Cost Effective Ways to Increase Rental Returns from Laos Real Estate
Property can be an expensive investment especially if returns on that investment are low. For individuals looking to maximise the returns they make from investment in Laos real estate, there are a number of ways this can be achieved. What follows are seven tips to help you increase the quality of tenants you secure and for increasing the demand to rent your properties.

1. Routine Maintenance
The maintenance and upkeep of any investment in Laos real estate is the way to acquire and retain good tenants. It can also help achieve increased rental returns. It is worth remembering that maintenance work that is left undone can result in more expense than necessary when it is eventually fixed.

2. Financial Matters
In the world of property, you really should check your finances regularly. New mortgage, at a more preferential rate could help ensure better yields from your property portfolio. Find out from your accountant or tax advisor to see if you qualify for any additional tax benefits.

3. Upgrading your Property Interior
Kitchen – Paint those areas that get the most use or replace surfaces. Taps, cupboard doors, and door knobs are all easily replaced. New worktops can also be a quick and inexpensive way to brighten up a kitchen and create a fresh new look. Think about adding new facilities, especially a dishwasher if you have space. The Laos real estate market has matured and tenants have increased expectations of rental properties.
Bathroom – Make sure it has good ventilation. Change old chipped tiling, and replace missing grouting. Refresh painted areas with a new coat of, if necessary, using a mould resistant paint. Bathroom blinds or curtains can be cleaned or replaced and choose maintenance friendly replacements wherever possible to minimise future costs. Interior walls should also be refreshed with a new coat of paint to present your property in the best light.

4. External Improvements for Laos Real Estate
Consider the climate when planning external improvements. Upgrade garden plantings so they are as low maintenance as possible. Look to install car ports or parking spaces and create shade-sail covered areas to make gardens more useable for your tenants. Add a new front door to increase important kerb appeal. Door knob can be replaced, always choose the latest styles and security lights can add to rental value. Security screens on doors and windows will also be popular with potential tenants. Other features such as clothes line and extra storage will also be well received.

5. Family Friendly Laos Real Estate
Families looking to rent generally have more specific needs compared to other tenants. Family friendly Laos real estate will need to have bathtubs as well as a shower. Gardens will also need to have secure fenced areas for children to play.

6. Make the property pet-friendly
To attract pet-owners you could add fencing. If fencing is in place, make sure it is pet proof by looking for gaps where dogs can escape. Cat or dog doors are an easy way of making a property more pet friendly. They are also cheap and easy to install.

7. Large-scale Repairs and Maintenance
When you're renovating, it's important to make sure you do not spend too much. However, if your property is in need of some significant work, start by painting the exterior. Also worth considering is new flooring; carpet is always cheap. Kitchens can be renovated by replacing cupboard doors or for a really quick job, simply replace cupboard handles with the latest style.

Conclusion
Any investment in Laos real estate needs to be regarded as a business venture. In order to increase returns there are a number of simple steps that can be followed to ensure your property is maintained and your tenants are happy with their home or business premises.