There are many options in the world of investments - the main thing is not to make a mistake in choosing. In today's situation in the world, the only clear and stable instrument for preserving and obtaining added value remains real estate. Square meters are not confirmed by inflation, banking crises, currency devaluations and other economic surprises. 90% of real estate transactions in Pattaya are made with the aim of generating income from rental or future resale. If your goal is to generate income, then first of all you need to navigate the region of Thailand. By contacting https://malendo.property/ you will receive professional assistance in choosing real estate. If the purchase is made to use the apartment as a second home and short-term rental rental, then in Thailand the two most suitable resort areas are Phuket and Pattaya. Phuket is a large island with a distance of 690 km from Bangkok, 45 minutes by plane or 14 hours by car. Undoubtedly, it is a beautiful and wonderful place, but you need to evaluate the distance from the capital and the main air harbor of Suvarnaphum. And also the expensive cost of living on the island - gasoline, prices in restaurants are significantly higher than on the mainland. This is due to the fact that almost all products, building materials, and fuel are delivered from the central and northern regions of the country. The climate in Phuket is more humid and rainy. If you are planning to purchase a home solely for personal use, then your choice can be guided only by feelings and emotions. If the main goal is to generate income, then there are three main investment strategies:
- Buy SellWe are talking only about the quick resale of the contract during the construction process - from the foundation pit to the roof. It happens like this: we choose a new building at the very start of sales and at the lowest price, then we resell it at the last stage of construction. This is called assignment of the contract, since before taking ownership there is no need to draw up a new sales contract and pay taxes. The name in the contract simply changes, and the new owner already registers the apartment in his name.
Pros:
- fast money turnover
- high margin
- no payment of taxes and duties
- with high competition, you will not have time to resell before construction is completed, and you will have to take ownership, pay taxes and registration fees
- Buy-rent-sellThe apartment is purchased for further rental and income generation (not regular), and then resold at the maximum price after 7 years in order to avoid additional tax costs.
Pros:
- a total gain of 30-40% for at least 7 years
- use of the apartment for personal purposes
- no risks than in 1 strategy
- real estate that is popular for rent and you can earn a stable income, not a lot
- Buy – receive guaranteed incomeThe most optimal strategy can be compared to a bank deposit. When buying an apartment, the buyer signs a guaranteed rental contract for 5 or 10 years, which specifies the amount of monthly income, regardless of whether your apartment is rented or not. These are the concerns of the management company; you only receive regular and stable passive income. If you wish, after the guaranteed rental period expires, you can use the option to buy back your apartment. The developer himself will buy it back from you at 100% of the original cost.
Pros:
- regular and stable income
- apartment occupancy is not your headache
- you do not incur current utility costs
- impossibility of personal residence
- difficulties with resale of an apartment during the validity of a guaranteed rental contract