Tuesday, November 28, 2006

Bangkok Apartments Condo and Houses - Tips for Home Hunters

On the surface Bangkok is no different than any other major city in the world when it comes to property, and prices. The nearer you are to the action by way of business and tourisms districts, the higher the prices asked. There are also the so called ‘leafy’ outer suburbs that offer quite impressive but expensive housing. These estates are well maintained fortresses that function like mini self contained towns. Such places offer an alternative for those that prefer to live away from big city life.

Having said that, don’t take the above too literally, as one thing I’ve realised over the years is that greater Bangkok has an absolute abundance of places to live, and it’s not so much getting what you pay for here, but more akin to what you can be bothered spend time looking for.

This city has tiny studios from as little as 1,000 THB/Mo., that are not much more than shelters, right the way up to penthouses in the sky with private pools and butlers to boot, and just about everything else in between.

When most folk arrive in Thailand for the fist time they usually opt to live in the security of an apartment building. Apartments or condominium buildings usually have limited access with a security presence at the entrance plus an office with a site manager and small team of administrative staff to help with all your settling-in and living needs.

It’s just not possible to give averages on prices for this city as there really are hidden treasures at fantastic rents if only you can find them. I’ve stayed in a huge 3 bedroom apartment with en suite bathrooms in each room for 50,000 THB/Mo. but a few Sois (side roads) along, a friend of mine was paying 55,000 THB/Mo. for a tiny 60 SQM 1 bedroom serviced apartment.

I would guess that a lot of expat families that have been posted out here on working contracts probably have a company housing allowance of between 45-70,000 THB/Mo. and ‘savvy landlords’ will price their accommodation accordingly, but there are so many deals out there should you bypass the normal channels of searching.

If you need to settle in quickly, and money is not the issue, I strongly recommend using the services of a reputable agency to take the frustration out of home hunting. If you have time to ponder and can cope with the upheaval of moving a couple of times before settling in permanently, then I would suggest moving into an apartment building that doesn’t require you to lock into a long contract (month to month is ideal) and then take your time to look around and see what’s available.

Often word by mouth is a good place to start and you could begin by getting to know a few local expats then invite yourself around to their homes if their place of residence sounds interesting to you.

Accommodation – Houses

Some long-term foreigners prefer to move from apartments and condos into a house with a garden, which gives them more space, privacy and a sense of belonging.

Most of the houses in greater Bangkok will be privately let, and once again these prices can fluctuate enormously. It’s a lot more difficult to find an ideal house than an idyllic apartment and a Thai friend, a colleague, or an agent, is definitely recommended in assisting you with your search here. There’s also a Thai language weekly magazine that is cram packed with accommodation which is both privately and commercially managed.

If you know you will be in Bangkok a long time and prefer more space and privacy than is offered from an apartment, then a house is perhaps a better choice. Some people just like to have their feet planted firmly on the ground. However, with a house you will probably need live-in staff, as houses are more prone to security issues.