Bangkok, the lively and exciting capital of Thailand, is one of the world’s most visited cities and a fascinating place to live. As well as receiving millions of tourists each year, it is home to many expats from all around the globe, and is also one of the major economic centers of southeast Asia.
That said, the process of renting property there can get confusing, often to the point of being overwhelming. The sprawling city has a huge number of unique neighbourhoods and some different rights and regulations for tenants than other countries, and online resources in English are rare.
This guide aims to cover the basics of renting in Bangkok, focusing on the essentials.
Condo or Apartment
Bangkok is a city of skyscrapers, and the majority of the city’s residents live in one. Since many offer central locations with great views, easy access to public transport, and are guarded round-the-clock by security guards, high-rise living is a popular choice for both locals and expats.
Some countries use the words apartment, condo, and flat interchangeably to describe properties inside a tower block. In Thailand, however, the terms apartment and condo refer to different things.
Condo generally refers to properties that are sold individually to private landlords. They are typically available at cheaper rates than apartments. However, the contracts are usually longer-term. Utility costs for condos are usually covered by the tenant, which means that they are not fixed and offer some flexibility.
Apartments usually refer to properties inside a building that is entirely owned and managed by a property management company. They tend to cost more, but they typically come with utilities and things like furnishings, TV, and internet included. They are also often available to rent for shorter periods.
Looking for a Condo or Apartment
Whether you’re looking for a riverfront condo in Bangkok for rent, or a place close to your office, the internet is a good place to start. There are various property portal websites you can use, but Facebook groups are also very popular places for landlords to advertise.
You can also walk into many tower blocks. Property agencies often have staff posted at popular buildings to receive walk-in clients.
You can also approach a property agency to find places that suit your needs. This can save some hassle and make it easier to communicate with landlords, but it comes with some additional fees. Be careful, however, as the industry is not highly regulated and agents do not require any license to work.
Deposits and ongoing costs
New tenants are typically expected to pay one month’s rent in advance along with a security deposit equivalent to two months’ rent.
As for ongoing costs besides the rent, tenants may need to pay for electricity, water, and subscription services like internet and cable TV. While condos are subject to a Common Area Management fee, this is the landlord’s responsibility.
Conclusion
Bangkok has long been a top destination for digital nomads and expats, most of whom stay in rented accommodation. Once you have decided where you will stay and have applied for your Thai visa, this guide will help you join them.
