Thailand development experiences

[Robin Petrasek]

Dear BP members, I am looking for an advise on International investments.

We are looking for investment possibilities is Thailand in residential market, especially into holiday resorts ideally with rental guarantee. 

It is a must for the developer to be on the market for many years and to be completely trustworthy.

Do you have experience you could share?

Thank you very much.
Robin

[Priti Donnelly]

@Robin Petrasek

Not sure if Thailand is still of interest as this post is from a few years. However, there are Ramada resort residential suites available in Jomtien, Thailand for approx. USD $60K. It is affordable ownership without the caveats of timeshare. So, you vacation there and earn income when not in use. Ramada rents it out. Yield is 8.87% increasing as occupancy rates go up with the tourist numbers. Developers will buy back after 7 years. No additional monthly fees or maintenance fees as you would have with timeshare. Hope that helps. --Priti Donnnelly