Ubon Ratchathani, North-East - Thailand
What do you need to know about Ubon Ratchathani?
Ubon Ratchathani is one of the seventy-seven provinces in Thailand and is located in the lower north eastern part of the country. The neighbouring provinces surrounding the province from the west in the clockwise direction would be Sisaket, Yasothon, and Amnat Charoen. To the north and east, it borders Salavan and Champasak of Laos, to the south Preah Vihear of Cambodia. At Khong Chiam, the Mun River joins the Mekong River and forms the north eastern boundary with Laos. The province was first founded in the late 18th century by Thao Kham Phong, who escaped into the Siam Kingdom during the reign of King Taksin the Great. The area was declared as a province in the year 1933 and was the largest province in Thailand till 1972. The total land area the province covers is calculated to be 15,745 square kilometres and it houses a population of 1,874,548 as per the records of the census conducted in the year 2018. The province of Ubon Ratchathani contains 25 districts within itself and they are further divided to form 219 sub districts and 2,469 villages.
Few places of attraction in Ubon Ratchathani
The province of Ubon Ratchathani is rich in flora and fauna and is known for its religious structures found across the province. Some of the best- and well-known places to visit in the province are listed below for you to consider;
These are ancient rock paintings which are estimated to be at least a thousand years old and maybe even older, they are placed in a cliff facing down on the visitors’ centre. A secluded but magnificent pathway leads the individual through four groups of paintings; the area is shaded by trees and loops back to the visitors’ centre with the total length being four kilometres or a two-hour walking duration.
Pha Taem National park
This is one of the national pars of Thailand that is the favourite for the locals as well as anyone visiting. The park is located on a large cliff which is above the Mekong River and the parks name is named after the Mekong River. The ancient rock paintings placed on the cliff have become an icon that portrays the province, along with the exquisite view one can experience from the area the place is a haven for nature lovers.
How is the lifestyle in Ubon Ratchathani?
The province of Ubon Ratchathani can be modernized but surprisingly the cost of living at this place is typically inexpensive as compared to other provinces in the country or even to other urban cities in different countries. Astonishingly, this does not stop people from visiting this place as tourists or for religious purposes or even for settling down in the province. The cost of living in this area is low-priced, for instance, the total cost of groceries for a month would cost you about 8,000 Baht or less depending upon your personal preferences. The province is host to a variety of properties ranging from studio condos to lavish properties with as much as four to five bedrooms and other facilities.
How is the Ubon Ratchathani real estate market?
The real estate market in Ubon Ratchathani is eventually rising the ranks and is attracting more expatriates and foreign investors by the passing day. If you choose to live in the downtown area or near locations such as the Ubon Ratchathani Vocational College or near health care facilities like Sunpasitthiprasong Hospital, you would find a one-bedroom condo on rent for around 7,000 Baht for rent, townhouses on rent can be found at a cost of 7,500 to 11,000 Baht for rent. single house could also be the type of property you are looking forward to settling in if you have a family and can be found in the area with the rent amounting to 15,000 to 32,000 Baht for rent. The rent for these properties has been seen to diminish a little if you move farther from the said locations, for example, condos can be found at a low rent price of 4,000 Baht and villas or detached houses on rent can be found at a price of around 10,000 to 20,000 Baht. Three-bedroom condos, on the other hand, can be a little tough to find as its not a popular size in Thailand.
What is the most popular property on sale in Ubon Ratchathani and why?
The most famous type of property in the province is condos, as they are the perfect choice for bachelors as well as small families who are looking towards settling down in Ubon Ratchathani. One-bedroom Second hand condos can be found in the area with cheap prices and can be bought by paying around 1,300,000 to 2,000,000 Baht for sale. Three-bedroom condos on sale will be very hard to find and it may cost you somewhere around 3,800,000 to 8,500,000 Baht for sale if you choose to settle down near the prime locations in the province. There are second hand single houses available for sale in main area with the prices ranging from 2,380,000 to 39,000,000 Baht for sale depending on the size, number of bedroom, land size, type and age of the property. Should you move a little farther from the heart of the city, the sale prices drop to a certain point. You can find a one-bedroom studio condo on sale for a price of around 600,000 Baht, townhouses can cost you about 1,000,000 Baht to 1,500,000 Baht for sale price. Single or detached houses can also be found at a significant lower cost from the downtown area of the province with the price ranging from 1,850,000 - 18,100,000 Baht for sale.
Land for Sale in Ubon Ratchathani
Ubon Ratchathani Land for sale is also popular in this province as Land Price are relatively lower than main cities such as Bangkok. Land Price is related to the Land development around it so if you are considering searching for land for sale make sure you apprise the requested 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.
What are the main reasons for investing in Ubon Ratchathani properties?
Ubon Ratchathani features some of the best healthcare facilities found in the entire country of Thailand. The province houses some of the most attractive properties and offers a typically inexpensive price range for nearly all of its possessions. The scope for returns on investments is also there for foreign investors and people looking for a second home after retirement are sure to enjoy their time at Ubon Ratchathani.