Proud Real Estate Showcases Impressive 17% Rental Yield for 'Vaha Hua Hin' Condos
On February 23, 2024, Praowput Liptapallop, Executive Director of PROUD Real Estate Public Company Limited, revealed that the Vaha Hua Hin luxury seaside condominium project has demonstrated outstanding rental potential. The project's popular units can generate consistent monthly rental income throughout the year, attracting mid-to-long-term tenants and international tourists.
Some units have achieved an unprecedented annual rental yield of 17%, significantly higher than the local market average of 4-6%. This success reflects the project's value for both residential living and investment, bucking the overall slowing real estate market.
To support investors, PROUD launched a complementary service through Prompt Solution Management Company, which specializes in luxury project management. The service aims to efficiently connect property owners with tenants through extensive partner networks and provide comprehensive support.
The company also highlighted new transportation options to Hua Hin, including special train services from Bangkok and recommended driving routes that offer convenient access to the area.