| You really have to identify your market. From your posts so far, that does not seem to be the case (sorry if I am wrong)
If you are near the International school, for instance, your customer base from there will be, in general, well off execs
so you would need to build an appropriate luxury type development
if you want Thais as your customers, you have to decide what class, and what are the likely rents
so on and so forth
you then have to decide how many apartments can be built to whatever specs, work out the probable rents then see if it all makes sense
a 10% return pa would be reasonable considering the risks in Thailand
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keep 'em coming |