Phuket is a city in the south of Thailand, in the southeast of Phuket Island, which is in the east of the Andaman Sea. The climate is monsoon (the warmest month is April with an average temperature of +28.9 °C, the coldest month is January with an average temperature of +27.2 °C)
Advantages of living and investing in Phuket:
- great location;
- warm climate;
- natural beauty (snow-white beaches, crystal clear sea, breathtaking nature);
- local hospitality, friendly attitude towards foreigners;
- harmonious combination of a quiet life and active leisure;
- rich cultural experience;
- developed tourism industry;
- high quality and level of comfort of life;
- thriving real estate market;
- affordable pricing policy in the real estate sector compared to Europe and the USA;
- rental profitability is one of the highest in the world.
How to buy a flat in Phuket at a good price: offers on the market
Phuket is the most popular and developed resort in Thailand, the secondary real estate in the city is in high demand among foreign investors who want to buy apartments here for living or doing business. The Phuket real estate market has shown a constant increase in prices in recent years, owning real estate here is characterized by high profitability (income of 7-12% per annum), which attracts investments.
Flats for sale in Phuket are presented in a variety of configurations and styles. The secondary market offers a wide range of properties and different types of housing, ranging from elegant and ultra-modern condominiums, luxury villas, beachfront apartments, traditional Thai-style houses and ending with luxurious penthouses. This allows investors to choose the best option that suits their needs and budget, and guarantees unrivaled opportunities for investing in real estate or buying a holiday home.
Website for buying and selling apartments in Phuket
The GEOLN.COM website with a convenient search interface will help investors find and buy apartments in Phuket inexpensively, thanks to which you can quickly and easily select apartments without intermediaries according to the necessary parameters, and use expert advice. The catalog presents verified city properties that homeowners post on the site themselves.
Cost of apartments in Phuket
How much an apartment costs in Phuket depends, first of all, on the surrounding infrastructure (proximity to hotels, entertainment complexes, the sea, the airport, and hospitals). The price of an apartment in Phuket also significantly depends on the type of housing, location, area, and repair. The secondary market offers the following approximate cost of real estate:
- apartment in Phuket - the price starts from 1,280-2,500 US dollars per square meter;
- private house - on average 300,000 US dollars;
- townhouse - from 120,000 US dollars.
How to buy an apartment in Phuket: investment nuances
Phuket legislation has its own specific regulations for the process of buying and selling real estate by foreigners, so it is necessary to carefully study all the nuances to avoid possible complications. Among the main points: a ban on the acquisition of land by foreign investors in the country, restrictions on the ownership of apartments, and others.
Selling apartments in Phuket is a procedure that requires qualified assistance from real estate specialists, so we recommend contacting professionals. Before making a purchase (especially remotely), it is important not only to look at the photos of the selected property, but also to read the reviews of other buyers. GEOLN experts carry out a high-quality selection of an apartment according to the individual parameters and wishes of the client, ensure the preparation of the necessary documents, and comprehensive execution of transactions.
Buying an apartment in Phuket is a profitable investment and an excellent option for living, relaxing, investing and renting out real estate on the most picturesque island of the country, which successfully combines incredible natural beauty and rich cultural heritage.
Prices per sq. m. in popular districts of Phuket
| District | Price from |
|---|---|
| Karon | 5,230$ / m2 |
