Prawet, Bangkok, Central - Thailand
What do you need to know about Prawet?
Out of the fisty district in the city of Bangkok, Prawet is one. The district is situated in the southern part of the city. The neighbouring districts surrounding Prawet from the north in the clockwise direction are, Bang Phli (Samut Prakan Province), Bang Na, Phra Khanong, Suan Luang, Bang Kapi, Saphan Sung and Lat Krabang (Bangkok). Prawet was once part of Phra Khanong District. Prawet was elevated to become a separate district in 1989. Part of Prawet, especially the Suan Luang Sub-district, was carved out to establish Suan Luang District on 14 January 1994. In October 2005 the plan to create the special administrative area Nakhon Suvarnabhumi around the new Bangkok airport became public. Prawet was supposed to be one of five districts to be included in this new area. The district s spread over a total land area of 52.5 square kilometres.
Pan-Asia International School is in Prawet. Wells International School has its Wells International Kindergarten Bangna Campus in Prawet
How is the lifestyle in Prawet?
The district if Prawet offers an expensive form of lifestyle than what you may experience throughout the rest of the country of Thailand. The daily expenses that you need to survive are not over the top and you can get by a month with spending as much as 70,000 Baht in Prawet for the entire month! The Properties available in the district can be a joy to choose from, starting from one-bedroom condos to luxury villas and townhouses, anything you want is available right at your fingertips. The least you have to spend in order to rent a one-bedroom condo is about 15,000 Baht for rent if you wish to live in the main areas of the district. There are other properties with much more gorgeous designs and deluxe interior, such as duplex condos can be found in the same location with prices hiking to as much as 58,000 Baht for rent a month. The least you have to send if you wish to live a basic life in the uneventful places of the district would be around 30,000 Baht and that is covering all costs from rent to day-to-day expenses.
How is the real estate market in Prawet?
It is no wonder that the real estate properties in the district are becoming popular by the day, since properties in Prawet are compatible to almost anyone. There are varieties of properties for you to rent should you choose to, including condos, townhouses and single houses or villas. If you choose to live in the downtown area or near locations in the district such as near the Mahidol University, you would find a one bedroom condo for sale for around 10,000,000 Baht on the sale price. townhouses for rent can also be found at a cost of around 15,000 to 35,000 Baht for rent. If you wish for a more lavish experience, detached single houses or villas for rent could also be the preferred type of property you are looking for and can be very easily found around the area with the cost amounting to 20,000 to 90,000 Baht for rent. The rent for these properties has been seen to decrease a bit if you move a little further from the aforementioned locations, for example condos for rent can be found at a low rent price of 8,000 Baht for rent and villas or detached single houses for rent can be found at a price of around 40,000 to 50,000 Baht for rent.
What is the most popular property on sale in Prawet and why?
The process of buying your piece of property in Prawet is really easy and comprehendible, the most famous type of property in the district is single houses or villas, as they are the perfect choice for families looking to settle down in Prawet. There are second hand villas readily for sale available in the eventful areas with the prices ranging from 40,500,000 to 50,000,000 Baht for sale depending on the type, age, size,location and number of bedrooms of the property. One-bedroom studio condos for sale can also be found in the area with significantly low prices as they mostly appeal to bachelors, they can be bought by paying around 2,300,000 to 6,000,000 Baht for sale depending on the type, age, size, location and number of bedrooms of the property. Three-bedroom condos for sale are a little harder to find and would cost you somewhere around 18,500,000 to 20,500,000 Baht for sale depending on the type, age, size, location and number of bedrooms of the property if you choose to settle down near the prime locations in the district. Should you choose to move farther from the heart of the city, the sale prices drop to a certain extent. You can find a one-bedroom studio condo for sale for a price of around 1,800,000 Baht for sale depending on the type, age, size, location and number of bedrooms of the property near the uneventful places of the district, townhouses as have they in the eventful areas, share the same range of price and can cost you about 2,000,000 to 3,500,000 Baht for sale depending on the type, age, size, location and number of bedrooms of the property. Single or detached houses for sale can also be found at a lower cost from the main area of the district with the price ranging from 12,600,000 to 16,000,000 Baht for sale depending on the type, age, size, location and number of bedrooms of the property.
What are the main reasons for investing in Prawet properties?
As the properties are affordable to majority of foreign investors; the real estate market in the district is slowly making its way into the top levels of the market. With the recent up-gradation of infrastructure, the properties in the district are one to look to for investing and as well for settling down.
Land for Sale in Prawet
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.