If you are thinking of making a real estate investment in Bangkok, you might be wondering which part of the city is best to invest in. As a real estate investor, you need to buy somewhere where you can maximize your returns through rental yields and capital appreciation. After all, where you buy will determine the desirability, demand and value of the property. Below, we have selected the best promising locations in Bangkok that are suitable for real estate investment.
1. Charoen Nakorn bangkok
Charoen Nakhorn is one of the liveliest places in Bangkok today. It is fast becoming a lifestyle hub, with a plethora of trendy cafes, superb restaurants and five-star hotels. The super glamorous mall, IconSiam, is also located in the area. Moreover, it is becoming more and more complete with BTS Krung Thonburi (Green Line) and Charoen Nakorn (Gold Line) nearby. Luxury condominiums in Charoen Nakorn are constantly in high demand. You can find modern condos with a breathtaking view of the river, such as the condos at The River by Raimon Landwhich are on sale from 7,690,000 B.
Located north of the main BTS Sukhumvit line in Bangkok, Ari is a mix of upscale residential neighborhoods and hipster hangouts. The once quiet neighborhood has grown rapidly in recent years. Today it is home to an incredible art gallery, photogenic cafes, excellent restaurants, fitness centers and open green spaces. Additionally, new condominium developments have sprung up in the area. And being a popular area among middle-class Thais and expats, the condos in Ari are always in demand. Thus, making it an excellent investment opportunity.
Savvi Phahol 2 is a brand new low-rise building located just 400 meters from BTS Ari. Based on recent transaction data, current market status, neighborhood details and unique details of this property, Savvi Phahol 2 sells below market price compared to similar condos.
3. Yen Akat
Yen Akat is one of the hottest neighborhoods in Bangkok right now. Yet it still maintains a calm atmosphere. The area is popular for being the preferred accommodation for French expats, as well as those who love French culture. Yen Akat is an ideal place to live for those who wish to enjoy the tranquility of a peaceful neighborhood while remaining within walking distance of the hustle and bustle of Bangkok.
Yenakart Lofts is one of the most popular condominiums in the area. Because unit sizes are larger than normal for modern buildings, there has been considerable demand for this property in recent years. Also the quality is good for the price and is well maintained. This is a fabulous condominium located close to all amenities such as Central Plaza Rama 3, Tesco Lotus Rama 3, The Up Rama 3, Nang Linchi Market, NSIS International School, Saint Louis Hospital and BNH Hospital. Moreover, it offers the most convenient transportation adjacent to the highway with easy access to all destinations.
If you want to buy a property in one of Bangkok’s most renowned and desirable areas, Asoke should be on your list! Asoke is part of Bangkok’s CBD and thrives as a transit hub. It includes the BTS/MRT transit interchange, which boosts foot traffic and retail opportunities. Asoke is home to the regional headquarters of many international companies due to its advantageous position. There are many restaurants and cafes to choose from! Despite being one of Bangkok’s most developed areas, Asoke continues to evolve with mixed-use buildings like The ESSE Singha Complex. You can also check out what you get for 200,000 USD and less in central Bangkok near the MRT.
5. Rama 4
Stretching roughly from Rama 4 Junction to Witthayu Junction, Rama 4 is often referred to as the “Next Sukhumvit”. In the past, Rama 4 was only considered a busy road. However, today it has become a booming neighborhood and is seen as Bangkok’s next big hub. The area has everything from great restaurants to shopping malls. It is also served by MRT Lumpini, Khlong Toei and Queen Sirikit National Convention Center stations. With superb amenities and easy access to the central business districts of Asoke and Silom/Sathorn, Rama 4 is considered attractive to developers and investors.
So, do any of these areas catch your eye? If you need more advice or want to browse the best condos for sale in Bangkok, head over to Thaiger Property for more information on investments.