Phuket, Thailand is an ever increasingly popular and unique island resort destination for property investors seeking to purchase a second or third home or to rent a villa or condo in a stable and friendly tropical island location.
Phuket as a destination for Property investors has increased in popularity over the recent years as access to the island has been made easier to European and Asian based buyers by a substantial increase in low cost carriers and more frequent flights. Phuket International Airport is expanding and adding a new terminal to facilitate the growth in visitors. This makes the possibility of short breaks and high utilization of the owner's Phuket property very achievable.
European Phuket property buyers and renters tend to stay longer on the island and utilize their homes for a longer period during the European winter. The Phuket Property market is a multi-Biliion Dollar industry. While the market has generally withstood the various local and global economic and financial cycles experienced in recent years it has remained resilient principally to the fact that it is a cash market with little debt. Phuket property prices are therefore driven more by supply and demand over time. However, prime Phuket locations tend to hold a premium and offer price stability.
Phuket Property has an ever growing popularity with families based in Singapore and Hong Kong as a weekend getaway. For retired and professional individuals and families who may wish to stay for longer periods away from the European winter, the Phuket Property market offers an opportunity for every-one.
There is a wide range of investment opportunities in Phuket from luxury ocean front villas to more affordable landed villas located close to the beach or on a golf course. For the more moderate budget, condo's and apartments with sea or golf course views are available that also would suit both families and individuals. Phuket property may also be set within a resort development with full services and offering rentals yields. These type of property provide an ideal investment for buyers wishing to achieve a rental income to offset any expenses associated with maintaining the property.
You can find our comprehensive portfolio of properties for sale and rent in Phuket, including Phuket Villas, Phuket Condo's, Phuket Apartments in the Phuket Property search function of www.PhuketProperty.com.
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