How to Maximize Rental Yield from Flats in Thrissur

Posted onJun 03, 2025

What do you do if you have to move out of Thrissur suddenly for a job change? Or let’s say that you want to purchase a new home. Whatever the reason, you now have to decide what to do with your existing flat. There are one of two things you can do. Rent or sell: what’s the best option?

We highly recommend considering letting your flat out. With the city emerging as an IT hub, and its reputation as a major financial centre, renting in Thrissur has become a lucrative activity. If you want to get maximum rental income, here are some tips:

Location is Critical

The location of your apartment is of prime importance. It could make all the difference between getting high rents or vacancy.

• Safety and security of the locality is crucial.
• A clean locality with no garbage dumps or other health hazards is ideal
• Essential household goods, daily groceries, home needs, and other items a family needs on a daily basis should be easily available
• Primary medical health facilities and medical stories should be present
• Primary educational facilities should be located close by.
• Being an essential service, banks and ATMs should also be in the area
• Easy access to major roads and public transport is a must
• The building should be ideally located on or just off the main road rather than in a narrow by lane
• Parks, gardens, playgrounds, malls, theatres and so on would be a huge plus
• In case the apartment is in the heart of the city, proximity to major offices, bus stops or railway stations etc. is essential.

Research the Builder

Do some background study on the builders whose apartments you like, and verify if the builder has provided everything as promised initially and within the time and budget. Check the construction quality and layout, and the amenities provided.

Study Market Trends and Rents

It is important that you research factors like the demand for rental properties, occupancy rates, how much it has grown and so on, to make informed and smart investment decisions. Examining the average income from various locations will tell you where the rents are the highest; you can also check the potential of future appreciation in value of the property. This will help you make fairly accurate predictions, and choose properties with the best rental potential. This should be a priority in your real estate investment strategies in Thrissur. 

Calculate the ROI and Expenses

Calculate the total cost or purchase including stamp duty, registration fees, insurance premium, taxes, brokerage etc. In case of a home loan, think of how your EMI repayments will impact your net returns. Compare all of this against your expected rental income. This will help you see what your ROI will be.

Target the Right Tenants 

You need to identify who you want to rent out your flat to. Will you only give to families, or are you OK with students or bachelors? Once you know your ideal tenants, you can customize the property features to suit your requirements, so that you will have a continuous flow of tenants.

Enhance Property Appeal

If your apartment is not in a good shape, no locality can work its magic. Here are a few things you can do to enhance the appeal of your property: 

• Give it a thorough deep clean 
• Ensure that the walls have a fresh coat of paint before you let it out
• Repair all leaking taps and broken pipes; check the wiring and fix any faulty switches
• Check for cracks in the wall, broken tiles and so on
• If you provide appliances like fridge, A/C etc., then make sure they are in working condition
• For furnished apartments, check that there is no broken furniture etc
• If it's an upscale building, you can turn the flat into a smart home to attract tenants willing to pay more.

Conclusion

It is not overly difficult to ensure high rental yields for your flat; you just need to do a little study, and take some effort over maintaining its appeal. A Varma Homes apartment will always give you a high rental income as it comes from one of the most trusted builders in Kerala. We have a reputation for excellence in construction, and we always deliver what we promise, within the budget and on time. The amenities we provide are unparalleled, and all our properties have been approved by RERA.

Thinking of renting your Flats in Thrissur? Discover simple tips to boost rental yield and attract the right tenants.

FAQs

What factors influence rental income from flats in Thrissur?

Rental income depends on several factors including the flat’s location, proximity to schools, hospitals, and transport, the condition of the property, available amenities, and current market demand in Thrissur.

Is it better to rent or sell my flat in Thrissur if I’m moving out?

If the location is good and demand is high, renting can offer consistent income and potential property appreciation. Selling might give you a lump sum, but renting often provides better long-term returns.

How can I make my flat more attractive to tenants in Thrissur?

Ensure the flat is clean, freshly painted, and all utilities are in working condition. Adding basic furnishings or appliances and offering features like smart home tech can help attract quality tenants and higher rents.