Setting Your Rental Price
What to know when setting your monthly rental price
Landlords can set their own rental rates based on the length of stay, as follows:
Landlords can set the rental rate for each period based on market rates and overall suitability. Setting an appropriate rental price can help make your property more attractive to tenants.
Example: Setting Your Rental Price on Nomavaa
When listing your property, you can set the rental price for each stay length directly.
📋 Rental Pricing Requirements
Stays of 1 Month to Less Than 6 Months
The rental price should be set to include all costs, without additional charges to the tenant, and should be calculated based on a reasonable estimate of average actual usage. This helps avoid setting the rental price unnecessarily high, which could make the property more difficult to rent.
However, if landlords would like to manage electricity and water costs, they can clearly state in the house rules the maximum monthly amount of electricity and water included in the rent for stays of at least 1 month but less than 6 months. If the actual cost exceeds this amount, landlords can choose whether to ask the tenant to pay the excess.
You can use the following wording in your property listing:
Utilities Included up to a Monthly Cap
The monthly rent includes electricity and water up to a total of THB [X] per month. If actual usage exceeds this amount, you may be asked to pay the excess, calculated based on the actual rates charged by the relevant utility providers.
Stays of 6 Months or Longer
Set the rental price excluding electricity and water. Tenants will pay these costs separately based on actual usage, according to the bills issued directly by the relevant utility providers.
Internet (Wi-Fi)
This should not be charged separately to the tenant.