Benefits of investing in off-plan real estate in Thailand

Benefits of investing in off-plan real estate in Thailand:

• lower prices and instalments;
• a variety of complexes;
• opportunity to customise a property.
• possible risks when buying off-plan.

Invest smart: how to get maximum investment returns with off-plan real estate in Thailand

Thailand is a promising destination for investors from all over the world. Beautiful seaside locations such as Pattaya, Phuket, and Patong attract a great number of tourists and those wishing to relocate there. Such a high demand for properties in Thailand creates a favourable environment for profitable investments.

One of the most popular strategies for investments is buying off-plan real estate in Thailand for further resale or rental. Properties under construction can offer great future returns, as they are usually cheaper than completed options. You can purchase a property based on its plans and start generating profit as soon as construction finishes.The real estate aggregator Thailand-Real.Estate provides a great variety of housing under construction. In this article, together with the company’s experts, we will highlight a few of the main advantages of investing in real estate under construction in Thailand for foreigners.

Prices below the market

As it was mentioned above, one of the key benefits of properties under construction in Thailand is their price competitiveness compared to finished developments. Real estate at the early stages is cheaper, and the prices rise as construction nears completion. This gives investors an opportunity to resell the property after the handover and generate a high capital gain. On top of that, developers often provide an additional discount if you are one of the early purchasers. You don’t even need to have the whole amount at once. Construction companies in Thailand tend to offer attractive payment terms. What you need to do is to pay a down payment to book a property. The payment rate depends on the developer, but it is usually about 30% of the property value. The rest of the sum is paid in instalments during the construction and upon its completion. This also allows you to protect your investment, as you don't have to pay the entire cost upfront.

A variety of residential complexes in Thailand

Properties for sale in Thailand are available in all regions of the country. Foreigners can purchase housing in Phuket, which is dynamically developing, as well as in the second most sought-after resort, Pattaya. There are also a number of offers for real estate from the developer in Bangkok and other cities. When purchasing real estate under construction at the price of the developer in Thailand, you have a great variety of options to choose from. You can consider buying an apartment, a villa, a townhouse, or a duplex. One of the most popular options is an apartment in a condominium with developed infrastructure. Construction plans for such residential complexes under construction usually include additional on-site amenities, such as:

• Swimming pool
• Security and CCTV
• Private gym
• Spa
• Car parking
• Recreational zones
• Kids’ play areas.

For profitable investments, it will be a smart move to choose a property near the coast. Housing in a new building in Thailand by the sea will provide you with high rent payments. What’s more, you don’t have to worry about the quality of the development, as new buildings in Thailand are built with the best materials, contemporary fixtures, and up-to-date finishes.

Individual customisation

One more benefit of buying an off-plan property in Thailand is the opportunity to customise the finishes and features. Since the house is not yet built, buyers can decide on the materials and features they want in their home. This enables buyers to create a home that meets their personal tastes and needs. While structural changes are very expensive or not even possible in finished units, off-plan properties can be modified in a variety of ways. For example, by adding a bedroom or increasing the size of a private pool. As a result, you will have an apartment or a villa with the most comfortable layout, exquisite design, and all the equipment you may need.

Risks associated with buying off-plan real estate

As with any investment, there are certain risks when purchasing real estate under construction. To minimise them, it is crucial to choose trustworthy developers with an established reputation. When choosing a property, feel free to ask questions about the developer, its experience, and a particular project. You should also be prepared for the fact that exchange rates may weaken during the instalment period.

Buy the most profitable off-plan property in Thailand

Purchasing property under construction in Thailand provides many benefits for investors. If you want to invest profitably in Thai real estate, start looking for a property in Thailand for expats today. Thailand-Real.Estate has put together a variety of real estate offers with up-to-date information about the prices, developers, and available amenities. The aggregator works directly with developers and is ready to offer you the most lucrative investment options in all the sought-after destinations in Thailand.

To Apply simply click the 'Apply Now' button below and complete the online form including attaching an up-to-date CV.