What condo owners can realistically expect to earn in 2025
📊 Average Gross Rental Yields (2025)
Location | Type of Condo | Average Monthly Rent (THB) | Gross Yield (Annual) |
---|---|---|---|
Bangkok (CBD) | 1BR, 35–45 sqm | ฿18,000 – ฿35,000 | 5% – 7% |
Pattaya | Studio/1BR near beach | ฿12,000 – ฿25,000 | 6% – 8% |
Phuket | Resort-style 1BR | ฿15,000 – ฿40,000 | 7% – 10% |
Chiang Mai | Modern 1BR city condo | ฿10,000 – ฿18,000 | 5% – 7% |
Hua Hin | Beachfront studio | ฿12,000 – ฿22,000 | 5% – 7% |
🏙️ Example: Income from a 1-Bedroom Condo in Bangkok
Location | Rental Type | Monthly Income (THB) | Monthly Net Income* |
---|---|---|---|
Asoke / Sukhumvit | Long-term (1 yr) | ฿28,000 | ฿22,000 – ฿24,000 |
Ari / Ladprao | Local expat area | ฿20,000 | ฿16,000 – ฿18,000 |
Net income estimates exclude 10–20% management, maintenance, and tax costs.
🏖️ Example: Income from a Condo in Phuket
Area | Rental Type | Occupancy Rate | Est. Monthly Gross* | Monthly Net Income |
---|---|---|---|---|
Patong Beach | Airbnb (short stay) | 70% | ฿50,000 – ฿60,000 | ฿35,000 – ฿45,000 |
Rawai / Bang Tao | Long-term expat | 100% (fixed) | ฿25,000 – ฿35,000 | ฿20,000 – ฿28,000 |
Assumes ฿1,500–2,500/night rate for short stays. Higher in peak season.
💼 Factors That Affect Monthly Rental Income
Factor | Impact on Income |
---|---|
Location | Prime areas yield more |
Furnishing & Amenities | Fully furnished = higher rent |
Building Facilities | Gym, pool, concierge = more desirable |
Management Company | Can charge 10–20% of monthly rent |
Rental Type | Short-term = more profit but more management |
Seasonality (for resorts) | Phuket & Pattaya vary by season |
💡 Tip for Investors
For consistent monthly income with low hassle, long-term condo rentals in Bangkok or Chiang Mai offer stable returns.
For higher returns with higher effort, short-term holiday rentals in Phuket or Pattaya can outperform if managed well.