Good Rental Returns in Bangkok Property Investments. Buying a condo is a good property investment in Bangkok. Make sure that you find condos found in areas that are popular to tenants. One should also consider expatriates and foreigners are looking for rental properties in the city.
According to a report, more than 90 percent of tenants paying rent more than Bt20000 a month are expatriates. Most expats in Thailand opt to rent instead of buying a condo because they are only in the country for a couple of years.
Good Rental Returns in Bangkok Property Investments
Locals and expatriates alike look for condos near MRT stations and BTS skytrain. They want to avoid the traffic jams and decide to look for condos near their workplace, train stations, restaurants, shops, and schools.
Getting Loans is Easy
After the 2007 to 2008 global financial crisis, banks have changed their loan guidelines that made it difficult to get a loan. However, through time, banks have started to make their guidelines more lenient. Not only that; banks provide low interest rates which are at their lowest levels in the last couple of years. In 2016, condo buyers can get a home loan with less than 4 percent interest rate.
There are lots of condos around Bangkok. If you decide to invest in one, you should do ample research. That way you are able to find the right one that suits your requirements and needs. It is a good real estate investment, especially if you choose to rent the unit out. You’ll get healthy rental returns, which make it an excellent property investment today and for years to come. The key is: Good Rental Returns in Bangkok Property Investments
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