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Real Estate in Koh Lanta, Thailand | Expat Exchange
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Real Estate in Koh Lanta, Thailand

By Betsy Burlingame

Last updated on Apr 18, 2024

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

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How do I find a place to live in Koh Lanta?

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

"Finding a place to live in Koh Lanta involves several steps. First, you need to decide on the type of accommodation you want. This could range from a simple bungalow to a luxury villa. Next, you should research online to get an idea of what's available. Websites like Airbnb, Booking.com, and Agoda can provide a wide range of options. You can filter your search based on your preferences such as location, price, and amenities. Another option is to use local real estate agencies. They can provide listings that may not be available online. You can find these agencies through a simple Google search or by asking for recommendations from locals or expats. Social media can also be a useful tool. There are several Facebook groups dedicated to housing in Koh Lanta where people often post available rentals. Once you've found a few potential options, it's important to visit the places in person. This will give you a better feel for the area and the condition of the property. When you've decided on a place, you'll need to negotiate the terms of the lease. This usually involves discussing the price, length of stay, and any other conditions. Finally, once everything is agreed upon, you'll sign the lease and make any necessary payments. This typically includes a deposit and the first month's rent. Remember, it's important to read any contract thoroughly before signing and to ask any questions you may have. It's also a good idea to take photos of the property before moving in to document its condition," said one person in Koh Lanta.

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What is a typical expat home or apartment like in Koh Lanta?

"A typical expat home or apartment in Koh Lanta, is often a blend of traditional Thai architecture and modern Western comforts. These homes are usually located in close proximity to the beach, offering stunning sea views. They are often surrounded by lush tropical gardens, providing a sense of tranquility and privacy. The homes are typically spacious, with open-plan living areas, high ceilings, and large windows to let in natural light and fresh air. They often have two or more bedrooms, a fully equipped kitchen, and a comfortable living room. Some homes may also have a private pool or access to a communal pool. The interior design often reflects Thai culture, with wooden furniture, Thai silk cushions, and local artwork. However, modern amenities such as air conditioning, Wi-Fi, and flat-screen TVs are usually included for comfort and convenience. Many expat homes in Koh Lanta also come with a balcony or terrace, perfect for outdoor dining or simply relaxing while enjoying the tropical climate. Some may even have a rooftop terrace, providing panoramic views of the surrounding landscape. Despite being located in a tropical paradise, these homes are also practical. They often come with a laundry room, storage space, and a parking area. Some may also have a maid's room or a guest room. In terms of location, many expat homes are situated in expat-friendly neighborhoods, close to international schools, supermarkets, restaurants, and healthcare facilities. This makes it convenient for expats to access essential services and mingle with the local expat community. In summary, a typical expat home in Koh Lanta offers a comfortable and convenient lifestyle, combining the charm of Thai culture with the comforts of modern living, all set in a stunning tropical environment," said one person in Koh Lanta.

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What is the average cost of housing in Koh Lanta?

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

"The average cost of housing in Koh Lanta can vary greatly depending on the type of accommodation. For a basic one-bedroom apartment in the city center, you might expect to pay a relatively low monthly rent. However, a larger, more luxurious villa or house can cost significantly more. The cost can also fluctuate depending on the season, with prices generally higher during the peak tourist season. It's also worth noting that buying property can be a complex process for foreigners in Thailand, so many choose to rent instead," remarked one member in Koh Lanta.

Should I buy or rent a home in Koh Lanta?

If you have not spent a lot of time in Koh Lanta, 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 Koh Lanta, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Koh Lanta for a long period or frequently visit, buying a home could be a good investment. Owning a property allows you to have a permanent base, gives you the freedom to customize your space, and could potentially provide rental income if you choose to rent it out when you're not there. On the other hand, renting a home in Koh Lanta offers more flexibility. It's a good option if you're not sure how long you'll be staying or if you prefer not to have the responsibilities and costs associated with homeownership. Renting can also be a more affordable option in the short term, as it doesn't require a large upfront investment. It's also important to consider the legal aspects of buying property in Thailand. Foreigners are generally not allowed to own land in Thailand, although they can own the building on the land. Therefore, you might need to navigate complex legal structures or enter into a long-term lease. Before making a decision, it's recommended to do thorough research, consider your options carefully, and seek advice from real estate professionals or legal advisors," explained one expat living in Koh Lanta, Thailand.

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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