Buying Hotel In Thailand During Pandemics

Buying a hotel in Thailand during pandemics may be a good idea. Prior to the recent pandemics and COVID traveling restrictions, Thailand had thirty-nine million international tourist arrivals in 2019. This represents a 4% year-on-year growth. Over the last 5 pre-COVID years an average of 9% growth was demonstrated.

The great majority (more than 65%) of Thailand’s international tourists’ arrivals were originated from within East Asia. Europeans followed with 18%, while other continents’ share was 17% altogether. Despite arduous international conditions influencing international and domestic travel over the past 15 years (global financial crisis, SARS, the Avian flu epidemic, and alike), Thailand accommodation rates and occupancies have been quick to bounce back over a shorter time period versus other countries in the region post-disruption, hence promoting greater investment stability in the eyes of investors.

5-star Phuket Resort for sale - Beachfront - Brand New

It can be anticipated that this trend of stability will be standing strong to support powerful hotel acquisition demand once COVID restrictions are flagged down. There are many opportunities now for investors looking into hospitality properties that become affordable now since the pandemic has been difficult for hotel owners Buying a hospitality property or business in Bangkok, Phuket, or other destination in Thailand today is an appealing option for investors because of two main factors:

Thailand’s combination of value and charm to international inbound travelers will potentially drive strong yields to potential investors, especially if compared to major Asia Pacific markets such as Hong Kong, Singapore, and Japan with historically lower yield percentages
These yields maybe even stronger because prices for hospitality properties are on the lowerest level caused by pandemics.

This Phuket resort near Karon beach of Andaman Sea with 47 suites is available now for confidential sale

Successfully buying a hotel or resort in Thailand today may require more than just evaluation of the business’s financial bottom lines. Investors today need to apply an analytical understanding of both external macro and micro level factors and predict the potential profitability of the hospitality property after COVID. Additionally, investors must analyze the physical asset itself, be it a hotel for sale in Thailand that is already existing, under construction, or in the planning stages. Contact CondoDee if you think about buying a hotel in Thailand - we are looking forward to working with you. Teerawin (Win) Tthaviwatkhonsin Founding Director at CondoDee Eternal Property win@condodee.com +66-6-21899659

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Frequently Asked Questions (FAQ)

What does it mean to buy a condo with a tenant?

Buying a condo “with tenant” means the property is already rented out when you purchase it. This provides immediate rental income from day one. After the current lease ends, you can renew with the tenant, find a new one, or move in yourself. It’s ideal for investors seeking instant yield without the hassle of sourcing tenants. Explore listings of condos for sale with tenants and buy-to-let investment condos to start earning passive income. Contact CondoDee for a free consultation: win@condodee.com · +66 2 038 5897 · WhatsApp: +66 62 189 9659 · LINE: @realty

How can I generate rental income from my condo?

Choose high-demand locations near BTS/MRT, universities, hospitals, or offices. Keep the unit well-furnished and maintained. Decide between short-term or long-term rentals based on your goals. Work with a local agency like CondoDee to market, screen tenants, and handle paperwork. See curated lists: Buy-to-let condos in Bangkok; Condos under 10M THB. Contact: win@condodee.com · +66 2 038 5897 · WhatsApp: +66 62 189 9659 · LINE: @realty

Can foreigners buy a condo in Bangkok?

Yes. Foreigners can own units under the foreign freehold quota (up to 49% of a building’s sellable area). Funds must be remitted in foreign currency with proper documentation, and the unit must be within the available foreign quota at purchase. CondoDee helps verify quota, handle documentation, and guide transfers. Contact: win@condodee.com · +66 2 038 5897 · WhatsApp: +66 62 189 9659 · LINE: @realty