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firstly please note i have not put this in the Swimming Pool forum as i think thats about pools and how they work or get maintained etc

 

this is about the value of a pool

 

So in certain villages(developments) there are identical houses

 

but some have a pool and some have just more garden

 

what would typically be the % uplift for the swimmimg pool....in rental terms ?

 

20, 30, 40% more per month???

 

thoughts or experiences appreciated 

 

thanks

 

 

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It would depend on who is maintaining the pool, the landlord or the tenant. A pool being maintained by a tenant can be a nightmare, they wont look after it properly and buy chemicals etc. No tenant is going to pay a premium for a pool that then costs them time and money to maintain. Alternatively, if the landlord pays a pool guy etc, then that eats into rental return. The extra rent you may get is offset by the extra costs.

 

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2 minutes ago, Peterw42 said:

It would depend on who is maintaining the pool, the landlord or the tenant. A pool being maintained by a tenant can be a nightmare, they wont look after it properly and buy chemicals etc. No tenant is going to pay a premium for a pool that then costs them time and money to maintain. Alternatively, if the landlord pays a pool guy etc, then that eats into rental return. The extra rent you may get is offset by the extra costs.

 

sorry meant to make that clear

 

*Owner maintains*

 

what you think now?

 

im more looking at how much more a tenant does actually pay for an identical 3 bed villa in an average village for one with a pool( as opposed to one without)

 

lets assume the rental values obtained are in the order of 20- 40,000 baht per month depending on length of contract and High/low season

 

Also lets ignore covid for now, just focus on the monthly rental premium for an owner maintained pool 

 

thanks

 

 

 

 

thanks

 

 

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ps sorry to be super specific 

 

also assume its a 1 or 2 year lease

 

ie not a 1 month holiday let as becasue its only a month i think the tenant wouldnt care too much about the price they would just want to have a good holiday 

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The whole landscape has changed, whatever the rent with/without a pool was, is probably a moot point nowadays. 

Someone may be able to advise what the premium for a serviced pool was (if any) but it may be a while before there is any demand for long term expat rentals.

 

 

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2 hours ago, Peterw42 said:

The whole landscape has changed, whatever the rent with/without a pool was, is probably a moot point nowadays. 

Someone may be able to advise what the premium for a serviced pool was (if any) but it may be a while before there is any demand for long term expat rentals.

 

 

agree re landscape change, and yes perhaps it is a moot point now

 

however .....for my purposes id like to prove that the 'valuation' of my rental offer has some historic credibility 

 

thanks

 

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Posted (edited)

In this market, at this time, there is no premium for a pool. Negotiate hard and you can get a really good deal. Find a place that you like, for the rent you are prepared to pay, ignore the asking price and make an offer on the monthly rental and stick to it.  There is a lot of choice out there, so you will find something in the range that you want to pay that meets your requirement. 

Edited by Pilotman

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1 minute ago, Pilotman said:

In this market, at this time, there is no premium for a pool. Negotiate hard and you can get a really good deal. 

thanks

 

as indicated above i absolutely know this is a different market etc etc

 

again i was looking to determine the historic premium uplift for a pool, pre covid 

 

thanks again

 

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5 minutes ago, Gabe H Coud said:

thanks

 

as indicated above i absolutely know this is a different market etc etc

 

again i was looking to determine the historic premium uplift for a pool, pre covid 

 

thanks again

 

I can understand you wanting to know that for interest, but as the market has changed here drastically, it's rather irrelevant. 

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1 hour ago, Pilotman said:

I can understand you wanting to know that for interest, but as the market has changed here drastically, it's rather irrelevant. 

whilst the 'no premium for pool' argument suits my case perfectly, as someone who worked in property valuation for 30 years i find it difficult to accept that any given renter would pay no more for a house with a pool than for the identical house without one

 

But like i say....suits me!

 

thanks

 

 

 

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33 minutes ago, Gabe H Coud said:

whilst the 'no premium for pool' argument suits my case perfectly, as someone who worked in property valuation for 30 years i find it difficult to accept that any given renter would pay no more for a house with a pool than for the identical house without one

 

But like i say....suits me!

 

thanks

 

 

 

If you approach it with that mind set, then it won't work out for you, but that is up to you.  I can only say what I would do in your position. Believe me, your 30 years are worth very little here and in this market, which is unprecedented. You must know that I guess, or you would never have posted.   Good luck. 

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Posted (edited)

My local pool costs 40bht and is much bigger than a home pool and 100m from my house.

If I used it 3x a week that would be 120bht,

 

It'd be worth say 500bht/month.

I don't have to clean it either.

Edited by BritManToo

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43 minutes ago, Gabe H Coud said:

whilst the 'no premium for pool' argument suits my case perfectly, as someone who worked in property valuation for 30 years i find it difficult to accept that any given renter would pay no more for a house with a pool than for the identical house without one

 

But like i say....suits me!

 

thanks

 

 

 

First of all the renter has to want a pool?

 

Pool pump running runs up their electric bill.

 

What's the water temp in the pool in the hottest month of the year?

 

Is the pool big enough to swim laps or just cool off?

 

So is there really an uptick?

 

Seems you are grasping competing with your neighbors for rent.

 

I think the question you should be asking the forum members, is how much extra they would be willing to pay for a pool?

 

Might find out the answer is zero?

 

 

 

 

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2 minutes ago, bwpage3 said:

First of all the renter has to want a pool?

 

Pool pump running runs up their electric bill.

 

What's the water temp in the pool in the hottest month of the year?

 

Is the pool big enough to swim laps or just cool off?

 

So is there really an uptick?

 

Seems you are grasping competing with your neighbors for rent.

 

I think the question you should be asking the forum members, is how much extra they would be willing to pay for a pool?

 

Might find out the answer is zero?

 

 

 

 

i believe thats precisely what i am asking!

very good point about the pool size though

So.....as referred to above if you had a modern 3 bed detached villa in a nice neighbour hood , half of them had pools the other half didnt, how much more would you pay for one with a MAINTAINED pool thats 8m x 4 m, that is a pool that great for kids but not really great for adults as they cant do 'proper' swimming in that(IMO)

assume a rental in the order of 25000 baht a month

 

I accept the point made earlier that this is all academic

 

thanks

 

 

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