Phuket, Thailand is one of Asia’s most desirable dream home destinations. Phuket offers magnificent scenery, stunning beaches, diving reefs and some of the world’s most exclusive recreational facilities including spas, world class golf courses, marinas and a wealth of fine restaurants and shops.
Below you will find a few reasons why Phuket also is a perfect place for property investments.
- Phuket is one of the fastest growing property markets in the world with an increasing number of high quality projects by internationally-renowned luxury real estate developers. Environmentally-friendly planning laws and height restrictions ensure that developments are low key and low density.
- Land prices have risen some 300% to 400% in only 5 years (in some locations even more).
- No less than sixteen 5 star hotels are stated to be coming to Phuket over the next few years.
- Despite the rapid enhancements, the cost of living in Phuket remains around 1/3 of those in the UK.
- Phuket is the wealthiest province in southern Thailand and so enjoys all possible protection and encouragement from the central government in Bangkok.
- Continued strong rental returns are expected given the fact that there were almost 5 million visitors to Phuket in 2006 and with visitor arrivals predicted to top 6 million in 2008, the demand for holiday rentals will continue to grow.
- There are now over 200 flights into Phuket EACH week! The airport extension is well underway as visitors are forecasted to increase by as much as 20%.
- Phuket offers six international golf courses making it Asia’s number 1 golfing destination.
- Offers an attractive infrastructure such as world-class hospitals and medical care as well as international schools.
Ferrari and Maserati opening a fully serviced outlet in Phuket Town. - In an article titled ‘Paradise Found: Where to Retire Abroad’, Fortune magazine recently named Phuket as one of the top five places to retire to.
Explore Phuket property for sale at International Luxury Real Estate.
