• The most developed attractive resort in Southeast Asia with a wonderful climate, beaches, the best hotels of international chains with a constantly growing flow of tourists from China, Japan, Australia, New Zealand, India and Russia.
• Russia-friendly country with centuries-old history and a significant share of Russian tourists.
• Stable political situation.
• Low cost of living. Very cheap prices for food and restaurants.
• Beautiful climate. “Eternal Summer” – temperature about +30, sea +28.
• Preferential visa programs, low taxes 5-15%.
• Stable growth in real estate prices 53% for 10 years, provided by a limited amount of free land for development near the sea.
• Thai Smile! A different worldview. Life in Paradise.

In Thailand yield 6-7% +5% per year price growth + (15-20% per year when buying a good object at the excavation stage. The developer raises prices by 30%-40% during the construction period. In Phuket it is 1.5-2 years. That is 15-20% per year. Of course, we realize that this is not a guaranteed price increase, but estimated, to profitability still need liquidity. And the best properties have it). After the pandemic in just six months October 2022-March 2023 – prices in the best new properties increased by 50%-100%. And they’re still rising now. The key difference between Phuket, Phuket and not Thailand in general, is that unlike Pattaya and Dubai, where skyscrapers are being built and yields of 4% in Pattaya and 5.5% in Dubai are the norm today, Phuket offers !Guaranteed ! Yields from ! Developer ! – 7% per annum less all expenses. This is 30%-40% higher than in Dubai and Pattaya. Such objects are few, on the fingers of one hand can be counted if we consider premium locations in 50 -200 meters from the sea. But they are there. Including ready-made. This is due to the fact that in Phuket 70% of the land reserves and there to build can not, prohibited high-rise construction, a maximum of 6 floors, due to what is formed some shortage of supply in the best locations. In Dubai, construction begins already up to 170 kilometers into the desert. Skyscrapers, Skyscrapers. This creates competition to already built objects and dilutes demand with growing supply.

Also in Phuket there are projects that are implemented by developers in cooperation with world famous 5* hotel operators. The latter have extensive customer bases, and hotel license, which allows them to rent your property at a higher price, which provides a higher yield of more than 10%, while all the service they take on themselves. Therefore, they are able to give the owners 7% earning additionally themselves 3-4% Such offers are few. They are called joint income and strongly depend on the location of the object and the popularity and quality of the hotel operator.

Emirati dirham as well as the Thai baht is one of the five most stable currencies in the world over the past 30 years. Real profitability in Dubai according to honest companies – 5.5% per annum in currency. Here you need to understand that it depends on the quality of a particular object and the fact that, unlike Thailand, you will need to find a tenant, organize maintenance and cleaning.

When you buy a new unique and successful property at the pre-sale stage in the Emirates, you can also make a big profit. But not always. It all depends on the quality and attractiveness of the object and location. Buying is easy, selling is not easy. In Phuket there are also projects on the Dubai scheme built on the principle of viral marketing. Preliminary collection of money. Then a languid wait. At night, the light bulb turns on, and – cockroaches scattered. Frantic selection of apartments – 400 apartments sold in 15 minutes. We don’t play games like that. It’s a question of ultimate liquidity. Until the period of real verification. Here it is really possible to get maximum profitability on condition of 100% payment with an additional discount to the presale price. But you will have to wait 2 years without getting anything, admiring the beautiful graphs of price growth drawn by developers. If you take programs to enter such projects with installment payment, the profit is not so fantastic. Often now in Phuket in such programs closed pre-sales prices in the pit are equal to and sometimes even higher than the prices in the finished objects. If you study the market more carefully, you can find a much more reliable liquid and profitable offer. We prefer to invest in the best projects in top locations in popular resorts in walking distance to the sea with a guaranteed yield of 7% per annum from the developer purchasing several units, putting them up for sale in 3-5 years fixing the maximum profit from price growth plus the guaranteed yield. In any case, the guaranteed yield is 7% plus price growth. In Dubai, construction can last up to 4 years.

The difference is that in Thailand, unlike Dubai, there are investment programs with a guaranteed return of 7% from the developer for 3 / 5 / 7 / 10 / years!Not all developers provide them. Only those that participate in the program of subsequent income together with hotel operators.

Hotel operators in Thailand have a special license that allows them to rent out your property on a daily basis. This will provide you with a higher income than if you rent out for a long term at a discounted rate. That is actually the hotel operators allow you to participate in the income with the hotel program, create a higher occupancy in the season at higher prices and provide maintenance, service and cleaning. It is profitable for them to pay you such amounts over an agreed period, you are an object for them, in which they have not invested, but receive income from the management. This is a new form of mutually beneficial cooperation, in which previously only hotels worked and were not allowed to private individuals. Now in Phuket, this is possible. But the number of such properties is quota and they are quickly bought up. At the end of the contract period you sign another, joint income (Rental Pool 70/30, 60/40) at an even more favorable price, without worrying about occupancy and maintenance.

In Dubai, the income tax is 0% and theregistration fee is 4%

This is a clear and obvious plus. With an income of $100,000 per year or more, you are required to declare it, but at no extra charge. In Dubai, due to the expansion of the construction zone and the rapid growth of new facilities, the attractiveness of already built facilities that do not have unique advantages is eroded and profitability over time falls. Especially in cases where service is suffering. In Dubai, everyone notes a fairly high cost of living – food, housing, branded goods, good expensive restaurants.

In Thailand, the tax is 5-15%, the registration fee is 1%

But when participating in joint programs with guaranteed income and joint income, the operator often pays this tax for you and you get 7% net. That is also 0% during the program. In Phuket, due to low-rise construction and lack of supply of land for development near the sea, the cost of such objects only grows. An example is Laguna, in Thailand everything is cheaper by half, you can live on $500 without saving money. Abundance of various fruits, delicious inexpensive food, amazingly beautiful nature, many interesting places, reserves, beaches, excursions.

Climate

In Dubai it can be +46. The steering wheel burns your hands when you get in the car. You start it up and jump outside while the air conditioning fills the cabin with comfort. It’s not uncommon. Living there in the summer is not comfortable at all. Most locals go to Bali or Thailand for the summer.In Thailand it is not like that. The average temperature is closer to 30 degrees without sharp seasonal fluctuations and is perceived completely differently thanks to sea breezes, an incredible abundance of greenery, the absence of multi-storey concrete boxes.

Bonuses when buying in Thailand

Many developers include in the contract programs of guaranteed income a nice bonus – free use of the owner’s home for 30 days a year (there are 15 or 45). That is, you can twice a year to come on vacation without spending money on hotel rent, which will be a fair addition to the rental income.

• In general, real returns are higher when investing in Thailand. And the key difference is in the guaranteed income programs.
• In Dubai, you have to take care of renting out the apartments yourself.
• In Thailand, hotel-managed properties do it for you with guaranteed and higher capitalization-adjusted returns when you buy at the outset.

If you consider investment solely as a tool, you can consider both options. In Dubai, better shopping, more choice of restaurants. More dynamic and expensive life. In Thailand two in one – investment and life. Climate and nature. No need to leave for the summer. Lots of greenery, clean air, exotics, excursions. Incredibly beautiful beaches and a completely different sea. The charm of the Thai smile. And investment in Russian real estate, taking into account the fall in demand, oversupply, falling prices in 2022, the adventures of the ruble exchange rate… The conclusion is obvious.