What is the return on investment in Thai real estate?

Take several major cities in Thailand as a reference:

1. The average price of new apartments in Bangkok is around18,000 yuan/square meter. An ordinary one-bedroom apartment is about 600,000 yuan, with a monthly rent of about 4,000 yuan and a rental return rate of about 6%. Of course, the housing prices in different lots vary greatly, and the rental return rate is between 3.97%-7.4 1%. The buildings along the light rail and subway are the most popular, and the price in the prime location in the city center is the highest, reaching tens of thousands of yuan per square meter.

2. Pattaya real estate tenants mainly pay long-term rent to European and American guests, with good quality and high rent. Generally, the house price is relatively low, with an average price of10.2 million yuan /m2. There is no pool area, and it is finely decorated, which is equivalent to the domestic rough house price of about 8,000 yuan /m2. The average one-bedroom apartment is about 400,000, the monthly rent is about 3,600, and the rental return rate is about 8%. Investing in real estate in Pattaya can be described as using the price of fourth-tier cities and enjoying the rent of first-tier cities.

Phuket is the most expensive area in Thailand. There are many hills and few flats on the island, and the supply of real estate projects is limited, so the house price is relatively high, with an average price of10.5 million yuan /m2. It is also finely decorated, and the rent is close to Pattaya. However, due to the high probability of rainy season and heavy rainfall in Phuket, the tourist season is obvious, and the rental rate is low in the off-season (May-165438+1October). An ordinary one-bedroom apartment costs about 560,000 yuan, the monthly rent is about 3,800 yuan, and the rental return rate is about 6.5%.

4. The house price in Chiang Mai is not high. The average price of newly-built finely decorated apartments is 8,000-9,000 yuan /m2, and the rent is not high. Tenants are mainly elderly and holiday tourists from other places. An ordinary one-bedroom apartment costs about 280,000 yuan, the monthly rent is about 1.500 yuan, and the rental return rate is about 6%.