Yield Gross / Net

Definition

Annual rental return on a real estate property. Gross yield = annual rent / purchase price; it does not account for charges and taxes. Net yield = (annual rent - condo fees - taxes - vacancy - management fees) / (purchase price + acquisition costs). In Thailand, a Pattaya condo offers 5–7% net for long-term rentals and 8–15% gross for Airbnb. In central Bangkok, 4–6% net long-term. In beachfront Phuket, 6–9% gross. Always calculate on a 12-month net basis for comparison.