The market of residential property in Phuket should continue to improve in line with the global economic recovery given no new political turmoil, according to a new research. It is believed that political stability will reinforce consumer confidence, not only for Phuket property for sale but for Thailand as a whole. The study said the [...]
The prospects for the Phuket real estate market for next year is looking brighter, and with a number of new projects getting ready for launch, developers are working hard to meet the expectations of buyers, which are getting higher all the time. A trend that we are seeing lately is that developers are trying to [...]
Since about two months now we see signs that foreign demand for real estate in Phuket is recovering. Most enquiries are coming from potential buyers in European and Australian, where the exchange rates are very favorable at the moment. The market for Phuket real estate started to improve at the beginning of the [...]
Finding the most suitable property in today’s Phuket Real Estate market takes some research and evaluation. Following are a few points that might be able to help you to choose the best location and best type of Phuket property to fit your expectations and requirements. Investing in a property in Phuket can have several goals. [...]
As Phuket’s low season is coming to an end and the high season is fast approaching, the island’s property industry has their fingers crossed for a pick-up in business. The signs are looking very positive. Passenger traffic to Phuket is increasing as flight traffic is also on the rise. Direct flights from Perth by Virgin [...]
Despite the fact that the overall Phuket property market has slowed down this year, demand for Phuket luxury villas has remained steady. The most popular holiday destination in Thailand has seen transactions for high end villas in Phuket reach 3,5 billion Thai Baht for the first half of 2009, according to a report from consultants [...]
Prism Estates, the developer of the Istana Phuket real estate project, has completed the final phase of its infrastructure and has commenced construction. Istana Phuket is a development of 19 individually designed Phuket luxury villas created by Gary Fell of GFAB Architects. Nine of the 4 to 6 bedroom villas have sold with the 10 [...]
Lately, the area of Naithon, in the North West of Phuket, is attracting a lot of interest of hotel and residential developers. Being one of Phuket’s least crowded and most beautiful beaches, Naithon looks set to experience dramatic growth over the next few years. In the past Trisara and Andaman White Beach Resort framed a [...]
In the eyes of many Phuket does not need more tourists, but needs richer tourists instead. In fact they say it needs the ultra-rich. One of the reasons for this argument is that one really high-end visitor spends as much as 50 package tourists but puts only 1/50 of the strain on the infrastructure. And [...]
In resort areas like Koh Samui, Phuket and Pattaya, over the past 10 years luxury properties have been popping up all over the place at a very strong pace. The luxury holiday market has expanded and also shifted from the Caribbean to Asia. Because of that, private regional investment has increased sharply as rental returns [...]
