Location, location, location | Bangkok Post: business

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Location, location, location

Real estate experts say it's not how much a property costs but rather where it is that really counts.

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Location is the most important factor for choosing property for investment but be mindful of functionality and avoid overstretching your finances, say experts. 

Condominium models are on display at a recent housing fair n Bangkok. PATTARACHAI PEECHAPANICH

Prof Manop Bongsadadt of Chulalongkorn University's architecture faculty said location rather than price should compel investors to buy property. Long-term investment in property in a good location has high potential for gains. In general, land close to commercial areas increases in value in the long term as more people move to cities.

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