Bangkok Real Estate ... 
  Should I rent or buy an apartment in Bangkok, ?
Thailand Travel and Hotel Guide

Bangkok Real Estate Calculator

Finding a Home In Bangkok
If you plan to rent or buy a property in Bangkok, finding your property will be a major step in your relocation to Bangkok. If you have not lived in Bangkok, you should rent rather than buy your property in Bangkok, at least for six months. If you would like to rent or buy a real-estate property in Bangkok you may email us at webmaster@thailand-travel-guide.de with your real-estate questions.

It is the best way to know not only if Bangkok is the place you want to live or retire for the next few years, but also if Bangkok is suited for you.


Apartments & Houses in Bangkok
If you are planning on living in Bangkok, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don't count on real-estate agents in Bangkok to point out the negatives of a place they're trying to rent or sell you.

Bangkok Agencies
Real-estate agencies in Bangkok advertise in local Bangkok newspapers and as well on their office windows.

You should be able to notice a real estate agency in Bangkok by the window full of ads for the different apartments or houses they have available for rent or sell in Bangkok.

Before you begin working with an agency in Bangkok, check that their fees are acceptable and that they are a member of the Bangkok Real-estate Assocation. In most rental agreements in Bangkok most agencies charge a month's rent for a twelve-month rental agreement.

When selling a property in Bangkok, real-estate agents in Bangkok usually charge between 2.5% and 3% of the final sales price.
Monthly rent Bangkok:Baht
Monthly Bangkok rental insurance:Baht
Expected annual inflation rate in Bangkok:  %
Purchase price of property in Bangkok:Baht
Down payment amount:Baht
Length of Bangkok mortgage term (years):#
Bangkok Mortgage's annual interest rate:  %
Discount points on purchase of home in Bangkok:  %
Origination fees:  %
Other loan costs in Bangkok:Baht
Mortgage Insurance (PMI):  %
Bangkok Homeowner's insurance rate:  %
Monthly association dues in Bangkok:Baht
Average monthly maintenance of Bangkok property:Baht
Bangkok Annual property tax:Baht
Bangkok plus government income tax rate:  %
Interest rate you expect to earn on savings in Bangkok:  %
Expected percentage your Bangkok home will appreciate by each year:  %
Number of years you will stay in Bangkok:#
Bangkok Realtor commission rate:  %
Total estimated cost of renting a property in Bangkok:Baht
Total estimated cost of buying a property in Bangkok:Baht
After coming to an agreement on a rental or purchase, both parties in Bangkok sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Bangkok with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Bangkok will be affixed to the agreement.

Renting
Real estate agencies in Bangkok are the safest way if you want to rent or buy a property in Bangkok. Please make sure they are a licensed agent in Bangkok and very familiar with the Bangkok property market.

Local newspapers in Bangkok also advertise apartments and houses for rent, but word of mouth is the best way in Bangkok. If you are currently an academic in Bangkok, you could check local at local universities in Bangkok, where apartments or rooms for rent are commonly posted.

In general rental rates in Bangkok, increase by a small percentage each year in accordance with the government's annual cost of living reports in Bangkok. You can find yearly leases in Bangkok, and more short-term housing is available near academic institutes or around tourism areas within Bangkok.

Short-term tourist housing in Bangkok is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Bangkok.

If you want to buy a property in Bangkok, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Bangkok to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Bangkok.

If you are buying a brand new property, you'll need to pay property tax in Bangkok. If your purchase is a luxury property, you may have to pay local taxes in Bangkok and possible stamp duty.

Even as a non-resident homeowner in Bangkok, you may become liable for all kind of taxes in Bangkok, including income tax.

Bangkok Mortgages
If you plan to take a mortgage in Bangkok you need at least a 20% downpayment of the purchase price of the property in Bangkok. Even if you generate rental-income from renting your Bangkok property out, it is not considered by most lenders as you may decide to move in, at a later time.

The Bangkok Real Estate calculator will help you to compare the costs of renting a house or condo in Bangkok to the costs of buying a house or condo in Bangkok. Since there are all kinds of forces at work behind the scenes such as the current interest in Bangkok, Bangkok property taxes, tax savings, appreciation in general to investments in Bangkok, comparing the cost of renting to the cost of buying in Bangkok is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The Bangkok Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Bangkok.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in Bangkok

  • Bangkok Multi-Family
    Traditional, multi-family residential complexes located in Bangkok and suburban markets of Bangkok.


  • Bangkok Mixed-Use
    Properties in Bangkok that integrate and combine residential with different uses, including retail and office spaces.

  • Bangkok Office
    Traditional office or office type properties in Bangkok.


  • Bangkok Retail
    Properties in Bangkok with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Bangkok.


  • Bangkok Light Industrial
    Single- or multi-tenanted spaces in Bangkok used for warehouse, manufacturing, distribution, or research and development in Bangkok.

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