Should I buy or rent a home in Nonthaburi?

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

"We bought a condo, but it is in are family name, then we went and bought another condo and put this in my wife's name - she is Thai. We had to pay cash for the condo, because you cannot even get a short term loan in Thailand. Even if you make 80% more than most Thai people coming in every month, the only way to get a loan is to be working even if you only may 10,000 baht a week, it's better than 200,000 baht in the bank," remarked another expat in Nonthaburi, Thailand.

"Buying a home in Nonthaburi can be a great investment, as the area is growing in popularity and property values are likely to increase over time. However, it is important to consider the cost of living in the area, as well as the availability of rental properties, before making a decision. Renting a home in Nonthaburi can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Nonthaburi should be based on individual needs and preferences," said a member in Nonthaburi, Thailand.

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