Interesting Real Estate Investments for Beginners in 2024

When talking about interesting investments, real estate investment must be one of the options. If compared to other investments such as stocks or gold, real estate investment is less volatile and provides higher returns compared to debt instruments, bonds, or deposits. Let’s see what types of real estate investments can be made in 2024.

1. Speculative investment
   Speculative real estate investment is a popular investment form for new investors, such as making a profit from selling condo reservations, which is a short-term investment with a small investment and fast returns. The investment to buy reservations is usually between 50,000-100,000 baht. If counting from the first day the project opens for reservations, most reservations are sold within 1 month to avoid the burden of transferring ownership.
   Investment technique: You must study the project location to make it easy to let and make a high profit. The location must be in a good location, near the train station, near the workplace. In addition, you must also study the needs of buyers and the number of projects selling in that area, which are important factors that will make selling reservations fast and profitable.
2. Monthly rental investment
   This type of investment is suitable for investors who are lazy and may need to have some spare money or savings to invest to avoid future burdens. Investors can choose to invest in real estate such as condominiums, single houses, townhouses, and commercial buildings to rent out monthly.
   The location is an important factor for tenants to consider, as well as the appropriateness of the rental price, furniture, and electrical appliances so that tenants can pack their bags and move in immediately. These are all factors that can entice tenants to rent out easily and get good returns.
   Investment technique: Monthly rental investment can be created consistently. Factors that investors should consider are selecting the real estate to rent out. It must be in a good location, close to work, and educational institutions, with a reasonable rental price that tenants can negotiate. This will be able to entice tenants in this era.
3. Investing in real estate funds
   This is another form of investment with low risk, suitable for new investors, and can be invested continuously. Moreover, this form of investment does not require a large amount of capital but provides consistent returns in the long term. In addition, the investment is managed by professionals who invest in real estate, focusing on consistent returns in the form of rental fees. The returns will be distributed to unit holders in the form of dividends. Currently, most real estate mutual funds provide an average return of 6-10%.
   Investment technique: Although it is a convenient investment, beginners can invest. There are fund managers who select and invest for you. However, you should study the factors that affect the selection of a real estate fund, such as location, tenant ratio, dividends, liquidity, and the business being invested in.
   You can study this from the fund prospectus, fund management company, or investment advisor, and search for more information about the fund on the fund’s website.

4. Investing in renovating old houses to sell
   This is an investment in buying real estate, whether it is a second-hand house or a second-hand condo, renovating it, and selling it, which helps increase the value of the house and condo.
   Some investors choose to buy real estate from auctions by the Department of Enforcement or assets awaiting sale from financial institutions, which are cheaper than the market price and have a good location to renovate to look like new, decorate it beautifully, and then sell it at a higher price.
   Investment technique: Consider initially what the overall condition of the house or condo you are interested in is, whether it is in line with the price offered by the seller or not. You also have to think about the renovation process, such as how much the value of the house will increase once it is done, and whether it is worth investing or not.
   All of these are investment formats that help new investors make investment decisions that are more suitable for their needs in 2024. But don’t forget that every investment has risks, whether it is high risk or low risk, there is still risk. Before investing, you should be prepared, to study the investment formats you are interested in, assess the risks, how much risk you can accept, and whether the returns are worth it before investing.

Recommend condos near tourist attractions, another interesting option for investing in rentals.

1. Once Pattaya is a mixed-use condominium project developed by Honour Group. It is a high-rise condominium that contains 427 units across 32 floors. 

Room Types and Details
Studio (28.00 – 28.60) SQM.
One Bedroom (34.00 – 34.80) SQM.
Super One Bedroom (56.4 – 57.2) SQM.
Two Bedroom (51.80) SQ.M

2. The Panora Pattaya is a condo and apartment project. It has 342 units across 38 floors.

Room Types and Details
Studio, 1 bathroom (31 sq.m)
1 bedroom, 1 bathroom (33 – 37 sq.m)
2 bedrooms, 2 bathrooms (70-79 sq.m)

3. Arcadia Millennium Tower is a condominium in a golden location in the heart of Pattaya, a sleepless city to fulfill every moment of life. The wealthy neighborhood, includes entertainment venues, cafes, restaurants, shopping centers, and popular tourist attractions such as Pattaya Beach, Pattaya Walking Street, Royal Garden Plaza, Central Festival Pattaya, etc.

Room Types and Details
1 Bedroom 1 Bathroom (27-50 sq.m)
2 Bedrooms 2 Bathrooms(41 – 83.5 sq.m)

4. City Garden Tower is a condo and apartment project with 465 units and 29 floors

Room type and details
Studio rooms (from 24 sq m.)
1 bedroom (35- 44 sq m.)
2 bedrooms (from 70 sq m.)