Phuket has enjoyed ten years of steady property development, firmly establishing the island in the global premier league of lavish playgrounds with a wide range of luxury real estate on offer.
One of the reasons why Phuket is so attractive as a leading holiday and retirement investment destination is its location. Phuket is less than three hours flying time from all of South-east Asia’s commercial centres, and in most cases accessed by scheduled direct flights.
Phuket property is popular with high-end investors, particularly those with an interest in yachting and golf. Two new golf courses are being launched to add to the existing five, two marinas including a super yacht marina, top class restaurants, Maserati and Ferrari outlets, and some of the best medical facilities in Asia, if not in the world.
“It is best to buy real assets in Thailand at this point and that means banks and property” wrote Wall Street Journal March 4, 2008. With the rapid economic stimulus packages being implemented by the new government in Thailand, international financial advisers are pointing to Thailand as the place to invest and in particular in Phuket real estate.
