Properties in Thimphu

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Thimphu

Thimphu was declared the capital city of Bhutan in 1961. It is a fast developing city that is quickly becoming a popular travel destination. The climate in Thimphu is quite conducive. Although the winters are really cold, they tend to remain dry. While the summer months in Thimphu are hot and humid. The best time to take a trip to Thimphu would be between the months of March, April, May, September and October.

Real Estate in Thimphu

The cost of real estate in Thimphu largely depends on the location. Since it is a city that is developing at a fast rate, the prices tend to fluctuate. The sooner you decide to invest in Thimphu, the better because this will avoid you having to buy or lease property once the prices have already shot up. With the property boom in Thimphu, the residential area takes about thirty eight percent of the city. Administrative buildings take up about nine percent of the city while four percent of the city is made up of commercial buildings. Educational and health structures take up about ten percent of Thimphu. As a foreigner, you could choose to either lease or buy property. If you are buying a house, the most popular method to finance it is through a mortgage. There are also a lot of vacation properties up for leasing for short term leaving you as a tourist a number of options.

Getting to and around Thimphu

The country has one solitary airport that is located about an hour away from the capital city. Once you arrive at Thimphu, you can choose to drive yourself or get about using buses or taxi cabs.

Where to stay

There are several places you could choose to stay in when you are visiting Thimphu. The choice will all depend on your budget. If you are pinching pennies, then you could choose to stay at the hotel Ghasel or the hotel Noring. They are both located within the city and a single room costs less than 500Nu. For those who can afford medium priced accommodation, you could book your stay at the Hotel Jumolhari or the Hotel Motithang. Here you can find standard rooms ranging from 2000Nu to 2500Nu. For those who have no budget constrictions, the Taj Tashi or the Amankora Thimphu could prove to be excellent options. The rates at the former hotel start at 375 dollars per night while the rates at the latter start at 1000 dollars.

Local News

Lifeline project claims 20 so far - Kuensel, Buhutan's National Newspaper
Published 10:45, 27th January GMT

In search of a giant panda - Kuensel, Buhutan's National Newspaper
Published 08:46, 27th January GMT

Tourist guide held for knifing incident - Kuensel, Buhutan's National Newspaper
Published 05:24, 26th January GMT

Bird flu hits Thimphu - Kuensel, Buhutan's National Newspaper
Published 11:48, 14th January GMT

HPAI Reported in Thimphu and Chhukha District - ThePoultrySite.com
Published 07:17, 19th January GMT

Government must control spread of bird flu from infected dzongkhags - Kuensel, Buhutan's National Newspaper
Published 05:27, 23rd January GMT

New town, old problem - Kuensel, Buhutan's National Newspaper
Published 05:36, 27th January GMT

Why size matters - Kuensel, Buhutan's National Newspaper
Published 19:49, 27th January GMT


- retrieved via Google News