What should a foreigner consider when renting out a condo in Bangkok, Thailand?

These days agoda/ bookings. Com will take most of the rental money, if not the rental agent will,and maintenance / strata the rest. Not a good investment to make money. But may provide you with the lifestyle you want.

One of the things you need to consider is the state of the juristic body and its rules. Some blocks fall into disrepair as people buy them but dont pay the maintainence, and under the rules it can be very hard to recover the funds until the unit is sold, In the meantime the maintainence falls behind. Have a close look at the Block Balance sheets begore buying.

We own a condo in Sukhumvit Bangkok and when we were looking the agent told us if you are looking to rent location is important. We rented our out for a few years with good returns before we retired and spent more time in Bangkok. Important to look at how well the block you are looking at has been maintained some better than others.. You need to understand that it is not easy to re-sell condos in Thailand, it's not like home. We are currently selling our condo which is well priced for quick sale yet we have only had two viewings in six months. PM me if you have any specific questions, I will try and answer.

If you live in Bangkok, maybe. If you don't it sounds like major aggravation for little return or a huge loss. Stick your money in a bank, earn some interest and have no hassle.

Just make sure the condo development allows rentals by owners.

From what I understand you can only rent out your own property as a foreigner private owner for 2 weeks ish. It can't be a regular income or appear as a business.

I am doing with two units in Bangkok and currently yielding 8%. One has been renovated and the other one only decorated .

I have properties also abroad and I must say this was much easier than in other western countries.

I own two properties and I have rented both of them in one day to people I knew, and I plan to sell in a few years. I am a small investor and always happy to talk with like minded people. Most of FB users are not brave or experienced enough to understand the perks of investing here.

- no notary

- low taxes

- private property Is secured

- condo are professionally managed

- GDP will be +38% in 5 years

- rents are booming

Even if supply is increasing, if you consider just a 2% value appreciation each year, with a % net return by the rentals, you are going to earn a good return and cash flow. Plus having a home in Bangkok can be a great plan Z for investors and entrepreneurs who face uncertainty.

Best advice I can give is don't do it. Have you seen the number of new condo developments springing up everywhere in Bangkok? Bangkok is not known as a city where you can make a killing on real estate. There are so many empty apartments and rents are very low. Resale values also stagnate, as new investors want to buy new, not old.