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Buy a condo and let it.
That’s a secure and comfortable way to invest. Especially with MAXXCENTRAL as it is a combination between Condominium and Hotel. You buy a condo but you don’t need to worry to find a tenant by yourself. We find the tenant for you. And your tenant will be well served by our staff – from the check-in at the reception, by our room-cleaning and maid-service, in case of repairs or requests until to the check-out and airport-service.
And how lucrative is it exactly? 10 % interest and more plus property value appreciation!
E. g. Studio Apartment Sales Price 1,290,000 Baht*
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Rental income p.a. (rented daily)
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Rental income p.a. (rented 1-3 months)
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Rental income p.a. (rented 3 months up)
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Rental income p.a. (rented average)
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31,500.- / month (1,050 Baht x 30 days)
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14,500.- / month
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10,900.- / month
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18,967.- / month
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= 378,000.- Baht p.a.
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= 174,000.- Baht p.a.
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= 130,800.- Baht p.a.
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= 227,600.- Baht p.a.
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= 29,30 % p.a.**
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= 13,49 % p.a.**
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= 10,14 % p.a.**
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= 17,64 % p.a.**
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* Preconstruction Price (valid only till 30-JUNE-2008)
- 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) = 10,14 % p.a.
- Daily rates minus room cleaning charge 75 Baht per day
- Rentals through MAXX Counter or agents charge 8 % commission + VAT of the rate
- VAT 7 % is included in the rates
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