Real Estate in Ayutthaya, Thailand
Last updated on Mar 04, 2024
Summary: People living in Ayutthaya, Thailand offer advice about real estate. How do you find a home in Ayutthaya? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Ayutthaya?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Ayutthaya, you can start by researching online on websites such as Airbnb, Booking.com, and Agoda, which offer a variety of accommodation options, including apartments, guesthouses, and hotels. You can also join local Facebook groups or online forums where people share information about available rentals and housing options in Ayutthaya. Another option is to visit Ayutthaya in person and explore the neighborhoods you are interested in. You can walk around and look for "For Rent" signs or ask locals for recommendations. Local real estate agents can also help you find a suitable place to live, as they have access to a wide range of properties and can provide valuable insights into the local housing market. When searching for a place to live, consider factors such as proximity to public transportation, markets, restaurants, and other amenities. It's also essential to determine your budget and decide whether you prefer a furnished or unfurnished place. Once you have found a potential place to live, make sure to inspect the property thoroughly and discuss the rental terms and conditions with the landlord or property manager. This includes understanding the rental agreement, security deposit, and any additional fees or requirements," said one expat who made the move to Ayutthaya.
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What is a typical expat home or apartment like in Ayutthaya?
"A typical expat home or apartment in Ayutthaya, is likely to be a modern, fully furnished space with essential amenities such as air conditioning, Wi-Fi, and a fully equipped kitchen. These homes are often located in residential areas or condominium complexes, providing a comfortable and secure living environment. The apartments may feature one or two bedrooms, a living room, a bathroom, and a balcony with a view of the surrounding neighborhood or greenery. Some expat homes may also have access to shared facilities like a swimming pool, gym, or laundry services. The overall atmosphere is usually a blend of traditional Thai architecture and contemporary design, offering a unique and comfortable living experience for expats in Ayutthaya," explained one expat living in Ayutthaya, Thailand.
What is the average cost of housing in Ayutthaya?
If you are thinking about moving to Ayutthaya, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Ayutthaya, can vary depending on the type and location of the property. Generally, the cost of housing in Ayutthaya is relatively affordable, with rental prices for apartments and houses ranging from low to mid-range when compared to other cities in Thailand. For instance, a one-bedroom apartment in the city center may cost around $200 to $300 per month, while a three-bedroom house outside the city center could be rented for approximately $400 to $600 per month. The prices for purchasing properties are also reasonable, with an average cost of around $1,000 to $1,500 per square meter for an apartment in the city center," explained one person living in Ayutthaya, Thailand.
Should I buy or rent a home in Ayutthaya?
If you have not spent a lot of time in Ayutthaya, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Ayutthaya, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Ayutthaya for an extended period and have the financial means, buying a home may be a good investment. Owning a property allows you to build equity, customize your living space, and potentially benefit from the appreciation of property value over time. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in Ayutthaya allows you to avoid the upfront costs and long-term commitment associated with buying a property. It also provides the flexibility to move more easily if your circumstances change or if you decide to explore other parts of Thailand. Additionally, renting may be more suitable if you are not eligible for a mortgage or do not have the funds for a down payment. As a foreigner, buying property in Thailand can be more complicated due to restrictions on land ownership and the need for a Thai partner or company to hold the land on your behalf. In conclusion, consider your financial situation, long-term plans, and personal preferences when deciding whether to buy or rent a home in Ayutthaya, Thailand," remarked one foreigner who made the move to Ayutthaya.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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