Choosing the Perfect Buy-To-Rent Condominium in Bangkok (Updated 2025 Guide)

During the period when interest rates on deposits are very low, it may be the best time to consider investing in rental property. While lucrative, renting out a condo or house can be time-consuming to manage yourself. Beyond being a source of passive income, owning rental property, such as a condominium, comes with many other benefits.

Before you decide to buy a condo for investment, it’s crucial to gather all the necessary information to find the right property that fits your needs and offers the best value for money. Choosing a condominium for sale located in the heart of the city, within walking distance to the subway or skytrain, near major shopping malls, groceries, specialty stores, and other services like banking, as well as international schools, hospitals, and parks, will be highly convenient for prospective tenants.

Next, define your target tenant. If you plan to rent out your condo to a foreigner, consider the demand and supply in the market and understand who you are trying to attract. Is your property suited to a student, professional, or family? For example, if you want to rent out your condo for 1 to 2 years to a young, working expat, refer to a spare room as ‘office space’ rather than ‘nursery room.’ Tailoring your property to meet the needs of your target tenant will make them feel valued and supported.

Determining the right rental price is also essential. The rental budgets of expats are often set by their employers. To reach this group, consider hiring a brokerage or agent who works with foreign companies, international government organizations, or embassies. These tenants typically prefer centrally located accommodations with convenient commutes, easy access to the skytrain, subway, or other public transport, and proximity to shopping malls, international schools, hospitals, and parks.

For example, rental budgets are often divided by the number of bedrooms:
1 bedroom - rental around THB 30,000 - 50,000
2 bedrooms - rental around THB 60,000 - 75,000
3 bedrooms - rental around THB 80,000 - 120,000

If you want to attract tenants with a budget of THB 40,000 per month, you should aim for a condominium with a rental yield of at least 4%. This means your purchase budget should be around THB 11 million, as THB 40,000 per month equates to THB 480,000 annually.

What Types of Condos for Rent Do Tenants Look For?
After setting a budget, consider the type of condominium that will appeal to tenants. For example, the room size should not be too small—ideally, a one-bedroom unit should be at least 45-55 square meters. The living room and bedroom should be separate, and the kitchen should be suitable for cooking, as most long-term tenants rent for about a year or more.

Condominiums for rent can be in high- or low-rise buildings, depending on the view. A good view can make the property easier to rent. For 1 or 2-bedroom condos, it’s recommended to have furniture ready for living. Additional amenities like beddings, linens, and complete electrical appliances can make the property more desirable.

Finding the right tenant for your property is easier with a trusted brokerage agency. WDX Properties offers comprehensive services to make the rental process hassle-free for both owners and tenants. With years of experience, we provide accurate, practical advice to help you maximize your investment.

Renting out a condominium is a long-term investment that can maintain the asset’s value and provide a stable return with low risk. However, managing a rental property comes with responsibilities. If your property is outside your city of residence or your portfolio has grown beyond your ability to manage, consider hiring a specialized company to handle all aspects of the rental process.

At WDX Properties, we pride ourselves on offering a superior real estate experience. Our team of experienced negotiators has in-depth market knowledge and provides a full range of services to ensure your property is rented out efficiently. Explore more listings with us and see why we stand out in Bangkok’s competitive property market.