Is Bangkok a great Position to purchase Real-estate?

I actually have lived in bangkok service apartment for ten years, as well as the very last five years I have got did the trick as a real estate agent for Ideal Houses Real-estate Co. Ltd. In that time I have go to the final outcome that luxury residential is probably not a good place to purchase real-estate. Why?

As opposed to what a single might anticipate from the semi created nation, the bangkok serviced apartment can be a stable and reduced threat industry to buy. This really is mainly due to the tradition of Thai individuals, and this many qualities on the market are certainly not the key property of your manager. Thais normally sit down on their property right up until they could get the price that they want for this. This could be for a long time, for a long time, and because plenty of attributes out there are not the main residence of your owner these are in no speed to sell. Also, pride performs a component.