Bangkok Condos

Purchasing a condo in Bangkok is the most popular option among foreigners who have no other legal means to own land. According to Thai law, foreigners can own units in a condominium development, however there is a quota. No more than 49 per cent of a building’s units can be owned by foreigners. Condos are an affordable and realistic option for foreigners wishing to buy property in Bangkok. Prices range depending on the area and quality of the development.

Many luxury or well managed condos are attracting a high number of foreigners. The most popular areas are Sukhumvit, Lumpini and Silom. There is a clear trend emerging where new well located, well designed buildings are capturing more of the market share. Even though the unit sizes are smaller they are achieving a higher price per square meter than older developments. This is in part due to better and more efficient design of the new developments.