Phichit, Central - Thailand
What do you need to know about Phichit?
Phichit is located in the lower northern part of Thailand which is also known as Isan and is one of the 77 provinces present in the country. The neighbouring provinces surrounding Phchit from the north in the clockwise direction would be Phitsanulok, Phetchabun, Nakhon Sawan, and Kamphaeng Phet. The main water bodies of the province comprise of the Nan and Yom rivers who join together briefly before the Chao Phraya River is formed. There are mostly plains in the province which are low in fertility thus, making lotus and rice the main crops of the province. The province was first established by Phraya Kotabongthevaraja during the mid-1000s and was originally a part of the Sukhothai kingdom and later, Ayutthaya. The original name of the province was Mueang Sa Luang, which meant “city of the royal pond” when translated. The total land area covered by the province is 4,816 square kilometres and it houses within itself a population of 539,374 as per the record of the census conducted in 2018. The province of Phichit is divided into 12 districts which are then further divided into 89 sub districts and 852 villages.
Few places of attraction in Phichit
The province of Phichit is rich in religious and historical heritage sites that promises a cool and calming effect on the mind after the bustling environment of the city. Some of the most exquisite places in the province are listed below for you to consider.
Wat Tha Luang
This is a very important temple in the Phichit province and is a must visit if you are anywhere near the province. The temple enshrines Luangpho Phet which is a gorgeous image of Lord Buddha. The temple is open to tourists and they are allowed to pay their respects at the ubosot on all days until evening. The Phichit Celebration fair that is held every year in January is centred here and it features a plethora of fun activities that you can come across if you manage to visit the place during that time.
Yan Kao Wang Krot
This is another major attraction in the province of Phichit, the old Wang Krot market is located by the Nan river at the site of the Yan Kao Wang Krot community. The old community sits as a community market on the weekends that is Friday to Sunday until the afternoon while the old market Is open daily until evening. Another festival held in the area is the Toem Rak Wan Wan Yan Kao Wang Krot Fair, which is held on 14th February due to the Valentine’s Day occasion.
How is the lifestyle in Phichit?
The province of Phichit 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 Phichit real estate market?
The real estate market in Phichit 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 Phichit Technical College or near health care facilities like Wang Samrong Tambon Health Promotion Hospital, you would find a one-bedroom condo on rent for around 7,000 Baht, townhouses on rent can be found at a cost of 7,500 to 16,000 Baht. If you wish for a more luxurious environment, three bedroom condos on rent are available at the downtown area at a price range of about 26,000 Baht, villas or single houses could also be the type of property you are looking to settle in if you have a family and can be found in the area with the rent amounting to 15,000 to 32,000 Baht. 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 single 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 but should you manage to rent one it would not be more than 8,000 Baht a month.
What is the most popular property on sale in Phichit 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 Phichit. One-bedroom condos can be found in the area with cheap prices and can be bought by paying around 900,000 to 3,000,000 Baht. Three-bedroom condos on sale are a little harder to find and would cost you somewhere around 2,500,000 to 7,500,000 Baht if you choose to settle down near the prime locations in the province. There are second hand single houses available on sale in the downtown area with the prices ranging from 1,500,000 Baht to 30,000,000 Baht depending on the type and age of the property. Should you move a little farther from the heart of the city, the sale prices have been seen to drop. 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 3,500,000 Baht on the sale price. Single or detached houses can also be found at a suggestively lower cost from the downtown area of the province with the price ranging from 1,600,000 Baht to 16,000,000 Baht.
What are the main reasons for investing in Phichit properties?
Phichit 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 high 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 Phichit.