The Krabi province and its eponymous administrative center are in southern Thailand. This destination, lacking large-scale advertising, is not popular with foreigners (unlike Pattaya or Phuket) interested in buying villas in Krabi for expats. Real estate in Thailand is ideal for vacations. For many, this is a chance to permanently relocate or make a house investment in Krabi, Thailand. Houses, villas and cottages in Krabi can provide a comfortable quality of life.
House prices in Krabi
The prices for villas in Krabi depend on the location. Houses for sale in Krabi, Thailand that overlook the sea are more expensive. Besides this, factors like the size, number of rooms, and nearby facilities can affect the price. Houses with an individual swimming pool, garden, and parking bays are offered at a higher price. The average prices are as follows:
from 305,000 euro for a 3-bedroom villa in Krabi;
from 550,000 euro for a 4-bedroom house.
Elite apartments in Thailand are more expensive and prices typically change. So, it is recommended to verify prices prior to purchase.
Investments in houses in Krabi
Houses in Krabi with prices in euros and dollars are in high demand. However, prices may fluctuate due to the ups and downs of exchange rates. Needless to say, there are a number of limitations for foreigners in the kingdom. According to the law, expats can buy villa in Krabi, Thailand but this is not true for the land under which the properties are. This does not influence the liquidity of investments as long-term rent of the land grants the same opportunities as full ownership. Moreover, you cannot obtain Thai citizenship when you buy Krabi home. It can only guarantee a simplified procedure when getting a residence permit. The kingdom’s investment programs have good returns. If you lease out a house with services provided by a managing company, passive income can account for 7%-8% annually. Taking into account a stable price growth for Thai real estate, investments in villas in Krabi by the sea can be advantageous in the long term.
Houses for sale in Krabi
Aggregator Thailand-Real.Estate displays villas in Krabi for investment and permanent residence, as well as in other destinations popular with foreign nationals like Bangkok, Pattaya, Samui and Phuket. The catalog publishes ads from construction companies in Thailand bearing verified information and realistic prices. The specialists from our company will kindly assist you with any questions regarding real estate in Thailand as well as purchasing a house in Krabi as a foreigner.
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