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Must invest: exceptional locations of Thailand for real estate purchase

Thailand welcomes foreigners with a warm climate, proximity to the sea, and well-developed infrastructure. Today it is a premium class resort that offers not only comfort and pleasant atmosphere but reasonably priced real estate. Property on the front line in Thailand is highly valued by foreign investors providing multiple benefits and good business opportunities. What are the best locations for real estate purchase and what useful tips it is advisable to know before the deal? Let`s find out in this article.
Beneficial regions for real estate purchase in Thailand

The main characteristic of real estate with high investment return is convenient location. For this reason, we have highlighted the following most suitable Thai regions for real estate purchase irrespective of its purpose.

Bangkok
Pattaya
Hua Hin
Phuket.

Let`s have a closer look at each of these destinations

Bangkok as a capital of luxurious real estate

The capital of Thailand is known as a growing city with vibrant and dynamic day and nightlife. It is a business center with multiple residential housing options. The cost of 1 square meter is about $10,000, respectively, the cost of an apartment, for example, 50 square meters would be $500,000.

Affordable housing in Pattaya

Pattaya is a resort that focuses on developing complexes and apartments. The number of high-rise construction in the region amazes and definitely exceeds demand. It is possible to invest in primary real estate as well as the one from the secondary market. In Pattaya, in principle, real estate prices are the lowest compared to other regions, a small studio can be purchased for $30,000, a house for $100,000.

Properties in Pattaya are suitable for relocation and permanent stay mostly as it boasts of the proximity to the necessary infrastructure.

The safest city of Hua Hin

Hua Hin is a home to the current royal residence. Therefore, absolute safety is provided everywhere in the region. Due to the construction boom, the resort provides a wide selection of all types of residential estate. Buyers can enjoy condos, apartments, villas and houses on the first line of the sea. The cost of apartments starts at $80,000. Villa on the first line of the city beach will cost about $1,000,000, and outside the city, away from the beach, you can buy a house for $250,000.

Phuket as an island for family living

Located on the Andaman Sea, Phuket attracts foreign investors with its pristine nature, calm waters and white sandy beaches. The island offers everything you can just imagine in terms of entertainment and necessities for life. After all, it has its own airport and everything you need for permanent residence. True, the prices bite. The average price of one square meter is about $3500. As a result, a one-bedroom apartment will cost the buyer $160,000 to $175,000. Premium housing starts from $500 000.

Tips worth attention before making the transaction

If you have already chosen the desired region in Thailand, you need to be aware of some useful recommendations. Make sure you have looked through these pieces of advice before making a transaction.

Developers in Thailand care a lot about their reputation. As a rule, they prepare the entire necessary documentation beforehand and have no difficulties with showing them to a buyer. If a developer does not provide some of the required documents, this is not the company you need to work with.
It is advisable to contact the certified translator and have the executed Sales and Purchase Agreement in your native language.
In Thailand, there are practically no unfinished construction projects: if the developer goes bankrupt and leaves the construction, it will be completed by another company.

The bottom line

Thailand attracts foreign investors by various factors. A stable economy, a stable state, a high standard of living among Asian countries, developed infrastructure, good ecology by the sea - this is an incomplete list of advantages.

The purchase of real estate abroad has its peculiar features and special conditions. However, they do not make the deal impossible or less profitable. Monitor the website Thailand-Real.Estate for the suitable housing options in different destinations of the kingdom. The premium quality accommodation from reliable developers is available for sale at reasonable prices.