Why Thailand?
Thailand is known as one of the world’s best holiday destinations, but it is also one of the most affordable and lucrative real estate markets. Foreigners can own condos and apartments; the current purchasing price is lower than pre-pandemic and the rental market remains strong.
These are just some of the reasons why investors select Thailand property for rental income and retirement.
Buyer & Landlord Market
Thailand real estate is a buyer’s market meaning that buyers have more choices and more power to negotiate conditions with the sellers.
Thailand’s real estate industry remains mostly unregulated, and landlords have more rights than the tenants. As a landlord you have more rights when it comes to adjusting the rent, establishing additional conditions or the rent and even evicting the unpaying or troublemaking tenant
Best Buy-to-Let ratio
According to Global Property Guide, Thailand is ranked as a 4* destination when it comes to buy-to-let ratio. The gross annual rental yield is 5.13%, higher than most of the countries in Asia.
Low buyer cost
Global Property Market guide estimates that the buyer's cost to purchase property in Thailand is significantly lower than in many other countries. Buying costs are very low at the moment (2% of the purchasing price + lawyer fees).