Foreigners have always considered property in Thailand as holiday accommodation in a country with a comfortable climate. Although not so long ago many considered buying a home as a second home option, now an increasing number of foreigners are seeking to invest in overseas property to ensure a passive income. New apartments at the price of the developer bring wide opportunities:
the cost of apartments in new projects is considerably lower than at the time of commissioning;
capitalization for long-term investments;
getting passive income when renting out an apartment in a residential complex in Thailand.
For foreigners, the easiest way to make a profit is a short-term rental through a management company.
Apartments and flats at the price of the developer
Buy-to-live and buy-to-let new apartments are in demand throughout Thailand. The most popular regions amongst foreign buyers are Pattaya, Phuket, Bangkok, Krabi, Koh Samui. Returns on investment in these regions vary from 7 to 10% per annum. In addition, real estate agencies offering apartments for sale in Thailand note a steady increase in the cost of housing. In resort areas, the growth rate can reach 3–5% per year. Buying an apartment at the price of a developer in Thailand allows you to return your investment in a short time, especially considering that the property prices in the most popular resorts are quite affordable. For instance, the cost of a buy-to-let apartment in a residential complex starts from $100,000-120,000. A new family-sized apartment in Thailand will be a more expensive option since the cost depends not only on the degree of comfort of the unit but also on its living space.
New apartments in residential complexes in Thailand
Prices for apartments in new projects in Thailand are much more friendly comparing with similar properties in major European resorts. In addition, the local housing meets all quality standards:
The design complies with current European trends.
Increased attention is paid to the interior design of the condominium. Landscaping, recreation areas, playgrounds, fitness centers, swimming pools are just a few of the amenity options that developers are trying to take into account.
Apartments for sale from the developer in Thailand for foreigners are move-in ready: the kitchen is equipped with household appliances and built-in furniture.
Thai apartments from the developer will satisfy the most demanding buyer.
We will help you buy a new apartment in Thailand
Thailand-Real.Estate will help you buy a new apartment in Thailand. Our platform offers an ultimate collection of the very latest property deals. New apartments for sale in Thailand are offered by trusted local real estate agencies and developers. Prices in euros and dollars can be calculated directly on our website.
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