I want an income and to use the property myself, how to generate an income.
Lifestyle investment
For those looking to earn a rental income and work on your tan at the same time, Thailand is a popular choice. Two main options exist when looking to maximize returns and lifestyle benefits:
Developer Rental Management Programs – A project that is run with an onsite rental management program can be a perfect hands-off investment that will allow owners some personal use during each calendar year of operation (approximately 30-90 days). Essentially projects are run like resorts with the operator and owners benefiting from economies of scale.
3rd Party Management Companies – Alternatively those looking to utilise the property more frequently may prefer the flexibility that a 3rd party private management company will provide. Such companies will handle all nuances associated with managing the property and is a great option if owners are looking for more flexibility or if a Rental Management Program is not provided.
