Phuket is a hilly, rainforests island surrounded by the Andaman Sea. It is home to some of the most famous beaches in Thailand, dotted along the western part of the island over the clear blue sea. Luxurious sea-facing resorts, spas, cafes, and restaurants are interspersed throughout this province. Its capital has bustling markets selling traditional products and handicrafts. Patong is a major tourist hub.
When is the right time to buy?
Now! Yes, you heard it right. Virgin ocean view land (land which has been left untouched) is something of a rare sight today in Phuket. And there are countless good reasons that can be attributed to it; relatively cheap land, ease of buying, beautiful locales and so on and forth. So, the right way to make an investment is to buy Phuket property.
Best-term strategy for real estate developers is to further develop low rise building by increasing their height.
The Tsunami was a terrible blow to Phuket, yet it was a one-off event, which was not able to completely destroy the coastline of Phuket as the media and the Internet may have you convinced. All of this, points towards the fact that buying property should be done at the earliest because prices are going to keep on their upwards trajectory.
The Government of Thailand has regularly pumped money into big-ticket infrastructure projects such as roads, airport, hospitals, and schools. This has been a shot in the arm for the tourism sector in the country.
Encroachment on beaches by real estate has been successfully averted and mitigated by stringent rules, making the beaches a hotspot for tourist activities. Easy accessibility is ensured in this way.
More complexes and condos are going to be constructed over the next decade, but that doesn’t mean that good property will lose their sheen anytime soon. Hence they still are an investment that offers bangs for the bucks you pour in.