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Real Estate Properties For Rent and Sale in Nakhon Ratchasima-Korat, North-East - Thailand

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  • Land for sale in Korat
  • Land for sale in Korat

Nakhon Ratchasima-Korat, North-East - Thailand

What do you need to know about Nakhon Ratchasima?

One of the four major cities of Isan, Thailand, Nakhon Ratchasima is also known as Korat is located at the western edge of the Korat plateau and used to be the marking border between Laos and Siam. About 770,000 People live in Nakhon Ratchasima. The city was founded by King Narai of Ayutthaya during the 17th century to serve as a stronghold on the northeastern frontier. Nakhon Ratchasima Korat continued to be a political and economic centre in the region. In 1900, the Royal State Railways of Siam started to operate the Korat line from Bangkok with Korat as the terminus. In 1934, the name of the station was changed to Nakhon Ratchasima Railway Station. The region is mainly dominated by a tropical savanna climate with warm winters and wet summers. The summer months generally have a temperature of about 35OC and in winters the mercury rarely drops below 15OC making it one of the cosiest places to move from frigid northern countries.

What are the popular attractions in Korat?

The biggest province of Thailand, Nakhon Ratchasima Korat is located in the northeast and very close to Bangkok. The region provides visitors with a wide range of beautiful and memorable places to visit. If you are planning to visit Korat in your next vacation these are some of the top places that you must visit.

  • Wat Ban Rai: Located in the district of Dan Khun, Wat Ban Rai is one of the most unusual temples in all of Thailand. You can find a huge shrine covered in ceramic in the shape of an elephant with a walkway leading to it and flanked by two naga statues. The walls of the temple are uniquely carved with mosaics and tiles symbolising the life of Lord Buddha. Climb on top of the golden statue for an incredible view.
  • Phimai Historical Park: Providing visitors with a captivating look into the past, Phimai Historical Park is one of the most impressive ruined complexes in all of Thailand. Smack bang in the middle of the Phimai town, it is believed to have been built between the 11th and 12th century as a dedication to Buddhism.
  • Mister Mushroom: One of the quirkiest attractions in Thailand, Mister mushroom is a farm where visitors can learn everything about the process of growing mushrooms and also see hundreds of types of mushrooms growing all around the area. The farm is also equipped with a shop where visitors can buy everything mushroom related.
  • Lam Takhong Dam: Build during the 1970s to aid farmlands with irrigation, the Lam Takhong Dam is one of the most popular destinations around the country. Visitors are treated with an incredible place to relax and also enjoy popular snacks and refreshments from the vendors alongside the water.
  • Wat Sala Loi: Located in the city of Nakhon Ratchasima, Wat Sala Loi is a Buddhist temple that was built during the 1800s. The temple is decorated with locally made pottery and visitors are treated with some interesting and beautiful shrines and statues throughout the temple complex.

What is the cost of living and Lifestyle in Nakhon Ratchasima?

Korat is considered to be one of the most inexpensive regions of the country and if you are coming from European or North American cities chances are you will find the prices to be on the lower end of the spectrum. Let us take a look at the cost of living that comes with staying in Nakhon Ratchasima.

A meal in an inexpensive restaurant will cost you about 80 Baht while a three-course meal for two in a mid-tier restaurant will cost somewhere around 300 Baht. If you will try the popular street food the cost of meal will start as cheap as only 20 baht. Rice and eggs are also readily available with a kg of rice costing about 45 Baht and a dozen eggs costing about 51 Baht. A litre of milk can be bought at 58 Baht. Transportation is also within budgets as taxi rides across the region can start from 40 Baht with 8.50 Baht every additional kilometre. For those who are planning to drive their own vehicles a litre of gasoline will be about 25 - 29 Baht. 

What are the average house and condo sale prices in Nakhon Ratchasima?

If you are looking to buy a house or condo in this part of the world, houses on sale can start from 700,000 Baht to all the way up to 20,000,000 Baht depending on the type and location of the property. If you are looking to get your hand on a condo in Nakhon Ratchasima, prices start from 700,000 Baht and can soar up to 8,000,000 Baht depending on its type and location. Properties near the downtown area or business district generally do command a higher rate.

Land for Sale and Land Price in Korat

Land for sale is very popular in Korat as it is the biggest region in Thailand and there are vast amount of Land all over, You can find land for Sale all over the region, Most of the Land plot are designated for agriculture but as the population is growing at yearly Rate  of nearly 2% many people will need Land to build their Home.
Land Price in main city area will be very high, due to the high price of the land downtown developer can only maximize the land price by building high condominiums.
out side of the center the price go down dramatically, you can find land for sale start with 100,000 baht for 1 rai Land.

Note: Before you buy land in Korat, you will need to check if the land is connected to Electricity and water. 

What is the current Real Estate in Nakhon Ratchasima?

For those looking to rent a  condo for personal accommodation during your stay in Nakhon Ratchasima, there are several types of properties that you can choose from. Love condos? One-bedroom condos on rent in the downtown area will generally cost you about 5,000 – 9,000 Baht, while three-bedroom condos will be around 25,000 – 45,000 Baht. If you are prepared to live outside of the downtown area, prices do come down a lot.  A one-bedroom condo on rent can cost about 3,000 Baht every month while a three-bedroom one will be around 13,000 Baht per month.

What are the reasons to buy a Property in Nakhon Ratchasima?

According to a recent survey, rent prices in Nakhon Ratchasima is about 250%  lower than in Bangkok about 2.5 hours’ drive and with the upcoming new highway the time to travel to korat my be shorten to 1.5 hours, making it one of the most affordable places to live in the country. The region is close to large urban centres such as Bangkok connecting Nakhon Ratchasima to the rest of the world. Healthcare and education are also at par with the standards of big cities, but the fees are very affordable. Primary school is 70% cheaper than what you would have found in Bangkok. So if you are planning to move to this part of the world, Nakhon Ratchasima is one of the best places to buy a property and settle in.