How To Make Property Investments In Phuket

Property in Phuket, Thailand is a very popular choice amongst expats and locals alike. Many expats buy property in Phuket in order to live there full time. The real estate market in Phuket, Thailand is starting to pick up as the rest of Thailand takes a breather from the global recession. Property prices are continuing to rise in Phuket as the rest of Thailand is doing the same. Investors are jumping into the market with both feet, wanting to get in before the prices start to fall and then recoup their investment.

For anyone looking to buy property in Phuket, Thailand, the primary concern is location. The best area to look at for property is somewhere that has a nice mixture of both tourism and low investment opportunities. In recent years, the two have become more intertwined, with many new hotels, resorts and villas coming onto the market on the west coast of Thailand. This means that properties closer to the beach are generally more expensive, but also tend to have better facilities and more-holiday home rental opportunities.

When looking to buy property in Phuket, Thailand, remember that there is always the potential to sell if things turn sour. The two major national holidays - Songkran and New Year - are usually busy times of the year in Phuket. Tourists from western countries arrive on these shores to soak up the Thai atmosphere and have fun in the sun. In the months of July and August, however, come the hotter months. Both these peak seasons are synonymous with ever-growing crowds of visitors. Some areas of Phuket, Thailand experience higher rates of holiday rentals, while other areas have lower.

It is during these times, which you will find the highest numbers of property sales in Phuket. The main areas to look out for when looking to buy property in Phuket include Patong, Nai Harn, Nang Yuan, Bophut, Hua Thanon, and Karon. If you want to get the best deals on the west coast, then head to the coastal areas between Mai Khao and Nai Harn. These are the most sought after places for property investment.

Another hotspot for property investments in Phuket is the town of Mai Khao. Mai Khao is the largest town on the west coast, housing many foreign investment companies. Some of the well known companies based in Mai Khao include AIG, BP, and Transworld Resorts. The real estate market in Mai Khao has recently seen a spike, with many foreigners queuing up for property investments in the town. Click here for more details about property phuket

Finally, if you are looking to make a long term investment in Phuket property, then you should check out Phuket's sister island of Phang-Nga. It is a small island, but does have some of the most exclusive and luxurious beaches in all of Thailand. Property prices in Phang-Nga are currently increasing. However, if you invest now, you can be assured that they will soon increase in value as well. So, if you want to make a long term investment in property, then you should definitely consider investing in Phuket.

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