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Real Estate in Rayong, Thailand | Expat Exchange
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Real Estate in Rayong, Thailand

By Betsy Burlingame

Last updated on Jun 04, 2023

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

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How do I find a place to live in Rayong?

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

"Finding a place to live in Rayong involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large house, depending on your needs and financial capabilities. Next, you should research the different areas of Rayong to find a neighborhood that suits your lifestyle and preferences. Some areas may be closer to the beach, while others may be more urban or closer to certain amenities like schools or shopping centers. Once you have a general idea of where you'd like to live, you can start your search for specific properties. There are several online real estate portals that list properties for rent or sale in Rayong, such as DDProperty, Hipflat, and Property Thailand. These websites allow you to filter your search based on factors like price, size, and location. In addition to online searches, you can also work with a local real estate agent. They can provide valuable insight into the local market and help you find properties that may not be listed online. Once you've found a property you're interested in, you should arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you may have. If you're satisfied with the property, you can then proceed to negotiate the terms of the lease or purchase with the landlord or seller. This will typically involve discussing the price, the length of the lease, and any other conditions. Finally, once you've agreed on the terms, you can sign the contract and make any necessary payments. This will typically involve paying a deposit and the first month's rent for a rental property, or a down payment for a property purchase. Remember to always read any contract thoroughly before signing, and consider seeking legal advice if you're unsure about anything," explained one person living in Rayong, Thailand.

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What is a typical expat home or apartment like in Rayong?

"A typical expat home or apartment in Rayong, is often located in a secure complex or gated community, providing a sense of safety and community for expats. These homes are usually modern and spacious, with multiple bedrooms, bathrooms, and a fully equipped kitchen. They often come furnished, with air conditioning, high-speed internet, and cable TV. Some apartments may also have balconies with views of the city or the ocean. The complexes often provide a range of amenities such as swimming pools, fitness centers, and communal gardens. Some may also have convenience stores, restaurants, and laundry services on-site. The location of these homes is also a key feature. Many are situated close to international schools, shopping centers, hospitals, and other essential services, making daily life more convenient for expats. They are also often located near the beach, allowing expats to enjoy the coastal lifestyle that Rayong offers. Despite being modern and well-located, these homes are usually quite affordable compared to similar properties in Western countries. This, combined with the low cost of living in Rayong, makes it an attractive place for expats to live. In terms of style, these homes often blend modern design with traditional Thai elements. This can be seen in the use of local materials, the incorporation of indoor-outdoor living spaces, and the inclusion of Thai art and decor. Overall, a typical expat home in Rayong offers a comfortable, convenient, and affordable lifestyle, with a touch of Thai charm," remarked one foreigner who made the move to Rayong.

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What is the average cost of housing in Rayong?

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

"The average cost of housing in Rayong can vary greatly depending on the type and location of the property. For instance, a one-bedroom apartment in the city center may cost around $300 per month, while the same type of apartment outside the city center may cost around $200 per month. If you're looking to buy property, the price per square meter in the city center is approximately $1,500, while outside the city center it's around $800. However, these prices can fluctuate based on market conditions and other factors," explained one expat living in Rayong, Thailand.

Should I buy or rent a home in Rayong?

If you have not spent a lot of time in Rayong, 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 Rayong, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Rayong for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Rayong for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also doesn't require a large upfront investment like buying a home does. Additionally, as a foreigner, buying property in Thailand can be complex. Thai law restricts foreigners from directly owning land. However, foreigners can own buildings or apartments outright, or hold land through certain types of companies or long-term leases. Therefore, it's crucial to seek legal advice and thoroughly understand the property laws in Thailand before deciding to buy a home. In conclusion, both buying and renting a home in Rayong have their pros and cons. It's essential to consider your financial capability, duration of stay, and understand the local property laws before making a decision," remarked one foreigner who made the move to Rayong.

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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