#real-estate · 1 month ago

How Much Discount Should I Ask for When Buying a Condo in Thailand?

How Much Discount Should I Ask for When Buying a Condo in Thailand? photo thailand

Imagine you’re searching for your dream condo in Thailand, but you’re not sure how much to pay. You see different prices online, and you wonder if you’re getting a good deal. For example, you might see a condo listed for 15 million baht, but the sales staff tells you it’s 17 million. Or, you might find the same condo on a different website for 2 million baht less. Don’t worry, I’ve got you covered. In this post, I’ll share my expert advice on how to negotiate the best price for your condo in Thailand.

When it comes to buying a condo in Thailand, one of the most important things to consider is the price. You want to make sure you’re getting a good deal, but you don’t want to overpay either. The good news is that there are ways to negotiate the price of your condo, and I’m here to share my expert advice with you.

First, it’s essential to do your research. Look at different websites, such as Hipflat or DDProperty, to see what similar condos are selling for in the area. This will give you an idea of the market value of the condo you’re interested in.

Next, when you visit the condo, ask the sales staff about the price. They may offer you a discount, but it’s essential to ask if there’s any wiggle room. Don’t be afraid to negotiate – it’s expected in Thai culture.

Here are some tips to keep in mind when negotiating the price of your condo:

  • Be respectful and friendly. Building a rapport with the sales staff can go a long way in getting a better price.
  • Do your research and know the market value of the condo.
  • Don’t be afraid to walk away if the price isn’t right. This shows that you’re not desperate, and the sales staff may come back with a better offer.
  • Consider working with a real estate agent who is familiar with the local market. They can help you negotiate the best price for your condo.

When it comes to negotiating the price, here’s a step-by-step guide to follow:

  1. Ask the sales staff about the price of the condo.
  2. Tell them you’re interested in buying, but you want to make sure you’re getting a good deal.
  3. Share your research on the market value of the condo.
  4. Ask if there’s any wiggle room in the price.
  5. Make an offer that’s lower than the asking price. This gives you room to negotiate.
  6. Be prepared to walk away if the price isn’t right.

Some of the best places to buy condos in Thailand include Bangkok, Chiang Mai, and Phuket. These cities offer a range of condos, from luxury to budget-friendly options.

In Bangkok, some of the most popular areas to buy condos include Phrom Phong, Asoke, and Thonglor. These areas offer easy access to public transportation, shopping, and dining.

In Chiang Mai, some of the most popular areas to buy condos include Nimmanhaemin and Chang Khlan. These areas offer a range of condos, from luxury to budget-friendly options.

In Phuket, some of the most popular areas to buy condos include Patong and Kamala. These areas offer easy access to beaches, shopping, and dining.

In summary, buying a condo in Thailand can be a daunting task, but with the right research and negotiation skills, you can get a great deal. Remember to do your research, be respectful and friendly, and don’t be afraid to walk away if the price isn’t right. Good luck.

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