Investing in a vacation home in Rayong is in many ways a more attractive proposition than what you will find elsewhere along Thailand’s long coast line. Rayong is close to Bangkok, it has more natural attractions than most other coastal provinces and you will find fewer other foreign tourists.
Rayong is only a 2-hours away from Bangkok. A public minivan will cost you only 160 baht and even if you take a taxi straight to the beach in Rayong, you will seldom be charged more than 2600 Baht. Once the high speed train gets built – a dream today, yes, but eventually it will come true – it will only take you 1 hour and cost 360 baht to reach Rayong.
Rayong is the second most popular tourist destination in Thailand. So how come it doesn’t feel crowded with tourists? Because most of the tourists are Thai people! Rayong also has a bigger original population than other popular destinations. In combination of the two, you probably have the answer to why the people of Rayong are more friendly towards foreigners and why the level of prices here is more like in the Thai countryside.
Mae Ramphung Beach
Jens Brøchner Nielsen, the Danish CEO of VIP Real Estate Co., Ltd., identified early on the attractions of Rayong and picked the longest beach of the province, Mae Ramphung Beach, as the place to built his two resorts, VIP Chain Resort and Sea Sand Sun Resort.
“We have been building, selling and running vacation homes and apartments in this area for close to ten years,” says Jens Brøchner Nielsen who personally appreciates the way the traditional Thai culture is a way of life in this province
“We are growing steadily both in terms of vacation homes and rentals and will soon need to built more houses to follow the demand,” he says.
Have a look at 10.5 pct per year
Jens Brøchner Nielsen suggests readers of ScandAsia to take a weekend out to visit either Sea Sand Sun Resort or VIP Chain Resort to enjoy the area and at the same time see if this could be a pleasurable investment for them. With prices starting from only 1.000 baht per night and it could be your most affordable weekend of the year – and the start of a good business.
“Our concept is simple. A private customer invests in a vacation home that we will then rent out, when they are not staying here,” Jens Brøchner Nielsen explains.
”The rental income is shared between us and the owner and to reduce the owner’s risk we also offer a buy-back guarantee. Even with a reduced risk, buyer will have a guaranteed return or saving up of the investment of for instance 10.5 percent per year.”
“It is a minimal exposure investment that starts at 925.000 Baht for a nice, newly renovated vacation home in an already settled village only 300 meters from the sea. Another option could be a two room house with a large roof terrace for less than 2,8 mill. Baht.”
“What ever your budget and your individual considerations for the investment we are likely to have a home that fits what you are looking for. Come and enjoy a weekend to find out more – or check the websites vipreal.info or 123-thai.com or check out youtube: welcome to vip chain resort.