If you’ve visited Bangkok, you know the signs of a city that’s constantly in motion.
The roar of the Skytrain overhead. The rhythm thumping from a rooftop bar. The loud chattering and sizzling meat at a local food market.
This electric energy isn’t just exciting for tourists; for an entrepreneur, it signals immense opportunity.
As a foreigner, you may be wondering: Is it possible for me to rent commercial property in Bangkok? The simple answer is yes.
Understanding Foreign Ownership Laws in Thailand
Renting property or serviced apartments in Bangkok is an easy and straightforward process. In fact, the ‘Land of Smiles’ places no specific legal restrictions on foreigners renting property, inviting them to establish a presence or make a home here.
While foreigners cannot own land directly, there are various ways you can secure long-term property rights, such as leasing, setting up a Thai company, or buying a condominium.
Available Commercial Property Options in Bangkok
When it comes to renting commercial property in Bangkok, the options are vast. The real estate market is thriving, and there’s something out there for everyone.
During your search, you’ll find everything from modern office buildings and shopfronts to commercial units and coworking spaces.
Here are three prime and highly well-connected real estate locations to explore:
Silom
Known as Bangkok’s key business district, Silom is bustling with high-rise office buildings, bank headquarters, shopping malls, and embassies.
Sukhumvit
This neighbourhood is recognised for its entertainment, lively restaurants, vibrant nightlife and endless shopping.
Sathorn
Another major business hub, Sathorn is home to one of Bangkok’s most famous parks, numerous office buildings, and upscale residential living.
At Kasemkij, we provide short and long-stay apartments for rent in the most sought-after and prestigious locations in Bangkok, including Sukhumvit and Ploenchit. In addition to our residential offerings, our Kasemkij Building boasts a range of office sizes in a prime, strategic location ideal for growing your business.
Leasing vs. Buying – What Are the Rules?
Before making a decision, it’s crucial to understand the distinction between leasing and buying in Thailand.
Leasing
The most common and viable way to secure property rights for any foreigner is through a leasehold agreement. Formal lease agreements can last up to 30 years and can include renewal options, providing the long-term security you may be seeking.
Buying
For those seeking a greater degree of control, a common method is to set up a Thai limited company to purchase the land. However, this legal structure requires that at least 51% of the company’s shares be held by Thai nationals.
Why Bangkok Is a Prime Location for Commercial Property Investment
Bangkok has emerged as a prime location for commercial property investment due to its strategic location in Southeast Asia, strong tourism industry, and prosperous business sector.
As a major tourist hotspot where the demand for rental properties is continuously increasing, the city presents many opportunities for entrepreneurs to tap into the thriving hospitality and rental markets.
Why Choose Kasemkij for Commercial Rentals in Bangkok
Whether you’re looking for monthly rental apartments or commercial property in Bangkok, Kasemkij offers unrivalled rental properties in the city’s most convenient and accessible locations.
Our attentive team will help you discover the perfect commercial property for rent in Bangkok that meets all your needs and requirements.
Contact us today to create a base in one of Southeast Asia’s most striking cities.
