Tips for Investor
Thailand is the place where foreign investors from all over the world are always keeping an eye on for investment in real estate, for living, investing, trading and renting. The benefits for foreign investors to invest in Thailand are as follows:
Traveling in Bangkok and metropolitan areas has connected electrical train networks with plans to extend to the rural areas, including the expansion of transport systems, Bangsue central station and high-speed trains.
The real estate market in Thailand continues to grow rapidly, as the prices of real estate properties, especially on prime locations in the CBD, Sukhumvit, Silom, Sathorn, continue to rise. The valuation price has risen from the past and is highly likely to continue to rise in the future and investors see this opportunity to profit from real estate in Thailand.
High return here is referring to the return in rents of some projects or some projects; as much as 7-10% guarantee return on investment for buyers over 3-10 years which is a great marketing strategy as the buyer will reap maximum benefit without needing to worry about finding customers to rent, or in cases where the real estate is bought without any guarantee on return but can be managed by agencies to find rentees.
The Thai laws gives the right for foreigners to own 49% of the condominium, or if the foreigner owns more than the percentage specified, they can set up as a Thai company under a juristic person, which is another reason to attract foreign investors to buy real estate in Thailand.
Thai weather is warm all year round which is the reason why foreigners love to visit Thailand. The geographical features for Thailand include sea, mountains making it the ideal destination to relax and wind down, especially in Pattaya, Phuket, Chiang Mai, and Hua Hin, etc.
High return here is referring to the return in rents of some projects or some projects; as much as 7-10% guarantee return on investment for buyers over 3-10 years which is a great marketing strategy as the buyer will reap maximum benefit without needing to worry about finding customers to rent, or in cases where the real estate is bought without any guarantee on return but can be managed by agencies to find rentees.
Buying real estate whether for investment, renting or trading, follow these recommendations for better decision making and minimize the risk of investing:
In case you plan to buy to make profit from renting, always compare the return on rent per year with the interest that you will receive from the bank, e.g. 12 months fixed deposit and gather more information about the price of real estate in the same location in addition before you compare to find out which option is the more profitable one. Please note that apart from the selling price, there will also be other expenses such as interior decorations and common fees. Therefore, all costs must be considered before making the decision to invest. In addition, you will need to further research the return on rent, resell and choosing the best location for the room to maximize the chance of finding a rentee.
In case you plan to buy to make profit from renting, always compare the return on rent per year with the interest that you will receive from the bank, e.g. 12 months fixed deposit and gather more information about the price of real estate in the same location in addition before you compare to find out which option is the more profitable one. Please note that apart from the selling price, there will also be other expenses such as interior decorations and common fees. Therefore, all costs must be considered before making the decision to invest. In addition, you will need to further research the return on rent, resell and choosing the best location for the room to maximize the chance of finding a rentee.
Apart from the location factor, the quality of the project is important, the credibility of the developer and facilities of the real estate property is what the investor should pay attention to. A great real estate property must have the facilities that meet the needs and lifestyle of the customers, such as security systems, fitting environment, etc. It is very common to see many real estate developers today, especially condominiums emphasizing the common area in advertisements and public relations, including swimming pools, library, fitness, green space, in order to attract customers and investors.
We can now see that there are many options and factors to take into consideration in order to make the most out of your real estate investment. The knowledge of the asset that you are planning to invest in is not only beneficial for real estate investment but in all types of investment.
