When you’re looking at making a holiday home property investment in Thailand, some essential factors influence your decision-making. Location, accessibility, climate, return on investment, and property maintenance are some of them. Thailand offers all of these features better than anywhere else in Asia.
Not only is it a popular tourist destination, but it also makes for a wonderful getaway due to its exquisite locales and inviting warm climate, making property investment in Thailand a rewarding experience.
Let’s explore the top reasons that make a holiday home property investment in Thailand truly beneficial.
Accessibility and Location
Easy connectivity to most countries around the globe makes Thailand an easily accessible option. Both Phuket and Koh Samui have international airports with direct flights operating to many countries. Koh Samui Airport has non-stop passenger flights scheduled to 8 destinations in 3 countries, namely Kuala Lumpur, Singapore, and Hong Kong. A total of 34 airlines fly to Phuket from 40 airports around the world.
The weather that the location offers becomes a major deciding factor while choosing where you want to make your real estate investment for a holiday home. Thailand being a tropical country has a warm climate year-round which makes it a preferred destination to escape to for people residing in cooler climates. It is also a great place for beach and water activities when the waters are calm.
Rentability and Passive Income
With ambitious marketing efforts for attracting luxury tourism, the local government is working on the target of annual growth in tourist numbers.
Phuket is ranked 14th among the world’s most visited destinations with an estimated 9.89 million visitors in a year. Koh Samui averages more than 2.5 million foreign visitors each year. Tourists traveling to Koh Samui and Phuket spend an average of 7,700 to 8,200 baht per head per day ensuring attractive rental returns.
The availability of smooth rental management on-site makes the homeowners benefit from their property investment all year round without any glitches. As a holiday homeowner, it would not be easy for you to manage your property regularly.
A well-equipped local developer such as SKHAI not only provides you the best service for your real estate investment but can also manage your property with seamless results offering top-tier hospitality while renting it out.
A luxury villa with a breathtaking sea view and a private pool is much more affordable in Thailand compared to other beach destinations such as the Maldives, the Caribbean, and Europe among others. Available at the lowest possible prices, buying a holiday home in Thailand gives maximum return on your property investment.
Along with an excellent price, the investor can also avail some advantageous finance structures spanned across the construction period when they invest in off-plan properties allowing them to benefit from excellent rental income and property appreciation in the long run. In the meantime, they get to enjoy a beautiful holiday home as well.
Whether you’re an expat who would love to acquire an exquisite holiday home for your annual vacationing, a retiree who simply wishes to enjoy a beautiful laidback life in a serene and comfortable environment, or a smart investor who wants to make the most of your property investment, investing in a holiday home in Thailand can be a dream come true for each of you.
SKHAI’s skilled team smoothly covers every aspect related to the same, right from before to after the acquisition of a new property in Thailand. Contact our team at SKHAI to learn about some of the most attractive property deals in Phuket and Koh Samui.