you are misleading investors and retail buyers. Plus Bangkok home prices have continued increasing from 2014 to today. Also, there is going to be inflation: buying a good resale (not a new off plan) can guarantee good returns in both cash flows (rentals) and capital gain. Then, there are the usual risks of investments. It’s always better to study the market and the single buildings / areas and diversificate the investments with other territories.
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.
From what you said, I think elite might be the best option, you can dm me I had a similar experience and I eventually chose the elite. Smart and LTR are very difficult to obtain.
We really can avoid anti lgbtq people. Why should the country accept a person who doesn’t respect other individuals? That screams red flags for hate crimes.
thanks for the feedback. I understand the point but I don’t agree on the assumption that “true” tourists do not own properties. It’s just not factual. However I understand that perception of this fact can vary. Thanks