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Northern Thai Realty, the longest established Real Estate Agent in Pattaya will guarantee 8% annual return for 2 years on selected property normally studio rooms which can be rented out on a short term basis. If you invest in a larger unit normally the rental period is a minimum of 6 months but in practice the period is usually 1 year. They also have a low season promotion which allows you to spend 6 nights in one of the units free of charge to get a feel for the building and the local area. An average studio unit costs about 3.0 Million Baht, please use the exchange calculator to translate this into your own currency. In addition to the purchase price allow 100,000 Baht / room for legal costs. |
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