Corporate Housing in Bangkok: The Benefits of renting monthly to corporate tenants

Bangkok is a bustling city and a hub for business, making it a popular destination for corporate travelers. As such, there is a growing demand for corporate housing in Bangkok. Renting out your apartment on a monthly basis to corporates can be a lucrative business opportunity for property owners. In this article, we will explore the benefits of renting monthly your apartment to corporates in Bangkok.

Rental of minimum 30 days are legal in Thailand

1. Steady Income

Renting out your apartment to corporate tenants can provide you with a steady stream of income. Corporate tenants often require longer-term leases, ranging from a few months to a year or more, providing you with a consistent source of rental income. This can be particularly beneficial if you rely on rental income to pay your mortgage or other expenses.

2. Higher Rental Rates

Corporate tenants are typically willing to pay higher rental rates than regular tenants, as they often have higher budgets and are looking for more upscale accommodations. This means that you can charge a premium for your apartment, generating more revenue than you would with regular tenants.

3. Lower Vacancy Rates

Corporate tenants are also less likely to break their lease early or move out suddenly, which can result in lower vacancy rates for your apartment. This means that you can enjoy a more stable occupancy rate, reducing the risk of lost rental income and the need to find new tenants on short notice.

4. Lower Maintenance Costs

Corporate tenants are often more responsible and take better care of the property they are renting, which can result in lower maintenance costs for you as a landlord. They also tend to report issues promptly, allowing you to address any problems before they become more serious and costly.

5. Hassle-free Rental Management

When you rent your apartment out to corporate tenants through BestBKKcondos, you can enjoy a hassle-free rental management experience. BestBKKcondos takes care of all administrative work, including lease agreements, payments, and communications with tenants. We also handle check-ins, check-outs, and can purchase necessary articles for the tenants upon request. In the event that any maintenance or repairs are needed, BestBKKcondos will take care of it promptly and professionally, ensuring that your tenants are satisfied with their living experience. This means that you can sit back and relax, knowing that your property is in good hands.

Bestbkkcondos also look for a yearly tenant at the same time you are renting monthly.

6. Build Strong Relationships

Finally, renting out your apartment to corporate tenants can also help you build strong relationships with businesses and corporations in Bangkok. This can be particularly beneficial if you own multiple properties or are looking to expand your real estate portfolio. By providing high-quality housing options for corporate clients, you can establish yourself as a reliable and trusted landlord, which can lead to repeat business and referrals.

In conclusion, renting out your apartment on a monthly basis to corporate tenants in Bangkok can be a smart and profitable investment. With higher rental rates, lower vacancy rates, lower maintenance costs, and less administrative work, you can enjoy a steady stream of income while building strong relationships with businesses and corporations in the city. If you are a property owner in Bangkok, consider exploring corporate housing as a viable rental option.

Contact us:

Phone Number/Whatsapp: +66895057430

Website: www.bestbkkcondos.com