29 Best Places To Invest In Real Estate In Thailand

29 Best Places To Invest In Real Estate In Thailand

If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me (advice@adamfayed.com) or use WhatsApp (+44-7393-450-837).

In general, there are better investments than direct real estate in Thailand, including in some international real estate markets.

However, this article will look at some of the better locations in the country.

Introduction

This article highlights the best places to invest in real estate in Thailand where you may purchase real estate.

When foreigners and expats search for abroad homes in Asia, Thailand is one of the most preferred nations. It’s also one of my top picks, drawing millions of visitors each year.

Thailand offers a variety of options, from the vibrant nightlife in Bangkok to the beautiful beaches in Phuket, including Chiang Mai, a cultural hub recognized by UNESCO.

Investing in Real Estate in Bangkok

Bangkok is a sought-after place for expats and native Thais alike to live and work, and it is debatably recognized as Thailand’s economic centre. As an expat hub, Bangkok is the best places to invest in real estate in Thailand.

The Chao Phraya River delta is where the capital city of Thailand is situated.

It offers prospects in the real estate market for investors and homeowners alike because of its projected population of more than 8 million. Purchasers from other countries, notably Chinese buyers, have been drawn to Bangkok’s remote working flexibility.

Thailand is strategically located, and Bangkok, the country’s capital, is clearly a business center that benefits from the growth of strong economic foundations. As a result, the value of its real estate is increasing rapidly.

Bangkok’s urban growth has been consistent, with first-rate housing complexes, cutting-edge road systems, and connections to major commercial and industrial hubs.

Property experts predict that demand will increase when the borders are fully opened since the city draws significant numbers of overseas purchasers from China and Singapore.

With an average rental return of 4-6%, Bangkok’s rental market is steady.

9 Best Places to Invest in Real Estate in Bangkok

1. Nana along Sukhumvit Road

Due in large part to the Skytrain (BTS) stations, Sukhumvit Road is the most well-liked district among foreign residents.

A strong expat population, high-end hotels, pubs, and restaurants can all be found along Sukhumvit Road, which many claims makes up the core of Bangkok’s city center.

In close proximity to Asoke, which houses the main station, is the BTS station and neighbourhood of Nana. The BTS and MRT are both conveniently accessible from here. Asoke, Bangkok’s most costly neighbourhood, has nearly identical real estate costs.

Foreigners are drawn to the region because it contains several condo complexes, retail centres, restaurants, and pubs.

2. Asoke along Sukhumvit Road

The main BTS station in Asoke, which is a business district, is located on Sukhumvit Road. You’ll see that the property is in great demand because it is a confluence point and has easy access to numerous facilities.

Bangkok is considered to be one of the worst cities for driving, thus in order to escape traffic jams, most individuals choose to buy or rent a property close to a BTS station.

One of the most expensive districts in the city, a one-bedroom apartment costs about USD 100,000.

3. Phrom Phong along Sukhumvit Road

The Phrom Phong neighbourhood is close to the Asoke BTS station and can be reached by foot.

There are several restaurants and retail centres in this area, including Emporium, which is well-liked by both tourists and residents.

The cost of a one-bedroom apartment in this area is between USD 80,000 and $100,000.

4. Thong Lo along Sukhumvit Road

Thong Lo is popular among expats, and there is a sizable Japanese population there. Prices here are comparably high because of the high occupancy rates and close proximity to the Thong Lo BTS station.

Condos with one bedroom are available for about $100,000 USD.

5. Ekkamai along Sukhumvit Road

Although farther distant, Ekkamai is still close to the previously stated sites. There is a BTS station of the same name in Ekkamai, where you can find a lot of condo developments and new buildings.

This region is home to a sizable expat population and many foreign visitors. A condo with one bedroom costs between USD 60,000 and 80,000.

6. Phra Khanong along Sukhumvit Road

Phra Khanong is a somewhat central yet outlying location. Asoke is accessible on foot, however, taking the BTS is recommended.

Many international purchasers are becoming more interested in Phra Khanong as the core neighbourhoods get more pricey.

You should not disregard Phra Khanong since the prices are cheaper than those at Asoke and Thong Lo.

7. On Nut along Sukhumvit Road

Near Phra Khanong in the city’s outskirts, On Nut station is surrounded by many recently built condo developments. Low vacancy rates translate into poorer returns as compared to more central places.

8. Sathorn

One of the largest business areas, Sathorn is home to skyscrapers, luxury residences, and office buildings. There are restaurants, nightclubs, jazz bars, and more in this lovely neighbourhood.

Sathorn is known for drawing a lot of foreigners and is home to several banks. The costs are exorbitant here.

9. The Riverside

This growing neighbourhood is outside, but if you want to live close to the city centre or BTS stations, it’s not exactly the place for you.

Price-wise, this area is more inexpensive than the city’s core.

Investing in Real Estate in Phuket

The “jewel of the Andaman Sea” is Phuket, a well-known tourism destination on a global scale. It is one of Thailand’s southern provinces. This area, which is on the largest island in Thailand, is well-known for its lovely beaches, idyllic way of life, and villas with stunning beach views.

Every year, millions of tourists visit Phuket, which is known for being enthralling.

The number of property investors or long-term residents continues to rise from the captivated visitors.

The demand for holiday rentals is steady and strong throughout the year in Phuket.

Phuket is seeing a rapid pace of development. For instance, a good road system maintains inhabitants’ access to other locations on the island.

Additionally, Phuket International Airport’s transportation capacity has been increased to accommodate a respectable number of people yearly.

6 Best Places to Invest in Real Estate in Phuket

1. Patong

Patong, sometimes referred to as the “Party Capital of Asia,” is well-known for its thriving nightlife and beaches. It’s one of Phuket’s top tourist spots, and the majority of its residents are foreigners.

The cost of a one-bedroom condo here is around THB 2,500,000. (USD 76,500).

2. Kata and Karon

The beaches of Kata and Karon are found in Phuket’s southwest. The popularity of these beaches among international visitors is enormous. There are many of luxurious resorts and residences in this area.

3. Mueang

The island’s southernmost region is home to Mueang, which serves as the country’s interim capital. This is where Phuket Town, a popular locale for expats, is situated.

One-bedroom condos go for about THB 2 million, which is a rather expensive price.

4. Thalang

Thalang is a large island with several freshly constructed residential buildings. Prices are quite high, mostly since it is home to the island’s principal airport and tourist attractions.

5. Bang Tao

With hundreds of luxurious resorts, villas, and condo developments, Bang Tao Beach is a well-known tourist attraction. The six-kilometer coastline has quickly grown, and real estate is in great demand.

6. Surin

Popular tourist attraction Surin is well-known for its upscale, opulent resorts.

Real estate prices are growing as a result of an expanding expat community and an increase in travelers.

The typical condo in the city costs 57,000 THB per square meter (USD 1,750). That costs less than half as much as an apartment in Bangkok.

Investing in Real Estate in Chiang Mai

Chiang Mai, sometimes known as the “rose of the north,” is a crucial component of Thailand’s economic development and is frequently referred to as the “cultural heart of Thailand.”

Chiang Mai is one of the most popular and best places to invest in real estate in Thailand.

It is the largest city in northern Thailand and the capital of the Chiang Mai Province. The city has a unique terrain with several mountains. Chiang Mai also has a lot of historic temples and traditional architecture.

Since Chiang Mai has had significant infrastructure investment over the past ten years, the city’s infrastructure is rapidly growing.

The real estate market in Chiang Mai has improved due to the interest from Chinese tourists. The setting offers a peaceful way of life.

2 Best Places to Invest in Real Estate in Chiang Mai

1. Near Nimmanhaemin road

Due to the popularity of this region among foreigners and expats, property values have increased. It’s a popular place to reside since there are many of restaurants, shopping centers, and other services there.

A one-bedroom apartment costs about THB 1 million (USD 30,000). In comparison to Bangkok’s core regions, prices in the city center are therefore more than half as costly.

2. Riverside

Chiang Mai is located next to the Ping River, and many of its neighborhoods are built along its banks. These locations have excellent vistas and are less busy and loud. Property costs a little bit more, as expected.

In the riverfront regions, a one-bedroom apartment may run you about THB 1,250,000. (USD 40,000).

Investing in Real Estate in Pattaya

Thailand’s resort city of Pattaya, which is located in the country’s east, is a highly popular place to go for leisure. As a resort city, it is one of the best places to invest in real estate in Thailand.

Pattaya, which is just two hours from Bangkok, has become a popular getaway destination for the city’s exhausted people. The Eastern Seaboard Industrial Estates are even reachable from this city.

In Pattaya, urban development is advancing quickly, and several forward-thinking projects are ongoing simultaneously.

The city offers a lot of opportunities for relaxation and amusement, making it a prospective tourist destination.

Residents no longer use it as a weekend retreat; rather, it is becoming into a welcome addition to Bangkok.

5 Best Places to Invest in Real Estate in Pattaya

1. Central Pattaya

The heart of the city, the primary commercial district, and the downtown are all located in Central Pattaya. Prices are rather high here.

2. Pratumnak

You should check into Pratumnak if you wish to escape the hectic city life. The prices are comparable to Central Pattaya.

3. Jomtien & Najomtien

The two main beaches in Pattaya are Jomtien and Najomtien. Here, there are a lot of recently constructed condominiums that were constructed to meet growing demand.

When compared to Central Pattaya, prices are a little less expensive.

4. Eastern Pattaya

In East Pattaya, you can discover largely villas and residences for less money than in other regions. Golf courses may be found in the region.

5. Baan Amphur & Bangsaray

As the city grows, isolated and peaceful regions like Baan Amphur and Bangsaray have turned become hubs for new construction. Here, you’ll find serene beaches and stunning scenery.

Investing in Real Estate in Koh Samui

Koh Samui is a well-liked tourist resort in Thailand because to its beaches and laid-back atmosphere. Koh Samui is an island, just like Phuket, and is situated on the East coast.

Samui is less busy since it can only be reached by plane or sea, whereas Phuket has a bridge connecting it to the mainland.

Although there are just about 65,000 people living there, the city welcomes more than 2.5 million visitors annually. After retiring, a lot of foreigners choose to settle here.

Property values on Koh Samui have fallen in recent years, mostly as a result of rising costs and the Thai baht’s depreciation.

However, home values are anticipated to increase due to an increase in visitors and investors.

Real estate in Koh Samui frequently takes the shape of opulent homes.

3 Best Places to Invest in Real Estate in Koh Samui

1. The North Eastern Parts

Due to its accessibility, this region is the most favoured among foreign residents and visitors. In comparison to other parts of Samui, prices are greater here.

2. The North Coast

Numerous new condo developments are planned for this region, which is rapidly growing. In comparison to the North Eastern region, prices are cheaper.

3. The West Coast

The least populated area on the island is here. The west coast offers more inexpensive costs, which is encouraging.

Investing in Real Estate in Hua Hin

Hua Hin, one of the eight districts of the province of Prachuap Khiri Khan in the northern Malay Peninsula, is home to the very historic Thai beach resort.

As a Thai beach resort, Hua Hin is one of the best places to invest in real estate in Thailand.

Bangkok may be reached from this location in slightly over three hours. After the Thai royal family constructed summer homes here, the area, which was formerly a fishing town, gradually evolved into a desirable destination for both locals and expatriates.

Hua Hin serves as a getaway for tourists from Bangkok who want to embrace a wonderful coastal lifestyle and get away from their everyday routines.

Due to the laid-back lifestyle it offers, it is a well-liked retirement resort. You may get condominiums, villas, and homes in this location at quite reasonable prices.

4 Best Places to Invest in Real Estate in Hua Hin

1. Hua Hin

More than 50,000 people live in Hua Hin town, making it the most populous place in the district.

Property values in this neighbourhood have significantly increased during the past several years.

2. Cha Am

Compared to Hua Hin, Cha Am is less populous yet closer to Bangkok. With several new developments underway and growing real estate costs, the neighbourhood is rapidly expanding.

Prices are still significantly lower than at Hua Hin, though.

3. Khao Takiab

One of the least congested and most cheap neighbourhoods in the district is Khao Takiab.

4. South West of town in the Soi 112

A less populated area of the Hua Hin district, Soi 112 is becoming more and more popular. The cost of real estate is still quite modest.

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Adam is an internationally recognised author on financial matters, with over 760.2 million answer views on Quora.com, a widely sold book on Amazon, and a contributor on Forbes.