Investing in Thailand: Touring Phuket Property Market in 2025
[music] Friends, greetings We are in Phuket I think everyone knows the phrase: “Thai is paradise.” People who have come to Thailand at least once, then they really want to come back here, firstly, and secondly, everyone begins to want to buy some little house here, some fork, some kind of air conditioner. Well, simply because it’s really impossible not to fall in love with Thailand. I flew to Phuket for the first time a year ago and since then I’ve been doing the same in the same way according to the classical scheme, firstly I want to come back here and secondly, I want to invest here And whoever subscribes to my Telegram channel, you probably remember what I said that I would like to study, as if for my own personal purposes, the Phuket real estate market And the guys from the Sunway Estates team responded to this message of mine and invited me to visit. They promised to show me everything, feed me, tell me everything And here I am, I’ve arrived I’m ready to study the Phuket real estate market And I invite you to do it with me [music] Let’s go friends Well, I’m glad Introduce you to my guides Phuhuket Alexey Alexander Sunway Estates Guys, let us first introduce the audience to you What Sunway States does and how you can be useful to people who want to buy real estate in Thailand Sunway States has been working in Thailand since 2010 and for 14 years has been offering a full range of services in the real estate industry in Thailand We have both the development of our own projects and control over the management of construction work as well as a real estate agency We are a full service agency We work in Bangkok on a bouquet and on Koh Samui A and we offer our clients investment real estate as well as real estate for their own residence. Guys, tell me, perhaps you haven’t regretted that you invited me to visit, we are very glad Kira and will be happy to show you and all our viewers the package from a new side. Listen, it’s great that I have
a lot of questions about the real estate market and I directly wrote it down for myself on three sheets of paper. So, with your permission, tomorrow we’ll start a tour of the island We have just three sheets of answers for you. Gorgeous Wonderful Guys The video promises to be absolutely educational and I hope it’s not boring I’m ready [music] Come on in Here we immediately find ourselves in the kitchen, living room, dining area What kind of spoons have you guys seen these spoons are very interesting spoons seem suitable for burying some treasures This is a very characteristic style of this developer and this particular layout of this particular type of pitchfork These are high wooden ceilings and tall sliding doors which you will not see almost anywhere Yes, the entire door is sliding both in front and in the back parts of the house And when sliding the doors you find yourself on the street area of the pool terrace, which creates an even larger open space, as if uniting the internal and external areas of the villa I’m a little afraid, but still I’ll ask how much such a villa costs, such a villa costs from 40 million baht This is if you buy it at an early stage, yes it is to buy it at an early stage If you buy it at an early stage And the down payment is 30% Further payment is made according to the schedule linked to construction progress and lasts from a year to two years, depending on what stage you are in which of the projects of this developer. But in general, the same developer has villas with similar specifications starting from $500,000, which is yes, there is a smaller plot area, fewer rooms, simpler finishing materials, there are no such high doors, high ceilings, but in general, the same developer also has beautiful gardens, good quality finishing materials And yes, it starts from about $500,000 This is the main master bedroom the master bedroom to see what size it is. Also surrounded by a large number of open stained glass windows, due to which a lot of sunny daylight and greenery comes in. Well, you can also get from it to the terrace area, onto the terrace and to the pool. Oh, you sit down like this after a hard day at work, you look and think about the eternal. How much 40 million is needed to start,
yes, for a start, only 30% You have 40 million, well, here we get to a closed area with a lawn or garden pool Let's take a walk and see what's there Uchnyakh yes, the street kitchen is just a thrill. Very relevant especially for those who come to this climate from winter countries. Yeah. Many people prefer to cook outside. The villa is still being completed here. So we see just a barbecue area is being installed, a recreation area is open here Well, the pool is Beauty And how many of these little forks will be in the complex in this complex, if I’m not mistaken, I think about 50 villas But in general, the developer has about seven projects now moving in parallel with a different number of villas in different price categories and in about five different designs [music] [music] [music] I saw here the figures of 400,000 Russians over the last year fucking visited Why do you think people come here, what is the uniqueness of the island? I would even say that this figure is higher and it will probably exceed it again this year. We recently talked with our familiar
tour operators and the increase there is expected to be up to 30% and higher compared to last year. That is, it seems to me that there is a possibility of exceeding a million for citizens of Russia and the CIS. Why is it popular, but probably partly it is the limited geography of travel now, but in the winter, Thailand has always been we are in the top and even before all the restrictions Therefore, if we talk specifically about the bouquet, I can say that it is definitely the development of infrastructure After Covid, the bouquet recovered very quickly. All hotels have been restored, new hotels are being built, a new villa fund is being built, which
was not previously available. These are villas of the class in which we are now. There was no such accommodation for a certain audience. This is also definitely an attracting factor. Next is another growing infrastructure.
This is the gastronomy fund on Phuket. from this it was opened after Covid And it definitely attracts more and more people here because there is a completely varied leisure time for absolutely everyone, both for families and for young couples, both for some kind of sporting events of organizations. That is, in principle, you can probably cover almost all the needs Phuket today — and what will it look like in ten years? Everyone’s talking about this now because … Phuket has changed so much—its infrastructure, its market conditions—it’s always been evolving As a holiday destination for tourists, we experienced the full range of offerings at several resorts. areas. And again, post‑COVID, the island’s infrastructure has changed so much that just recently we... We shortlisted properties and liaised with numerous developments—both for our own clients and on behalf of other buyers.
We work directly with the developers. And when it comes to villas, more than half of the buyers acquire them for their own personal use They don’t plan to resell or rent them out; they intend to keep them for themselves. Everyone’s talking about how many new properties are entering the market and what it will mean for Phuket as a whole. Over the past two years, construction activity has been incredibly high
the housing stock in Phuket is rapidly growing. And finding villas or quality new builds for rent is becoming almost impossible. …nearly impossible. That’s a fact anyone familiar with the market will confirm. And we’re not even talking about short-term holiday rentals… …we’re talking about long-term rentals—even those are hard to find during peak season. Take the Botanica Villas, where we are right now—” there’s a waiting list just to rent them long-term. Many people are ready to book months in advance… …many of the owners don’t even consider short-term rentals—they prefer long-term because it’s easier and more stable …more stable. This brings us back to the question of what’s next for Phuket. The island is changing so rapidly that… …it’s no longer just a tourist destination. More and more long-term residents are settling here—many of them foreign nationals who are becoming full-time islanders
…and not just foreigners. During COVID, we noticed a new trend: many Thais also started relocating to Phuket for long-term living.” were moving to Phuket as well. And this trend keeps growing year by year. Take me, for example—and many others like me… …many others. The presence of high-quality international schools is, once again, a key factor …as we mentioned earlier, this is a major attraction factor. It makes relocating here a comfortable option for almost anyone…
families. We have many acquaintances— not just from Russia or the CIS, but also from Hong Kong, Dubai, Singapore…” there are also many people from Europe. And when relocating here, in general, people don’t experience much discomfort. because there’s quality healthcare, international schools, yachts, golf, sports facilities, and more. Exactly. Almost all leisure needs are met, making it truly possible to live comfortably here.
included in the offer. That’s why there’s a lot of talk about what will happen with the market and the possibility of a bubble forming in the future. the real estate market. So far, the market shows that there won’t be any major issues. There is a small problem, though with traffic jams. Yeah, it’s a fact—we can’t avoid it. The local municipality is actively working on
solving this issue, but it will take years to fully address. That is, it’s a gradual process… projects are being planned for highways, overpasses, and road expansion tunnels, but this won’t happen overnight. Please tell me, on …Phuket, what investment strategy is the most common when a person buys property and then …either sells the property through transfer after increasing its value, or still prefers to rent it out for long-term income?” when a person buys property and rents it out for a long period of time. If we look at a cross-section of the market of our clients over the last three years, let's say, the majority of buyers still choose to hold onto their properties this property for themselves and continue to rent it out periodically, managing it on their own If we evaluate it in terms of profitability, we often see higher returns when.. reselling a property, as the value tends to grow most rapidly during the stage from zero to the completion of the property’s commissioning. This includes the improvement of the entire area. That’s when… the increase is the largest. And at this point, the investor receives the greatest profit if they decide to sell.
leaves the project. But when the project is really great and the buyer sees that, in principle, the finished property product completely satisfies him, he doesn’t want to sell it, because it’s not certain that he would get the same value if he resold it. money, after leaving the project, he will be able to buy something similar. Not everyone is willing to take the risk of short-term resale. term …profits. Therefore, an important factor here is likely the investor’s goals. Some investors are looking for quick returns, while others prefer long-term stability and value retention prefers shorter investment strategies, aiming for quicker returns.
; a little bit of a pyramidal structure, yes, where everyone buys at the primary level, hoping to sell at a higher price later. they are dumped and then no one needs the objects. Or are there such risks? We are all looking at Dubai now, yes, like it or not, it’s right there, that’s the kind of bass that can be heard on every corner, and there is just this pattern observed, what was promised to everyone and a completely different story is actually happening. Therefore, the question is absolutely correct, we can’t help but talk about it. I’ll answer here that if the project is chosen correctly,
there are a lot of projects in the market, yeah. If the project is chosen correctly, then we are sure that the buyer will sell this property will resell it with a profit Yeah, the question of growth will be correlated with many macroeconomic factors, the rate of exit. That is, here we can discuss whether it will be 10% or 50% Yeah, but we are sure that the investor will come out with a profit if we enter the stage at the right price in the right project. But of course there will be thousands of stories in the market, similar to what we are now seeing in Dubai, because of course, in terms of the number of launches, Phuket is now at its peak in its last 10 years. How to determine the correctness of the project what
characteristics we always pay attention to, well, first, this is according to all international characteristics of real estate Location location location yes this is number one Second we pay attention to the developer This is a very important criterion especially in a package where there are a lot of local developers there are a lot of new developers and there are certain factors that you can’t pay attention to That’s exactly when considering the developer Yeah, the developer means both the timing of the project and the quality of the project delivery and further maintenance of this project which will affect the long-term attractiveness investment That is, the location of the developer And the third is, of course, the price of entry Uh-huh And architectural design solutions That is, it should be something new and interesting that’s different from other competitors Uh-huh Well, what pitfalls can there be, let’s try to give a few examples, and if a person wants to independently select an object and what to rely on, well, again, even if we go through the above-mentioned factors that we focus on, a person must have a good understanding of locations to navigate That is, this is not just something about Bangtao is now popular, I’ll buy it there Well, to understand roughly, here is a rough map of development within Bangtao, what projects are planned to be launched in which areas of Bangtao, what competitors will there be? That is, the most important thing, the main problem is not a problem, well, so to speak, the factor that what is not taken into account is that, let’s say the launch of a project, an investor enters the project, the price seems to be growing, all the apartments are sold out, but here the same developer or another, as soon as this project is launched, he launches the second, third, fourth phase and at the cost of his conditions for installments or some bonuses, of course, he kills the investor’s profitability. That is, you need to understand what other neighboring launches are expected in the same area. This is saying this kind of insider information that the average person probably won’t find on the Internet. Uh-huh This is the developer and his track record [music] Sasha where we are now and we are at one of the holes on the golf course Laguna Golf Club And this golf course is located in Lagunaket E many of your listeners who were in Phuket know this area And this is an integrated resort area from the Banyan 3 group That is, this is a very popular very close area This is of course fantastic because I think that people who have not been here to Bangtao cannot imagine what Thailand can be so But it turns out, maybe yes, because it really all looks very luxurious and very expensive, yes, in principle, yes, it ’s expensive and luxri E listen, but the question is about the infrastructure. Visually, everything is very beautiful here. In terms of infrastructure in general, Phuket is how developed and Phuket in this regard is quite unique. That is, if we say in Bali or even Samui in Thailand, these are very beautiful islands
, but in terms of structure they are sufficient, but there is not much choice. The package in this regard has everything And as a rule everything is in several copies Uh-huh That is, here there is, in my opinion, all that plus international schools there are international hospitals there are shopping centers there are golf courses there are marinas for yachts That is, everything you need for life is here and is being built Sash, please tell me if a person came to Thailand according to the laws, how long can he stay here according to visa restrictions Kira, well, you have a multinational audience, that is, depending on the passport, there are different conditions here, but as a rule, that is, the standard is 60 days you can stay here and then you can shed for another 30 days, that is, only 90 Uh-huh And then you need to leave and enter back accordingly Oh yes, you can How could you go out and get a new Visval or Vistion Besides this, there are other options if you want to stay even longer That is, you can take a multiple-entry tourist visa and with it you can come and go, well, that is, on one visa without wasting time on getting it upon arrival Uh-huh Clearly clear Well And if a person buys real estate does this give him any privileges on visas according to documents on a residence permit on citizenship, please tell me how it all works in general in Thailand and no, with small reservations. There is one type of visa that is quite new. It was introduced in the twenty-second year. It is called LTR. This is a visa for an eastern resident. Uh-huh. It is given for 10
years. It is given. There are several options, but one of the options is based on investments in the Thai economy. This includes oneself. investment in real estate, but there is a fairly high entry threshold, that is, the minimum amount is $500,000 or the equivalent in baht or other currencies. In addition, real estate does not provide any privileges like in Dubai or in other countries in terms of a visa or passport. But for our clients, as a rule, this is not a problem because few of them want to obtain Thai citizenship. Uh-huh. Mostly people want to either invest money and come there
for several months a year, for which a tourist visa is enough Or if you need to live here permanently, then there are other options. This is a retirement visa if you are 50 years old or more, this is a student visa. Then there are types of visas that you can buy. This is Taylan Elite. It is quite expensive, but it is the simplest. That is, you bought a visa there for 5-20 years, this question is closed. You know, there is another question. Is there such a myth or not a myth that in Thailand, if you buy real estate, then the Land will never come into your ownership in any way And accordingly, having bought real estate, you can still be kicked out there at some point because the land does not belong to you. And many people who are considering investing in Thai real estate for themselves have this exact idea is a stopping factor Please tell me that this is a myth not a myth, how it all works, I’m buying real estate in Thailand, it’s 100% mine for life How it works, let’s start with what this concerns, well, obviously this only applies to houses, that is, objects with land plots Yeah And in Condos, that is, apartments in multi-storey buildings you can buy as full ownership, that is, there are no rights there without any restrictions on ownership and everything else. And if the developer in Koond is a foreigner, and that doesn’t matter because conminium is a form of ownership That is, in conminiums there are two restrictions when buying at stations. The first is that in Koond foreigners cannot buy
a total amount of more than 51 more than 49% of the total area. That is, this was done so that Koonda as a legal entity remained Thai so that it could pay with the land under itself And the second is that the money must come from abroad. Well, that is, but within the framework of a foreign quota, that is, what you buy to a foreigner - it’s completely yours For houses there, everything is a little more complicated Indeed, in Thailand, foreigners cannot own land directly Uh-huh Uh-huh But as you can see on the bouquet, a lot of foreigners still buy villas, houses, townhouses. This is done either through a lease, that is, it is a long-term lease for 90
years, where there are three terms of 30 years each. And this comes with time, that is, the name of the orientator is included in the documents on the right and property, that is, you are protected in this regard, Or the second option is to buy for a Thai company That is, in this case, a company is opened with a foreign as a director and land or land with a house is bought for it. Yeah. Other combination options As if both options have been worked out, but if you have some omissions, then you can always buy a condo Sash, I can’t help but ask a question. There is an opinion that Thailand is already overheated if we talk about buying for investment purposes. How do you evaluate the market is a controversial issue That is, yes, of course, after all Covid was a big outbreak, there was pent-up demand, that is, Fuket will drown other resorts and they received a number of tourists that was even greater than before Covid. And accordingly, the demand for real estate grew and the supply grew. But at the same time, on the same bouquet, if we count the projects
that are really good, there are not so many of them, that is, since there was a great demand, a large supply appeared, but from this supply, not all options are interesting. And what we see when we talk about a bubble is some projects that may not be of the level to which we have already gotten used to it over the last couple of years and they cannot sell themselves well. At the same time, many developers from Bangkok came to Phuket, that is, this is a slightly different level. That is, large
large public companies and some local developers have also risen to the level where they can create world-class projects. And in the last year we saw projects that were sold, that is, there were projects that were sold in one day, there were projects that were sold in six months, while the usual sales cycle in Thailand is one and a half to 2 years, that is, from sat down before the project was delivered The market is quite healthy, that is, there will be no such growth as it was after Covid because these were unique means That is, people who wanted to buy could not buy and then they all came But I think a stable healthy increase in prices awaits us [music] [music] We are in the showroom of the Origin Onlore World project This is a big project with funny uses It includes Konda villas, hotel residences and Beach Club And this is one of the most interesting projects on bouquet over the last couple of years, in our humble opinion Well, Kolya, we have landed well in such a pleasant location. Let's talk about money. And let's start with how much money is generally needed to buy some kind of real estate for investment in Thailand in the twenty-fourth year. Let's try to get our bearings. Here is the minimum entry threshold at the moment, what is it on the bouquet? If we are
talking about the minimum price threshold, then it will be about 60,000 dollars. But in this case, we will talk about projects that are located in the interior of the island in more local areas A from the point of view of investment will not be the most attractive because it is more designed for local A and in such areas the task will be for rent on an early basis, that is, you will rent for a year or more Uh-huh And that is, the profitability will not be the highest. And if we talk about projects that are located in beach areas, that is, in areas where there are a lot of tourists or, well, tourists, or just in good areas of Crete, then the price tag will start somewhere from 120,000 dollars And accordingly, let's talk more about how much money is needed for a villa Uh-huh Let's say right away that if there is a villa within walking distance to the sea, there will be very few such projects and they will be very expensive. As a rule, the villas are located more
inland of the island where the land is not so expensive. And you can buy a villa starting somewhere from 400,000 dollars 400,000 dollars Okay Yes, it’s good that it will be a two-three-bedroom villa urgently on a small plot of land, but it will be a decent project with security with a management company, that is, where you will live comfortably Yeah Yeah Okay And let's continue the conversation about how much money you need, let's talk about how the installment plan works and everything else. In Thailand, there are no preferential mortgages, as far as I know. No Yes and no Well, most agents will tell you that in Thailand foreigners cannot get a mortgage. This is partly true, but in fact there are banks that give mortgages to foreigners. This is UOB, this is the Bank of China. They give mortgages through their Sincapul
branches because in Thailand, to buy a condo, you need to bring money from abroad But unfortunately, they have quite strict requirements for the latest money for citizenship. That is, there are no Russian-speaking countries among those who have access to these loans. And they support a limited set of projects, that is, as a rule, the Bangkok codeminia is already ready and the interest there is very high, that is, there starting from 8% above. But in the general case, mortgages are not available, you are right. A point is available for the duration of construction. That is, if you buy a project that is at the pre-sale stage, and as a
rule, you have 2 years during which you will pay the cost of the project. That is, depending on the market and the developer, it could be that is, if you buy something from a package developer, as a rule, you will pay there, say 30% on the contract, then say 50% you will pay during construction aa with payments that are tied to the stages of construction and the rest at delivery. And in Bangkok and among the overdue ones from Bangkok who work on the package there is a more friendly scheme when you pay, let’s say there 30% on the contract and the rest is all on delivery of the project That is, you paid 30% then for 2 years you don’t think about anything and you will pay the rest on delivery of the project, with the exception of some installment plans, say Bentry Group who are building a lagoon, they offer installments after delivery of the project up to 5 years for all their projects That is, you can pay 50% during construction and then 50% you can pay them up to 5 years But but this is no longer an interest-free option That is, there is an interest of about 7% [music] Let's talk in a few words about what to do with the real estate that a person has acquired in Thailand. Uh, if a person bought real estate for investment, then what kind of basic directions of action can he have? Well, here, it seems fair to me that we are not talking about the directions, but about the components. That is, in any case, you buy real estate. Even if you
buy it with rent, you still think about capitalization, too. Uh-huh. That is, based on this in In Thailand, the majority of buyers and in the urinal zones they take real estate for rent since there are quite good returns. Or you can take real estate for resale. That is, if you see that the project is either below the nightly price or is located in an area that is rapidly developing, you know that prices will rise, then you can buy just for the purpose of quick resale In fact, all other strategies are combinations of these two factors in one proportion or another . in the fourth year a person buys wants to park the money for, say, five years. That’s what strategy you would choose here, but if you want to invest money and increase it, then the best option is, say, to go into some project from a reliable developer at the pre-sale stage when the prices are the highest low, that is, take a good apartment and then after the project is completed, continue to rent out the apartment for rent. That is, you receive capitalization and receive rental income. And capitalization is highest
during construction, that is, starting from the early pre-sales of pre-sales before the delivery of the project, as a rule, prices in the project increase by 20-30% That is, they do not have escrow accounts. Well, that is, you can open a escrow account with a lawyer, how will all this be organized? Yeah, I mean that in our pit it’s already like there is not much economic sense to buy in Russia. There is still a well-developed culture of pre-sales in Thailand, that is, the Thais mostly buy condominiums at pre-sales. That is, the problem here is what is ready to buy. If you buy a developer, then at the time of delivery of the project
all the good apartments will already be sold and in many projects all apartments will be sold. That is, you can buy when selling Uh-huh. Well, access to the pre-sale from the street is not given if I am correct in the example. And they are given, but it’s just a question of how early. That is, As a rule, if we
have a good interesting project, then they first give it to their friends, that is, employees and family members, and then those existing investors, then the agent A and depending on how good your agent has a relationship with the developer, he can get involved in this sooner or later Uh-huh Ae, we always try if we know that the project will be good, then we try to get access as early as possible. Therefore, our clients received, firstly, the best prices, and secondly, the best selection of apartments. That is, accordingly, if they come to you for a consultation, then you can suggest which ones objects on the press sale are now available Yes, but patience is also important in real estate That is, you can look at what is now available or you can say what you want, that is, what are your targets and we can just keep you informed of all the new interesting objects That is, we will say, we know, next year such and such a project will be launched, and we recommend considering it and when you have access to the lists, we will help you become Cool Good Let 's probably leave a link in the description of the video through which our viewers can go to get to yours Telegram bot there to leave a request for a free consultation Yes, and the guys from Sunway States will answer all your questions about the entire real estate market of Thailand, they will tell you what interesting objects there are at a low cost right now. This does not oblige you to anything, you
can just ask all your questions Yes, with pleasure. Well, objectively speaking, if we look five years in the future, if a person comes at the pre-sale stage, can we try to predict some kind of profitability specifically based on the capitalization of the object? Well, let’s look at some there the condominium for there is not super-cosmic money, far from the sea but not the very first line, yes, the person is zalkt right now, let’s say he bought the population through you. What expectations can he make for himself regarding capitalization? Well, let’s say so, let’s take an average project so as not to make any crazy forecasts.
During construction, in about 2 years, prices should increase by 20-30%, that is, this is 10-15% per annum. After delivery in a normal market, prices if you take a package, they will grow. somewhere at 4.5% per annum That is, from 5 years, that is, from the days 2 years it will be construction and then 3 years of normal capitalization it will be somewhere around 35-45% full price increase Let's try to estimate the profitability depending on each strategy chosen Uh, well, according to the thesis, we have already said that is, it will be on average 20-30% during construction and then about 5% per year In terms of rental yield if we are talking about a project that is located in a popular area near the beach or just a popular area for tourists that can be rented out on a daily basis, then the yield will usually be about 7-8% That is, now after Covid there was a very big excitement, that is, returns were much higher, that is, 10% higher there, but I think in the period there, the market will stabilize and will return to pre-Covid indicators, that is, about 7% per annum. But here again you need to make a reservation that everything always depends to a specific object That is, you must choose an object that will be interesting for renting out for resale. And here you need to look at the specific location, the developer, the convenience, the price tag, what is the landscape of competitors, that is, how many projects are there in the area, what is happening in the area itself, that is, you need to understand what you are buying And again, well, in any case, these are different prices, but let's look at this with a specific example so as not to talk about general numbers and average concepts Let's talk about specific projects and their specific apartments And this is the S origin Banto project We are now in their sales office And we were one of the first serial agents of the developer for this project and sold quite a large number of apartments here . at the start of sales, one-bedroom apartments here started at 4.3 million baht. And now there are five apartments left in the project, all one-bedroom apartments. And prices for them start from 5.7 million baht.
That is, it is clear that these are not the same apartments, but even if you compare comparable apartments, that is, they have one floor, the same layout, identical views, then the price increase was 15-18% and higher in just 10 months of the start of sales. This is a very good capitalization for the period that passed the start of sales. This is all thanks because the project hit the bull’s eye perfectly in all respects to the attractiveness of the project That is, from the price to the location and the reputation of the developer, the history of the projects and everything else, we knew about this project quite early because we had connections with the developer, our office is in Bangkok and we were the first to receive information and gain access to the apartments. That is, we took an extractive block of apartments that we and the information that we
passed on to our clients, it was sold out very quickly And now they are all quite happy with the capitalization that they receive And everything in the project there are still a few apartments , but they are still there And therefore, if your viewers are interested, they can contact us and we can give information In addition to this, the project has Balka villas, that is, they are just stone - this is a project of ridiculous use. That is, there are several components here. Violin Balka is also a very interesting project because on the bouquet there are almost no villas within walking distance to the sea. Unless we are talking about superkrey projects that cost millions of millions of dollars. And in addition to this,
there is a hotel, hotel villas and also branded residences at this hotel And the hotel brand has not yet been disclosed, but we know that it will be a very good anti-star brand, I think it is very well known to all your viewers That is, you already know, we just have a good idea, let’s say this That is, the project has not yet been finalized, but if you want, again, you want to know more about the project, you can write to us in Telegram Our managers will register you and will send you an update about this project and other new projects of the developer and other developers [music] [music] Please tell me what additional expenses can taxes be imposed on me as an investor, that is, when buying an apartment, as a rule, if the buyer of the developer pays only 1% to the buyers. That is, in Thailand there are only three taxes that are paid when renting out the transfer of an apartment. This is Special Business Tax, this is a tax on a specific type of activity, this is a tax on the transfer of ownership and income tax. That is, they total about 6-3%, but as a rule, the developer pays most of them. That is, well, in fact, buyers pay only 1%. There are also annual property taxes, but they are very low and they do not apply to the first first apartment that you buy for up to 10 million baht Uh-huh Well, in any case, they have a ceiling, in my opinion, 0.3% per
year For most people it will be 0.01% 0.02.2% per year If we talk about running costs, then in Thailand all projects have a fee for the maintenance of common areas Uh, that is, this is a fee that is charged to all residents and which is based on the size of their apartment, as a rule, that is, it pays for square meter And this money goes to salaries for security, for cleaning the pool, for removing garbage from the light in the common areas, that is, well, for maintaining the project. And as a rule, its size varies from 60 bahtmet per month to 120 m² per month. There are even higher in Lix projects, that is, there are 150 and 200, but these are already
exceptions Sasha, I’m sure that many people are looking at us who are now looking for real estate in Thailand. So let’s imagine that the person is on approximately zero stages Such a client came to you and please tell me what his step-by-step plan of action will be. So a man came and said: “I have about this much money, I want a property for investment.” What will he do next, how will you help him in this case, the first step is to understand what a person needs because investment is a flexible concept. That is, if a person wants
to rent out something, then it will be one assortment of e projects. If he wants something for sub-sale, then it will be different. And accordingly, the choice of apartment will be different. We always advise clients to come to the place, that is. for the bouquet itself and Bangkok, that is, to see and the locations to see, well, the areas themselves that they are considering, to see the showrooms, to touch the concrete with your hands, to see the setup. This is not always practical. That is, we can carry out the transaction completely remotely. That is, at certain steps this will require a trusted person, say a lawyer with a power of attorney. But this is possible. That
is, sending contracts by mail is not a problem; signing remote ones is not a problem. That is, the only problem is precisely the acceptance of the object. But nevertheless, as a rule, we always We advise clients to come and see for themselves so that they have complete confidence in what is happening. But this is kind of a more distant prospect. In the first stages, the main thing is to understand what the client wants. Then we will offer options that he can consider. We will make a profitability forecast, that
is, we will show what figures the client can expect. And after that, based on this information, that is, the client will ask some questions, and when he is satisfied with the answers that he receives, then the person can book this apartment or villa. Okay, the person has passed the purchase stage. goes to the stage of handing over the object, yes, if he bought it for rent and and the person is not in Thailand. How is this issue resolved? How does communication with the management company take place? Even at the stage
of handing over the apartment, the person writes out an agreement with the management company if we are talking about the management company of the project itself, or after delivery he can write an agreement with the property management company Uh-huh Ah-and they will send him reports by email, that is, about current bookings. These may be different forms depending on the company, but they will be for you. uh, slatch reports based on occupancy, that is, by or by specific bookings, and also by how much money goes into your account from each booking. That is, if we are talking about hotel rentals, that is, for short periods, then as a rule, well, they won’t send you individually for every day, so they don’t collect it there, say, for a month or a quarter , and then they send it regularly. You can be as involved as you want. That is, if you want someone else to do it all for you and you didn’t think about it, it’s quite possible If you if you want more control, then this is also possible [music] [music] Well, dear friends, this is the episode we got. If you liked it, please don’t forget to like it. Well, I also want to remind you about a very cool
special offer that the guys from Sunway States made especially for our subscribers. See how it works, you can follow the link in the description and get to Telegrambot, there you can leave a request for a free consultation from Sunway Estates and the guys will tell you and answer all the questions that relate to the entire real estate market Thailand, including Phuket Samui and Bangkok Yes, during this consultation you will be able to ask any question and the guys will help you with the selection of an object. Either go to Telegrambot or go to the Sunway Staates website and leave a request there. And the guys also have a very cool promotion, I can say that if you decide to buy an object with them, you will be given a free flight to Thailand. There are some nuances, we will write them down in the description. Study and use it because in my opinion it is very cool Well, friends, it’s time for me to finally swim in the sea, drink my coconut and do something else pleasant. Write in the comments how do you like the episode, what are
your thoughts, would you also like to buy an investment property or for living in Thailand? Write everything in the comments, I’ll definitely answer you Well, that’s all I’ll go for a dip. Bye-bye [music] [music]
2025-04-29 15:32
