Net yield — what it means
Net yield is the annual rental income after all costs (management, CAM, utilities, wear) as a percentage of capital invested. A realistic Phuket condo range is 5–10% net; any “12–15%” deserves a hard look at the maths.
How net yield is calculated
Net yield is the year’s rental income minus all owner costs — the management commission, CAM fees, utilities, insurance, minor repairs and furniture wear — divided by the full purchase cost including fees and furnishing. Gross yield, which ignores costs, always looks noticeably better, but it is no basis for decisions.
A forecast is not a fact
Yield figures in developer presentations are a forecast or a marketing promise, not a verified return: the calculation methodology and the assumed ADR and occupancy need separate scrutiny. For resale units, actual rental statements from past years are more reliable; for new builds, compare against operating complexes of the same class and location.
How this works with us
We calculate net yield on the specific unit — with the complex’s real costs, seasonality and the rental programme’s commission — and show the calculation before reservation. For programmes with fixed payouts we keep a dedicated collection of guaranteed-yield projects where the terms can be compared side by side.
Frequently asked questions
How does net yield differ from gross yield?
Gross is rental income against the purchase price, ignoring costs. Net accounts for management, CAM, utilities, vacancy and wear, so it is always lower — and it is the figure used to compare properties.
What net yield is realistic in Phuket?
For condos in functioning rental programmes — around 5–10% net, depending on location and class. Promises well above that call for checking the method: what was assumed for ADR, occupancy and costs.
Can I trust a developer’s yield forecast?
A forecast is a promise, not a result. Request the calculation methodology and compare it against actual statements from operating complexes of the same location and class.
Real rental yields in Phuket →
See it on a real property
Terms matter when there is an actual deal behind them. We will show how this one works on a project from the catalogue — documents and numbers included.
Browse the catalogue