City guide Bangkok Thailand

City guide to Bangkok ,Thailand

A guide aimed at overseas property buyers considering buying property in Thailand

As the economic center of Thailand, Bangkok is home to the major financial institutions and banks in Thailand.  The city features a cost of operation that is much less than rivaling cities and many of the country’s largest businesses are located there including thirteen Forbes 2000 companies, the largest Thai bank and the country’s largest oil producer. 

Thailand also draws about five percent of its gross domestic product from tourism.  Bangkok is an international gateway as well as a tourist hot spot itself.  There are three palaces located in Bangkok, which draw a large tourism crowd.  Some of the most notable tourist attractions include the Grand palace, the Giant Sqing, Sanam Luang and the Democracy Monument.  Bangkok’s shopping scene is located in the areas of Rajprasong and Siam.  There are thousands of street vendors and numerous malls in this area providing a variety of different goods.  The Phra Nakhon district has been deemed a no-skyscraper area and seeks to preserve the older buildings and antiquities of old Thailand.

Useful Thailand resources

• www.tourismthailand.org
• http://en.wikipedia.org/wiki/Thailand
• http://www.lonelyplanet.com/worldguide/destinations/asia/thailand/
• http://news.bbc.co.uk/1/hi/world/asia-pacific/country_profiles/1237845.stm

Real estate in Bangkok  

Property in Bangkok is a hot commodity.  There are hundreds of housing projects amongst the developing communities that have sprung up around the city.  The city continues to grow and expand and is now divided into six different provinces.  There are also numerous immigrants coming in from Laos, Myanmar, Cambodia and other South Asian countries.  These people are making property in Thailand popular investment opportunities because they require housing and neighborhoods.  The inner part of the city is growing up as the outskirts grow out.  Property in Bangkok’s inner areas are being improved and the city now has one thousand skyscrapers registered.  Wireless Road and Chitlom are considered the most expensive properties in Bangkok.  The area Sukhumvit is gradually developing into a mixture of commercial and residential areas while the Ratchadaphisek area is mostly a business district with property investments available for office and commercial space.