Monday, February 9, 2009

Buy an Apartment in Bangkok with no Regrets by Johan Hedin

Buy an Apartment in Bangkok with no Regrets

When picking out the right apartment there are a few things that you should keep in mind. The location is a prime decider. You can buy a Condo in any part of the city and get a great view, but with an apartment you need to be more discerning. The view may not be as panoramic, but choose one that is at least pleasant enough for you to look at everyday that you will live there. Even if you are just going to use it as an investment you will need to make sure that the location is right. How else do you expect to rent it out and make some money for you? If you are going to live there, even if it is only for a short part of the year, you need to ensure that the location is conducive to your needs as well.

Is there a shopping complex that will cater to daily needs close by? You don't want to waste extra petrol every time you want to pick up a loaf of bread. Are there schools nearby? This one is particularly important if you have small children whom you will have to drop off to school each day. Is there adequate parking for the building residents? Are you going to be located close to the railway station or the airport? Do you need to be situated close to the airport or railway station? How do you intend to move about in the city? Driving is an option but will you be using your own car that will need to be parked in the building complex or will you be using a taxi that will go away after you have finished with it for the day? There are a lot of factors that you need to consider and we have not even begun to examine the building's features as yet.

The foundation of the structure must be sound and as you are no architect there is no way that you can verify the claims made by a building sales agent. What you can do is check up on the builders. Each apartment building is constructed by a different building and construction company. Some companies enjoy a better reputation in the local markets than others. Perhaps they are known to use better quality building material or have better designers? Maybe the locals trust the brand umbrella under which the construction company falls? The owners are known to be morally upright and full of integrity in their business dealings. There are many factors that you can consider. Just don't ignore the crack in the wall if you happen to notice one!

These are matters that you should be able to trust your real estate agent with and know that he or she will not rest till they get you the best possible deal for your money. If you can hand over the requirements and leave it to them to come up with relevant choices based on that list, it will simplify your investment process to a great extent.

About the Author

Johan Hedin is author of this article on Thailand real estate for sale . Find more information about Bangkok Real Estate Agent here.



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