If you have ever dreamed of living on a tropical island covered by one of the world's most beautiful beaches, then Phuket in Thailand is a name you must have heard of. And now, it is the time for you to consider investing in Phuket's real estate sector. Before you jump to that next thought in your mind, consider the prospect of owning a condo for sale in Phuket. This place is a central hub of international lifestyle and it enjoys the privilege of top choice for expats from all over the world.
Phuket has a marine sector which happens to be an attractive component of the vast opportunities that this place has for leisure and tourism. It is also known for fantastic marinas, deep sea diving and for conducting international events where dignitaries from the nearby South-East Asian nations such as Malaysia, Singapore, Hong Kong, China, India, and other nations frequent.
While being one of the most visited places in the world, the real estate pricing in Phuket remains quite affordable as compared to USD, GBP, CAD, AUD, etc. For just under USD$200,000 you could own a beautiful villa, you would not get to enjoy such a luxury in Europe or North America.
Tourism-driven growth and demand:
Phuket has witnessed the massive growth of visitors of over 8% for the last 10 years. Despite the economic slowdown of 2007-2008, Phuket's real estate value has kept increasing.
Financial gains from real estate purchase:
Capital gains and appreciation of property values are some of the financial gains you can expect from the city. This financially rewarding city holds the key to some of the beautiful villas and high-rise condominiums that always gain traction from tourists wanting to rent vacation homes or condos for partying or vacationing.
Many tourists tend to stay in Phuket anywhere between a few months to a whole year. During times like these, they would want to relax in a luxurious condominium overlooking a wonderful beach and if you take advantage of this opportunity, you could be looking at an annual gain of 6% to 8%.
The South Phuket location, more specifically, Rawai, has seen a sharp increase in land prices and here, marketable condos are available. From studio apartments to 1, 2, and 3 bedrooms are all for sale at the most affordable costs. Phuket condos on sale come fully furnished, with bathroom and kitchen utilities, running water and power offered, so, all you have to do is move-in.
When deciding to buy a real estate of higher value in Thai Baht, you should rely on the guidance and geographical superiority of All Phuket Condominiums, that is a real estate agency located in the city. From this location, you'd get a sea view of the Chalong Bay and even gain access to swimming pools and jacuzzi. You'd have a 24/7 reception and security, access to restaurant facilities, fitness centers, CCTV, underground parking located beneath each building, speed boats for trips to nearby islands, and much more.