Thailand attracts millions of tourists and investors every year. It combines modern cities, tropical islands with numerous beaches. Therefore, the country is actively developing the real estate market, especially the segment of new construction projects in Thailand.
Advantages of Buying Real Estate in Thailand from Developer
The undoubted advantage of Thailand is the climate, nature and long coastline, due to which the country has become a popular destination. However, there are other advantages:
- Modern construction standards. New residential complexes in Thailand are built using modern technologies and meet high quality standards.
- Guarantee of legal purity. When buying real estate from a developer in Thailand, you are freed from possible complications with the history of the property or its legal status.
- Profitable investments. New buildings in promising areas are growing in price, which makes them attractive for investment.
- Flexible payment terms. Many Thai developers offer convenient installment plans during the construction phase.
- Wide range of options. You can choose an apartment or house of any size and layout that meets a wide variety of needs.
The Cost of Housing in New Buildings in Thailand
The cost of housing in new buildings varies depending on the region, class of housing and infrastructure. On average:
- Studios (30-40 m²): from $1,500 to $2,500 per m².
- One-bedroom apartments (40-60 m²): from $2,000 to $3,500 per m².
- Luxury apartments: from $4,000 per m² and up.
The cost of properties for sale in completed development projects in Thailand also depends on the location: in resort areas, the price may be higher due to high demand from foreigners.
In the local real estate market, you can often find intermediaries who include a commission in the cost of properties. Third-party assistance is useful in the secondary market, but for those who want to buy housing from a developer in Thailand, it is better to work directly with the developer, which will reduce costs by eliminating intermediaries.
Popular Areas of Thailand for Purchasing Housing in a New Building
- Bangkok. The country's capital is a business and cultural center with a huge selection of new buildings. In Bangkok, it is easy to find both budget housing and luxury apartments with views of the city's skyscrapers.
- Pattaya. A resort city with a well-developed infrastructure. Real estate from the developer in Pattaya is especially popular among foreigners, due to its affordable price and proximity to the sea.
- Phuket. One of the most prestigious resorts in Thailand. Luxury real estate projects are actively developing here, ideal for investment.
- Chiang Mai. The cultural center of Thailand, which attracts with its cozy atmosphere. Affordable options for family living are offered here.
- Samui. An island with stunning nature, where modern residential complexes are being built in Thailand, ideal for recreation and renting out.
