Bangkok: Real Estate for Tourists

Bangkok is an expansive metropolis with an ever rising number of people. Along with this rise also comes a rapid increase of property developments in the city’s major districts. Thailand is a great tourist destination. This is the reason why many foreign investors and multinational companies invest their properties in this sprawling city. Investors find it very beneficial to devote their business here because of the worthwhile return of investment. Other than businessmen many foreigners choose to live and settle here and make the most of their life because the cost of living is inexpensive and buying a place to stay permanently is easy and affordable. With cheaper prices per square meter, you might want to invest on real estate here.

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Which is Better; Rent or Buy Property in Bangkok?

Whether single or married, one of the highest expenses is accommodations. About thirty percent of your monthly income goes to accommodation expenses (housing); roughly the to rent or buy property in Bangkok. You could opt for a housing loan, which you will pay back for a period of time. As of now, the supply for unoccupied property is very high, so chances are prices are low,  whether choosing to rent or buy property in Bangkok. Continue reading
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