The cost of a condominium in Thailand is largely dependent on the size of the unit and the location. For new condo units located at quite a distance from the BTS or the moan transport system, you can expect the starting price of a 22sqm condo with one bedroom at around one million Baht. That’s approximately 45,000 Baht per square meter. Meanwhile, a unit of the same size located near the main railway system at the city center can easily cost as much as 2.5 million Baht.
Outside Bangkok, more factors play an important role in determining the price of a condominium. Phuket for example, is a very popular tourist attraction which means real estate prices are also high. Premium locations in Phuket can go as high as the rates in the expensive real estate areas of Bangkok.
So before you know the cost of a condominium in Thailand, first you need to consider that the residential property in Bangkok comes in many different forms. Depending on your budget, you can get a studio room, or a multi-story unit with up to 5 bedrooms. Then there are the luxury properties available at Horizon Homes that you can also check out when you’re planning on investing in Koh Samui.