4 Facts To Know When Buying Property In Thailand

Thailand is one of the best countries in the world. Vacation, beaches, culture, parties, life, spirituality, and so much more. The saying goes, “whatever happens in Thailand stays in Thailand”. This is because Thailand is the direct equivalent of Las Vegas.

To be more specific, Bangkok. There are many more places in Thailand that are a lot more laid back and lower in energy if you’re looking for something like that. We’ve always talked about going to Thailand and Bangkok for a wild night of fun and frolic.

But going there to a place for a vacation is one thing and living there is another thing. A lot of consideration and determinants go into something when it comes to living in a place. A vacation can turn sour if you stay for too long sometimes.

Making a house in a business is only sustainable if it turns into a home. A place where you can feel safe, secure and can thrive. This is an important thing to consider. Let’s say you’ve considered all of these factors; there need to be other determinants such as the place, environment and workplace culture.

Visit Conradproperties.Asia to know more about properties in Asia. They have amazing deals on luxury and medium-priced properties that are ready for occupancy. This article will talk about the various things that you need to know about Thailand before buying a property there. With that being said, without any further ado, let’s get in!

Thailand

With breathtaking beaches, clear blue waters, and exotic food, Thailand is a tropical Asian paradise praised by many, located in the Indochina Peninsula. This country has an old culture dating back to 40 thousand years ago and neighbours like Myanmar, Malaysia, Laos and the adamancy.

If you’re planning on taking a trip here or living there, which we highly suggest, you do make sure you pack a bathing suit, your favourite SPF and a high-quality camera to catch every detail you see there but also be very careful. We’ll get into that a little bit later.

An extended holiday in this place might be what you need to recharge your batteries. But let’s cut the small talk, shall we? Thailand’s old name was young, and that’s where Siamese cats come from. Back in the day, Thailand used to be known as Seon by many, which means dark in old Sanskrit.

One of the theories is that the Chinese used to call the region Xian, which later transformed into Seon by the Portuguese. The name is no longer in use but can be found in many old books and references. Thailand is also the country where the Siamese cats originated from.

At first, there used to be twenty-three types of Siamese cats, with only six left. Nowadays, giving a pair of Siamese cats to a bride on her wedding day is considered good luck in Thailand, so make sure to remember that if you ever happen to attend a Thai wedding.

Population Density

One in ten people lives in Bangkok. Thailand is a developing country that has one of the fastest-growing economies in Asia. With an increase in the population of over 68 million people, you can imagine how crowded the cities must be and how suffocated the streets are with humans, cars and motorcycles. Bangkok is the country’s capital and is home to more than a tenth of the population, with over eight million people.

This makes it one of the most crowded places globally with tourists coming to visit from all over the world, and why wouldn’t they? Here, the energy is one-of-a-kind, and the experience is unique, especially for people coming from the West.

Cost Of Living In Thailand

One of the most frequent and prominent determinants that people should consider before they move into Thailand is the cost of living. This cost of living is an average estimate of other things such as rent, food, maintenance, healthcare etc. Only if you can afford the cost of living in Thailand will you sustain and thrive there.

With that being said, let’s start with the first determinant, which is rent. The starting rent level in Thailand is 6000 Baht and can soar up to 150000 and even 300000 Baht a month. Based on your preferences and livelihood, you need to consider your options.

One of the known 1BHKs fully furnished houses in Thailand is given for rent with 16000 Baht. The average electricity expense for a 1BHK house is usually 1000 to 1500 Baht. This increases by a few hundred Baht with an increase in the number of rooms.

Water expenses are typically included in the rent amount itself, but you might have to spend more accordingly depending on the house. Internet charges are also included with the rent and are usually Fibernet, with speeds going towards 100 Mbps.

Some apartments don’t offer internet along with the rent, but it is easy to afford. Coming to the food, if you are a non-vegetarian, Thai food is essentially a good cuisine. If you’re a vegetarian, though, you will have to end up ordering ingredients in various culture shops mostly.

Other Expenses

Transportation is also easy to avail of in Thailand as they have apps such as Ola and Uber to get you from one place to another. If you do not wish to spend a lot on private transportation, we suggest you take the BTS or Skytrain, the Thailand subway or train service.

They are cheap to use and fast to commute. Shopping and entertainment expenses are completely up to you and according to your preference.

Moreover, Thailand has a lot of options for entertainment that suit people from luxury to small budget enjoyers. Keeping that in mind, you can make a move to Thailand in the near future.