Where Can I Find Listings of Real Estate in Bangkok, Thailand
Bangkok is located in the central region of the country along the Chao Phraya River, and serves as the capital and largest city of Thailand.
As the political, and economic heart of Thailand, Bangkok is known as a city that blends temples with modern skyscrapers
Plus as a main tourism destination, and multinational corporations, foreign embassies, and retail outlets Bangkok attracts both local and international property investors, as well as high-net-worth buyers looking for luxury real estate for personal use only.
Buying cheap luxury real estate listings in Bangkok, Thailand is a matter of perspective on what the purchaser or investor perceives as 'cheap'. The desired objective though can be possible with the right strategy.
"Cheap real estate" in luxury market doesn't always mean a low price, as a 'luxury property' that is undervalued for the current real estate market place status can be seen as being cheap.
A $1M home might be "cheap" compared to others at $2M that are located in Bangkok, Thailand, but the price difference for what seems to be very similar properties could be for a wide range of reasons.
If the luxury property has become distressed or foreclosed they are often sold below market value and at time through auctions. Or it could be the seller, for personal reasons like a job relocation has special reasons for letting the property be sold at a very low rate.
You may ask where can I find listings of real estate in Bangkok, Thailand, and in established or emerging luxury markets or area, luxury properties could be listed as undervalued in relation to future expectations, especially for areas such as growing neighborhoods in cities that are becoming popular, like those with infrastructure improvements or tourism growth.
Luxury buyers often have leverage as they have the financial means to purchase, especially in slow markets where borrowing from a bank is harder.
Properties bought below market value in luxury areas often see strong appreciation when the market recovers or the area gentrifies.
