Property maintenance
Today, let's discuss what costs you might encounter when buying property in Thailand and how to calculate them correctly to avoid any unpleasant surprises. Understanding all potential expenses is key to a successful purchase.
This article is for those considering what to do after purchasing property in Phuket. Should you manage the property yourself, sign a contract with a hotel operator, or hand it over to a real estate agency?
The Phuket real estate market has seen significant changes over the past eight years. Previously, small property management companies and private owners dominated the market, renting out apartments through personal connections, social networks, or aggregators.
Choosing a high-yield property complex is an important decision that requires thorough evaluation. Promises of guaranteed high returns should always be carefully checked, as the result can depend on many factors. Let's take a closer look at the key aspects to consider for making the right choice.
What can investors expect when buying a villa for income generation? Are expectations aligned with reality, and is buying a villa a good way to make money?
The annual maintenance cost for an apartment located in a Thai resort complex is approximately $1,950, depending on the size of the property, infrastructure of the complex, regional tariffs, and consumption of resources and services.
А rental pool is a profit-sharing scheme where the actual rental income is distributed between investors and the management company. The annual rental income from all the apartments in the condominium is pooled into the management company’s account and then distributed according to one of two models during the reporting period
Buying and maintaining real estate requires a careful approach, especially if you plan to earn income by renting out the property. It is important to understand that minimizing expenses directly impacts increasing profits. However, many buyers often overlook this and rely solely on promises of guaranteed returns of 7-10% annually.