People who rent out their rooms via Airbnb on a daily or weekly basis are acting illegally, according to a recent court ruling handed down to the Wan Vayla Condo in Hua Hin district of Prachuap Khiri Khan province. The court ruled that people renting out their rooms have not obtained a licence to run […]
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Highlights The Bangkok condominium sector in 1H 2017 showed positive growth adversely to recent market concern about possible oversupply situation. Total number of new supply in 1H 2017 increased 39% to 30,493 units compared to 21,927 units in 1H 2016. On demand front, there were 27,275 condos sold in the first half of 2017, up […]
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It’s not a secret that Thailand’s real estate market is far less regulated than most Western countries, and even some Asian regions. That is why it’s important for property investors to rely on a credible third party with global reputation and expertise in the Thai property marketplace. RE/MAX CondoDee has established and created PhuketLux with […]
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We all look for great rental yield when we purchase property as an investment so Rental Yield Guarantee Programs are perfect for just that as you will receive rental yield per year guaranteed without having to do anything. Here are the main factors to consider when choosing Rental Yield Guarantee Programs for Investors in Phuket. Well-Established Management Team Please check that well-established management […]
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Property Ownership in Thailand in general, and in Phuket specifically, is efficient and easy to understand. Every project will have a percentage quota for Freehold and Leasehold: at least 51% of the project will have to be owned in Leasehold Ownership or by Thai citizens; remaining (up to maximum of 49%) of the project can […]
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Invest in Phuket Phuket’s beaches are hugely popular with tourists, expatriates, locals and retirees. The family friendly Rawai Beach is famous for its fish market and seafood restaurants while Nai Harn beach is more suited for swimming or walks around the lake. A few miles north are the wonderful beaches of Kata and Karon. Also, […]
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Manage Properties You Bought If you’re a serious real estate investor, or you want to get into investing for the first time, it’s very important to understand how to manage properties you bought effectively. Both Thailand and the United States are well-known for their booming real estate markets. Investing in either of these countries makes […]
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Based on Edmund Tie & Company Research Bangkok’s condominium market was upbeat, as demand showed signs of improvement. The pre-sale levels of new projects in the CBD averaged 67% in Q1 2017, higher than the 64% in Q1 2016. The average unit selling price for new condominium units was similar to Q4 2016 at THB246,380 […]
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Coworking is not only a modern-day ideology, but the conscious choice of many businesses. For some this choice is out of necessity, but for many it is out of design. Many of us rush to coffee shop hangout when we need to get some work done. If a place offer good coffee and free wifi, […]
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“Pre-Sale & Flip” Real Estate Investment – investing in pre-sale or pre-construction real estate – was proven to be profitable. You can always buy real estate at a fraction of the cost of a completed property. In Bangkok and some other area in Thailand, real estate will appreciate in value (increase price) before the project […]
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