Real Estate in Trang, Thailand
Last updated on Jul 03, 2024
Summary: People living in Trang, Thailand offer advice about real estate. How do you find a home in Trang? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Trang?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Trang involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a simple apartment to a more luxurious villa. Next, you should research the different areas in Trang to find a neighborhood that suits your lifestyle and preferences. Some people might prefer a bustling city center, while others might want a quieter, more residential area. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rentals in Trang, such as Thai Property, DDProperty, and Dot Property. These websites allow you to filter your search based on your preferences, such as price, location, and type of property. In addition to online searches, you can also work with a local real estate agent. They can provide valuable insights about the local market and help you find properties that might not be listed online. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property and ask any questions you might have. Before signing a lease, make sure to read it carefully and understand all the terms and conditions. If possible, have a lawyer or someone fluent in Thai and English review the contract. Finally, once you're satisfied with the property and the terms of the lease, you can proceed with the rental process. This usually involves paying a deposit and the first month's rent. Remember, finding a place to live in a foreign country can be challenging, so take your time and don't rush the process. It's important to find a place where you'll feel comfortable and at home," said one person in Trang.
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What is a typical expat home or apartment like in Trang?
"A typical expat home or apartment in Trang, is often a blend of traditional Thai architecture and modern amenities. These homes are usually spacious, with open floor plans that allow for natural light and air circulation. The living room and dining area are often combined, creating a large, communal space for socializing and entertaining. The kitchen is typically equipped with modern appliances, including a refrigerator, stove, and sometimes a dishwasher. Bedrooms are usually large and come with built-in wardrobes, while bathrooms are often fitted with western-style fixtures. Many homes also feature a balcony or terrace, offering views of the surrounding city or countryside. Air conditioning units are common in these homes, given Thailand's tropical climate. Some homes may also have a small garden area or access to a shared swimming pool. The interior design often reflects Thai culture, with wooden furniture, silk cushions, and local artwork. However, it's not uncommon to see a mix of western and Thai styles, as many expats bring a touch of their home country to their living space. Despite being in a relatively small city, expat homes in Trang are often located in convenient locations, close to local markets, restaurants, and schools. Some may choose to live in gated communities for added security, while others prefer the freedom of a standalone home. Overall, expat homes in Trang offer a comfortable and convenient living environment, blending the charm of Thai culture with the comforts of modern living," said one expat in Trang.
What is the average cost of housing in Trang?
If you are thinking about moving to Trang, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Trang can vary greatly depending on the type and location of the property. For instance, a one-bedroom apartment in the city center may cost around $150 per month, while the same type of apartment outside the city center may cost around $100 per month. If you're looking to buy property, the price per square meter in the city center is approximately $1,000, while outside the city center it's around $600. However, these prices can fluctuate based on market conditions and other factors," explained one expat living in Trang, Thailand.
Should I buy or rent a home in Trang?
If you have not spent a lot of time in Trang, 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 Trang, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Trang for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and gives you a sense of stability and permanence. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and property taxes. You'll also be responsible for ongoing costs like maintenance, repairs, and homeowners insurance. If you're not ready for these financial commitments, or if you're unsure about your long-term plans, renting might be a better option. Renting a home in Trang offers more flexibility. It's a good option if you're planning to stay for a short period or if you're still exploring different areas in Thailand where you might want to settle down. Renting also means you won't have to worry about property maintenance or fluctuating property values. However, renting doesn't allow you to build equity, and you'll be subject to annual rent increases. You'll also have less control over your living space, as you'll need your landlord's permission to make any significant changes to the property. In conclusion, both buying and renting a home in Trang, Thailand, have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and long-term plans before making a decision," remarked one member in Trang.
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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