Rental property investment opportunity Nai Mueang Ubon Ratchathani
Rental property investment opportunity
Rental property investment opportunity Nai Mueang
This 2 bedroom bungalow has been rented out by Ubon Homes for the last 9 years with very little down time between tenants. Due to its convenient location alongside the main Tesco Lotus branch in Ubon it has proved very popular. We even had the star defender for Ubon UMT football club, the extremely tall Victor Cardozo, rent the property for 3 years during his stay at the club helping them break the record for any Thai club to rise from a new club in the lowest league to the Premiership division being promoted each year consecutively.
The property achieves an outstanding 6% return on investment and already has a tenant who signed up for a 1 year contract on the 28th July 2023 giving the new owner instant hassle free income from the tenancy. To give an idea of how this performs compared to other rental markets Bangkok property has average rental yields of 4.45% and:
Outside the bungalow has been tiled for easy maintenance, off road parking and a seating area under the porch in front of the house. It also comes fully furnished and air conditioned.
The current owners are professional landlords and have decided to reduce the size of their portfolio as they have almost 100 tenants to manage between the buildings they own.
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