Krabi and its namesake center is a worthy competitor to such popular resorts as Phuket or Pattaya. Condominiums for sale in Krabi and villas are housing for foreigners. The most popular Krabi condos for sale are apartments in a residential complex managed by one company. They provide all the conditions for a comfortable life to use apartments in a residential complex in Thailand for seasonal holidays or moving to permanent residence, and as an investment.
Condos’ prices in Krabi
Apartments in the condominium in Krabi are more profitable than houses in Thailand. Prices start from 55,000 euros for a compact studio apartment and can reach over 300,000 euros for a spacious apartment with several bedrooms. The cost of a condominium in Krabi depends on several components, including:
total area;
number of rooms;
the degree of real estate modernity;
internal infrastructure;
proximity to the coast;
repair quality.
Buying condominiums in Krabi will be a profitable investment. Prices in the region are lower than in European resorts, and demand is high. Many foreign nationals are seeking to invest in real estate in Thailand not only to save money from inflation but also to receive passive income.
Condos for sale in Krabi
By law, foreigners can buy condominium in Krabi. However, at least 51% of the area of apartments in a condominium in Krabi must belong to local citizenship holders. Buying condominiums in Krabi does not give you a residence permit. For foreigners, the purchase of apartments in the condominium in Krabi is most profitable at the initial stage of sales. At this time, you can choose a layout apartment 20-30% cheaper than its cost after renting out the house and not think about possible restrictions. Foreigners can also buy real estate in ready-made residential complexes and invest in condominiums in Krabi, but its cost will be much higher.
Buy a condo in Krabi
There are several reasons why it is worth buying an apartment in the condominium in the Kingdom:
reliable and liquid investment, protection of money from inflation;
smooth capitalization of the value to receive income from the subsequent sale;
high profitability when renting out real estate.
Thailand-Real.Estate offers advertisements from developers and local real estate agencies. Among them, you can choose condos in Krabi for investment and permanent residence and other regions of the country. You can calculate the cost of housing in a condo in Krabi in any currency: the catalog shows prices in euros and dollars.
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