Experts predict that the consequences of the coronavirus pandemic will be observed in the
Phuket apartments market for at least six months. The reason is that the vast majority of
buyers of apartments in Phuket are foreigners, and the real estate business on the island has always been directly dependent on the sector tourism, writes The Phuket News.
The share of foreign
buyers of Phuket apartments, which used to be 100 percent , has recently been reduced to 90 percent. Although the Thais began to
buy apartments in Phuket, The main buyers of housing on the island are Russians, Chinese Hong Kongers and Singaporeans. The main goal of foreign investors is the opportunity to receive a guaranteed income from
purchase of real estate. It is no secret that since the beginning of the pandemic, the number of tourists from China, Hong Kong, Singapore, and also from Europe to Thailand has decreased significantly. .gjacip.ru/phuket/kvartira/">apartments in Phuket. Of the 25,932 apartments, 19,199 were purchased. 4,177 apartments were sold in new buildings, which is comparable to the figure for 2018.
Sales of apartments in Phuket have been growing for the last three years.
