Traditional Culture Encyclopedia - Hotel franchise - Why do China people buy real estate in Thailand?
Why do China people buy real estate in Thailand?
1, Thai real estate has permanent property rights. Foreigners, like Thais, have the permanent property right of Thai real estate, and can carry on the family line (without inheritance tax) and are protected by law. Domestic real estate has only 70 years of property rights. This is why you can see that the roads in some cities in Thailand are very crowded, because the land is private and the government cannot demolish it. Therefore, the city looks a bit shabby. I can only say that in terms of modernization, the whole world can't compare with China.
2. Real estate prices in Thailand are more affordable than those in China. The real estate price in China is very expensive internationally. The unit price of Beishangguang is 30,000/40,000/flat, and the second and third tier cities are also 1, 20,000; The average price of Bangkok, Phuket, Hua Hin and Krabi in Thailand is about 20,000-30,000, while that of Pattaya and Chiang Mai is about1-20,000. Although the unit price of the two seems to be similar, the content of the unit price is quite different. So, what is included in the unit price of Thai real estate?
(1) Thai properties are basically finely decorated apartments with floors, bathrooms, toilets, kitchen cabinets, air conditioners and embedded wardrobes. Simply understand, everything that can't be moved is yours. The brands of bathrooms and air conditioners are very good, and some buildings are also equipped with Daikin air conditioners. You don't have to worry about furniture. Many developers send furniture, and some also provide furniture gift packages for you to choose from. Compared with China, if you spend one or two million yuan to buy a house, it usually costs 20-30% of the house price to decorate. Buying Thai real estate is equivalent to another 20-30 discount. (2) The unit price of apartments in Thailand does not include the pool area. The unit price of Thai apartment is calculated according to the interior area, excluding the pool area. Imagine that you let the sales staff look at the 70-square-meter 2-room 1 hall, and it feels as big as 100 square meters! Because it sells the use area, the brain won't change suddenly. If it is calculated according to about 25% of the domestic housing pool area, it is equivalent to a 15% discount on the house price in Thailand.
(3) fully equipped swimming pool, gym and sauna are all necessary and free of charge. Parking spaces are also free. A conservative estimate is equivalent to saving 15% of the house price. Including the previous renovation fee and swimming pool fee, it is equivalent to saving about 60-70% of hidden costs, so the house price in Thailand is really affordable.
(4) Perfect Property Management Thailand's real estate property management is very perfect. Most large developers have hotel-style apartment management companies, which can act as agents for various matters such as rental and management, and are basically responsive. 3. Buy Thai real estate with low transfer and holding cost, and there is no property tax. You only need to pay the relevant taxes when you transfer, which is about 6% of the house price. If you buy with the developer, the average buyer only needs to pay 1%. Of all the countries that recognize permanent property rights, Thailand is one of the few countries without property tax. For houses in Europe, America, Australia and Canada, the annual property tax 1%-2% is calculated according to the current market value. The higher the house price, the more you pay. 60-70 years is equivalent to buying another house, which is no different from China's 70-year property right. And they have inheritance tax.
4. High rental return rate The average annual rental return rate of apartments in Thailand is 5%-8% of the house price, and it can reach 15% in some places. Some developers also provide rental services with fixed rental income. For example, in Phuket, the highest charter revenue can reach 10%/ year. In this way, the rent of 10 can get back the investment cost, which is not counting the appreciation of the house itself. In China, the cost of self-occupation is high, but the rental return rate is low, about 2%. A house with a price of1-20,000 yuan can be rented for 3,000-4,000 yuan per month in second-and third-tier cities, and the rent-to-sale ratio is very low.
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