Hello Friend,
More investors are going for rent a hotel in Pattaya. A simple way to find out if it is a good investment is just take the monthly rental divided by the amount of rooms.... in this case the rent per month is only 100,000.00 THB and the amount of rooms is 35. Then you come to the conclusion that you actually pay only 2.857 THB per room per month. Renting the rooms out for let us say 500 THB per day then you have to rent out 6 days to get the break even. You really not have to be a modern Einstein to conclude you can make profit with this hotel... |