Thailand Investment Property and Off Plan Properties For sale
Off plan properties in Thailand offer several benefits over existing properties that are being resold. One key of note is the initial tremendous increase in a property's value upon completion.
Thailand Investment Property and Off-Plan in Thailand
Thailand currently has many off-plan villas, townhouses or apartments on offer. Almost all the off-plan property available is located in major investment hot spots. The Thai government has set strict guidelines to ensure that off-plan property is of high quality and built in harmony with the environment.
Investors who opt to wait and purchase property in a specific project when it is completed instead of buy off-plan pay a substantially higher price to account for the return on investment for the original investor.
With Thailand's tourist market experiencing rapid development, there are lot of investment opportunities in off-plan properties that will attract major rental demand as well as large price appreciation. In addition, the best possible finance options are available for these investments. SEC clients who invest in our selected quality Thailand developments early will see the greatest returns on their investment.
How can property be cheaper if bought off-plan?
Property developers are always exposed to risk. Selling off-plan is a good way to cap the risk as quickly as possible. It is also more economically advantageous than the alternative of taking out a bank loan or other forms of debts. The units are sold at excellent prices to compensate for the fact that at this stage investors must rely on the location and artist impressions, diagrams and computer simulations.
In addition to low prices, investors in off-plan properties get access to favourable finance options. This usually includes the need to place only a 25% deposit of the cost of purchase, with the rest payable upon completion. The ladder amount can be financed by a mortgage via your country of resendece
Once a decision is make to invest in an off-plan property, the investor needs to choose a strategy for obtaining return on investment. The agents at SEC will help clients select the investment plan, be it a "pure investment" or the "buy-to-let" strategy.
Thailand Investment Property and Maximizing Profit from an Off-Plan Investment in Thailand
Purchase early: The developer tends to offer units well below market value in the early stages of the project as discussed above. Notably, in Thailand, it is best to invest as soon as possible. The property market is coming out of a slump and prices are still very competitive but trending higher. Investors who purchase now will maximise their profits.
Purchasing the best units: Investors should try to buy the most sought after units at the earliest time possible in any given project. The best units vary from project to project depending on the construction and design. They offer the highest capital appreciation in the quickest turnaround time, and will also command the greatest rental incomes. Penthouses are often the most desirable units,
Price increases as development matures: The value of the units go up in correlation to the completion of the project. A show unit is usually completed at a relatively early stage of a project. This adds to the project's value as it reduces the risk for the buyer who no longer need to rely solely on the plans
Price appreciates as more units are sold: As more units are sold, the price of the remaining units increase. Often there is a phase payment structure in operation which mirrors the increasing value of the properties.
Thailand offers some excellent investment opportunities for those interest in purchasing off-plan property. We specialize in finding safe and lucrative investments in this market.
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