- Post your home for sale
- Sign up or Log in
THB - ฿
Learn more about the Krabi condo market through trends and average prices.
Renowned for its breathtaking natural resources, Krabi Province has established itself as more than just a tourist destination. This region is the bedrock of a sustainable agricultural industry that contributes significantly to the Andaman Sea coastal provinces' productivity. Its efficient transportation system facilitates easy access by car or plane, further enhancing its appeal.
The province also boasts of 22 operative ports, catering to both merchandise shipping and tourism. Complemented by comprehensive amenities, Krabi ensures the satisfaction of every individual's needs.
This combination of enticing attributes has spurred a surge in real estate development, with condominiums, detached houses, and townhouses springing up across the region. However, the real gem in Krabi's real estate crown is arguably the burgeoning real estate for sale market.
Being less costly than houses or land, condos have become an increasingly attractive investment for foreign buyers. The continuous construction of new condo projects testifies to this trend, and the Krabi area is now a hot target for condominium developments.
Looking to the future, the condo for sale market in Krabi is projected to expand even further, particularly into the Nong Thale and Khao Thong sub-districts. This promising outlook makes Krabi the perfect choice for expat homebuyers seeking a combination of comfort, convenience, and potential return on investment.
Investing in a condo in Krabi in 2023 presents a wealth of benefits, contributing to an enviable lifestyle while promising potential returns. Here are the 4 mainkey advantages to buy Krabi condo in 2023:
Krabi, a popular tourist magnet, anticipates a growing demand for condos in the years to come. This demand surge is likely to drive property appreciation, making condos in Krabi a worthy investment.
Despite its popularity, Krabi's real estate market remains relatively affordable compared to other tourist hotspots in Thailand. This economic advantage makes it an attractive choice for expat homebuyers seeking value for money.
High Quality of Life
With its stunning natural vistas, leisurely pace of life, and friendly local community, Krabi offers an unparalleled quality of life. Whether you're looking to work, retire, or simply enjoy life, Krabi is an ideal destination.
Access to Amenities
Krabi boasts a wide array of amenities. From hospitals and schools to shopping malls and restaurants, everything you need is within reach, making living in Krabi incredibly convenient.
Krabi's robust transport network ensures excellent connectivity with the rest of Thailand and beyond, by air, road, and sea. This ease of travel makes it effortless for residents and visitors to commute to and from Krabi.
Looking for the perfect condo? Look no further. Krabi, with its stunning landscapes, high quality of life, and comprehensive amenities, is an excellent choice. Beyond being an ideal home, it also presents a unique opportunity for investment, renting out, or providing a home for your offspring. Many of these condos are strategically located, just a short five-minute walk to the beach. Some even boast central areas featuring highlights such as infinity pools, adding to the allure of Krabi's condo market.
Krabi, a city renowned for its comprehensive amenities and captivating tourist attractions, has become a popular choice for expats. Among the many attractions that make Krabi appealing, the following stand out:
Thale Waek, one of the natural marvels in Krabi, is an unseen attraction that has placed Thailand on the world tourism map. This fascinating natural phenomenon reveals a line of raised white sand connecting three islands, including Ko Kai, Ko Mo, and Ko Thap, during low tide. However, this sand dune gradually submerges underwater as the tide rises, creating a dynamic and captivating sight to behold.
Railay Beach, a cliffside beach with powdery white sands, is a haven for tourists, particularly those with a passion for rock climbing. Divided into East Railay Beach (Ao Nam Mao) and West Railay Beach by seaside rocks and headland, it offers a unique blend of natural beauty and adventure.
Accommodation options abound along the beach, with many hotels and resorts only a 10-minute boat ride away from Ao Nang. This convenience, coupled with the breathtaking scenery and vibrant expat community, makes Railay Beach an ideal choice for expat living.
Whether you're planning to relocate or looking for a fantastic holiday destination, Krabi has it all. Explore our comprehensive guide for more insights and make the best out of your Krabi experience and Thailand in 2023.
Krabi, a gem in Thailand, provides an ideal locale for a leisurely and comfortable existence, replete with modern conveniences, delectable fresh seafood, and a plethora of tourist attractions. Its residents embrace a lifestyle marked by tranquility and a reasonable cost of living.
The province serves as a vibrant hub of employment opportunities, predominantly associated with tourism-related businesses. These range from houses, hotels, and condos to diving equipment outlets and souvenir shops. Apart from tourism, the local economy also thrives on agriculture and fishery sectors.
Everyone, from working professionals and families to the elderly, enjoys a commendable quality of life in Krabi. The Thai culture, with its deep roots in Indian traditions, significantly influences the lifestyle. Yet, Krabi's populace includes a significant number of descendants from Chinese immigrants, leading to a unique cultural blend.
Despite Buddhism's overarching influence on Thailand's culture, Krabi stands out with its eclectic mix of Muslim, Buddhist, and Chinese-Thai influences, and a small community of gypsies. This cultural diversity adds to the charm of the province.
Moreover, Krabi's fame extends beyond its unique lifestyle and culture. Its breathtaking beaches and islands are renowned for their scenic beauty. The city is also a hotspot for coral diving, thanks to its stunning coral reef landscapes, considered among the world's most beautiful.
In a nutshell, Krabi is a province where every lifestyle can find its place. For more information and advice on living in Krabi, visit Kai Baan Thai advice here.
The cost of living in Krabi Province is remarkably affordable, providing a comfortable lifestyle for individuals and families alike. The total monthly living expenses, including rent, are approximately $597 for a single person and $1742 for a family of four.
Without considering the rent, the monthly expenditure is around $354 for an individual and $1180 for a family. This includes utility bills, food, transportation, and other expenses. For utilities such as electricity, heating, and water, individuals can expect to pay around $29.3, whereas for families, the cost is approximately $44.9.
For those interested in renting, the average cost for a one-bedroom apartment in the city center is about $163, while a similar apartment in a less expensive area is approximately $199. A three-bedroom apartment in the city center would cost around $605, and in a less expensive area, the rent drops to about $468. For a comprehensive directory of rental options in Krabi, visit here for condos and here for houses.
The median after-tax salary in Krabi is $833, which can comfortably cover living expenses for 1.4 months. Ranked as one of the best places to live in the world, Krabi is the 29th largest city in Thailand, with an estimated population of 30.5K.
For those considering purchasing property in Krabi, the average price per square meter in the city center is about $2361. In contrast, the price drops to approximately $1462 per square meter in the suburbs. The mortgage interest rate for a 20-year term is around 4.98%. For a detailed list of properties for sale in Krabi, visit here.
The nearest airport is Krabi Airport, located just 9 km away from the city center. The city also boasts moderate air quality, with an average of 13.1 µg/m³. For more information and advice about life in Krabi Province, visit Kai Baan Thai property guide here.