Hunt for The Best Long-Term Accommodation in Bangkok

July 03, 2019 Thailand

Overseas or not, a real estate investor must identify the hottest spot before purchasing a property.

For example, Bangkok. Thailand’s capital is known for the enchanting temples, shrines and authentic dishes. On the other hand, Bangkok is also a popular place for expats. Which means, the city is sprouting with long-term accommodation for expats and foreigners.

Given that there are many expatriates in the city, investors can look forward to a higher rental yield. But before that, take a closer look on where do the group of expats usually live and stay in Bangkok. This is to ensure that the accommodation: be it apartment, condominium or serviced apartment will not be vacant.

Long-term accommodation for Bangkok expats and foreigners.

Popular expat neighbourhoods in Bangkok

Of course, expats do flock in certain locations. Either it’s in the swankier laid-back areas or the budget-friendly hoods.

Thonglor

Restaurants, speakeasies and designer shops are everywhere. The neighbourhood is one of the trendiest areas in the city.

Phrom Phong

Cafes, shops and art galleries make Phrom Phong a lively neighbourhood. In fact, the area is popular among expatriates, especially the group of Japanese and Koreans.

Asoke

Shopping malls, upscale restaurants, fitness studios, offices and mass transits define Asoke. The neighbourhood is one busy place; however, working expats do choose this area.

Long-term accommodation for Bangkok expats and foreigners.

Types of Bangkok property

Now that all is clear on where to hunt, what about the types of accommodation? Here are the possible properties to invest and to rent out in Bangkok, Thailand.

Condominium

There are many freehold condominium projects in Bangkok. Property buyers often stay in the condo, but there are those who list it for rent upon move in.

Expatriates do consider condominium because it is already furnished and facilities are available to use. Not to mention, Bangkok condos are grand and spacious.

Moreover, expats favour renting out condos since the owner and the tenant can set a deal accordingly. This can work in case the lease is flexible and applicable for long-term stay.

Apartment

Units are a bit smaller and more affordable than condos. But this type of property sells. Usually, expats consider the apartment type because of the price given that it is within the city centre.

Serviced Apartment

Concierge, house cleaning, laundry service and spa are the highlights of a serviced apartment. This type of Bangkok property often attracts long-term tenants who want to live comfortably. Despite of the given monthly rent, there are those who will still book the upscale unit and stay longer.

Are you ready to invest? Find the list of condos, apartments and serviced apartments on Yazhou Property.

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