Foreign investors find Phuket a lucrative spot in which to do business due to its international appeal as a beach destination, its eye-catching natural beauty and year-round tropical climate, says Allan Zeman, owner of the five-star Andara Resort & Villas which opened on the island earlier this year. Zeman, a property developer with over four [...]
Some properties on Phuket have been sold at increased prices in the belief that the island-wide 80-metre limit on building will expire on September 30, the head of Phuket’s Natural Resources and Environment Department has revealed. However, regulations from October 1 will retain the limit on building above 80 meters on Phuket. The regulations are [...]
Prices of prime Phuket property are amongst the cheapest of the world’s most popular international homes market according to a new report. The International Residential Report published by Chesterton Humberts discovered the price of new homes for sale in Phuket were 3,500 Euro (4,460 USD) per sqm. Prices for similar homes in Singapore were recorded [...]
The Phuket Natural Resources and Environmental office has confirmed that tighter controls on building on hillside land in Phuket came into force on July 31, some two months earlier than expected. “After we receive an official letter from the Department of Natural Resources and Environment Policy and Planning Division in Bangkok, we will immediately send [...]
The number of people arriving and departing through Phuket International Airport shows a marked year-on-year increase for July, with total passenger numbers up by 17.47 percent. International travelers led the way, increasing to 224,361 arrivals and departures, up 47.15 percent. The total jumped above the half-million mark, to 507,698. Domestic travel, though, was virtually static, [...]
