Phuket is the pearl of Thailand, famous for its snow-white beaches, turquoise waters and lush tropical greenery. No wonder that this island attracts not only tourists, but also investors who want to buy real estate in this paradise corner.
Real estate prices:
Property prices in Phuket vary depending on the neighborhood, type of housing and its location.
- Condominiums (condos): from 1.5 million baht (US$40,000) for a studio to 10 million baht (US$265,000) for a luxury ocean view apartment.
- Villas: from 5 million baht (US$130,000) for a small villa to 100 million baht (US$2.6 million) for a luxury villa with a pool and private beach.
Popular areas to buy property:
- Patong: The busiest and most popular tourist area with many hotels, restaurants, bars and stores.
- Karon: A quiet neighborhood with a beautiful beach and secluded atmosphere.
- Kamala: A great option for families with a quiet beach and a variety of restaurants.
- Laguna: Upscale neighborhood with luxury villas, golf clubs and beautiful scenery.
- Chang Thai: An area rich in nature and quiet beaches, popular with outdoor enthusiasts.
Phuket real estate investment:
Buying real estate in Phuket can be a great way to invest.
Rental income: The island is known for its high demand for rental properties, especially during the season (November-April).
Value Potential: Phuket real estate prices are steadily rising, making the investment attractive in the long term.
Important points for investors:
Foreign ownership: Foreigners can own an apartment in a condominium, but no more than 49% in a particular project.
Taxes: Property taxes are approximately 1% of the value of the home.
Risks: As with any investment, you need to be prepared for risks associated with price fluctuations and changes in legislation.
Phuket real estate is a great opportunity to enjoy life in a tropical paradise and ensure financial stability.
Before making a decision, it is important to thoroughly research the market, consult with experts and weigh all the risks.
We wish you the best of luck in your investment journey!