Phuket Real Estate Market
The Phuket real estate market is Thailand‘s most mature resort property market. It is also the premium residential resort market for expatriates living in Asia and is now attracting ever more global buyers from further a field in search of stunning properties, exceptional locations and guaranteed privacy. Land and properties continue to appreciate as prime sites are becoming an increasingly rare commodity. Rental yields are improving as more and more holiday makers continue to arrive on the island.
Phuket has seen a building boom of late and now the property investor finds a wide variety of products to suit any budget, both for investment and to use as a holiday property. From small one bedroom apartments up to multi-million dollar ocean front estates, there is something for everyone.
A villa is the name most commonly used for a house or home in Phuket. There are a wide variety of villas on the island and many are part of a branded resort and bought as a holiday home, often with a rental or property management services. There is also a strong secondary market of relatively new resale villas which can be found all over the island. In Phuket, there are many sizes and styles of villas, from pool villas with stunning ocean views to golf villas directly on Phuket‘s many prestigious fairways.
Phuket has attracted many world-class architects and a myriad of styles and designs. Whether it is classical Thai or Tropical Modern, The Phuket Villa is the property of choice for many international buyers.