How to Use The Right Real Estate Property in Thailand
We would want to introduce you to two of the most viable real estate properties in Thailand: condominiums and villas. As part of the detrimental effects of COVID-19, developers continue to innovate and shift development focus to properties that are not only marketable, but could potentially result in revenue.
Condominiums
It is safe to say that condos are what’s in today’s market. While many seem to feel doubtful as to the long-term effect of this investment, there is no denying that there are a lot of benefits one can get when investing in this type of property. At the onset, condos are the easiest real estate foreign investors can purchase outright in Thailand. Apart from that, condominiums generally appreciate in value as time goes by. This is also the perfect option for those who are risk-averse and who would want to see greater return on investment in terms of long-term investment.
Needless to say, investment in condos generally means spending less and expecting to earn more. At (insert company name), one could put a price range of 1.5 mb to 200-300 mb per unit depending on the size, location, and other factors to consider in a unit. It also has a rental income for condominiums at 7%. Suffice to say, this is a pretty good investment as business is booming in key cities and provinces in Thailand.
Villas
Another real estate property to invest in are villas. Developers call villas the “hottest” option considering the promising benefits it brings in terms of business and other personal benefits. Currently, the market begins to shift to villas as it has seen to have better result value. For one, villas can become a steady source of income considering how their value appreciates over time. It is also highly marketable as it appears more secure compared to apartments and other similar properties. It also promises better amenities that promote better wellness and lifestyle. Villas are generally considered a place where comfort marries security.
At IBG Property, we offer a number of choices where you can invest in this type of property. Its price range is from 4 MB to 1,000 MB depending on the size, location, and other factors to consider when purchasing a property. A good income of around 5.5% could also be expected from this real-estate type. And with villas being “in” in Thailand, this could be a safe investment bet.
Land plot and official building
Another real estate property to invest in are land plot and official building, the buyer mostly looks for these kind properties with some special purposes, business or investment
Real Estate for Sales in Thailand https://ibgproperty.com
Real Estate for Sales in Phuket https://ibgproperty.com