Phra Nakhon, Bangkok, Central - Thailand
What do you need to know about Phra Nakhon?
Phra is one of the fifty districts that are present in the city of Bangkok, Thailand. The distrit is located towards the central area of the city and includes the Rattanakosin Island. The districts surrounding Phra Nakhon from the north from the clockwise direction are Dusit, Pom Prap Sattru Phai, Samphanthawong, and across the Chao Phraya River, Thon Buri, Bangkok Yai, Bangkok Noi, and Bang Phlat. The district is bounded by the Chao Phraya River to the west, Khlong Phadung Krung Kasem in the north, and Ratchadamnoen Road and Khlong Ong Ang to the east. The center of Bangkok, marked by the city pillar shrine (lak mueang), is in the district. Also surrounding the large open space of the Sanam Luang are the Grand Palace and Wat Phra Kaew, the National Museum in the former palace of the Vice King, and the main campus of Thammasat University as well as Silpakorn University. Other significant landmarks in the district include Wat Pho, the Giant Swing, Wat Suthat, Wat Ratchanadda (with Loha Prasat), and the Democracy Monument. Also, the well-known Khaosan Road is in the district. Another significant temple is Wat Bowonniwet, where several Thai kings were ordained as monks. Of the original 14 forts protecting Bangkok only two survive. Fort Phra Sumen in the northern corner of the district, and Fort Mahakan in the east. Since 2000 a small park named Santichaiphrakarn around Fort Phra Sumen was built.
How is the lifestyle in Phra Nakhon?
Although home to many attractions and some of the best educational facilities, the lifestyle of the district is pretty expensive than other districts around Bangkok or anywhere else. The cost of living is not so inexpensive, for example, the total cost needed to get by for a month in this district is about 40,000 Baht. The prices of properties too are on the higher side than as seen in other areas but cheaper pieces of property can be found towards the uneventful parts of the district. Whereas if you choose to live near the locations like Siriraj Hospital, the prices have been seen to go up a bit. The properties in this district are not that old and of sturdy build. The scope of buying a piece of land is also there and allows you to construct your own house as you desire.
How is the Phra Nakhon real estate market?
If you are looking to rent a place in Phra Nakhon you must be thinking condos. There are condos for rent available around 15,000 to 35,000 Baht for rent depending on the size, location, number of bedrooms and age of the property. and as you move a little away from the stations the prices drop as low as 8,000 Baht for rent depending on the size, location, number of bedrooms and age of the property. If you’re a fan of houses you must consider the villas for rent in this district available for rent with prices ranging from 25,000 to 75,000 Baht for rent depending on the size, location, number of bedrooms and age of the property. There is no better way of settling in than in your own property. The option of paying monthly rentals isn’t the most ideal way if you’re settling down for longer periods of time. With prices of townhouses for rent varying from 15,000 to around 50,000 Baht for rent depending on the size, location, number of bedrooms and age of the property. if you’re looking to stay near the district’s main area that is nearer to the railway stations and various other amenities.
What is the most popular type of property in Phra Nakhon and why?
With prices of properties all around the world are hiked and a lot of thinking goes behind choosing one's ideal home. Condos are the dominating property in this district with prices ranging from 2,700,000 to around 30,000,000 Baht for sale depending on the size, location, number of bedrooms and age of the property, which is subjected to change according to the size, type, age and location of the property. All the nuclear families are going for condos as their preferred piece of property. You can also get a villa or single house for sale should you prefer; it would cost you around 12,000,000 to 60,000,000 Baht for sale depending on the size, location, number of bedrooms and age of the property.
What are the main reasons to invest in Phra Nakhon properties?
As been talked about earlier in this article, the properties in Phra Nakhon are some of the best ones available in the whole city of Bangkok. The district houses some of the best in class healthcare centres while also featuring excellent educational facilities that have been accredited by numerous fraternities. The opportunity to collect returns after investing is also there for real estate investors. Therefore, the Phra Nakhon real estate market is welcoming and beneficial for anyone out there.
Land for Sale in Phra Nakhon
Land for sale is also popular in this area as Land Price are relatively lower than main CBD are in Bangkok. Keep in mind that Land Price is relevant to the development around it so if you are considering searching for land for sale make sure you apprise the prospective land for sale price before purchasing it.
Its also important to do a proper due diligent of the Land Title deed to understand what are the Land Zone rights on the specific Land.