Real Estate in Nonthaburi, Thailand
Last updated on Jun 06, 2024
Summary: The average cost of a nice 2 bedroom home in Nonthaburi, Thailand is around $100,000 USD, while a nice 3 bedroom home can cost around $150,000 USD. These properties typically include modern amenities such as air conditioning, a kitchen, and a balcony. Some may also include a swimming pool, a garden, and a carport. Foreigners are allowed to own property in Nonthaburi, but there are certain restrictions. For example, foreigners are not allowed to own land, and they must register their property with the Land Department. When searching for a home to buy in Nonthaburi, an expat should consider their budget, the size of the property, and the amenities they are looking for. They should also research the different neighborhoods in Nonthaburi to find the one that best suits their needs. The most desirable neighborhoods in Nonthaburi include Bang Bua Thong, Pak Kret, and Bang Yai. These areas are known for their modern amenities, convenient transportation, and close proximity to Bangkok.
How do I find a place to live in Nonthaburi?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One option for finding a place to live in Nonthaburi is to search online for rental listings. Websites such as Housing Thailand and Expat.com are good resources for finding rental properties in the area. Additionally, you can look for rental postings on social media sites such as Facebook and Twitter. You can also contact local real estate agents who specialize in Nonthaburi rentals. Finally, you can ask around in the local community for recommendations and advice on finding a place to live," said one expat who made the move to Nonthaburi.
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What is a typical expat home or apartment like in Nonthaburi?
"Expat homes and apartments in Nonthaburi are typically modern and spacious, with air conditioning, high-speed internet, and other amenities. Many expat homes and apartments are located in gated communities, providing a safe and secure environment. Expat homes and apartments often have access to a variety of amenities, such as swimming pools, fitness centers, and playgrounds. Expat homes and apartments are also often located close to shopping centers, restaurants, and other attractions," said one person in Nonthaburi.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Nonthaburi?
If you are thinking about moving to Nonthaburi, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Nonthaburi is generally quite affordable. Prices vary depending on the size and location of the property, but the average cost of a one-bedroom apartment in the city is typically around 10,000 to 15,000 baht per month," said one expat who made the move to Nonthaburi.
Should I buy or rent a home in Nonthaburi?
If you have not spent a lot of time in Nonthaburi, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"We bought a condo, but it is in are family name, then we went and bought another condo and put this in my wife's name - she is Thai. We had to pay cash for the condo, because you cannot even get a short term loan in Thailand. Even if you make 80% more than most Thai people coming in every month, the only way to get a loan is to be working even if you only may 10,000 baht a week, it's better than 200,000 baht in the bank," said one expat in Nonthaburi.
"Buying a home in Nonthaburi can be a great investment, as the area is growing in popularity and property values are likely to increase over time. However, it is important to consider the cost of living in the area, as well as the availability of rental properties, before making a decision. Renting a home in Nonthaburi can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Nonthaburi should be based on individual needs and preferences," remarked one member in Nonthaburi.
What do I need to know when buying property in Nonthaburi?
When we asked expats what advice they would give a foreigner before buying a property in Nonthaburi, they said:
"1. It is important to research the local laws and regulations regarding property ownership in Nonthaburi. 2. It is also important to understand the local customs and culture when buying property in Nonthaburi. 3. It is recommended to hire a local lawyer to help with the legal aspects of the purchase. 4. It is important to understand the local market and the current prices of properties in the area. 5. It is also important to be aware of any potential risks associated with buying property in Nonthaburi, such as flooding or other natural disasters. 6. It is important to have a clear understanding of the terms of the purchase agreement, including any taxes or fees that may be associated with the purchase. 7. It is also important to be aware of any restrictions or limitations that may be placed on the property, such as zoning regulations or building codes. 8. It is important to have a clear understanding of the payment terms and any financing options that may be available. 9. Finally, it is important to be aware of any potential scams or fraudulent activities that may be associated with the purchase of property in Nonthaburi," said one foreigner living in Nonthaburi, Thailand.
Are foreigners allowed to own property in Nonthaburi?
When we asked expats what advice they would give a foreigner before buying a property in Nonthaburi, they said...
"Foreigners are allowed to own property in Nonthaburi, but there are certain restrictions and conditions they must follow. Foreigners can own condominium units, as long as the total foreign ownership in the building does not exceed 49%. However, they cannot directly own land in their name. To purchase land, a foreigner can either set up a Thai limited company, in which they can hold up to 49% of the shares, or enter into a long-term lease agreement with a Thai landowner. It is essential for foreigners to consult with a local lawyer or property expert to ensure they follow the correct legal procedures when purchasing property in Nonthaburi, Thailand," said one in Nonthaburi.
What appliances are typically included in a rental?
We asked foreigners in Nonthaburi what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In a rental property in Nonthaburi, tenants can typically expect to find a refrigerator, stove, oven, microwave, washing machine, and air conditioning unit. Additionally, some properties may also include a water heater, dishwasher, and other small appliances," explained one person living in Nonthaburi, Thailand.
Additional Information about Searching for a Home in Nonthaburi:
We asked foreigners in Nonthaburi what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Nonthaburi often begin by browsing online property listings on websites such as DDProperty, Hipflat, and PropertyGuru. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have experience living in Nonthaburi. Additionally, they might consult with local real estate agents who are familiar with the area and can help them find suitable properties based on their preferences and budget. Some expats may also explore the neighborhoods in Nonthaburi in person to get a feel for the area and identify potential homes for rent or sale. Networking with other expats and locals can also be helpful in discovering available properties that may not be listed online," remarked one foreigner who made the move to Nonthaburi.
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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