T
TCproperty
New Member
Let us have a look at Pattaya, Thailand.
It is approximately 53 square kilometers big, with over 100,000 registered civilians, takes on over 5,000,000 tourists per year. With this amount of visitors, whether is it a day's visit or a week's visit and sometimes over a couple of months; these tourists provide income for the people of Pattaya.
One way to gain capital from all these influx of people to and fro from Pattaya, is of course, investing in properties.
What are the good parts of investing in Thailand? Well, first of all, there is a high yield in properties in both Bangkok and in Thailand. For example, the Rental yield for a price of approximately $2,495 per sq.m. Another great thing about investing in Thailand and in Pattaya, is that the market is a pro-landlord rental market. On top of that there are unusually low prices offer for buying opportunity.
Now, if there is the good, then there must be the bad. There are three things that makes a Thai property market quite complicated but if you have the "know-how's" you can conquer them, without a problem; make sure you fully understand the Thai property, landlord and tenant laws. Having said that, there is a complicated buying process, and foreigners are not permitted to buy land and, we have all seen it on television and read it on newspapers- the political scene of Thailand is not very stable. However, there is no worry in worrying about this because where there is a will, there is a way.
Share your thoughts!
It is approximately 53 square kilometers big, with over 100,000 registered civilians, takes on over 5,000,000 tourists per year. With this amount of visitors, whether is it a day's visit or a week's visit and sometimes over a couple of months; these tourists provide income for the people of Pattaya.
One way to gain capital from all these influx of people to and fro from Pattaya, is of course, investing in properties.
What are the good parts of investing in Thailand? Well, first of all, there is a high yield in properties in both Bangkok and in Thailand. For example, the Rental yield for a price of approximately $2,495 per sq.m. Another great thing about investing in Thailand and in Pattaya, is that the market is a pro-landlord rental market. On top of that there are unusually low prices offer for buying opportunity.
Now, if there is the good, then there must be the bad. There are three things that makes a Thai property market quite complicated but if you have the "know-how's" you can conquer them, without a problem; make sure you fully understand the Thai property, landlord and tenant laws. Having said that, there is a complicated buying process, and foreigners are not permitted to buy land and, we have all seen it on television and read it on newspapers- the political scene of Thailand is not very stable. However, there is no worry in worrying about this because where there is a will, there is a way.
Share your thoughts!