Phuket is by right the most popular resort in Thailand. And this is because here: a very developed infrastructure, the western and southern coasts “dotted” with snow-white beaches with crystal clear sea, there is a great variety of attractions for adults and children (read more about vacation with a small child in Phuket). All this bliss beckons tourists and, thanks to them, the demand for Phuket real estate is kept at a high level.
Buying property in Phuket is a good investment of money because of the ever-increasing prices. But due to the unique characteristics of the island’s coastline, a bit of care needs to be taken when purchasing a home.
Geographical featuresThe west coast of the island is very rich with comfortable beaches, attracting travelers with its snow-white sand and washed by a warm sea of crystal clarity. It is here that tourists most often buy accommodation for accommodation, recreation and nightlife.
The eastern coast of the island.
The eastern coast of the island is less favorable for the life of tourists because of the large number of unremarkable fishing villages and almost a complete lack of beaches. However, it has its advantages – it is the most convenient to get to other Thai islands and resorts. But this is not enough to make real estate in the eastern part of Phuket no less desirable for travelers.
So when buying a home in Phuket, consider not only the scenic view from the window, but also the geographical part of the island.
seasonal features
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Potential buyers of real estate in Phuket should also not forget about the peculiarities of the season on the island. From early November to mid-February is the most favorable weather. It is during this time the island is visited by the greatest number of tourists, due to which the prices for buying and renting homes increase.
In the second half of February the weather starts to deteriorate, there is a proportional increase in rainfall and a decrease in the flow of tourists. Real estate is no longer in such demand and falls in price. As for the rent, at this time, the owners try to rent their homes for a long time. Read more about seasons in Thailand!
other features
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Unlike villas, cottages and townhouses, it’s not easy to find condominiums in Phuket – there are virtually none. If you do find them, they are likely to be high class with: swimming pool, gym, restaurants, paid guarded parking and other amenities.
Buy a villa in Phuket, as in the rest of Thailand, a foreigner can only register it in the company, which means the additional cost of its registration and legal fees.
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With each year there are more and more tourists on the island, and the construction of housing is not really ramping up. Sooner or later the demand for property in Phuket will noticeably exceed the supply, which will affect its pricing. Therefore, it is a win-win investment in your future and the future of the Thai economy.
Read More:- A complete overview of the Thailand real estate market.
- Tips for Buying an Apartment in Thailand.
- 10 Phuket hotels for holidays with children, their advantages and disadvantages.
- Holidays in Phuket with children – hotels, beaches, entertainment.
- Taxes on buying or selling real estate in Thailand.
- The best hotels in Pattaya for children.