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Real Estate in Khao Lak, Thailand | Expat Exchange
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Real Estate in Khao Lak, Thailand

By Betsy Burlingame

Last updated on Jan 05, 2024

Summary: People living in Khao Lak, Thailand offer advice about real estate. How do you find a home in Khao Lak? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Khao Lak?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"To find a place to live in Khao Lak, you can start by researching online on websites such as Booking.com, Airbnb, and Agoda, which offer a variety of accommodation options, including hotels, guesthouses, and apartments. You can filter your search based on your preferences, such as budget, location, and amenities. Another option is to join local Facebook groups or online forums dedicated to Khao Lak, where you can ask for recommendations and advice from locals and expats who are familiar with the area. They may be able to suggest specific neighborhoods, properties, or landlords to consider. Once you have a list of potential accommodations, it's a good idea to visit Khao Lak in person to view the properties and get a feel for the area. This will allow you to explore different neighborhoods, check the proximity to amenities such as shops, restaurants, and public transportation, and ensure that the property meets your needs and expectations. When you find a place that you're interested in, make sure to negotiate the rental terms and conditions with the landlord or property manager. This may include the monthly rent, security deposit, lease duration, and any additional fees or requirements. Finally, before signing a lease or rental agreement, it's essential to read the document carefully and ensure that you understand all the terms and conditions. If necessary, you can consult with a local lawyer or real estate agent to help you navigate the process and ensure that your rights are protected," said one person in Khao Lak.

What is a typical expat home or apartment like in Khao Lak?

"A typical expat home or apartment in Khao Lak, is likely to be a modern, fully furnished living space with essential amenities such as air conditioning, Wi-Fi, and a fully equipped kitchen. These homes are often located in close proximity to the beach, local markets, and restaurants, offering a convenient and comfortable lifestyle. The living spaces can range from cozy studio apartments to spacious villas with private pools and gardens, depending on the preferences and budget of the expat. Many expat homes in Khao Lak also feature outdoor living areas, such as balconies or terraces, where residents can enjoy the tropical climate and picturesque surroundings. Additionally, some properties may be part of a gated community or a serviced apartment complex, providing added security and access to shared facilities like swimming pools, gyms, and laundry services," said one person in Khao Lak.

What is the average cost of housing in Khao Lak?

If you are thinking about moving to Khao Lak, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Khao Lak, can vary depending on the type of accommodation and location. For a budget traveler, guesthouses and hostels can be found for as low as $10 to $20 per night. Mid-range hotels and resorts typically range from $30 to $100 per night, while luxury accommodations can go upwards of $150 to $300 per night. Long-term rentals, such as apartments or villas, can be found for around $300 to $1,000 per month, depending on the size and amenities," said one person in Khao Lak.

Should I buy or rent a home in Khao Lak?

If you have not spent a lot of time in Khao Lak, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Khao Lak, depends on several factors, including your financial situation, long-term plans, and personal preferences. If you plan to stay in Khao Lak for an extended period and have the financial means, buying a home may be a good investment. Owning a property allows you to build equity, customize your living space, and potentially earn rental income if you decide to rent it out when you're not using it. Additionally, the real estate market in Thailand has been growing, which could lead to an increase in property value over time. On the other hand, renting a home in Khao Lak offers more flexibility and fewer responsibilities. If you're unsure about your long-term plans or don't want to commit to a large financial investment, renting may be the better option. Renting allows you to easily move if your circumstances change, and you won't have to worry about property maintenance or taxes. Moreover, renting can be more affordable in the short term, as you won't need to pay a large down payment or deal with the costs associated with homeownership. Ultimately, the decision to buy or rent a home in Khao Lak depends on your individual circumstances and preferences. Consider your financial situation, long-term plans, and the benefits and drawbacks of each option before making a decision," said one person in Khao Lak.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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