Property for Sale in Phuket

Buying a home in Phuket is a popular way of investing in real estate. The real estate market in Phuket is growing and, according to expert analysts, the growth will continue for at least another 8-10 years.

Why is real estate market on the island so popular?

The fact is that when buying an apartment in Thailand, the developers offer a special, very attractive feature- the homeowner will receive a guaranteed return of investment, 5-10% during the years specified in the contract. Most often, we are talking about the period of 3-10 years.

Properties in Phuket are sold fully-furnished, ready-to-move in, starting from stylish finished and a furniture package up to all the kitchen appliances.

You may buy an apartment in Phuket at the very beginning of sales - at the stage of excavation. In this case, the cost of buying an apartment in Phuket will be minimal. By the end of construction in 2-3 years, the value of real estate will increase by 20-30%.

Buying apartments on the island is popular in the following areas:

• Kata
• Karon
• Bang Tao
• Layan
• Mai Khao
• Nai Harn
• Rawai

Under a guaranteed income program, property management in Phuket is undertaken by the management company. You do not need to worry about finding tenants, checking in and out guests, cleaning the apartment, minor cosmetic repairs and other issues. At the same time, you may spend your vacation in your apartment for up to 30 days a year - as a rule, it is 15 days in the low season, and the same amount during the high season.

Some developers, when selling their projects in Phuket, offer the guaranteed buyback of an apartment after the amount of years specified in the contract. Thus, you buy an apartment, earn income for several years, and enjoy your vacation in your own apartment on the island of Phuket, and then you sell it at the same price that you paid at purchase and fully return the invested funds.

Moreover, the purchase of housing at the stage of construction generally is safe - over the past 10 years, 75% of the objects were delivered on time, 15% with a delay of up to 3 months, 9% with a delay of up to six months and only 1% of the object was not completed. To enter the real estate market in Thailand, a real estate developer needs to prove its reliability to the local Construction Department.

Worths mentioning, that the main revenue the company will gain not from the selling apartments, but from management and subsequent leasing.

If you are interested in buying hotels (Phuket), but there are way too many options to choose from on the market, write or call us. We will be happy to answer all your questions. we will organize a tour of the selected objects and give an objective assessment!