Thailand real estate - a Profitable investment

Buying property in Thailand - best investment.

Buying property Thailand many Russians perceived as a profitable investment.
Our compatriots, buying a house or apartment in this country, plan to rent it in between your visits and to obtain stably high income.

It is important to understand the difference between a Villa and an apartment in the condominium.

Property in land (house, Villa) is often rented for long term at least 6 months. Long-term lease in terms of square meter of housing is always lower than the short-term, but it ensures a steady constant income.

To rent an apartment is much easier – they are often rented to tourists coming for a couple of weeks to relax by the sea. However, the apartment must be prepared for leasing, and it is well furnished and equipped with appliances. Standard set includes furniture, safety Deposit box, kitchen with crockery, washing machine, refrigerator, microwave. Equally important is the location of the condo - the closer it is to the sea, the greater the rental prospects.

Note that in any case the profitability of housing delivery rent may not be more than 7-8% per annum. These are the realities of the real estate market in Thailand.

The more expensive apartment or Villa, the lower the yield. For example, a condominium purchased for 1 million baht for rent: for 7-9 thousand per month, and house worth 3.5 million will bring only 15-20 thousand baht. And some of them must be paid to the realtors who are engaged in search of tenants. This paradox is quite natural, especially if to take into account the seasonal factor. So, in Phuket town , where real estate is wide, but the seasonality is more pronounced than, for example, in Pattaya in the off-season (which lasts six months) the rent is reduced by at least 1.5 times.

Nevertheless, the delivery of housing in the arena in this country can benefit, especially if the housing is not used by you for permanent residence therein.

Therefore, buying property Thailand, even the smallest, but located in a good location always ensures You receive a good income throughout the year.