A few years ago I was thinking of getting a condo in BKK as a semi-investment/speculation/vacation spot. Now things are just not that well priced anymore. The cheap prices listed are usually for some 20sq meter shoebox and everything that has a decent size in the building costs quite a bit more.
The biggest problem though is that you pay a freehold premium as a foreigner, you're on an increasingly stricter visa leash as a foreigner, and taking money out of Thailand is a harder than taking money into Thailand when you divest some day. (Although there are probably some allowances for condo sales/similar.) At 100K, I thought the risk was worth it, but at current prices it's a different story.
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Originally Posted by juan valdez
if i want to book a week in bkk am i just looking at hotels or are there any
furnished apartments in a prime location that do weekly?
Tons of hotels have discount rates for longer stays. The longer you stay, the bigger the discount. For a week, I would just negotiate at a hotel I like. For 7 days, you will neither save a lot, nor waste a lot. It's not worth your time thinking about it too much.
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As for the rental price above, about a year ago I went all around Sukhumvit to see if I could get a better monthly rate than at my hotel where I was paying a negotiated 1200B. I literally went building to building, checked out the rooms, and got the pricing.
I could not beat the price I was getting at the hotel by much at all (for month-by-month prices.) There were cheaper places obviously, but they either had crappier locations, (Although some would say that places like Soi 11 is a good location so that's very subjective) crappier amenities, or crappier/older rooms and poor designs or windows facing some dumpsters/walls/etc. Basically, the places I thought were equal or better than the hotel all cost more than the hotel.
Obviously, I'm a newb and I'm sure that if you look long enough and hard enough you will find better pricing. I was just shooting in the dark and checking out buildings that looked good from the outside. But I think you guys might be surprised how quickly prices are going up and what you get for your money these days.
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Is anyone shopping around for a condo? Have you guys seen anything that you thought might be an especially good deal? Maybe somewhere a bit further away, or in some older building? I'm curious to hear your experiences.