Is Bangkok an effective Spot to get Property?

I actually have existed in met office bangkok for a decade, and also the very last five-years I have got did the trick as an agent for Ideal Properties Real Estate Co. Ltd. In that time I have visit the actual final outcome that luxury condominium is probably not a good place to invest in real estate. Why?

As opposed to what one might anticipate from the semi created country, the room for rent in bangkok is really a secure and very low risk industry to purchase. This is certainly primarily as a result of traditions of Thai folks, and this a lot of properties in the marketplace usually are not the key home in the proprietor. Thais generally sit down on their home right up until they may get the cost they want for it. This may be for many years, for a long time, and also since a lot of attributes in the marketplace will not be the principal house from the owner they are in no dash to offer. Also, great pride performs a aspect.