Property buyers in Thailand will get their first chance to invest in one of the most profitable property asset classes when student accommodation investments in the United Kingdom is exhibited in Bangkok this weekend.
Student accommodation is an increasingly popular form of property investment for buyers in other parts of Southeast Asia. Property agency Century 21 is showcasing an opportunity for Thai property investors to invest in Crown Place in Leicester. Prices for a studio are £57,500 with a net return yield of 9.6 percent and guaranteed rental returns of 6 per cent guaranteed.
A spokesperson for Century 21 told DDProperty.com: “Many Thai buyers and investors have bought a lot of property for investment, either in term of rental and resell but, in reality, they offer low yields. Student accommodation in U.K. is one of our targets to promote in Thailand because there is high demand from overseas students who study in U.K. and a lack of dormitory provide by universities.”
More than a dozen different student accommodation investment opportunities have been offered to Singaporean buyers this year alone, with a large number of sales reported.
The spokesperson added: “We believe that Thai investors will also enjoy the benefits of this investment once they feel confident and comfortable.”
Century 21 is showcasing Crown Place, Leicester, on July 28 and July 29 at Four Seasons Hotel in Bangkok between 10am and 5pm.
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