Hello Friend,
Nowadays depending on local renters, mostly Thai citizens, is a profitable business. This 32 rooms guesthouse in Naklua has only Thai renters and is basic. And maybe the following explanation of ROI or income options will sound for many of the professionals stupid, it is as simple as it is... The property dropped price from 20,850,000.00 THB to now 14,850,000.00 THB and it has 32 simple rooms.... If you rent 32 rooms at 1.000 THB/Room, income is 32.000 THB If you rent 32 rooms at 2.000 THB/Room, income is 64.000 THB
If you rent 32 rooms at 3.000 THB/Room, income is 96.000 THB
If you rent 32 rooms at 4.000 THB/Room, income 128.000 THB
Take in account that 1 person can run this guesthouse and profits are high in ROI, life can be so very simple!!! |