According to the Bangkok Post, more than 6,000 new apartments will be put up for sale in Phuket in the whole of 2019. The expected supply of
apartments in Phuket will be the highest since 2012.
A real construction boom has been recorded in Phuket . During the first half of this year, more than 2.5 thousand apartments were launched. About 3.5 thousand more apartments will appear on the
Phuket real estate market in the second half of the year.
Investing in real estate in Phuket is one of the most optimal and proven ways not only to save, but also to increase your savings. This is extremely relevant in the context of the economic crisis.
Why is this mountainous island with tropical forests so attractive for serious investment?
First of all, because it presents a full range of real estate transactions, from
buying apartments to building your own resort complexes. Most often
Phuket apartments are bought worth 95-160 thousand dollars. The second place in demand is occupied by apartments for 32-64 thousand. Also in demand is housing in the premium segment with a price of 320 thousand and a little more modest apartments for 160-240 thousand.
Why
buy property in Phuket?
Everyone has their own goals. Most often,
buy real estate in Phuket for the purpose of investment in order to receive a stable passive income in a stable currency and relax in their apartment for free or a holiday villa.
Someone
buys an apartment in Phuket to save money. Investing in real estate abroad is definitely less risky than keeping it in a bank deposit, given the unstable economy in Russia and the unstable currency, not to mention inflation.
Sometimes
Apartments in Phuket are being bought for the purpose of further resale and income from the difference in price from the beginning of sales and by the end of construction. A good option, but to get a good income and quickly resell, you need to approach the choice of an object wisely, and not just choose cheaper, and then try to resell with a markup of 200 percent.
Someone
acquires real estate in Phuket for his own residence on a permanent basis or as a summer house for the winter. Some - for a status purchase, as a "luxury item".
It is worth noting that the Thai government pays special attention to the development of infrastructure in Phuket to increase the investment attractiveness of the island. The world's most famous hotel chains are represented on the hotel market,
