The current economic circumstances affecting worldwide property markets have also had an impact on Bangkok, resulting in slowing demand. New developments offering high-end condominiums in price ranges exceeding 250,000 THB / Sq.m (about 7,500 €) and featuring small unit sizes (35 Sq.m for a 1 bedroom, 55 Sq.m for a 2 bedrooms) have been particularly affected by this downward trend.
Considering the above, the resale property market has become a real opportunity with its large layouts & affordable prices. 3 or 4 bedroom second-hand condos featuring between 200 and 400 Sq.m are especially hard to find and very popular among expatriate family tenants.
Surprising as it may seem, it is still possible to find spacious apartments to renovate in downtown Bangkok for less than 100,000 THB / Sq.m (about 3,000 € / Sq.m). By purchasing one of these units, you would not only achieve a net yearly rental yield of around 5% but also a property capital appreciation of between 3 and 5% per year.
Property investment in Thailand is also attractive in terms of taxes: no property taxes and no inheritance tax for properties worth less than 100,000,000 THB (about 3M €). We have a wide range of such second-hand units in our property portfolio.
As the saying goes, "buy on the sound of cannons, sell on the sound of trumpets".
Contact us now to take advantage of our best offers!
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HIGH FLOOR CONDO WITH STUNNING CITY VIEWS
- High floor 72 Sq.m condo within easy reach of BTS Nana and MRT Petchaburi stations.
- 2 bedrooms, 2 bathrooms
- Living room / dining room / open kitchen.
- Superb unblocked view of the city.
- In the residence: a large swimming pool, a gym with sauna, parking and 24-hour security.
- Completion date: 2011
- Rental value: 45,000 THB / month
- Selling price: 8,900,000 THB (124,000 THB/Sq.m)
Unique opportunity to buy a high floor 2 bedroom condo
below 9M THB!
Price: 8,900,000 THB (Approx 270,000 Euros)
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PHROMPHONG: SPACIOUS 2 BEDROOM APARTMENT
WITH LARGE TERRACE
- Located in Phromphong, 1.5 km from the Phromphong BTS station.
- Entirely refurbished 164 Sq.m apartment featuring 2 bedrooms, 2 bathrooms, a terrace and a balcony.
- Separate extra room that could serve as maid's room.
- Sold fully furnished, with an equipped kitchen.
- The residence offers many amenities: swimming pool, gym, parking and 24/7 security.
- Completion date: 1994
- Rental value: 60,000 THB/month
- Selling price: 13,500,000 THB (83,000 THB/Sq.m)
This well-designed apartment with a spacious terrace is the type of units sought after by expats. Great value for money.
Price: 13,500,000 THB (Approx. 409,000 Euros)
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SPACIOUS 2 BEDROOM APARTMENT
CLOSE TO NANA BTS STATION
https://www.fivestars-thailand.com/en/sale/apartment-condo/bangkok/sukhumvit/nana-to-asoke/ABKK26925
- Conveniently located only 700m from the Nana BTS station, 1,3 Km from the Terminal 21 shopping mall and 1,5 km from Bumrungrad international Hospital.
- Corner unit with 135 Sq.m living space. Every room as well as the balcony offer beautiful city & park views.
- Modern residence with pool, gym, sauna, free shuttle service to the BTS station, parking and 24/7 security.
- Completion date: 2013
- Rental value: 70,000 THB / month after renovation
- Selling price: 14,500,000 THB (107,000 THB/Sq.m)
Convenient location, smart layout and park views, this condo
is well-suited for both residential and rental purposes.
Price: 14,500,000 THB (Approx. 440,000 Euros)
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SPACIOUS 4 BEDROOM APARTMENT IN THONGLOR
- Located between Thonglor and Ekamai, in the heart of the shopping district, with the Thonglor BTS station only 1,3 Km away.
- 232 m2 living space with 4 bedrooms, 4 bathrooms, a large living / dining area, a fully equipped kitchen and a balcony, with maid's room. - The residence offers: swimming pool, gym, basketball court, children's play area, sauna, parking and 24-hour security service.
- Completion date: 2005
- Rental value: 140,000 THB / month after renovation.
- Selling price: 25,000,000 THB (108,000 THB/Sq.m)
This property is one of the very few 4 bedroom units
available at this price in Thonglor.
Price: 25,000,000 THB (Approx. 758,000 Euros)
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4 BEDROOM APARTMENT WITH A LARGE TERRACE
IN EKAMAI
- Spacious apartment situated in a residential area, close to shopping malls and only 1.5 km from the Ekamai BTS station.
- 365 m² living space with four bedrooms, three bathrooms and a large living space with a living room and an open kitchen. Separate maid's quarter.
- Large 90 Sq.m terrace with unblocked views. Ideal for outdoor living and dining.
- Completion date: 1994
- Rental value: 150,000 THB / month after renovation
- Selling price: 29,800,000 THB (82,000 THB/Sq.m)
With its large rooms and spacious terrace, this apartment
will have an outstanding potential once it is renovated.
Price: 29,800,000 THB (Approx. 903,000 Euros)
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DUPLEX APARTMENT IN THE HEART OF PHROMPHONG
- Beautiful duplex apartment, only 1.5km from the Phromphong BTS station. The Racquet Club Sports Complex and Samithivej International Hospital are also within walking distance.
- This 446 Sq.m duplex has 3 bedrooms, 3 bathrooms, a spacious living/dining area and an open kitchen. It is sold fully furnished.
- The residence offers a swimming pool, a gym, parking and 24/7 security.
- Completion date: 1994
- Rental value: 120,000 THB / month
- Selling price: 33,000,000 THB (77,000 THB/Sq.m)
Unique apartment with 184 Sq.m of outdoor space surrounded by vegetation. An oasis in the heart of the city.
Price: 33,000,000 THB (Approx. 1,000,000 Euros)
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