The city of Bangkok lies in the heart of the Thailand country. Bangkok is a hit among foreigners for its booming tourism industry. There are many interesting destinations in Bangkok like Chitralada, Royal Grand Palace, Erawan Shrine, Wat Pho, the Reclining Buddha, the Bangkok National Museum, the Bangkok University Art Gallery and many more.
Condo investment in Bangkok
A lot of foreigners invest in condo units because it is the only form of asset a foreigner can claim legal possession of. Buying or renting a condo unit in Bangkok is also assisted as there are a myriad of resources in the form of real estate consultants and property agents there to assist in making the process less tiresome. Nowadays, buying or leasing a condo unit has become really expedient. You can purchase property in Bangkok by consulting Bangkok real estate.
Foreign purchasers wanting to own condominiums in Thailand are permitted to buy freehold condominium units, but the building must not exceed 49% of the foreign ownership ratio of the condominium and the purchase must be in cash.
A condo owner can become part of an exclusive community of fellow owner with most condo developments having spas, gyms, saunas, swimming pools and last but not least a library.
Living in a condominium in Bangkok has many benefits. It is relatively affordable, less expensive and, safety is also somewhat guaranteed by the building security team.
For those people who are planning to stay for quite a while, Bangkok condos are readily available. In addition, the Condos for sale and for rent can be a good investment.