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Showing posts from June, 2021

Two-Bedroom One-bath Modern Patong Beach Apartment

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Two-Bedroom One-Bath Modern Patong Beach Apartment This contemporary, pleasant, sophisticated, spotlessly clean, 98 square meters two-bedroom one-bath includes new Cotto tiles, which echo hardwood flooring. This is a wonderful example of a Patong Beach Two Bedroom Long Term apartment rental for vacationers, retired, or working couples or families. Kitchen: Large open kitchen with granite countertops, stainless steel appliances, and lots of cupboards and cooking area. The bathroom has ceramic tile throughout with a huge oval mirror and a walk-in glass shower. Bedrooms: The final touch is a huge king-sized bed, end tables, a ceiling fan, and lots of closet space. The bedroom's second bed is insulated for a comfortable queen-sized bed to accommodate guests. Living room The living area features an L-shaped leather sectional sofa, marble-topped dining table, teak coffee table, black granite breakfast bar, stainless ceiling fan, and a massive LG LED TV. Terms: 1 Month Security, 1 Month r...

IS A VACATION RENTAL IN PHUKET A SMART INVESTMENT?

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 IS A VACATION RENTAL IN PHUKET A SMART INVESTMENT? Airbnb and VRBO have widened the market for holiday properties. Vacation houses are no longer a luxury reserved for seniors and well-off families; they are now a feasible investment. Over 40% of holiday homeowners make enough money from the rental revenue to cover all of their expenses, and nearly one-third earn a profit from their vacation rental. These are tempting figures if you're considering purchasing a Phuket vacation home as an investment property, either to rent solely or to utilize part-time for personal use. However, not every property is suited for success as a holiday house. To earn money, your vacation rental property must be an appropriate property in the right location. LOCATION Location is by far the most essential consideration when purchasing a vacation property. You may purchase a beautiful house with all the amenities guests want, but if it is not in a popular location, you will struggle to remain booked or ch...

Should I Sell or Rent Out My Inherited Phuket Property?

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   Should I Sell or Rent Out My Inherited Phuket Property? There are financial reasons to sell rather than rent an inherited Phuket property, as well as basic factors to examine before deciding to sell or become a landlord. Understanding what it takes to manage a rental property, from number-crunching to landlord responsibilities, can help you decide if renting an inherited home is worthwhile. What exactly is the 1% Rule? When assessing property as an investment property (whether inherited or not), the one percent guideline is a decent place to start. The 1 percent rule states that a property's rental revenue should be equal to one percent of the home's purchase price each month. As the property value exceeds $500,000 USD, this regulation becomes less relevant. If the property does not meet the 1% criterion, it is most likely not generating real rental revenue each month after accounting for property management, all expenditures, repairs, and general upkeep. When doing the fig...

Downsizing to a Smaller Phuket Apartment

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Downsizing Do you intend to relocate to Phuket soon? You'll need to declutter your possessions if you're moving to a smaller apartment or condo in Phuket. Here are some pointers for downsizing to a smaller place. People are interested in condominiums, particularly in cities, according to top-selling realtors. Whether you're renting and need a cheaper place or selling your property quickly or just because you need a smaller home, you'll want to go through your belongings and declutter! There won't be enough room for all you now possess in a smaller place. This is an excellent opportunity to go through your closet and get rid of items you no longer wear, donate the kid's stuff your children have outgrown, and part ways with your collection of model airplanes that are gathering dust. If you're not sure where to begin, here are some suggestions to make decluttering a bit simpler and a lot less stressful. That is, assuming you aren't attempting to clean out a...

HOW TO PURCHASE A PHUKET CONDOMINIUM

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  HOW TO PURCHASE A PHUKET CONDOMINIUM Phuket is one of the most popular places to purchase a condominium for its tropical and resort-like environment. With over 3500 condominium owners in Phuket, the market growth for property investments is rapidly increasing at a yearly rate and in turn, the long-term return on investment can be seen as a sure success. Many foreign buyers come to Phuket and fall in love with the environment, the hospitality of the locals, and the lifestyle and end up with the dream of purchasing a property. Foreign buyers a drawn to Phuket property for a variety of reasons as this destination offers a wide range of property types, from affordable condos for sale in Phuket, luxury villas, and resort units, to beach condos for sale. Most condos are usually fully equipped with swimming pools, gyms, saunas, jacuzzies, and other communal spaces for residents to enjoy without having to leave their homes. Condos make it also hassle-free and uncomplicated to move in as ...