When David decided to invest in real estate in Bangkok, he was looking for a property that combined long-term value with immediate rental potential. What he found was more than just a condo—it was a strategic opportunity that turned into a remarkable success.
Located in the vibrant and well-connected Punnawithi area, David's apartment is on the top floor of the sought-after Elio Del Ray development. He secured an off market unit for THB 2,350,000, recognizing the value not just in its price, but in its potential.
David, with the help of Elisa's trusted interior designer, invested approximately THB 300,000 in renovations, transforming the space into a modern, stylish home ideal for long-term tenants. The improvements not only increased the apartment’s appeal, but significantly boosted its rental value.
Today, the property is rented at THB 22,000 per month, bringing in consistent, passive income. Based on his total investment of THB 2,650,000 (purchase + renovation), the gross ROI stands at approximately 9.96%, well above the average for similar units in the area.
This case is a perfect example of how strategic renovations and market insight can turn an affordable Bangkok condo into a high-performing rental asset. Daniel’s experience demonstrates that with the right approach, even a modest investment can deliver strong returns—especially in a market as dynamic as Bangkok.
