Zeman has power and knows how to use it: offer some of it to his allies and kick his enemies to the ground. He knows nothing else.
Benefits of Renting a Condo in Thailand
Shiny, new condominiums are an awesome opportunity. To get the best selection, renters should run to new developments in Thailand and beat the crowd.
Whether a prospective renter wants a new home base for a freelancing career, wants a retirement adventure or just wants to enjoy an exotic beach, Thailand has the right condos and is building more.
New Condo Construction
A condo is most like an apartment. Residents can own either. A condo is a single unit in a building. Depending whom you ask, a condo complex can mean a single building or a collection of buildings. Often, a security wall surrounds the complex, and the compound within offers green spaces, tennis courts and clubhouse among other things.
New construction is up in Thailand thanks to a thriving economy. The country exports automobiles, plastics and electronics to countries around the world. It's not just a tourist destination.
Recently, Areeya Property PLC announced that it would begin construction on 11 new residential projects this year. What's also interesting is Areeya has a backlog of unsold condominiums. That means buyers have an opportunity to get in while prices are low and selection is high without waiting on construction.
Thailand has several infrastructure projects in the works including railways. Housing construction is ahead of mass transit development in many areas. Chiang Maieven has another airport planned, according to Katharangsiporn. Buying a condo in one of these soon-to-be-modernized areas could be a lucrative investment and lead to great quality of life in Thailand.
With Thailand's economy on the raise and infrastructure projects set for completion in the coming years, now is a great time to rent some real estate. The country had 29.9 million tourists in 2015 and is expected to have 47.5 million in 2020, according to AFP.
Although many real estate developers are promoting properties in smaller cities, there are plenty of new condos in Bangkok.
Whzdom Essence Sukumvithas a high-rise building in Bangkok under construction, and many buyers already have reserved units. The complex is conveniently located downtown and is near a skytrain station. There also is easy access to two expressways and railways.
By reserving a condo during construction, buyers have more floor plans to choose from and can add upgrades to their new home. Costs for materials and labor will be lower now than after construction is complete. It also is much more convenient for homeowners to get everything done before moving into a unit. The condos at Whizdom Essence Sukhumvit will be digitally automated meaning owners can control appliances from their cellphones. Homeowners just need a robot to vacuum, and they're all set.
The global economy is trending toward outsourcing, contract work and freelancing. Health care plans are much more accessible nowadays, and individual retirement accounts can make it easier for individuals to escape the chains of the corporate world.
Thailand's visa policy is quite liberal. Visitors can stay for a year on an education visaby signing up for language classes. Chiang Mai is a popular spot for foreign freelancers. It's inexpensive and not as crowded as Bangkok. Rentals are easy to find and affordable.
Chiang Mai's old airport, which is one of Thailand's smaller facilities posted a 14 percent boost in passenger traffic for the first quarter of this year thanks to tourism and budget airlines.
Co-working spaces are catching on the in major cities across Thailand. Business owners can pay lower rent and have more flexible leasing contracts while only sacrificing prime locations. Hubba Co.recently opened spaces near mass transit and plans to have 50 by the end of the year, according to Katharangsiporn.
Ex-patriots are attracted to Thailand firstly for its low cost of living. Retirees can live comfortably in the country for about $1,500 a month. A retirement visa lasts a year. Individuals can renew without leaving the country. Qualifications are minimal: either income of at least $2,100 a month or $26,000 in a Thai bank account.
Unless ex-pats want to become Thai citizens, it's pretty easy to get around without learning the official language. There are millions of foreigners in Thai, and local businesses are accommodating.
Of course, the weather is great almost all year, and Thailand's location in Asia makes it a good international hub for retirees to explore other nearby countries.
Buying a retirement condo in Thailand may require some legal wrangling, but renting is easy and inexpensive.
For beach life enthusiasts, Phuket is a popular destination. The airport saw an increase in passenger traffic of 8 percent in the first quarter of this year, according to Kositchotethana.
Phuket is Thailand's largest island, and has an average, year-round temperature of 80 degrees Fahrenheit. There are plenty of beaches to choose from on the island for those looking for a condo rental. Rent can be as little as $500 a month.
The island recently placed eighth in the world on the Trip Advisor top Islands list for 2016. Based on reader reviews, there are 1,086 things to do on the island.
Outsmart the Tourists
As a Thailand resident, ex-pats have an opportunity to find, explore and photograph amazing but lesser known attractions of the country.
Residents looking for a break can go very far north of Bangkok and visit Chiang Mai. It's a nine-hour drive. The Chiang Mai jungle is a great place to meet elephants. Several companies offer trekking adventures in the area. Visitors can ride the elephants through the river or trek by foot through the jungle. Cycling on roads and dirt paths has really caught on in Chiang Mai.
Cycling through Sukhothai can be an excellent way to take in ancient ruins and temples. The city is a six-hour drive north of Bangkok. Not only will visitors see more on a bike than in a car, they also can tour with a guide. It's a much better experience than walking through a museum with an audio guide on your cellphone.
Visitors most likely will need a plane to get to Koh Tao, a small island and a prime location to go scuba diving. Visitors can book guided day trips underwater at more than 20 dive sites. The island has upgraded quite a bit in recent years with new resorts, but it's still not has crowded as many other tourist destinations in Thailand.
History buffs will want to explore Kanchanaburi. About a two-hour drive west of Bangkok, Kanchanaburi was the inspiration for the book and film “The Bridge on the River Kwai.” There are many outdoor adventures available including trekking, cycling, river rafting and kayaking. Guided tours also are popular.
You can easily use sites like DDProperty to find new launch condo listings in Thailand. Real estate sites have thousands of listings for new and older units. Visitors can check out photos of each property, see details of available features and find out about local attractions. Individual listing pages include contact information for the property's agent.
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