Is buying a property in Ari a good investment?

Last updated on December 20, 2023

Yes, the analysis of Bangkok's property market is included in our pack

If you've explored the charming streets and vibrant culture of Ari, you may have thought about settling down in this lively Bangkok neighborhood, experiencing its local charm and rich heritage.

Is it a good idea though? What's the current state of the real estate market in that area? Are property values appreciating or depreciating? Are investors seeing returns on their real estate investments? How's the demand for rentals?

We'll answer all these questions for you! When building and updating our property pack for Thailand, our team has been researching and surveying this area. In fact, there is significant customer interest in investing there. Therefore, we believe it would be beneficial to include some information about it in our property pack.

Why do property buyers like investing in Ari?

Ari, a neighborhood has emerged as a highly attractive location for property buyers, thanks to a combination of factors that set it apart from other real estate markets in the city and beyond.

One of the key attractions of Ari is its unique blend of urban living and a relaxed, almost laid-back atmosphere. Unlike the bustling commercial areas of Bangkok like Sukhumvit or Silom, Ari offers a more serene environment.

It's filled with tree-lined streets, quaint cafes, and boutique shops, which give it a distinctive character. This makes Ari particularly appealing for those who desire the convenience of city life without the incessant hustle and bustle.

Comparatively, Ari's real estate market is relatively more affordable than the more established, central districts of Bangkok. This affordability, coupled with its growing popularity, began to surge notably in the late 2010s.

Developers recognized the area's potential and started introducing high-quality condominium projects, which further fueled interest among buyers and investors.

What makes Ari continue to hold its appeal is its strategic location. It's well connected to other parts of Bangkok via the BTS Skytrain, making it easy for residents to commute. This accessibility is a significant factor for working professionals who need to travel to the city center for work.

Additionally, Ari is home to several international schools and hospitals, adding to its desirability for families.

The type of people attracted to Ari is diverse. You'll find young professionals, expatriates, and families drawn to the area for its modern conveniences, lifestyle offerings, and community vibe.

The neighborhood is also popular among artists and creative types, thanks to its vibrant street art scene and trendy hangouts.

However, it's important to consider some potential drawbacks. As Ari continues to grow in popularity, there's the risk of overdevelopment, which could lead to issues like increased traffic congestion and a strain on local infrastructure.

Additionally, the rising demand for properties in Ari could lead to higher real estate prices, which might gradually erode its current affordability advantage.

Overall, Ari stands out in Bangkok's real estate market for its unique combination of urban convenience, lifestyle appeal, and a relatively more relaxed atmosphere.

While it's important to be mindful of potential challenges, its current trajectory suggests that Ari will remain a sought-after location for a diverse range of property buyers.

Make a profitable investment in Bangkok

Better information leads to better decisions. Save time and money. Download our guide.

Why is Ari a nice place to live?

Ari has become a favorite spot for both locals and expatriates, thanks to its unique blend of lifestyle and culture.

This neighborhood, tucked away in the heart of Bangkok, offers a distinct charm that combines the vibrancy of city life with a more laid-back, community-focused atmosphere.

Living in Ari, you'll notice a lifestyle that's a mix of traditional Thai culture and modern, cosmopolitan influences. The streets are lined with a diverse range of dining options, from street food stalls serving authentic Thai cuisine to trendy cafes and international restaurants. This culinary diversity is a reflection of the area's cultural melting pot.

The expat community in Ari is thriving and diverse, comprising professionals, families, and retirees from various parts of the world. This multicultural environment contributes to the neighborhood's inclusive and welcoming vibe.

Expatriates often find it easy to integrate into the community, with numerous social groups and activities catering to their interests and needs.

In terms of living costs, Ari is often considered more affordable than Bangkok's more central districts like Sukhumvit or Sathorn.

However, with its growing popularity, rental and property prices have been on the rise. It's a balancing act between the area's desirability and the associated costs.

Safety in Ari is generally on par with other residential areas in Bangkok. Like any bustling urban area, it's wise to be mindful of your surroundings and take standard safety precautions, but overall, residents find it a secure place to live.

Ari's amenities and facilities are a major draw. For families, there are reputable schools such as the St. John’s International School and the Phayathai Palace School.

Health care needs are well-served by hospitals like Paolo Memorial Hospital and Vichaiyut Hospital. Shopping and leisure needs are catered to by local markets and nearby shopping centers like La Villa Ari and Phahon Yothin Place.

The quality of infrastructure in Ari is quite commendable. The roads are well-maintained, and utilities like electricity and water supply are reliable. Internet connectivity is excellent, which is a boon for professionals and digital nomads.

Accessibility is another of Ari's strengths. It's well connected to the rest of Bangkok. The Ari BTS station is the main hub for public transportation, making it easy to reach other parts of the city.

For travel beyond the city, the Don Mueang Airport and Suvarnabhumi Airport are accessible via expressways and public transport, ensuring that Ari isn’t too far from major travel gateways.

Public transportation options in Ari are abundant. The BTS Skytrain is the most popular choice for daily commutes, efficiently connecting residents to business districts and leisure spots.

Additionally, buses and taxis are readily available, and for shorter distances, many locals opt for motorbike taxis, which are a quick way to navigate through traffic.

How much does it cost to buy real estate in Ari?

If you need a detailed and updated analysis of the prices, rents and yields, you can get our full guide about real estate investment in Thailand.

When you're looking into buying property in Ari, it's important to understand the types of properties available and the dynamics of the market in this particular neighborhood.

Ari mainly offers a range of residential properties including apartments, condominiums, and, to a lesser extent, houses. The most common and in-demand properties are condominiums, given their affordability and practicality for urban living.

Apartments in Ari vary from modest units to luxury condos, catering to a wide range of preferences and budgets.

The price range for properties in Ari can vary significantly based on factors like the size of the property, its age, and the amenities offered. Generally, prices per square meter can range from approximately 80,000 to 200,000 Thai Baht. This wide range reflects the diversity in the types of properties available, from older, more affordable units to newer, high-end condominiums.

Over recent years, property values in Ari have seen a steady increase. This trend is attributed to the neighborhood’s growing popularity, its convenient location, and the influx of new developments. The area has been attracting a lot of attention from both developers and buyers, leading to a gradual rise in prices.

Speaking of developments, Ari has been undergoing significant transformation. New condominium projects have been introduced, offering modern amenities and luxury living options.

These developments, such as the Noble Around Ari and The Line Phahonyothin Park, are not only reshaping the skyline but also influencing property values in the area.

Looking ahead, the real estate market in Ari shows promising signs of continued growth. The ongoing and upcoming developments, along with the neighborhood's charm and strategic location, suggest that property values are likely to keep rising. This makes Ari an attractive option for both investors and homebuyers.

Several factors indicate the potential for an increase in property values in Ari. The continuous development of residential projects caters to a growing demand for urban living.

Moreover, improvements in infrastructure and accessibility, such as enhancements in public transportation, are making Ari more attractive.

Additionally, the neighborhood’s evolving lifestyle appeal, with more cafes, restaurants, and cultural spots, adds to its desirability.

Where is the best area to buy a property in Ari?

When you're considering buying a property in Ari, it's crucial to understand the nuances of different areas within this neighborhood.

Ari is known for its blend of modernity and traditional charm, but various parts of it offer distinct atmospheres, property types, and price ranges.

In the heart of Ari, close to the BTS station, you'll find the most vibrant atmosphere. This area is bustling with cafes, restaurants, and shops, making it ideal for those who enjoy a lively urban lifestyle. Properties here are predominantly modern condominiums, with a few older apartment buildings.

Due to the prime location and convenience, prices in this central area tend to be higher. If you're looking for the convenience of city living with easy access to public transport, this is the place to be.

Moving a bit away from the BTS station, you'll encounter quieter streets with a more relaxed vibe. These areas offer a mix of older houses and newer condominiums.

The prices here can be more moderate, offering a good balance between urban living and a more peaceful environment. This part of Ari is great for those who want to be close to the action but prefer a quieter living space.

For those interested in up-and-coming areas, the outskirts of Ari are gaining attention. These areas are seeing newer developments, often with more competitive pricing. They offer an opportunity for investment in a growing part of the neighborhood.

However, they may be a bit further from the main conveniences and the BTS, so it's a trade-off between price and location.

When looking for a property, areas around Soi Ari and along Phahonyothin Road are highly recommended. These areas offer a good mix of residential options, from high-rise condos to more exclusive townhouses, and the convenience of being close to both the BTS and local amenities.

On the contrary, areas that are farther away from the BTS station or main roads might not be as advisable for those who prioritize convenience and accessibility.

These areas can be quieter and offer lower prices, but they lack the convenience of easy transportation and immediate access to shops and restaurants.

Here is a summary table to help you visualize better. If you need more detailed data and information, please check our property pack for Thailand.

Area	Atmosphere	Property Types	Price Range	Recommendation
Central Ari (near BTS)	Vibrant, urban	Modern condominiums, older apartments	Higher	Great for those seeking convenience and city life
Outskirts of Ari	Up-and-coming, quieter	Newer developments	Moderate, more competitive	Ideal for investment in a growing area
Ari Soi, Phahonyothin Road	Balanced, accessible	Mix of high-rise condos, townhouses	Moderate to high	Recommended for a mix of tranquility and urban amenities
Far from BTS/main roads	Quieter, less accessible	Varied, including lower-priced options	Lower	Less advisable for those prioritizing convenience

Don't lose money on your property in Bangkok

100% of people who have lost money in Thailand have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

Is there a strong rental demand in Ari?

In Ari, there's indeed a strong demand for rental properties, but the nature of this demand varies depending on several factors, including the type of property and its location within the neighborhood.

Ari's rental market is characterized by a mix of both short-term and long-term rentals, but there's a noticeable inclination towards long-term leases. This trend is driven by the stable demand from expatriates and working professionals who prefer to settle in the area for extended periods.

These individuals often seek convenience and comfort, opting for properties that offer a balance between city living and a relaxed, community-focused environment.

The target demographic for rental properties in Ari primarily includes young professionals, both local and foreign, and small families. Expatriates form a significant portion of the potential tenant pool, attracted by Ari's cosmopolitan vibe and its proximity to international schools and embassies.

Additionally, the neighborhood's connectivity to other parts of Bangkok makes it appealing to working professionals who commute to the city's commercial centers.

In terms of property types, modern condominiums are highly sought after, especially those that are strategically located near the BTS Skytrain stations, like Ari and Sanam Pao stations. These properties are popular because they offer easy access to public transportation, which is a key consideration for many tenants.

Smaller one-bedroom and studio apartments are particularly in demand among single professionals, while larger two to three-bedroom units are preferred by families.

Specific areas within Ari that are popular for rentals include those around Soi Ari and along Phahonyothin Road. These locations are favored due to their blend of urban amenities and quieter, more residential atmospheres.

Regarding amenities, properties that come with added facilities such as a swimming pool, fitness center, and security services are more likely to attract tenants and reduce vacancy rates.

These amenities not only enhance the lifestyle of residents but also provide a sense of community and security, which are important factors for many renters.

The potential returns on investment for rental properties in Ari can be quite promising. While exact numbers can vary, landlords can expect a rental yield of around 4% to 6% annually, depending on the property type and its location. This estimation is based on the current demand and the average rental prices in the area.

Looking at the types of properties gaining more demand, well-maintained, modern condominiums with good facilities are increasingly popular.

These properties, especially those in prime locations near transportation hubs and lifestyle amenities, are likely to offer better yields due to their sustained demand.

Make sure you understand the real estate market in Bangkok

Don't rush into buying the wrong property in Thailand. Sit, relax and read our guide to avoid costly mistakes and make the best investment possible.

Is it easy to buy a property as foreigner in Ari?

Before we answer the question, please know that we have an article dedicated to the experience of buying real estate as a foreigner in Thailand.

Buying property in Ari, Bangkok as a foreigner involves navigating a set of regulations and understanding the local property market to make a successful investment.

Thailand, like many countries, has specific rules for foreign property buyers, which can affect the purchasing process and the types of properties available to them.

For instance, foreigners are generally not allowed to own land outright. However, they can own condominium units, as long as at least 51% of the building is owned by Thai nationals.

This makes condominiums a popular choice among foreign investors in areas like Ari. Another option is to lease land (typically for a period of 30 years, renewable) and then own the building constructed on it.

The purchasing process for foreigners in Ari is similar to that in other parts of Bangkok. It typically involves selecting a property, negotiating the price, signing a contract, and then transferring the funds.

An important step is the due diligence process, where the buyer must verify the legal status of the property, ensure there are no outstanding debts or legal issues, and confirm that the seller has the right to sell the property.

There are risks associated with property investment in Ari, as with any real estate market. These include potential fluctuations in the property market, changes in local property laws, and the impact of economic factors on rental yields and property values.

A unique risk in Thailand is the possibility of changes in land use regulations or development plans, which can affect property values.

Common pitfalls for foreign buyers in Thailand include overlooking the importance of due diligence, misunderstanding the legal process, and underestimating the importance of local market knowledge.

For instance, some foreigners might not be aware of the restrictions on land ownership or might neglect to properly check the property's legal documents.

Working with a local real estate agent or lawyer is highly recommended. They can provide valuable insights into the local market, assist with the legal aspects of the transaction, and help navigate the complexities of buying property as a foreigner in Thailand. Their expertise can be crucial in avoiding common pitfalls and ensuring a smooth purchasing process.

Common exit strategies for property investors in Ari include selling the property for capital gain or renting it out for a steady income stream. The rental market in Ari is quite robust, particularly for well-located condominiums, making it a viable strategy.

However, investors should be aware of the potential for market fluctuations and plan their exit strategy accordingly.