a building on the rented land.

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