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Phrom Phong

Thailand - Bangkok

24.9°C

Phrom Phong - Bangkok

Characterized by luxury malls and world class restaurants, the exclusive district of Phrom Phong continues to grow in popularity due to its chic and cosmopolitan dimension. The posh neighbourhood has undergone a major transformation in the last years but remains a vibrant area for its wealthy international community. The elegant district is also a high-end residential area which offers attractiveness, dynamism as well as a high quality of life due to its upmarket facilities and its social and cultural assets.

Market overview

Investing in Thailand is nowadays a credible option to consider. With a healthy economy, excellent infrastructures, a major tourist attraction, a structured real estate market offering a good quality for its value, a low taxation and a clear law regarding real estate property, the country mixes all the required elements to realize a safe investment.Thanks to the stunning attractiveness of the region, the real estate market in Thailand knows a steady evolution of prices while offering one of the most luxury properties of the region. Due to its strategic location, its high-end infrastructures and its international airport, the area offers unique conditions to invest in an attractive and dynamic area. Facing this fondness, the local real estate has been modelled according to the new demanding inhabitants. The real estate offer perfectly meets the various expectations through different types of investments, from rental to residential, by way of speculative investments. Besides, the occupancy rate of rental properties remains high -around 75%-, which is a good element to know for future investors.

Buying basics

In Thailand, the law considers that a foreigner cannot own a land. The land where is built the property will be rented for a period between 30 and 90 years. Besides, the purchase is made in foreign currency (the bath, which is the Thai currency is not used).
As for the purchase of a condominuim, the buyer will receive a "full ownership title" thanks to the "condominuim license" but only if the good is legally registered as such.
It is encouraged to contact a professional of the real-estate market in the area to know the different steps of the buying process. It is well advised to be careful of unscrupulous vendors who might propose you a land or even a property he does not own.
Before any purchase, it is also recommended to examine the different legal documents such as the owner of the property, the plans...

Low Season
May 01 - Oct 31

The period from May to October corresponds to the rainy season. As the country is close to the equator, the effects of the monsoon are reduced even if the sea can be rough.The region enjoys a tropical wet climate with  steady and warm temperatures all over the year. During this period, it is not always raining but there are high rainfalls with overcast sky. However, this season can be a nice way to discover the island without the traditional crowds of tourists and benefiting from attractive prices.

High Season
Nov 01 - Apr 30

From November to April, it is the dry season. The month of March can be the best compromise between crowd and weather : tourists are fewer and prices are cheaper while the monsoon has not starting yet. This period provides an enjoyable climate to take advantage of the dream beaches and discover the stunning landscapes and temperatures are around 30 degrees.

Peak Season
Dec 01 - Feb 28

The period from December to February is the best one as the weather is dry, it hardly ever rains, there is a blue sky and temperatures are pleasant and not particularly too much high. However, it also corresponds to the busiest period of the year. Mainly in January and February, hordes of tourists arrive in Thailand to discover the stunning landscapes. Prices skyrocket and places are crowded.

Chao Phraya River Cruise

The Chao Phraya is the river crossing the city of Bangkok. Taking a river cruise is a unique experience to discover the city of Bangkok, also known as the "Venice of the East" with its countless narrow canals. They provide magnificent views on the city and unexpected occasions to see the main points of interests, such as the Grand Palace, the Wat Arun temple or even the shipyard of the Royal Navy. It can also be an adventure to take a boat to  Koh Kret, a nice little island on the river which offers a marvellous view on the massive city and its giant suburbs.

Rooftop bar

Bangkok is home to countless luxury buildings and high-end skyscrapers whose roofs host upscale trendy bars. These world class rooftops allow to enjoy the view of the city from above while sipping a delicious cocktail and tasting local food. This is one of the best places to admire the sunset and discover the hustle and bustle of nightlife and its light games.

Chinatown

Bangkok's Chinatown, also known as "Yaowarat" is an amazing place to discover while losing yourself in the maze of narrow streets. Explore the surprising spots of the district while enjoying a moment spent in a unique atmosphere.This is one of the best spots to experience the traditional lifestyle as well as tasting local food, such as seafood dishes.

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Bangkok
Discover Hotspots in Bangkok
Bangkok is the vibrant capital of Thailand, in South-East Asia. Originally a fishermen village created in 1782 on the riverbank of the Chao Phraya river, it became an overactive megalopolis characterized by a lively atmosphere. Bangkok is the largest city of Thailand, with almost 15 million inhabitants. The river separates the city into two parts: the right bank hosts the historical and winding districts whereas the left bank, more developed, is home to the main tourist venues as well as the business center and the modern skyscrapers.This is a city of contrasts with action at every turn. Luxury malls compete with the sea of boutiques and local markets. Extravagant high-end hotels welcome you with the same famed Thai hospitality. This is ...
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