Investment Property in Phuket - Thailand
Phuket Real Estate
The Thai island of Phuket is most definitely a tropical paradise. With an average year round temperature of 27 degrees centigrade, Phuket is a place for those who want, and more importantly can afford to live in luxury. To quote Homes Overseas Magazine's Kathy Sandler:
"The island, located around 860 kilometres from the Thai capital Bangkok, has become the playground of divers, luxury holiday makers, eco-tourists and sun-seekers from around the world, and for good reason. Mountains cover around 70 per cent of the island and the lush, inland forest is beautifully complimented by pristine white beaches, creating a perfect property idyll."
Phuket is Thailand's most mature market having been popular with tourists for a few years now. As growth in Thailand's property market has and is predominantly fuelled by tourism this has consistently pushed up property prices on the island, but according to experts there is still room for big profits. One Phuket real estate expert who can't be named told me that prices rose 100% over the past 2 to 4 years on luxury properties priced between £500,000 and £5million.
The benefits of Phuket's continued popularity are a strong holiday rental market and a well developed infrastructure that hasn't affected any of Phuket's beauty. If you can afford to pay a little more Phuket is the perfect place to buy a holiday home. You get a lot of property for your money.
Take David Stanley Redfern's Phuket property, in the afore mentioned luxury price bracket, with prices between £480,000 to £695,000. For that you get a massive 4 or 5 bedroom villa on plots ranging from 1600 -1920 square meters. The villas have all luxury fittings, including solid teak flooring, and are built round a central courtyard containing a large infinity pool. What more could you ask for?
Featured Property in Phuket
Layan Hills Estate
Like Koh Samui, prices of luxury resort villas in Phuket have recently grown by 100% over 2 years. Phuket is world-renowned for its white sandy beaches, turquoise waters and inland jungle as well as its fantastic climate and scenery. Phuket is the most mature Thailand market, its growth having start a fair bit earlier then Koh Samui, as such prices are higher, but you get so much luxury for your money and there is still room for a profit and the quality of these as a holiday home investment simply cannot be ignored.
Layan Hills consists of 4 and 5 bedroom resort villas, prices start from £480,000. Each Villa has solid teak 6" flooring, black slate bathrooms & corridors, cultured stone exterior walls, Sun Paradise concertina glass doors and state-of-the-art modern kitchens establishing a fresh, clean minimalist interior. All construction and materials are utilized to the highest Western standards with exquisite finishings. Individual lots are 1600 - 1920 square meters each...
£480,000 - £700,000
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