Looking for a country to make a high rentability real estate investment

[vehzag]

I lived in many cities there not only Moscow
My family doesn’t live in Moscow
In just a regular average city
But I don’t mind you having your own truth
Just be polite here, you don’t even know who are you talking to but throwing frases like ‘haven’t heard smth more stupid’ or ‘educate yourself’ doesn’t give you additional credit of expertise

And still no, rouble is not backed by gold, neither btc (unfortunately )
There is no gold standard in Russia

 

[OffshoreDude]

Aren't most real estate investments in "legacy countries" doomed to fail in the long run, because of their demographic decline, which affects both appreciation and cashflow (reduced demand, what leads to declining rents and vacancies)?

 

[Cloudbanck]

Yeah, demographics will have a huge impact on real estate. One can already see this in countries that are ahead of the curve in the decline like Japan. There, houses on the countryside are remarkably cheap, and sometimes left abandoned. Tokyo is still holding up pretty well though.

I think attractive cities, and other places people want to move to like beach/lake/mountain towns will not notice much of the demographic decline, whereas it can be dramatic elsewhere. I think millionaires migrating patterns will matter a lot too, real estate in places receiving millionaires will still do fine. For 2024 places receiving millionaires were: UAE, Singapore, US, Canada, Switzerland, Australia, Italy, Portugal, Greece. Lots of legacy countries in there actually.

 

[369]

RE would be long down as demographic grow is dramaticly if not artificially pumped via immigration.

 

[369]

If you don't understand monetary system i simple call it you don't understand it

Here a nice article for you so maybe you can catch up a bit what is going on expacially as you lived in moscow and your family in average cities.

https://www.birchgold.com/blog/news/russia-gold-standard/

 

[Armani]

What about Japan?

Does anybody know how is the market, especially for short term rentals (airbnb) since tourism is booming like never before?

 

[dany]

What do you mean ?

 

[OffshoreDude]

In my opinion, every short-term rental venture anywhere is in constant danger of sudden regulation that hinders or even prohibit such activities, or make it unprofitable with special taxes or state fees.

 

[vehzag]

As I explained above
If you know how to deal with okupas and find the occupied flat at very low price
You can negotiate with okupas the conditions that they are ready to move out with
And then close the deal with potential seller of such property

 

[Houdini]

How do you invest in Russian Real Estate now a days if you don't live there and as long as the world looks like it does?

 

[dany]

It’s corrupt and criminal that they’re exploiting other people’s investments for their own gain!

 

[Shoresy]

Seconded. I'd be interested.

 

[Dreamy]

What are the downsides to investing in an apartment in Bangkok? There are two business districts in the city center, where you can buy a good studio apartment or even something bigger for $200-300k and rent it out through an agency on a long-term basis to bank managers, insurance companies workers, etc., working nearby. I think real estate prices in Bangkok will grow slightly, but from year to year, as Asia is developing, and Bangkok is already an excellent business center, not like Singapore, but still. You can easily get 4-5% per annum after all spends. Yes, it's not much, but considering the cost of housing, it would suit me just fine. What are the pitfalls here? Also, if you will live in Thailand, you will need to pay taxes from this 'inhouse' income I guess?

 

[Meta]

• It's more like 3-4% at best usually
  
• It will take some effort to find a good property manager (doable though)
  
• It will take some effort to buy. People are not exactly business-minded. If you find a good deal and agree in principle, they may decide to cancel and relist later at higher price - happened to me twice recently. Extremely annoying
  
• Market is weird overall. People prefer to be in market selling literally for years over lowering price. This thing gonna burst one day (probably not soon)
  
• Quality of buildings may be low. Pay attention to this, otherwise it will be (even more) difficult to sell later
  

Yes, you need to pay taxes on rent income, but actually most people don't. Some get lucky reselling condos - I've seen people buy off plan, sell after completion with +50% or more in couple years. It is what I said though, luck. Many people can't sell such off plan condos without taking loss. $200-300k is way more than enough for studio if you are not looking at top-luxury buildings. It's price of a small 2-bedroom.

Good luck.

 

[cryptofriendly]

Oversupply, and people like to live in new places, not in old apartment blocks.

Especially now after the earthquake, where many buildings got damages (structural and cosmetic) there might be a lot of changes in the market.
No one trust the inspectors, and people are a bit worried.

On the other hand, there are many positive changes.

People from more countries than ever can visit Thailand visa-free now.
There have been between 10,000-40,000 5-year-valid DTV visas issued as of Nov. 2024, I guess more than 120,000 as of now.
The rents are already rising, and it's a huge change for Thailand.

 

[bubbledouble]

Where did you by the property in Spain ? and how do you get that money ?

 

[toums]

I agree with the responses from the other two OCT members.

For the long term, you’re likely looking at returns of around 3%, 3.5%, maybe 4%,or even less if you declare your rental income there. The market is oversupplied, and don’t forget the earthquake that hit Bangkok less than three months ago...

Without the ability to get a mortgage, I find it hard to see the point of buying in Bangkok, UNLESS you plan to live there and want a property that perfectly suits your tastes… or if you’re aiming for the 10-year LTR visa as a 'wealthy global citizen'. But for that, you need to invest at least $500K and prove at least $1M in liquid assets, whether in or outside of Thailand.

 

[deraty]

What about Delaware - USA? 2 years ago I purchased and sold a house there. Cost of the house was around 70K and monthly rental income was about 400-450 USD - net After insurance. And everyhing is settled in the USA. There are lots of professional property managers in USA. Better than anywhere in the world. And - there is an insurance for house . If your property becomes vacant - the insurance pays the rent when the real estate vacant. Also disaster insurance. Tax? That's why you are here. People will help you here. And if you find a Real Estate in delaware better price you will earn when you purchase with a bargain deal.

 

[Dreamy]

The goal is not to live, but to diversify, for example, buying real estate in Europe is not particularly interesting if you already have it, the US-Canada is difficult, expensive, and even there you can quite successfully own REITs, Africa is quite exotic and not attractive, but Asia should be good for diversification. 4% net is quite enough for me, considering the prospects for asset growth in a megalopolis like Bangkok. I would consider Singapore, but I think it is much more expensive there.

 

[Dreamy]

Yes, but you have to go there for that. You can't do everything remotely. Plus you have to open a bank account in the US, which is not easy. And with amounts up to 300k, I still don't think there's much point in going there.