DEBuy for rent
Buy a condo and let it.
Buying a condominium to let is a 100% secure investment. If you buy a property at MAXXCENTRAL you are enabled to use our full-service rental management.
MAXX takes care to provide the tenants for your unit. We rent your unit through our established channels at the official rental rate published on our websites - online and on site through our reception staff.
MAXX service team takes care about your tenant's arrival, your check-ins, your check-outs, the cleaning and the maintenance of your property. We handle all booking formalities and collect the rental fees for you. Each month you will receive a statement (example) by email about the rental income of your unit followed by the money transfer to your local or overseas bank account*. This way you don't even need to stay in Thailand to make your money work for you.
Our professional, full-service rental management guarantees high occupancy, steady rental income and value appreciation of your property.
And how lucrative is it exactly?
10 % interest and more plus property value appreciation!
Example:
MAXX Studio ApartmentSales Price: 1,590,000 Baht*
| Rental income p.a.
(rented daily) |
Rental income p.a.
(rented 1-3 months) |
Rental income p.a.
(rented 3 months up) |
Rental income p.a.
(rented average) |
|---|---|---|---|
| 31,500.- / month
(1,050 Baht x 30 days) |
14,900.- / month | 13,500.- / month | 19,967.- / month |
| = 378,000.- Baht p.a. | = 178,800.- Baht p.a. | = 162,000.- Baht p.a. | = 239,600.- Baht p.a. |
| = 23,77 % p.a.** | = 11,24 % p.a.** | = 10,19 % p.a.** | = 15,07 % p.a.** |
* not binding, changes reserved
** Calculation notes:
- Profit calculation does not consider maintenance fees and taxes
- Based on the actual published room rates and 100 % occupancy which is likely to reach only with long term rental contracts (3 month up) = 10,19 % p.a.
- Daily rates minus room cleaning charge 150 Baht per day
- MAXX Rental management charges 10 % commission + VAT (0.7%) of the actual rental income
- VAT 7 % is already included in the rental rates
EMAIL US FOR MORE INFORMATION CHECK AVAILABLE CONDOS TO BUY
*) There is no problem to open a Thai Bank Account, even as a tourist. Please feel free to ask us for details.
