Rental Yields in Thailand - area comparison

 

Rental yields are moderately good

Rental yields in Bangkok are moderately good, at an average of 5.79% in Q4 2023, slightly down from 6.07% in Q2 2023, based on Global Property Guide research conducted in December 2023.

Just like in most countries, smaller apartments in Thailand also earn higher rental yields than bigger apartments.

Yields have risen at the luxury end of the market, though since the COVID-19 pandemic, they have fallen for the very large sizes, such as 250 sq. m.

In Q4 2023:

• In Bangkok, gross rental yields for apartments ranged from as low as 2.19% to as high as 9.52%, depending on location and property size. The city's average yield stood at 4.88%.
• In Pattaya, apartments earn rental yields between 3.24% and 10.04%, with a city average of 6.25%.
• In Phuket, apartments earn gross rental yields of around 5.45% to 6.45%, with a city average of 5.87%.
• In Nonthaburi, rental yields ranged from 5.6% to 7.41%, with a city average of 6.25%.
• In Samut Prakan, rental yields ranged from 3.07% to 7.35%, with a city average of 5.79%.
• Sattahip apartments offer gross rental yields between 3.9% and 7.43%, with a city average of 5.72%.
• Huan Hin apartments offer rental yields of around 4.94% to 5.58%, with a city average of 5.26%.
• In Chiang Mai, apartments earn gross rental yields of 5.5% to 7.28%, with a city average of 6.32%.
• Condos for Rent Pattaya