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Buy to let Investments.
Hello, my name is Cees Cuijpers, I am Managing Partner of Town & Country Property. Town & Country Property is based in Pattaya City in Thailand. We’re in business since 1997. Today I would like to talk to you about Buy to Let properties. Have you ever considered that perhaps that might be a good investment. In the years that we have been in business here in Thailand we have a lot of properties in portfolio, not just properties for sale but also a lot of rental properties. A lot of our clients, our tenants are corporate clients so they will let a property for a long term, one year, two years, three years. Pattaya is based in the province of Chonburri and were neighbouring Laem Chabang which is Thailand’s biggest deep sea port. Luckily not visible but in the province of Chonburi there is also the most prominent industrial estates. Now a lot of people working on those industrial estates, they all need a property to live in and their focus point is mainly on the city of Pattaya because Pattaya with great infrastructure, not far from Thailand’s capitol, Bangkok is a great city to live therefore a lot of our clients decide to search and find a nice house or a nice condo to live in for a number of years. These rental clients are very good tenants in general. Because the companies are paying for all their expenses there is no grief of headache about service because if you used the service of a broker in the first instance to purchase a property then were able to probably link you up with a good tenant that will be living in the property for a longer term. The average returns on a rental property in Asia and specifically here in Pattaya are quite good. They fetch an average between 6, 8 and sometimes up to 10% net returns which gives you a great return on investment. If you want to know more about how to purchase a buy to let property or which property you should select, the one that ticks most of the boxes for tenants that are looking for them, please let me know. I’m happy to help you. Thank you.
The next post was first published on Investing in Thailand Real Estate Web Series, Buy to let Investments and is courtesy of My Travel Bay. Read more on: https://www.youtube.com/watch?v=oUGcd5dY6Gc