In reality, the masses who buy into new condos and pay a premium price for them, are likely to be hit the most if the economy turns out negative. Also, many tenants are not ‘wowwed’ by the newness of a condo in the same way a buyer is. Instead, they are often more interested in the unit area, quality of interior decoration and rental price. For those expecting good rental returns might be disappointed in the short term as the entry of new units will continue to exert pressure on condo rental rates. Many people expect the condo market to remain buoyant for the next few years followed by a downward correction in prices. Units of older condos whose prices have not increased so rapidly over the last 3 years are likely to be the least affected. However, this may not be the case. In the medium term, prices are expected to either settle for say 4-5 years before the next boom, or we will see a fall in prices. Construction costs have also increased over the last few years, squeezing developers’ profit margins and further increasing the price of new condos.m. Recent increases in interest rates will cause most mortgage owners and borrowers to think twice about buying, and further increases in interest rates are expected. So what will be the outcome? These interest rate increases, in line with increases in construction costs, will also burden the developer, forcing them to increase unit prices. Less people buying, unit prices increasing, followed by even less people buying. The high price of buying. Increased cost of borrowing push demand down. Construction levels remain high, but have been controlled somewhat due to restrictions in bank lending, which will help to lessen the impact of any economic depression. But what about supply? It’s not a question of if; it’s a question of when.
The owner needs a quick sale, so the price is pretty good. 124,441). All the furniture is included too. What is it like? The apartment has 115m2 of living space. Outside there is a small garden. Inside is an open plan living room with a large fully-fitted kitchen and 3 en-suite bedrooms. A private terrace. It’s on the ground-floor which, according to a rental company who handle the resort, is the most popular. What about the development? Where is it? It’s a 2.2km drive to the beach, town and restaurants. The complex is surrounded by virgin rainforest. There are 45 apartments in 7 buildings, set within landscaped gardens. You have a choice of 4 swimming pools; 2 lap pools (25 metres and 20 metres), a large family pool and a kid’s pool. They take care of the common areas, pools, gardens, and security. Management is provided by a top international company. Is it a good investment? I spoke to a local company who manage 22 of the 45 apartments. And they have the last 4 years accounts to prove it. So you can check this for yourself. Remember, that is the average. That makes your rental yield around 7.69% nett – after all taxes and fees. With this apartment you are likely to make more because the ground-floor is the most popular. Ownership is leasehold with 24 years left to run. After that, you are entitled to two, 30 year extensions. A total of 84 years. 3,563). That pays for the upkeep of the gardens, pool maintenance, common area lighting and security.
You’ll find options to suit every budget from backpacker to luxury. As your independent liveaboard agent since 1999 we are committed to find the best boat for your needs. We offer you tailor made dive packages to suit your exact needs. E1025. Great diving. Certainly no crowds! An only online booking company might look easier to book in the beginning, but they have no one on site to help for your additional diving needs. These boats are our best sellers, all high standard boats at a great price. Liveaboards in this price range often have several cabin types to suit different budgets and these boats always fill up early. Start your diving here! Thailand in particular is a very popular location for lower budget liveaboard trips on a variety of boats that will absolutely not break the bank! Diving is not just for people with lots of money! These are the most luxurious top class boats with top quality comfort and service.
Check here for last minute prices. Early booking special offers. Swimming pool training. Take your time to look through our website and check out the different diving boats and destinations. The first day includes theory. You should be able to find a boat, schedule and price to suit you. No time to look through our web site? You can also use our liveaboard search to look for trips matching your holiday dates. With 20 years of scuba diving experience in the region we can offer you balanced, impartial advice and help you choose the best liveaboard boats to suit your needs. We’ll do our very best for you. You often won’t find even a footprint on the beach. Each beach has its own style. Phuket is the center of all this beauty. Distinctive points of interest. There are more than 200 species of hard corals playing their part in building this incredible underwater ecosystem, and an undetermined number of soft coral species.