Thailand Investments A PERSONAL VIEW BY Barry J Hayles
Have you ever sat back looked at some of your friends or family who have made investments over the years and now baring the fruits of their investments and reaping there investment rewards, I for one have I remember about 10 years or more ago a very close friend (Paul) of mine told be about bit coins and crypto currencies, I thought he had gone mad having a wallet in the sky that you buy coins from somebody you don’t know or have ever seen a Crypto coin, showing me all the projected graphs and figures for expected investment returns, amazing projected returns on your initial investment (R.O.I).
After long discussions and lots of pondering with my friend regarding not only Bit Coins but the full spectrum of the Crypto currencies and comparing with my property investments I had made over the years I decided that I was not going to invest into the Crypto currencies, In my mind it all sounded too good to be true ( I remember my father many years ago saying to me, son if it sounds too good to be true then it probably is to good to be true).
So you are now probably expecting the I told you so Scenarios where Paul lost on his Crypto currencies and is now working 9 to 5 to make ends meet as the Crypto Currencies were too good to be true leaving me feeling proud and thankful, or I lost on all my property investments and now I am working 9 to 5 to make ends meet lol sitting pondering why had I not taken my friends advice or are we both working 9 to 5 cursing our bad luck with little financial funds in the Bank and discussing what might have been if we had travelled a different Paths.
Well happily it has all turned out well for us both Paul has done very well out of his Crypto currencies still investing in Bit Coin and also carefully monitoring many other Crypto currencies and investing wisely, as he openly admits he has had some ups and downs with the currencies being volatile to say the least, when we were discussing it last time he shown me all his graphs and charts of how his Crypto currencies have grown over the years, I was mortified at one particular point when his Cryptos dived and it seemed like he was going to lose a large financial stake but at this point he had the hindsight not to sell his Cryptos but he invested more and it was not long before that graph was on the incline again.
I too have now invested in to the Crypto currency market not to the scale of my Paul but more as a calculated gamble I have purchased with the mindset of if I lose this money I will not lose any sleep over it, my plan is to leave my investment not increase my investment or take my investment out for a minimum of five years, but also taking advice from Paul and If he says sell at any time I will, but under no circumstances will I increase my investment, if I get 50% of what is predicted I will get in five years I will be a very happy man so let’s see. If as some people predict that Crypto currencies will be the financial banking of the future at least I have a foothold and have given it a good chance, I read a quote once cannot remember by who !!! standing still is as good as going backwards in Business!!!
My main area for investment remains in property and land and I will carry on with this as my main investment portfolio, as Paul said Real Estate is more in my mind set and something I enjoy doing which is true as I started my working carrier in the construction side of real estate and commercial buildings in the UK before relocating to Thailand over 20 years ago.
In my years here in Thailand I have seen many highs and just as many lows in the Thailand Real Estate market whilst living and working in areas such as Phuket, Bangkok, Pattaya and Jomtien.
Along with my partner we opened a Real Estate Company on Jomtien beach on the outskirts pf Pattaya City, Real Estate Specialists Thailand Co,. Ltd in short Rest-Property Website , this is one of the best investments I have made gives me the time to enjoy Thailand knowing that our investment properties are taken care of by the property management side of our company,
Over the years we have created a website Real Estate Specialists Thailand data base of literally thousands of properties for sale and rent what started out as a way to generate sales customers for any of our own properties for sale or rental Customers for our rental properties has now turned into a well-established and run company giving us even more insight into investment properties in Thailand and predominantly Pattaya and the Pattaya Subdistricts such as Jomtien, Na Jomtien, Baan Ampur, Bangsaray, Huay Yai and Mabprachan lake in recent time we have found that the areas such as Si Rach Rayong Sattahip Lam Chabang have become increasingly popular with investors in the Thailand Real Estate Market.
Beachfront land in Thailand has always a good investment, now the prices are shooting through the roof, This is why there are very few Beach front Housing developments land prices have increased so much over the years now it does not make financial sense to build houses or pool villas on beach front land once the land has been sub divided roadways laid and infrastructure in place the cost of the houses or pool villas would have such a high purchase price, once everything is added together making it un realistic to sell the houses or pool villas to make a profit.
For a example Bangsaray beach approximately 30 minutes’ drive from Pattaya City we have a property listed with ocean views and Bangsaray beach access, This house for sale is a two story 2 bedroom 2 bathroom Fitted but not unfurnished,
Living area 60 sq meters per floor so a total of 120 sq meters with the land size being 125 square meters, selling price for this house is 8,500,000 THB
Land area 125 square meters, selling price 8,500,000 THB
Compared to a House that is not beach front 1485 Pattaya House located under 10 minutes to central Pattaya & under 10 minutes to Jomtien beach and Pattaya beach
Single story house 2 bedroom 2 bathrooms Fitted, unfurnished building area 120 sq meters Land area 256 sq meters on secure Pattaya Village sale Price 3,900,000THB
Land area 256 sq meters sale Price 3,900,000THB
Obviously if you are Buying a Pattaya property solely for investment then the main focus has to be on what the R.O.I (Return on investment) and we have to put our personal preferences to one side, and look for the type of people who are looking to rent the house or rent the pool villa, we have a lot of renters who are ex Patriates working in Si Rach Lam Chabang and many of the industrial areas that are located close to Pattaya, now the first house we looked at lovely location but that will make commuting to the industrial zones long distances and time consuming,
whereas the second house is located within easy reach of all the industrial areas under 30 minutes’ drive, so more likely to get long term renters, the first house you would be more likely to get short term holiday rentals,
Short term holiday lets are another topic we will cover soon in another article as the Thai government are clamping down on short term holiday lets which is actually illegal for periods of less than one month in unregistered accommodation.
Ocean View condominiums are much sort after as everyone would like to wake up to the ocean views or sunsets from the balcony they also command a premium sales price, if you are willing to shop around or employ a reputable Pattaya property broker such as Real Estate Specialists Thailand Co,. Ltd (R.E.S.T Property) to do the ground work for you there are some bargain priced condominiums on the Real Estate Market in Pattaya.
Or a 1-bedroom city center condominium no sea view living in the hearty of Pattaya city does have benefits, only a few minutes’ walk to Pattaya beach and the famous Pattaya walking street easy access to the main Sukhamvit highway the new motorway to Bangkok, 2.5 City Garden 1 bed
The two properties above are the type that I have had very good returns on over the years.
Especially the City Garden Pattaya condominium as they are renowned for better than average occupancy rates being in the heart of Pattaya City walking distance to all the Pattaya attractions and Pattaya beach, City garden is what prompted me to write this article as a friend of mine is relocating back to his own country and has Three 1 bedroom condominiums and One Large Studio condominium in City Garden Pattaya and has put them on the market at a reduced selling price of 9,700,000THB for all the units together,
also willing to sell individually One-bedroom units 2,500,000THB each, Studio unit at 2,200,000THB absolute bargains On the Pattaya Real Estate Market.
1 bedroom sale price 2,500,000 THB Expected monthly rental between 16,000 THB per month rental rate to 20,000 THB per month rental rate, 16,000 THB per month will give a return on investment (R.O.I) OF 7.68% at 20,000 THB per month rental rate your return on investment (R.O.I) will be 9.6% obviously with any form of investments the returns may vary,
In a future article we will be covering an investment opportunity with a company that has built over 50 projects to date In the Pattaya region and have over the last couple of years spread there wings to other parts of Thailand including the tourist hot spots of Koh Sami and Phuket, two other destinations that are under construction not as well-known as Pattaya Samui or Phuket to the international tourists but absolute huge destinations for Thai tourists and now more international tourist are traveling to these two destinations,
Once we have completed our due diligence which is almost complete everything very transparent so watch this space for a full report,
Company established 10 years with steady growth,
Condominium and villa projects,
Investment options of 3 years up to 20 years
9% Return on investment (R.O.I) on completed projects
10% Return on investment (R.O.I) on projects under construction.
Guaranteed buy back option
Projects in 19 Countries and 37 Locations to date,
Full details to Follow very shortly.